Gov. Abbott signs annual EV tax bill into law

Fisker (FSR) explores collaboration with other companies

Fisker (NYSE: FSR) CEO, Henrik Fisker said Wednesday that the electric automaker is exploring collaborations with other companies to scale up market share faster.

"Buyers aren't loyal anymore to their traditional brands. That changes everything. If we collaborate with someone, you can scale quicker ... it could be with suppliers, other car companies, tech companies - we are exploring all these avenues," Fisker said, speaking at the Reuters Automotive Conference in Munich.

During interviews at the conference on Tuesday, senior executives from Polestar (NASDAQ: PSNY) and Smart, rival... More

Tesla (TSLA) reopens talks with India, proposes new EV factory

Reuters reports, citing a source with direct knowledge of the matter, that electric vehicle giant Tesla (NASDAQ: TSLA) told government officials on Wednesday they would like to build a factory in India to build electric cars for domestic sale and... More

Ford (F) joins Stellantis (STLA) in calls for extension of post-Brexit trade rules

American automaker, Ford (NYSE: F) on Wednesday called for the post-Brexit EU trade requirements on rules of origin for electric vehicles (EVs) to delayed until 2027 from 2024, saying tariffs will add pointless costs for consumers and slow the transition to electric.

"Ford is calling for current trade requirements to be extended to 2027, to allow time for the battery supply chain to... More

Stellantis (STLA) warns UK factories will close if Brexit deal is not changed

Stellantis (NYSE: STLA), the world's No. 3 carmaker by sales and owner of 14 brands including Vauxhall, Peugeot, Citroen and Fiat has warned the U.K. that British car plants will close with the loss of thousands of jobs unless the Brexit deal is swiftly renegotiated.

According to Stellantis, under the current deal it would face tariffs when exporting electric vans to Europe... More

Stellantis (STLA) warns UK factories will close if Brexit deal is not changed

Stellantis (NYSE: STLA), the world's No. 3 carmaker by sales and owner of 14 brands including Vauxhall, Peugeot, Citroen and Fiat has warned the U.K. that British car plants will close with the loss of thousands of jobs unless the Brexit deal is swiftly renegotiated.

According to Stellantis, under the current deal it would face tariffs when exporting electric vans to Europe... More

China's BYD launches autonomous driving division and extensive recruitment drive

BYD Co, the largest electric vehicle manufacturer in China, is well aware of its lag behind competitors in autonomous driving technology. In order to address this weakness, the company has established a new division and launched an extensive recruitment campaign.

During an investor forum this month, Senior Vice President Stella Li revealed that BYD Co has successfully recruited approximately 4,000 to 5,000 software engineers. In a transcript verified by the company, she stated, "Although we are currently not leading the pack, we are committed to delivering a... More

Tesla's (TSLA) shareholder meeting: Musk unveils product updates, strategic plans, and an advertising shift; Analysts positive

Tesla (NASDAQ: TSLA) held its annual shareholder meeting in Austin Texas on Tuesday where CEO Elon Musk updated investors on the companys current product fleet, FSD, its Cybertruck production ramp, and plans to complete Part 3 of its Master Plan to provide a path towards a 100% sustainable economy.

The meeting took place just days after Musk announced that there will be a new person heading up Twitter, signaling to TSLA shareholders he may have more time to spend on the electric vehicle giant.

The multi-billionaire reiterated his commitment to... More

Stifel starts EVgo (EVGO) at Buy, believes company is positioned well to capitalize on growth trend

Stifel initiated coverage of EV fast charging company, EVgo Inc. (NASDAQ: EVGO) with a Buy rating and set their 12 month price target for the stock at $9.00.

EVgo is a leading EV charging company based in Los Angeles. Their primary business is the... More

Active options: TSLA AMD NVDA AMZN GOOGL AAPL GOOG MSFT

Active options: TSLA AMD NVDA AMZN GOOGL AAPL GOOG MSFT

Midday movers: Home Depot, Capital One Financial, Tesla and more

Investing.com -- Stocks were mixed at midday Tuesday as investors waited for clarity on the direction of negotiations over raising the debt ceiling, with a June 1 deadline just weeks away. Here are the market movers for May 16.

Tesla (TSLA) Model 3 dominates reliability study, outperforming ICE counterparts

Teslas (NASDAQ: TSLA) participated in a new reliability study by the Allgemeiner Deutscher Automobil-Club (ADAC) in Germany where their electric Model 3 crushed its internal combustion engine (ICE) counterparts.

