Page 38 - Autos News Today

Tesla is the worst-performing stock in both the S&P 500 and Nasdaq 100 in January.

Warren Buffett-backed EV maker BYD said profit for 2023 could be as much as 86% higher than in 2022. Investors had expected it to be even higher.

Women have been facing problems with regard to a threat of sexual harassment and theft of jewellery while boarding an auto at night. As passengers often fail to details of the number plate of the auto, it was a challenge for the police officials to track down the perpetrators of the crime.

Aside from quarterly earnings, investors will be watching for any residual costs from GM's labor contract with the UAW union as well as 2024 guidance.

Vikram Kasat says: "The Interim Budget 2024 is expected to highlight sectors like textile, circular economy, and domestic tourism. Risk-to-reward is favorable for investors entering the market gradually. The auto sector turned underweight after being overweight during the rally, but incremental gains are expected. Structural stories are emerging in real estate, automotive, and domestic travel. SME IPOs are gaining attention due to valuations and high subscription bid."

Shares of French car maker Renault jumped 5% in early deals Tuesday, hours after cancelling plans to publicly list its new electric vehicle and software business.

Microsoft, Alphabet, and Advanced Micro Devices report earnings after the closing bell Tuesday, UPS falls after issuing a weak 2024 revenue forecast, and...

People forget to budget for car insurance when considering buying. Is Idaho a good place or bad for insurance rates?

A Delaware court has voided Tesla CEO Elon Musk’s pay package, which awarded him some 300 million options that vested based on hitting performance...

The compensation package the Tesla board gave CEO Elon Musk set a record for publicly traded corporations, a Delaware judge noted in her ruling.