NKLA Nikola
- 4.1800
- -0.1400-3.24%
- 4.1900
- +0.0100+0.24%
Nikola News
Morgan Stanley downgrades American car stocks, with GM and Ford stock prices dropping more than 5% at one point.
Due to the intensification of price wars, market share squeeze, insufficient consumer purchasing power, and the rising default rate of credit, profit of usa auto companies is under pressure. As a result, Morgan Stanley is pessimistic about the future of America's car-mart industry and has downgraded the ratings of multiple American auto companies.
U.S. Trucking Activity Rises in August; Second Year-to-Year Gain in 18 Months -- OPIS
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Tesla A Tale Of 2 Regions, Rivian Unleashes More Powerful R1 Variants, Nio Aims Sales Surge With Low-End Model And More: Biggest EV Stories Of The Week
European auto stocks have dropped to a record low, but investors still choose to avoid them.
European auto stocks are currently very unpopular, to the point that investors are continuously reducing their shareholding.
How Interest Rate Cuts Will Impact Vehicle Sales, Auto Loans
DOE to Provide Loan to Nikola-, Big Oil-Backed Ammonia Producer for Indiana Low-Carbon Project -- WSJ
Wabash Ammonia Project Uses Proven Carbon-Capture Technology to Reduce Emissions, Company Officials Say -- WSJ
Wabash Counts Big Oil Companies, Hydrogen-Vehicle Startup Nikola Among Investors -- WSJ
DOE to Loan $1.56B to Wabash Valley Resources for Low-Carbon Ammonia Project in Indiana, Company and DOE Officials Say -- WSJ
Wabash Sees About $140M in Carbon-Sequestration Tax Credits Annually Once Operating, Company Officials Say -- WSJ
Tom's Truck Center Becomes First U.S. Commercial Truck Dealer With Onsite Hydrogen Refueling Station
10 Industrials Stocks With Whale Alerts In Today's Session
Shockwaves In The EV Market: Will Malaysia's Green Dream Be Derailed?
U.S. Auto Sales Shrink as High Interest Rates Discourage Buyers
Fire At Rivian Campus, Tesla Analyst Hints At Q3 'Horror Show,' XPeng's Model 3 Killer Sizzles And More: Biggest EV Stories Of The Week
Gene Munster Downgrades Estimates In Light Of 'EV Winter,' Sees Electric Vehicles Accounting For Just 25% Of New Car Sales In 2030
Polestar Gains as Investors Weigh Earnings Update and CEO Development
A Short-Seller Tanks Super Micro Stock, -3% Friday
European car sales remained flat in July, with overall growth dragged down by weak demand for electric cars in Germany.
In July, auto sales in Europe were basically flat compared to the same period last year, due to the further weakening of demand for electric cars in Germany, the largest automotive market in the region.
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