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NIO (NYSE:NIO) Trading Down 4.3% - Here's Why
NIO's shares dropped 4.3% to $4.62 in midday trading on Tuesday, with trading volume significantly above average. Despite the dip, analyst sentiment is generally positive, with a consensus "Moderate Buy" rating and an average price target of $6.70. Institutional ownership is strong, with major …
Samsung buys out General Motors’ stake in St. Joseph County battery plant
Samsung has acquired General Motors' stake in a battery plant located in St. Joseph County, Indiana, making it Samsung's first independently operated battery production base in North America. The plant, initially a joint venture announced in 2023, will now produce high-tech batteries for energy …
Bugatti & Lamborghini at Monterey Car Week: How luxury brands target ultra-rich
Yahoo Finance Senior Autos Reporter Pras Subramanian previews Monterey Car Week 2026, highlighting projected auction totals approaching $500 million, major public debuts from luxury brands like Bugatti and Lamborghini, and how automakers are targeting ultra-high-net-worth consumers. Video Transcript 00:00 Pras You know, the classic …
Elon Musk could get his near-$1 trillion payday a lot sooner if SpaceX buys Tesla
While much was made of Elon Musk becoming a trillionaire earlier this year, the world's richest man could see his fortune near or top $2 trillion if he decides to use SpaceX [NASDAQ: SPCX] to acquire Tesla [NASDAQ: TSLA]. Speculation has been growing steadily …
Polestar Automotive Holding UK PLC Class C-1 ADS (ADW) (PSNYW) Live Share Price, Invest From India
This article provides a detailed financial overview of Polestar Automotive Holding UK PLC Class C-1 ADS (ADW) (PSNYW), including its current share price, historical performance, and fundamental indicators. It also presents an analyst recommendation, insights into Indian investor interest, and comparative data against industry …
Rivian's R2 Is Finally in Driveways. Here's The Number That Decides Whether The Stock Doubles
Key Points Rivian’s R2 could broaden its market and boost its margins. Its stock could easily double if it’s revalued as a high-growth EV maker again.10 stocks we like better than Rivian Automotive › Rivian (NASDAQ: RIVN) launched its R2 SUV in the U.S. …
Sharemaestro market context Trend signal active 52 weeks +30.7% · Next-week setup negative 39.1%Tesla Stock Rises as China EV Sales Slide for Seventh Straight Month
This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) shares edged higher by about 0.7% on Tuesday as new Chinese industry data showed battery-electric vehicle demand continued to expand in July despite a broader contraction in the country's passenger-car market, according to China Passenger Car …
Toyota Stock Defies 508,354-Vehicle Recall as Shares Rise
This article first appeared on GuruFocus. Toyota Motor (NYSE:TM), the global automaker behind Toyota and Lexus, faced a 508,354-vehicle U.S. recall Tuesday. The stock's reaction? Almost nothing. Toyota's U.S.-listed shares actually gained roughly 0.4% in regular-session trading as of 11:34 a.m. ET. According to …
Rivian Automotive, Inc. (RIVN) vs. Ferrari N.V. (RACE): A Mass-Market EV Bet Against Ultra-Luxury Pricing Power
Rivian Automotive, Inc. (NASDAQ:RIVN) and Ferrari N.V. (NYSE:RACE) both beat estimates last week but for opposite reasons. Rivian narrowed its losses and raised its delivery forecast as its cheaper R2 SUV finally reached customers. Ferrari raised guidance too, even though it shipped fewer cars …
Sharemaestro market context Trend signal active 52 weeks +30.7% · Next-week setup negative 39.1%Tesla Stock Rises Despite 20,349-Vehicle Headlight Recall
This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA), the electric-vehicle and energy heavyweight, rose about 1% Tuesday despite another regulatory headache landing on its doorstep. Tesla is recalling 20,349 U.S. vehicles after the National Highway Traffic Safety Administration found that low-beam headlights on certain …
