EV startup Fisker prepares for possible bankruptcy filing, WSJ reports
(Reuters) -Electric vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy...
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Toyota becomes Asia’s most shorted large-cap stock – Hazeltree
MILAN (Reuters) – Automaker Toyota Motor Corp became the most shorted large-cap stock by hedge...
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Rivian gains as new launch R2 SUV attracts strong early orders
By Akash Sriram (Reuters) -Rivian’s shares closed more than 2% higher on Friday as its...
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Tesla shares fall after Morgan Stanley cuts price target on weakening EV demand
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla fell for a third day on...
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Lawyers who voided Elon Musk’s pay as excessive want $6 billion fee
By Tom Hals WILMINGTON, Delaware (Reuters) -The lawyers who voided Elon Musk’s $56 billion compensation...
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US should block cheap Chinese auto imports from Mexico, US makers say
By David Shepardson WASHINGTON (Reuters) -The U.S. government should block the import of low-cost Chinese...
Ford halts shipments of new F-150 Lightning EVs
By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all...
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US issues $135 million in advance EV tax rebates since Jan 1, Treasury says
By David Shepardson WASHINGTON (Reuters) – The U.S. government has reimbursed auto dealers for about...
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Uber expects strong core profit as ride share, food delivery pick up pace
By Yuvraj Malik (Reuters) -Uber Technologies forecast quarterly core profit and gross bookings above estimates...
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‘Magnificent Seven’ continued market dominance rests on sales growth, Goldman says
By Lewis Krauskopf NEW YORK (Reuters) – Strong sales growth will be the key to...