Tesla, Nikola and AMC fall premarket; Okta, U.S. Steel rise

Texas commission approves Tesla (TSLA) charging standard for federal funds despite concerns

A Texas commission voted Wednesday to approve a plan to include Tesla's (NASDAQ: TSLA) North American Charging Standard (NACS) technology to be eligible for federal funds, despite calls for more time to re-engineer and test the connectors.

According to federal regulations, companies must provide NACS rival, Combined Charging System (CCS) as a basic offering to qualify for the... More

VinFast (VFS) soars 78% ahead of Nasdaq debut

Shares of Vietnamese car company, VinFast (NASDAQ: VFS) are up more than 78% in pre-market trading as the company prepares for its debut trading day in the U.S. following its merger deal with special acquisitions company, Black Spade.

Using Lucid Group (NASDAQ: LCID), a competing electric vehicle manufacturer, as a reference point, VinFast and Black Spade have arrived at a valuation of $23 billion. This valuation ranks as the... More

Fisker (FSR) inks deal with Tesla (TSLA) to adopt NACS by 2025

California-based, emerging electric vehicle maker, Fisker Inc. (NYSE: FSR) announced Tuesday morning that the automaker has signed an agreement with Tesla (NASDAQ: TSLA) to adopt the North American Charging Standard (NACS) starting in 2025.

This decision offers Fisker vehicle owners more charging... More

Tesla (TSLA) launches affordable Model S and Model X variants

Tesla (NASDAQ: TSLA) introduced more affordable versions of its Model S sedan and Model X SUV in the United States on Monday. These new variants offer shorter driving ranges and are aimed at boosting sales, as elevated borrowing expenses are currently affecting the demand for pricier electric vehicles. The lower cost versions of both vehicles launched Monday are $10,000 less than the regular model,... More

China EVs drop as Tesla (TSLA) continues price war

Shares of Chinese electric automakers, XPeng (NYSE: XPEV), Li Auto (NASDAQ: LI) and Nio (NYSE: NIO) are down in early trading Monday morning after American competitor, Tesla (NASDAQ: TSLA) announced additional price cuts to their Model Y vehicles.

Tesla announced Monday, a reduction in prices for... More

Indonesia says Tesla (TSLA) will invest in new battery facility

Following years of active courting, Indonesia revealed Monday that electric carmaker, Tesla (NASDAQ: TSLA) will invest in the manufacturing of battery materials in the country.

Senior Minister Luhut Pandjaitan revealed through a post on Instagram, that he headed an Indonesian delegation that engaged in discussions with... More