Former Toyota chairman Hiroshi Okuda dies at 93
Investing.com -- Hiroshi Okuda, who led Toyota Motor Corp. as president and chairman during a period of global expansion in the late 1990s and early 2000s, died Tuesday, according to Japan's Kyodo News. He was 93. Okuda joined Toyota as the company was building …
Niu Technologies (NIU) stock price, news, quote and history
This article provides a comprehensive overview of Niu Technologies (NIU) stock, including its current price, historical data, financial performance, and analyst insights. It details the company's products, which range from electric scooters and bicycles to accessories and lifestyle items, and outlines its sales and …
Elon Musk Says Starlink Will Be in Every Car, Calls It the ‘Only Way’ To Connect Billions of Vehicles
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Space Exploration Technologies Corp. and Tesla Inc. CEO Elon Musk says all cars will eventually feature Starlink connectivity, arguing satellite internet could provide high-bandwidth connectivity to billions …
Empery Digital Sells 1,635 Bitcoin As Treasury Buffer Shrinks
Empery Digital sold 1,635 BTC for $102.2 million, reducing its total Bitcoin holdings to 1,279 BTC, with only 325 BTC remaining unrestricted after collateral pledges. This move highlights the evolving complexity of corporate Bitcoin treasuries, where BTC is increasingly used as an active balance-sheet …
Verdek Renews Florida Sheriffs Association Cooperative Purchasing Contract, Adds Tesla Supercharger to an Expanded EV Charging Lineup
MONROE, Conn., Aug. 11, 2026 /PRNewswire/ -- Verdek, LLC, a leading provider of electric vehicle (EV) charging infrastructure solutions, announced today that its contract under the Florida Sheriffs Association (FSA) Cooperative Purchasing Program for Electric Vehicle Charging, Power Stations, Equipment & Software (FSA26-PWR5.0) has …
General Motors Dumps Another Major EV Battery Stake; GM Stock Rises
General Motors sold its stake in an Indiana EV battery plant to South Korea's Samsung SDI amid sluggish demand for electric cars. GM stock offered a trendline entry on Tuesday. Ford stock and Tesla stock also gained below key levels. Continue Reading
Sharemaestro market context Price below Trend Line 52 weeks -0.6%GM’s Samsung SDI Battery Deal Changes Shape as Indiana Plant Pivots to Energy Storage
General Motors (GM) and Samsung SDI have revised their battery partnership. While they will continue to co-develop next-generation prismatic battery cells for future EVs, Samsung SDI has acquired GM's stake in their Indiana plant. This plant will now primarily focus on producing batteries for …
A SpaceX-Tesla Deal Could Unlock Musk's $824 Billion Payday
This article first appeared on GuruFocus. Tesla Inc. (TSLA, Financials), the electric vehicle maker, could face an unusual consequence if speculation about a combination with SpaceX ever turns into a real deal. Warning! GuruFocus has detected 1 Warning Sign with SPCX. Is SPCX fairly …
Judge refuses to throw out Ford lawsuit against Kentucky dealership over ownership transfer
A federal judge in Kentucky has allowed Ford Motor Co. to proceed with its breach-of-contract lawsuit against Pure Country Ford. The lawsuit alleges that the dealership transferred ownership interests without the automaker's authorization. This decision means Ford's claims can continue to be litigated.
Tesla and SpaceX Just Committed $16.8 Billion to a Texas Chip Plant.
Legendary Tech Investor explains the chip shortage behind the project, and why he believes it could reshape the AI era Baltimore, MD, Aug. 11, 2026 (GLOBE NEWSWIRE) -- James Altucher says the most important technology story of the year just unfolded in a quiet …
NIO Inc. ADR falls Tuesday, underperforms market
NIO Inc. ADR (NIO) fell 4.15% to $4.62 on Tuesday, underperforming the broader market as the NASDAQ Composite Index and Dow Jones Industrial Average also experienced declines. This drop ended a two-day winning streak for the ADR.
