Shares of Nio Inc. soared in very active trading Wednesday, putting them on track to match their record win streak, after the China-based electric car maker reported second-quarter deliveries that were well above expectations. The company said ahead of the o…
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Beat the System: Richard Branson’s ‘space’ stock is the latest sign of market euphoria
BOSTON Few things say Growth Stock Boom on Wall Street as much as space ships, Sir Richard Branson and $100 million in forecast losses. Let alone all three together. The colorful British tycoon is bringing his space travel venture Virgin Galactic to the stoc…
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Forget Tesla – China’s BYD is driving the electric car revolution
BYD Auto sells more electric cars than any other firm in the world Chen Wen/China News Service/VCG/Getty By Donna Lu FORGET Tesla the world’s biggest electric car manufacturer is a Chinese company you have probably never heard of. With the age of the fossi…
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Tesla’s Ramping Up Production But Being Careful About Promises
Tesla may be learning how to not shoot itself in the foot, Aston Martin really needs the DBX crossover to work out, Volvos autonomous trucks are starting to generate revenue, and China car sales continue to slip. All that and more in the Morning Shift for Wed…
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Tesla Isn’t Planning to Refresh Its Model S and X
While most of the attention regarding Tesla(NASDAQ:TSLA) stock has recently been on the company’s Model 3, Tesla’s older and pricier models are still critical to the company’s success. Sure, the Model 3 now accounts for about 80% of the automaker’s quarterly …
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