Tesla Loses Ground: Elon Musk's EV Market Share Falls Below 50% For First Time
Tesla Inc.'s (NASDAQ:TSLA) share of the electric vehicle (EV) market in the U.S. has dipped below half for the first time. What Happened: The Elon Musk-led company is seeing more automobile rivals
Unusual Options Activity: TEVA, MAT and Others Attract Market Bets, TEVA V/OI Ratio Reaches 347.7
EST Jul 9th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
Wholesale Used-auto Prices Fall Again, Led by Electric Vehicles
Express News | GM: Co & Joint Ventures Delivered Nearly 373,000 Vehicles in China in Q2 2024
General Motors (GM) Q2 China Sales Fall Amid Rising Competition
GM Q2 Sales in China: Growing NEV Lineup and Deliveries
SHANGHAI – General Motors and its joint ventures delivered nearly 373,000 vehicles in China in the second quarter of 2024.Sales of new energy vehicles (NEVs) increased 24.1% on an annual basis to
Here's Why General Motors (GM) Gained But Lagged the Market Today
Toyota Has Finally Hit The Accelerator On Its EV Journey
Last week, Toyota Motor (NYSE:TM) revelaed its second quarter deliveries, joining Tesla Inc (NASDAQ:TSLA), General Motors (NYSE:GM) and Ford Motor (NYSE:F).
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.
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.
Is Ford (F.US) overtaking General Motors (GM.US) in terms of capital discipline, while the market remains cautious?
According to the latest issue of Barron's, Ford Motor (F.US) received positive reviews. Although the company's performance this year has not yet met market expectations, the automotive giant based in Dearborn, Michigan seems to be ready to catch up with its main competitor in Detroit, General Motors (GM.US). So far this year, Ford's stock has only risen by about 7%, compared to General Motors' surge of over 29% and the S&P 500 index's increase of about 17%. Barron's pointed out: "In the two largest US automakers, Ford is the most undervalued and has the greatest potential for growth."
Ford Is Poised to Close the Gap With GM: Barron's
Ford (F) has gained only ~7% YTD, while GM (GM) has rallied over 29% compared to the ~17% rise in the S&P 500 (SPY).
General Motors Stock (NYSE:GM): Well-Positioned for an EV War of Attrition
This Growth Investor Scores With Tesla, Spotify, and Other Founder-Led Firms
David Baron, manager of Baron Focused Growth fund, looks to double investors' money every four or five years.
Electric Pickups And SUVs Continue To Power Up GM And Ford's EV Progress
This week, Ford Motor Company (NYSE:F) revealed it had its second-best quarter despite challenges as its U.S. EV sales improved both during the quarter and in June. General Motors (NYSE:GM) also poste
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.
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General Motors (GM) Faces $146M Fine for Excess Emission
Express News | Brazil Auto Sales Post 10.3 Pct Growth in June From May - Anfavea Automakers Association
Express News | Brazil Auto Production Posts 26.6% Growth in June From May - Anfavea Automakers Association