Tesla Rival Rivian's Shares Fall 8% As Output Forecast Disappoints
EV maker Rivian said in its fourth-quarter earnings it expects to make 50,000 vehicles in 2023, about 25% below Wall Street estimates for 67,000.
Source: businessinsider.com
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Tesla Rival Lucid's Stock Slides After It Lowers Car Production Target
Demand for Lucid's luxury electric cars is has taken a hit as rival Tesla's grows thanks to its aggressive price cuts.
Source: businessinsider.com
Sigma Lithium Surges on Report Tesla Is Eyeing a Buyout of Metals Miner
Tesla is addressing rising demand for lithium and buying Sigma Lithium may be an option, Bloomberg reported. Discussions are in the early stages.
Source: businessinsider.com
Tesla Stock: Timeline of the EV Maker's Rollercoaster Road to Recovery
Recession fears, the $44 billion Twitter buyout and aggressive price cuts - here's a timeline of the events that drove Tesla's rollercoaster stock-market ride over the past 12 months or so.
Source: businessinsider.com
Tesla Stock Price Target Raised to $225 at Wedbush on Demand Prospects
Tesla price cuts in China are bolstering demand while the "Twitter overhang" is moving into the background for the stock, said Wedbush's Dan Ives.
Source: businessinsider.com