It should come as no surprise that electric vehicles (EVs) are generally more reliable than their fossil-fuel-powered counterparts, given their remarkable mechanical simplicity. The superiority of EVs in terms of reliability has been... More

Canada increases subsidy support for Stellantis (STLA) battery plant in effort to resolve construction stalemate

Canadas Industry Minister, Francois-Philippe Champagne announced Tuesday that the country has increased its planned support to carmaker Stellantis (NASDAQ: STLA) in an effort to end a stalemate between the two entities and continue construction on a battery plant in Windsor, Ontario.

The automaker halted construction Monday due to a disagreement with the federal government regarding subsidies.

To break the "stalemate," it is important that Ontario "pay its fair share," Champagne told reporters at a news... More

Tesla (TSLA) May option IV above June into shareholder meeting

Tesla (NASDAQ: TSLA) May call option implied volatility is at 56, June is at 49; compared to its 52-week range of 45 to 96 into annual shareholder meeting.

Stellantis (STLA) agrees to acquire 33.3% of Symbio

Automaker, Stellantis (NASDAQ: STLA) on Tuesday, made an announcement regarding its partnership with Faurecia and Michelin. They have signed a binding agreement wherein Stellantis will acquire a 33.3% stake in Symbio, a prominent company specializing in zero-emission hydrogen mobility. Faurecia and Michelin will continue to be shareholders, each holding a 33.3% stake in Symbio.

This announcement marks a notable milestone in the efforts to decarbonize the mobility industry and showcases Symbio's exceptional expertise in hydrogen fuel cell advancements. With Stellantis coming on board as a shareholder, Symbio's growth will receive a substantial boost, both... More

Polestar (PSNY) COO calls for partnerships to tackle supply chain decarbonization challenges

Polestar Autos (NASDAQ: PSNY) COO, Dennis Nobelius said Tuesday that the electric automaker is open to partnerships to tackle the challenges of decarbonizing the supply chain.

While speaking at the Reuters Automotive Conference in Munich, Nobelius said, If we align with partners and say this is how we decarbonize the supply chain... we can make an impact... we would like to team up".

Polestar, whose cars are produced by... More

Home Depot, Wells Fargo, Vodafone fall premarket; Capital One rises

Investing.com -- Stocks in focus in premarket trade on Tuesday, May 16th. Please refresh for updates.

Home Depot (NYSE: HD) stock fell 2.4% after the largest U.S. home... More

Tesla (TSLA) seeks approval to expand Shanghai plant, add pouch battery cell production

Tesla (NASDAQ: TSLA) has applied for and is seeking regulatory approval to expand its Shanghai plant and begin producing for the first time pouch-type battery cells in limited quantity.

According to an undated public notice, the Shanghai Gigafactory could potentially expand its capacity to manufacture 1.75 million powertrain units per year, an increase from its current production capacity of 1.25 million units.

Its unclear from the notice, which was posted... More

Tesla (TSLA) To Meet Indian Officials This Week - Reuters

Tesla (TSLA) To Meet Indian Officials This Week - Reuters

Tesla (TSLA) introduces discounts for business and fleet buyers in Germany

Electric automaker, Tesla (NASDAQ: TSLA) announced Monday that they have implemented additional discounts for business customers in Germany, signaling the companys increasingly aggressive pricing strategy.

According to a company representative, fleet buyers can now take advantage of an extra 2,250 euro ($2,447) discount. This... More

Elon Musk says Tesla not immune to tough economy that he foresees

By Hyunjoo Jin and Akash Sriram

(Reuters) -Tesla Inc CEO Elon Musk warned on Tuesday that the electric-vehicle maker was not immune to the global economy, which he said will be difficult for the next 12 months.

At the company's annual shareholder meeting in Austin, Texas, Musk played down market rumors that he may step down as CEO of Tesla, touched upon two new mass-market models it is developing, and reaffirmed that deliveries of its long-delayed Cybertruck pickup would start this year.

In a sign of tough times even for Tesla, the market leader in electric... More

Stellantis (STLA) to Acquire Equal Stake with Faurecia and Michelin in Symbio

Stellantis to Acquire Equal Stake with Faurecia and Michelin in Symbio, a Leader in Zero-emission Hydrogen Mobility

Faurecia, a company of the FORVIA group, Michelin and Stellantis (NYSE: STLA) announce today the signing of a binding agreement for Stellantis to acquire 33.3% stake in Symbio, a leader in zero-emission... More

Tesla applies to expand Shanghai plant, add pouch battery cell output

(Reuters) - Tesla Inc has applied for regulatory clearance to expand its Shanghai plant and to begin producing for the first time pouch-type battery cells, albeit in small numbers.

