Tesla Rises Ahead Of Crucial Q2 Deliveries, Rivian Affirms Goal After Volkswagen Deal, Nikola Ropes In Key Customer And More: Biggest EV Stories Of The Week

The electric-vehicle space saw a major deal this week, which, along with the broader market strength, imparted some buoyancy. However, stocks closed the week on a mixed note.Here are the key events t

BenzingaJun 29 09:48 ET

U.S. stocks closed with a thrilling increase in all three indexes, with most technology stocks rising. Amazon rose more than 2%, once again reaching a historic new high.

S&P 500 rose 0.09%, Dow Jones rose 0.09%, and Nasdaq rose 0.3%; chip stocks continued to decline, with Nvidia falling nearly 2%; Chinese concept stocks weakened, with Xiaopeng falling nearly 7% and JD.com falling more than 4%.

wallstreetcnJun 27 19:16 ET

The EV Era Continues To Be All About Joining Forces

On Tuesday, Volkswagen AG (OTC:VWAGY) revealed it will be providing Rivian Automotive Inc (NASDAQ:RIVN) with a cash injection of $5 billion. Together, Rivian and Volkswagen are embarking on a joint ve

BenzingaJun 27 13:16 ET

Tesla's Full Self-Driving in China Faces E-Scooter Challenge, Complex Roads, Warns Xpeng's Autonomous Driving Chief

Tesla, Inc. (NASDAQ:TSLA) is reportedly expected to encounter a significant challenge upon introducing Full Self-Driving (FSD) technology in China, where there are over 300 million e-scooters.This cau

BenzingaJun 27 10:43 ET

Wall Street Analysts See a 62.99% Upside in XPeng (XPEV): Can the Stock Really Move This High?

Yahoo FinanceJun 27 09:55 ET

U.S. stocks close | S&P 500 rises for two consecutive days, Amazon up nearly 4%, with a market cap exceeding $2 trillion; shareholder meetings could not reverse the decline, and Nvidia barely closed up.

The Dow Jones Industrial Average closed slightly higher, still hovering near its weekly low, while the seven sisters of American technology stocks rose together, with Tesla up nearly 5%; Micron's financial report is bullish but the guidance is not enough to surprise, and it fell more than 9% after hours; China concept stocks index is hovering near a ten-week low, with NIO Inc. up more than 6%.

wallstreetcnJun 26 19:13 ET