Includes major US listed companies involved in the manufacture and sale of electric vehicles. With growing environmental concerns such as the impacts of climate change, many governments and consumers are prioritizing the use of clean energy and reducing carbon emissions. EVs rely on advanced technologies such as battery storage, charging infrastructure, and autonomous driving. Investing in EV stocks offers exposure to companies in these key technological and sustainable advancements, and helps investors benefit from potential growth opportunities. Many governments are offering incentives for the purchase of EVs, including tax credits and subsidies, to encourage the adoption of cleaner vehicles. This support can create a favorable environment for EV manufacturers and suppliers, potentially leading to higher profits and improved stock market performance.
The duties — currently only in the form of bank guarantees — are already in place and the Commission will ask EU countries to vote on cementing them into place for five years in October. It will then also decide whether these duties apply retroactively from March 7 or from July 5 — the date the duties went into effect — the Commission confirmed to POLITICO. There is even a scenario where the charges are only collected from late October,...
NIO Inc. (NIO) Stock Drops Despite Market Gains: Important Facts to Note
BRUSSELS, July 4 (Reuters) - The European Union will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said, ratcheting up tensions with Beijing in Brussels' largest trade case yet.
Crucial to that mission is Dojo, Tesla’s custom-built supercomputer designed to train its Full Self-Driving (FSD) neural networks. FSD isn’t actually fully self-driving; it can perform some automated driving tasks, but still requires an attentive human behind the wheel. But Tesla thinks with more data, more c...
Fortunately, the market rebounded strongly later in the week as Thursday's initial jobless claims declined by a largest level since Sep, which helped to calm some nerves.
Meanwhile, we have more economic data coming up this ...
What happened: last Monday, we saw a global market sell off. But by the end of the week, the US stock market has staged an incredible comeback by recovering almost all of the week’s losses!
Here's the question many have in mind - is this is a dead cat bounce?
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