Honda Invests in Quemix to Advance Quantum Computing Applications for Materials Research
Honda Motor has invested in Quemix to accelerate the development and deployment of quantum computing technologies, specifically for materials research. The companies have a history of collaboration, including joint work on quantum state readout technology and quantum algorithms for Density Functional Theory calculations. Quemix …
Honda’s Pioneer 700, Pioneer 520 Multipurpose Side-by-Sides Return for 2027, Delivering Exceptional Versatility
Honda has announced the return of its Pioneer 700 and Pioneer 520 side-by-sides for the 2027 model year, highlighting their versatility for both work and recreation. The Pioneer 700 will be available in six versions across two-seat and four-seat configurations, with prices ranging from …
Rivian (RIVN) Stock Looks Fully Valued As R2 Deliveries Begin
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Rivian Automotive stock has delivered a 37.4% return over the past year. However, its valuation checks lean expensive rather than clearly cheap, which puts recent …
GraniteShares Autocallable TSLA ETF declares $0.3876 dividend
* GraniteShares Autocallable TSLA ETF (TLA [https://seekingalpha.com/symbol/TLA]) declares $0.3876/share monthly dividend [https://seekingalpha.com/pr/20615105-graniteshares-announces-monthly-distributions-for-its-autocallable-etfs-anv-tla-msr-atc-pla]. * Payable Aug. 14; for shareholders of record Aug. 12; ex-div Aug. 12. * See TLA Dividend Scorecard, Yield Chart, & Dividend Growth. [https://seekingalpha.com/symbol/TLA/dividends?source=news_bullet] MORE ON GRANITESHARES AUTOCALLABLE TSLA ETF * Dividend …
Ex-Toyota chair Okuda, outsider who masterminded global footprint, dies at 93
Hiroshi Okuda, former chairman of Toyota Motor Corp, has died at 93. An outsider who became president in 1995, Okuda was instrumental in globalizing Toyota's operations, building overseas production bases, and championing the development of the Prius hybrid car. He was also known for …
Ford Shares Gain Following DBS Upgrade as Earnings Forecast Attracts Investors
Ford shares rose 1.9% after DBS upgraded the stock to Buy with a $17 price target, citing a stronger profit outlook. The upgrade follows Ford's increased 2026 adjusted EBIT forecast to $10 billion to $11 billion, though analyst sentiment remains divided on the company's …
A Race Against Blindness Launches "Right Toyota Spree" Fundraiser
A Race Against Blindness Innovative partnership with Right Toyota features $150,000 shopping spree and $50,000 cash for a fundraiser to help fund research for inherited retinal diseases GILBERT, Ariz., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Today, A Race Against Blindness announced the launch of …
CoreWeave Earnings Prediction Market Preview: What Will the AI Cloud Company Say About Nvidia and Anthropic?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. CoreWeave, Inc.(NASDAQ:CRWV) reports second-quarter earnings after the close today, with the call at 5 p.m. ET. Analysts expect revenue of roughly $2.56 billion, more than double the …
Tesla Burns Through Funds Allocated for Gavin Newsom’s EV Rebate Within Days—California Governor Hails Clean Energy Bet
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Gov. Gavin Newsom's (D-CA) MyFirstEV program promises a $3,500 instant discount on new EVs, as well as a $1,750 discount on used EVs, for first-time buyers in …
Sharemaestro market context Price below Trend Line 52 weeks -0.6%Michael Burry Has a Stark Warning for Investors Betting on Today's Market
This article first appeared on GuruFocus. Michael Burry (Trades, Portfolio) renewed his criticism of current U.S. market valuations over the weekend, arguing that investors are placing too little weight on price and fundamentals. Warning! GuruFocus has detected 5 Warning Signs with TSLA. Is TSLA …
Tesla Retail Sales In China Drop 32%, Even As The Battery EV Market Gains
Tesla stock is up about 1% on Tuesday. The EV makers retail sale in China fell 32%, even as the broader battery EV sales in China gained 6% last month. Continue Reading
Why JPMorgan is investing big in the 2028 LA Olympics
LOS ANGELES — For years, JPMorgan executives have been talking with Olympics organizers about sponsoring the games. Before the next event, taking place in Los Angeles in 2028, the firm officially opted in — making a massive, nine-figure bet as the Games' first-ever global …
ATMU or RACE: Which Is the Better Value Stock Right Now?
Investors interested in Automotive - Original Equipment stocks are likely familiar with Atmus Filtration Technologies (ATMU) and Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. We have found that the …