Autos
Tesla EVs to be phased out at car-rental company Sixt, which cites low resale value: report
Car-rental company Sixt XE:SIX2 is phasing out Tesla Inc.’s EVs from its fleet due to lower resale value, Bloomberg reported Monday, citing an email to customers from the German company that it had viewed. Tesla’s price cu...
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EV charger Wallbox rallies on investment from Generac
Wallbox’s stock WBX was rallying by 22% Monday after generator specialist and S&P 500 SPX component Generac Holdings Inc. GNRC said it made a minority investment in the electric-vehicle charging company. Financial terms we...
General Motors stock up 1.2% premarket after Mizuho upgrades to buy now that UAW strike is over
General Motors Co.’s stock GM rose 1.2% in premarket trade Monday, after Mizuho upgraded the stock to buy from neutral and said the car maker has several catalysts for a move higher now the UAW strike is over. These inclu...
Nio’s stock falls after November delivery growth underperforms rivals
Shares of Nio Inc. NIO fell 0.8% in premarket trading Friday, after the China-based electric vehicle maker reported November delivery growth that was well below that of its rivals. Nio said it delivered 15,959 vehicles in ...
Tesla’s stock heads for 3rd straight loss in wake of Cybertruck launch
Shares of Tesla Inc. TSLA slumped 1.7% in premarket trading Friday, putting them in danger of a third-straight loss, as the much-anticipated launch of electric vehicle giant’s Cybertruck hasn’t provided a fresh buying spar...