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LORDSTOWN MOTORS CORP
Taiwan iPhone maker Foxconn sets its sights on ever more crowded EV marketFoxconn and other tech companies are venturing into the electric vehicle market, challenging traditional automakers like Nissan and Honda. ...- Hindenburg’s Adani, Icahn calls mark year of prominent betsThese successes mark a string of big hits dealt by the firm founded by Nate Anderson. A scorecard of 14 of the firm’s prominent bets since ...
- Electric truck maker Nikola plunges 5% on receiving delisting noticeNikola has been trying to raise cash for operations by selling equity, like other electric vehicle (EV) firms, in a turbulent market, and o...
- US electric vehicle startups set for another quarter of steep cash burnHaving gone public with hopes of shaking up the automobile industry, these companies have seen their market valuations evaporate in the pas...
- View: What Adani short seller Hindenburg can learn from ElliottAdani’s fortune ballooned under Narendra Modi’s administration. His industrial empire, from running airports to building green hydrogen man...
- Nvidia, Foxconn to build autonomous vehicle platformsTaiwanese contract manufacturer Foxconn said it will manufacture electronic control units (ECUs) for cars based on Nvidia's DRIVE Orin chip...
- Wall Street closes little changed on Fed policy fearsThe Dow Jones Industrial Average rose 29.07 points, or 0.09%, to 32,832.54, while the S&P 500 lost 5.13 points, or 0.12%, to 4,140.06 and t...
- ‘Dash for trash’ fuels big bounce for money-losing growth stocksAsana Inc., an unprofitable software maker, was among this week’s winners. The San Francisco-based company’s shares jumped 27%. Electric pi...
- Tesla shares sink after supply chain warning, hitting other EV makersChief Executive Elon Musk told a quarterly conference call that Tesla would not launch new models like Cybertruck this year because it woul...
- Apple iPhone maker Foxconn now wants to make electric vehiclesFoxconn has teased three vehicles - an SUV, a sedan and a bus. These were made by Foxtron, a venture between Foxconn and Taiwanese car make...
- Taiwan's Foxconn shows off three electric vehicle prototypesThe vehicles - an SUV, a sedan and a bus - were made by Foxtron, a joint venture between Foxconn and Taiwanese car maker Yulon Motor Co Ltd.
- S&P 500, Nasdaq hit record closing peaks on eve of Fed meetingAny shift in the Fed's dovish rhetoric could upend equity markets. The S&P benchmark has climbed 13.1% this year, while the Dow and the Nas...
- Tesla shares stage tepid recovery on ‘buy the dip’ bounceThe day-trader favorite rose as much as 3.7% to $724.86 in New York, rebounding from the 12% slide the previous four sessions.
- No revenue is no problem in the 2020 stock marketThe remarkable thing about some of these SPAC-backed companies is they’re going public before they’ve generated their first revenues. These...
- GM to boost output due to clunkers incentivesThe Cobalt, GM's highest-mileage car at up to 37 mpg (16 kpl) on the highway, once was among the top 10 vehicles on the ``cash for clunkers...
- GM to lay off 2,000 more workers at 3 factoriesThe worsening US auto sales slump claimed another 2,000 workers as GM Corp announced layoffs at 3 more car factories.
- GM to extend holiday shutdown, will cut productionGeneral Motors Corp will extend its holiday shutdown or make other production cuts at five factories at as it deals with a continued US aut...
- Failure of auto industry could set off catastropheIndustry supporters are offering such grim predictions as Congress weighs whether to bail out the nation's largest automakers, which are st...
- 3,600 GM workers to be indefinitely laid offGeneral Motors Corp says about 3,600 workers will be laid off indefinitely beginning early next year as the automaker slows down production...
- GM cuts costs with ban on unscheduled overtimeGeneral Motors Corp has told local union officials at two factories that make its hotter-selling small and midsize cars that it will not al...
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