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- Wall St set to gain on tech rebound, Middle East in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Axsome Therapeutics (AXSM) PT Raised to $380 at Jefferies
Data shows VW, Toyota lose market share in 2023
January 10, 2024 8:22 AM ESTIn the latest industry data out of China revealed on Wednesday, Volkswagen and Toyota Motor (NYSE: TM)) witnessed a decline in their share of the world's largest auto market. This decrease occurred as established global carmakers yielded ground to their Chinese counterparts.
Specifically, VW's two joint ventures in China with FAW and SAIC collectively held a 14.2% share in sales for the year 2023. This figure marks a decrease from their... More
Tesla (TSLA) introduces updated Model 3 in North America
January 10, 2024 8:05 AM ESTTesla (NASDAQ: TSLA) introduced the redesigned iteration of its Model 3 compact sedan in North America on Wednesday, maintaining its prices despite the refresh. This update comes after the vehicle garnered significant interest upon its debut in China and Europe.
The move aims to rejuvenate Tesla's aging vehicle lineup within its primary market. It follows a price competition last year that enabled the... More
Tesla (TSLA) cuts range estimates on various EV models
January 9, 2024 12:17 PM ESTTesla (NASDAQ: TSLA) has has revised its electric vehicle driving-range estimations downward as a response to a new U.S. government regulation aimed at ensuring accuracy in reflecting real-world performance by automakers.
On its website, Tesla updated the driving range estimates for its 2023 X, S, Y, and 3 variants compared to previous versions found on a U.S. government website. The Model Y Long Range EV, for instance, now shows an estimated range of 310 miles on Tesla's site, while the government's EPA-managed fuel economy... More
