Tesla Q2 EPS Estimate Bumped Up, Rivian's Cold Shoulder To Union, Lucid's 70% Sales Jump And More: Biggest EV Stories Of The Week

Most electric vehicle stocks advanced along with the broader market in the week that ended on July 12, catching up with market leader Tesla, Inc.'s (NASDAQ:TSLA) gain in the previous week. The Elon

BenzingaJul 13 11:16 ET

Faraday Future to Host an Investor Community Day at Its HQ in Los Angeles on July 20, 2024

LOS ANGELES--(BUSINESS WIRE)--Jul. 12, 2024--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) ("FF" or the "Company"), a California-based global shared intelligent electric mobility ecosystem

Faraday Future Intelligent Electric Inc.Jul 12 00:00 ET

10 Consumer Discretionary Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan

BenzingaJul 8 13:35 ET

Poor sales of electric cars in Europe and America have put the fourth largest battery manufacturer in the world in a difficult position.

South Korean electric car battery manufacturer SK On is in crisis due to sluggish sales of electric cars in Europe and the United States, with 10 consecutive quarters of losses and soaring debts. Commentators say that Korean battery makers are "very disappointed" with American auto manufacturers, and General Motors predicts that it will sell 1 million electric cars by 2025, but only sold 21,930 in the second quarter of this year.

wallstreetcnJul 7 23:48 ET

Under heavy pressure from the global slowdown in the electric autos market, LG's new energy fund's profits plummeted 58%.

The continuous slowdown in sales of electric cars has had a significant impact on the performance of LG new energy fund, causing its second-quarter profit to fall short of analyst expectations.

Zhitong FinanceJul 7 23:32 ET

Counterpoint: Pure electric car sales will surpass 10 million vehicles in 2024, and the growth of hybrid cars will exceed pure electric cars.

China remains the dominant force in the pure electric auto market, with pure electric auto sales expected to be four times that of North America by 2024.

Zhitong FinanceJul 4 20:51 ET