An undated public notice said the potential expansion would give the Shanghai Gigafactory the capacity to produce 1.75 million powertrain units annually, up from 1.25 million currently.

It was not clear from the notice, posted on the website of the district where the factory is located, whether Tesla is committed to moving ahead with the expansion or is only seeking approval for potential, future capacity.

Tesla did not... More

Tesla (TSLA) option implied volatility into annual shareholder meeting

Tesla (NASDAQ: TSLA) May call option implied volatility is at 54, June is at 49; compared to its 52-week range of 45 to 96 into annual shareholder meeting today.

Capital One (COF) gains as Buffett's Berkshire shows new stake

Shares of Capital One Financial (NYSE: COF) gained 5.7% after-hours Monday after Warren Buffett's Berkshire Hathaway disclosed the credit card firm as its newest stock holding.

Berkshire disclosed in a 13F with the SEC after the close of trading that it owned 9,922,000... More

Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit by US Virgin Islands

By Tom Hals

WILMINGTON, Delaware (Reuters) -The U.S. Virgin Islands has subpoenaed Tesla Inc CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase & Co of helping enable sexual abuses by late sex offender Jeffrey Epstein.

The subpoena, issued on April 28, came to light on Monday in a request by the Virgin Islands to serve Musk by alternative means because it had been unable to locate and serve him.

The U.S. territory did not seek to question Musk under oath, and its effort to subpoena him does not implicate him in any wrongdoing.

Einhorn's Greenlight Capital enters Black Knight (BKI), New York Community Bancorp (NYB), more - 13F

David Einhorn's Greenlight Capital released its 13F for the quarter ended March 31, 2023. Below is a summary:

New Stakes
Black Knight Inc. (NYSE: BKI) new 924,740 share position
FinServ Acquisition Corp. II Warrants (NASDAQ: FSRXW) new 78,750 share position
First Citizens BancShares, Inc. (NASDAQ: FCNCA) new 22,550 share position
FIRST TRUST ISE-REVERE NATURAL GAS INDEX FUND (NYSE: FCG) new 58,540 share position... More

Elon Musk Was Subpoenaed In JPMorgan Epstein Suit By Usvi - Bloomberg

Elon Musk Was Subpoenaed In JPMorgan Epstein Suit By Usvi - Bloomberg

Buffett's Berkshire Hathaway shows new stake in Capital One Financial (COF), Raises Apple - 13F

Warren Buffett's Berkshire Hathaway released its 13F for the quarter ended March 31, 2023. Below is a summary":

New Stakes
Capital One Financial (NYSE: COF) new 9,922,000 share position
DIAGEO PLC (NYSE: DEO) new 227,750 share position
Vitesse Energy, Inc. (NYSE: VTS) new 51,026 share position

Raised Stakes
Apple Inc. (NASDAQ: AAPL) raised from 895,136,175 shares to 915,560,382 shares
Bank of America Corp (NYSE: BAC) raised from 1,010,100,606 shares to 1,032,852,006 shares
Citigroup Inc. (NYSE: C) raised from 55,155,797... More

Tesla (TSLA) option implied volatility into annual shareholder meeting on May 16

Tesla (NASDAQ: TSLA) May call option implied volatility is at 54, June is at 49; compared to its 52-week range of 45 to 96 into annual shareholder meeting on May 16.

Musk tells Tesla staff he must approve all hiring- memo

(Reuters) - Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally approves them, including contractors, according to a copy of the email seen by Reuters.

According to the email, Musk told executives to send him a list of hiring requests... More

Musk Tells Tesla (TSLA) Staff He Must Approve All Hiring - The Information

Musk Tells Tesla (NASDAQ: TSLA) Staff He Must Approve All Hiring - The Information

Stellantis (STLA) halts plant construction in Windsor over subsidy disagreement

Stellantis (NYSE: STLA), on Monday, made an announcement stating that it has halted the construction of its electric vehicle battery manufacturing facility in Windsor, Canada. According to a company spokesperson, this decision was made due to a disagreement with the federal government regarding subsidies.

