Dennis Coyle News Today

2022 was not an ideal year for retail investors of Tesla Inc stock as the share value of electric vehicle company tumbled by more than 60%

Americans are in shock with the surging prices at gas stations across the country. The global energy costs are now rippling through the economy following Russia's invasion of Ukraine, and [...]

Economists say the one-two punch of rising prices and the intensifying geopolitical crisis could put the brakes on the rapid rebound.

With fuel prices “going through the roof,” companies are having to charge more for their products. “What choice do we have? I’ve never seen prices jump this high, this fast,” said the vice president of a Rochester, N.Y., trucking company that has seen its monthly diesel costs nearly double to about $400K.

Dec. 17, 2020 5:30 am ET China’s electric-vehicle makers have surged in value, boosted by bold national green-energy targets and individual investors hoping for a repeat of Tesla Inc.’s stunning performance. American depositary receipts in NIO Inc., the best known Chinese company focused solely on electric vehicles, have jumped roughly 11-fold this year, lifting its market value to nearly $70 billion as of Wednesday, according to FactSet. In Hong Kong, shares of Warren Buffett-b...