Page 10 - Ev Makers News Today

Overnight. but you can see still considerably lower than a year ago. tesla stock was down nearly 10% even after delivering an earnings report that beat estimates. joining me now is dan ives from webbush. >> and i think it was just an overreaction to musk not committing to saying price cuts were done. ultimately they are playing poker and it has been a home run success in terms of this cutting prices and what demand looks like. >> weve seen other ev makers cutting prices too. what is going on t...

The government sent recovery notices totalling Rs 469 crore earlier this fiscal year to seven companies — Hero Electric, Okinawa Autotech, Ampere EV, Revolt Motors, Benling India, Lohia Auto and Amo Mobility — for allegedly violating local sourcing norms.

Electric two-wheeler makers may face uncertainty with a big subsidy cut, but they should get used to a level playing field. That might be just the nudge they need to turn competitive

According to ICRA, total investments made by the CV industry were estimated at nearly Rs 3,200 to Rs 3,500 crore during last fiscal, and a similar amount is expected for FY24 as well

Korean car company kia has issued a plea to trade unions to drop a formal policy that favours hiring the children of longtime employees. the appeal follows pressure from the south korean government on large companies to stop handing jobs to relatives of existing employees. almost 60 companies have already been prevented from continuing the practice but kias agreement with unions requires the company to hire the children of retired employees or those who work for more than 25 years. . and the sha...

Says there are far fewer seats available on a plane. the capacity is tighter, the price forflying is more expensive, andindeed forflying is more expensive, and indeed there are fewer flights on offer. all that is improving the property margins for airlines, improving the property margins forairlines, both improving the property margins for airlines, both united but also its rivals like delta and american airlines. that is going to help its profit margins going forward but as i say, united as wel...

Nikola's share price has cratered since September 2020, when Hindenburg Research released a report saying it had lied about its products.

"We see Ferrari as the most defensive name in our coverage that avoids much of the EV hype and EV risk," Morgan Stanley's Adam Jonas said.

"I think $260 is where we're headed," John Blank at Zacks told CNBC about its Tesla price target. The stock fell below $200 after its investors' day.

"Wall Street is starting to treat the EV pioneer as just another auto company," said Bespoke as it examines Tesla's stock moves with other car makers.