"Effective immediately, all construction related to the battery module production on the Windsor site has stopped," the spokesperson said.

The move follows an agreement between... More

Fisker (FSR) gains following announced production ramp

Shares of sustainable electric automaker, Fisker (NYSE: FSR) are trading up 3.61% after the EV company released a press release Monday detailing the next phase of EV production as it accelerates its global launch of the electric Fisker Ocean SUV.

Today, Fisker is beginning to gradually ramp-up production, and will continue throughout May and has set a goal to... More

Musk: Tesla to make significant investments in France at some point

PARIS (Reuters) - US electric car manufacturer Tesla will make significant investments in France, its CEO Elon Musk said in Versailles on Monday, adding that he could not give a timetable.

Asked after a meeting with French President Emmanuel Macron whether Tesla planned to announce investments in France,... More

Tesla (TSLA) faces another lawsuit over impact of software updates on EV batteries

Tesla (NASDAQ: TSLA) is again confronted with a class action lawsuit for limiting the battery capacity inside its vehicles through a software update. A group of U.S. Tesla Model S and Model X owners filed a proposed class-action lawsuit against the electric vehicle manufacturer on Friday claiming the companys automatic software updates allegedly resulted in reduced driving range or even battery... More

Active options: TSLA AMZN GOOGL SOFI AAPL NVDA AMD GOOG PACW

Active options: TSLA AMZN GOOGL SOFI AAPL NVDA AMD GOOG PACW

Tesla (TSLA) option IV into annual shareholder meeting

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 48; compared to its 52-week range of 45 to 96 into annual shareholder meeting on May 16.

Newmont, Magellan Midstream, Ford and Meta rise premarket; ONEOK falls

Investing.com -- Stocks in focus in premarket trade on Monday, May 15th. Please refresh for updates.

Newmont Goldcorp (NYSE: NEM) stock rose 0.6% after Australian target Newcrest Mining (OTC: NCMGF) said it would back the U.S. gold... More

Soros exits Tesla (TSLA), reduces Rivian (RIVN) stake after 90% drop from peak

Soros Fund Management, the family office of George Soros, cut its holdings in Rivian Automotive (NASDAQ: RIVN) following the electric automakers 90% share decline from its intraday peak in November 2021. The billionaire also slashed its $16 million stake in Tesla (NASDAQ: TSLA), effectively eliminating their investment in the EV giant.

Soros purchased... More

Tesla's 'Unboxed Process': Revolutionizing auto manufacturing or a risky endeavor?

Tesla (NASDAQ: TSLA) introduced a new vehicle-assembly systemin March, sparking instant buzz and debate among industry specialists on whether the system, known as the "unboxed process," devised by CEO Elon Musk is a radical innovation, a visionary departure from traditional methods, a derivative concept, or a combination.

Musk believes the company needs to radically rethink conventional manufacturing methods in order to produce electric vehicles at larger volumes that are both more affordable and profitable.

Investors have eagerly anticipated the revelation of what many consider to be Tesla's holy grail: an electric... More

Ford (F) aims to reduce costs in China in attempt to boost business

Ford (NYSE: F) announced Monday that the American automaker is working to reduce costs in China as it strives to recover from a long sales slump in the world's largest auto market.

Our costs are not competitive, and we are working... More

Fisker (FSR) Enters Next Phase of Production for Electric Fisker Ocean

Fisker Inc. (NYSE: FSR) is commencing the next phase of production as it accelerates its global launch of the electric Fisker Ocean SUV, and is planning to deliver to next customers across Europe and US markets starting in June.

As previously announced, Fisker expects to gradually ramp up production over... More

Ford says it will reduce costs to boost China business

SHANGHAI/BEIJING (Reuters) - Ford said on Monday it was working to reduce costs in China as it strives to recover from a long sales slump in the world's largest auto market.

Our costs are not competitive, and we are working internally and with our partners to reduce... More

Analysis-Tesla’s new car-making process stokes debate among industry experts

By Norihiko Shirouzu, Paul Lienert and Victoria Waldersee

(Reuters) - Tesla Inc's new vehicle-assembly system, which created instant buzz when it was unveiled in March, ignited a debate among auto manufacturing experts on whether CEO Elon Musk's so-called unboxed process is radical, revisionist or derivative - or all of the above.

Musk believes the company needs to radically rethink conventional manufacturing methods in order to build more affordable - and profitable - electric vehicles in higher volumes.

Investors have been waiting for Tesla, the world's most valuable automaker, to announce what is perceived as the company's... More

General Motors (GM) Recalls 994,763 US Vehicles Over Air Bags - NHTSA

General Motors (GM) Recalls 994,763 US Vehicles Over Air Bags - NHTSA

Active options: TSLA AAPL GOOGL AMZN NVDA AMD MSFT GOOG META

Active options: TSLA AAPL GOOGL AMZN NVDA AMD MSFT GOOG META

Polestar Automotive Holding Uk Plc (PSNY) PT Lowered to $5 at Barclays

Barclays analyst Dan Levy lowered the price target on Polestar Automotive Holding Uk Plc (NASDAQ: PSNY) to $5.00 (from $7.00) while maintaining a Equalweight rating.... More

Ford (F) PT Raised to $12.80 at Citi

Citi analyst Itay Michaeli raised the price target on Ford (NYSE: F) to $12.80 (from $12.50) while maintaining a Neutral rating.... More

Polestar Automotive Holding Uk Plc (PSNY) PT Lowered to $4 at Deutsche Bank

Deutsche Bank analyst Emmanuel Rosner lowered the price target on Polestar Automotive Holding Uk Plc (NASDAQ: PSNY) to $4.00 (from $5.00) while maintaining a Hold rating.... More

Elon Musk says he plans to devote more time to Tesla (TSLA)

Elon Musk says he plans to devote more time to Tesla (NASDAQ: TSLA)

Obviously, bringing on Linda allows me to devote more time to Tesla, which is exactly what I will be doing!

Strikes disrupt production at Stellantis (STLA) plant in southern Italy

Stellantis (NYSE: STLA), the parent company of Dodge, Chrysler, Alfa Romeo and others, has experienced a slow in production at its plant in southern Italy the past few days due to strikes by employees protesting over working conditions, the FIOM union said on Friday.

The automaker assembles the recently launched Alfa Romeo Tonale SUV, production of which is ramping up, and the Fiat Panda small car at the... More

Fisker (FSR) pushes release of Pear EV until 2025

In a recent update, American electric vehicle manufacturer, Fisker (NYSE: FSR) announced that the launch of its highly anticipated model, the Fisker Pear, will be postponed until 2025. The company originally announced the affordable EV would debut with a price of $29,900 in 2024, but it... More

Midday movers: First Solar, Tesla, Charles Schwab and more

Investing.com -- Stocks were headed for another down week after weaker-than-expected consumer sentiment for May. Here are the market movers for May 12.

Tesla (TSLA) gains valuable endorsement for FSD in China

Electric vehicle giant, Tesla (NASDAQ: TSLA) has gained an important partner in their mission to promote their vehicles, as well as the companys full self-driving program in China.

The Shanghai Municipal Commission of Economy and Informatization (SMCEI) has effectively endorsed the company through a public commitment released by the SMCEI, which was subsequently reported initially... More

Tesla (TSLA) revamps referral program with a chance to win a free Cybertruck

It appears that Tesla (NASDAQ: TSLA) has overhauled its Referral Program, and the changes are quite intriguing. According to observations from the Tesla community, the updated program offers credits towards vehicle purchases, along with an enticing lottery for a pre-release version of the Cybertruck.

According to the electric automakers support page, both existing and new owners are eligible to receive credits. Existing Tesla owners can obtain Referral Credits,... More

Active options: TSLA AAPL GOOGL NVDA AMD AMZN NFLX MSFT META

Active options: TSLA AAPL GOOGL NVDA AMD AMZN NFLX MSFT META

Elon Musk confirms Linda Yaccarino will be new CEO of Twitter

Elon Musk confirms Linda Yaccarino will be new CEO of Twitter

I am excited to welcome Linda... More

U.S. stocks were wobbling amid tepid consumer sentiment

Investing.com -- U.S. stocks were wobbling as investors digested data that showed inflation was cooling but sentiment was weaker than expected.

At 11:34 ET (15:34 GMT), the Dow Jones Industrial Average was down 80 points or 0.2%, while the S&P 500 was down 0.3% and the NASDAQ Composite was down 0.5%.

Vague rumors Musk could also step down as Tesla CEO after Twitter CEO news

There is a vague rumor from cleantechnica.com that now that Elon Musk has stepped aside at Twitter, he also may step aside at Tesla (NASDAQ:... More

Active options: TSLA GOOGL NVDA AAPL AMZN AMD META GOOG DIS NFLX

Active options: TSLA GOOGL NVDA AAPL AMZN AMD META GOOG DIS NFLX

Tesla (TSLA) raises prices on Model S, X, and Y vehicles in the U.S.

Shares of Tesla (NASDAQ: TSLA) are up more than 2% in pre-market trading Friday after the electric vehicle giant increased the U.S. prices of its Model S, X, and Y electric vehicles by low single-digit percentages on Thursday, though prices are still considerably lower than at the beginning of the year.

The companys website showed raised prices... More

Tesla (TSLA) to recall 1.1M imported and China-made vehicles

Chinese regulators announced Friday they received a notification from Tesla (NASDAQ: TSLA) that the electric automaker will deploy software updates to more than 1 million vehicles to allow changes to braking methods and more warnings about the use of accelerator pedals.

According to... More

Musk nabs ex-NBCUniversal ad chief Yaccarino as new Twitter CEO

By Dawn Chmielewski and Sheila Dang

(Reuters) - Elon Musk has named former NBCUniversal advertising chief Linda Yaccarino as Twitter's new CEO, as the company tries to reverse a plunge in ad revenue.

Yaccarino will take over a social media platform beset with challenges and a heavy debt load, after she spent several years modernizing the advertising business at NBCUniversal, which is owned by Comcast Corp.

"I am excited to welcome Linda Yaccarino as the new CEO of Twitter!" Musk said in a tweet on Friday. "@LindaYacc will focus primarily on business operations, while I focus... More

NBCUniversal ad chief Linda Yaccarino to be Twitter CEO - Reports

NBCUniversal ad chief Linda Yaccarino to be Twitter CEO - Reports

CPCA releases April NEV sales data, BYD leads holding 34.5% of the market

Sales of electric cars and plug-in hybrids in China fell slightly in April. According to data from the China Passenger Car Association (CPCA), 606.8k new energy vehicles (NEVs) were sold in April, a 2% drop from March. However, compared year-on-year, this marks an increase of 116%. Aprils NEV penetration rate reached 33.9%, a 2.9ppt jump over March and a 5.9ppt jump over last year.

A look at the manufacturers shows that BYD heads the list with 209.5k NEVs, a 99% increase over last years numbers, bringing... More

New Twitter CEO may free up Musk to steer Tesla through easing demand

By Akash Sriram

(Reuters) -Elon Musk's appointment of a new Twitter chief may free up the billionaire from a major distraction and allow him to focus more on Tesla Inc, analysts said on Friday.

Tesla shares, which have gained 40% this year, reversed course to trade down about 2% as broader markets fell. The stock had its worst year in 2022, losing 65%, amid Musk's on-again, off-again offer for Twitter.

Musk said on Friday NBCUniversal executive Linda... More

Tesla, PacWest and Icahn Enterprises rise premarket; Fox falls

Investing.com -- Stocks in focus in premarket trade on Friday, May 12th. Please refresh for updates.

Tesla (NASDAQ: TSLA) stock rose 2% after CEO Elon Musk tweeted on Thursday that he had... More

Dow futures rise 145 pts; Michigan sentiment data, Twitter news in focus

Investing.com -- U.S. stocks are seen opening higher Friday on growing optimism that the Federal Reserve may pause its monetary tightening campaign, although concerns about a potential recession remain, along with worries about the debt ceiling and the banking sector.

At 07:00 ET (11:00 GMT), the Dow Futures contract was up 145 points, or 0.4%, S&P 500 Futures traded 15 points, or 0.5%, higher and Nasdaq 100 Futures climbed 28 points, or 0.2%.

The blue-chip Dow Jones Industrial Average closed over 200 points, or 0.7%, lower Thursday, recording a fourth straight losing session, on renewed concerns about deposit outflows in the... More

Tesla (TSLA) adds to Thursday's gains on new Twitter CEO, EV price hike

Shares of Tesla (NASDAQ: TSLA) added 1.5% in pre-open trading Friday after news Elon Musk is naming a new CEO to Twitter and as the company lifted prices slightly in the U.S. on all models:

Polestar Automotive Holding Uk Plc (PSNY) PT Lowered to $6 at Cantor Fitzgerald

Cantor Fitzgerald analyst Andres Sheppard lowered the price target on Polestar Automotive Holding Uk Plc (NASDAQ: PSNY) to $6.00 (from $7.00) while maintaining a Overweight rating.... More