Cathie Wood has a simple response to Tesla getting booted out of an S&P 500...

Cathie Wooden has a easy response to Tesla getting booted out of an S&P 500…

Cathie Wooden isn’t happy about one in every of her hottest investments, Tesla Inc., being excluded from a distinguished index that tracks eco- and socially pleasant corporations. “Ridiculous,” was primarily Wooden’s terse response to information that the S&P 500 ESG Index has dropped Elon Musk’s electric-vehicle maker Tesla TSLA, -6.80%  from its lineup, as part […]

Why Tesla was kicked out of the S&P 500's ESG index

Why Tesla was kicked out of the S&P 500’s ESG index

An aerial view of the Tesla Fremont Manufacturing facility on Might 13, 2020 in Fremont, California. Justin Sullivan | Getty Photographs The S&P 500 booted electrical car maker Tesla from its ESG Index in an annual rebalancing. In the meantime, Apple, Microsoft, Amazon and even oil and fuel multinational Exxon Mobil had been included on […]

EV battery costs set to spike as raw material shortages drags on

EV battery prices set to spike as uncooked materials shortages drags on

Attendees have a look at the all-electric Ford F-150 Lightning pickup truck on the Washington Auto Present in Washington on Tuesday, January 25, 2022. Invoice Clark | CQ-Roll Name, Inc. | Getty Photographs The fee to provide electrical autos is primed to surge over the subsequent 4 years, in line with a brand new report, […]

Toyota ramps up efforts to look at potential of hydrogen vehicles

Toyota ramps up efforts to take a look at potential of hydrogen autos

Considered one of Toyota’s Sora busess photographed in Japan on Nov. 5, 2021. Toyota began engaged on the event of fuel-cell autos again in 1992. Korekore | Istock Editorial | Getty Photographs Toyota Motor Europe, CaetanoBus and Air Liquide have signed an settlement associated to the event of hydrogen-based transport choices, because the race to […]

Expect a rally if there's good news from retail giants & China

Anticipate a rally if there’s excellent news from retail giants & China

CNBC’s Jim Cramer on Tuesday mentioned that buyers ought to control retailer earnings and Covid information from China as indicators for a way Wednesday’s buying and selling session will go. If we get extra excellent news from China tonight “together with tremendous quarters from Goal and Lowe’s …  we’ll have one other one in every […]

5 things to know before the stock market opens Monday, May 16

5 issues to know earlier than the inventory market opens Monday, Could 16

Listed here are a very powerful information, traits and evaluation that buyers want to start out their buying and selling day: 1. Dow set to open decrease after seven straight weeks of promoting Merchants work on the ground of the New York Inventory Change (NYSE) in New York Metropolis, U.S., Could 13, 2022.  Brendan Mcdermid […]

After the 'hippie' bus and Beetle, VW makes eyes at America once...

After the ‘hippie’ bus and Beetle, VW makes eyes at America as soon as…

As Volkswagen seems to resurrect the Scout model in the USA, CEO Herbert Diess has make clear the choice, saying it represents a possibility for the German auto large to “turn out to be way more American.”  VW introduced plans to re-launch the Scout as a fully-electric pick-up and “rugged” SUV final Wednesday, with prototypes […]

Twitter, SeaWorld, Shopify and more

5 issues to know earlier than the inventory market opens Friday, Might 13

Listed below are a very powerful information, developments and evaluation that buyers want to begin their buying and selling day: 1. Dow futures pop after the 30-stock common’s six-session shedding streak The Twitter emblem and buying and selling info is displayed as a dealer works on the ground of the New York Inventory Trade (NYSE) […]

Electric vehicle stocks surge

Electrical car shares surge

Rivian R1T all-electric truck in Occasions Sq. on itemizing day, on Wednesday, Nov. 10, 2021 in New York. Ann-Sophie Fjello-Jensen | AP Overwhelmed-up shares of a number of electric-vehicle start-ups moved sharply larger Thursday morning in wild and largely unexplained buying and selling. Rivian Automotive after market shut on Wednesday reported a first-quarter loss that […]

Tesla CEO Elon Musk dismisses hydrogen as tool for energy storage

Tesla CEO Elon Musk dismisses hydrogen as instrument for vitality storage

Elon Musk has a historical past of expressing robust opinions about hydrogen and hydrogen gas cells. A couple of years in the past, when the topic got here up throughout a dialogue with reporters on the Automotive Information World Congress, the electrical car magnate described hydrogen gas cells as “extraordinarily foolish.” Jim Watson | AFP […]

How electric pickups stack up in price, range

How electrical pickups stack up in worth, vary

SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electrical pickup truck. Which will appear apparent given it appears like a truck and has electrical motors and a battery pack as a substitute of an engine, but it surely must be mentioned. Why? As a result of a profitable battery-powered pickup is a vital […]

Toyota warns raw materials costs could cut profits by 20%

Toyota warns uncooked supplies prices may lower earnings by 20%

Toyota 2023 Sequoia on show on the New York Auto Present, April 13, 2022. Scott Mlyn | CNBC Toyota Motor on Wednesday warned traders that “unprecedented” will increase in supplies and logistics prices may lower the corporate’s full-year revenue by as a lot as 20%. The Japanese automaker mentioned it expects supplies prices to greater […]

Shanghai production plunged in April after Covid lockdown

Shanghai manufacturing plunged in April after Covid lockdown

Though Shanghai started in mid-April to prioritize a number of hundred corporations for resuming work, international enterprise organizations have mentioned that does not imply the factories can function at full capability. Tian Yuhao | China Information Service | Getty Photographs BEIJING — Auto manufacturing plunged in April as Covid lockdowns halted almost all non-essential enterprise within […]

5 things to know before the stock market opens Tuesday, May 10

5 issues to know earlier than the inventory market opens Tuesday, Might 10

Listed here are an important information, developments and evaluation that traders want to start out their buying and selling day: 1. Wall Avenue set to rise after S&P 500 hits lowest stage in over a 12 months Merchants work on the ground of the New York Inventory Alternate (NYSE) in New York Metropolis, March 22, […]

Rivian (RIVN) Q1 2022 earnings preview

Rivian (RIVN) Q1 2022 earnings preview

Rivian CEO RJ Scaringe inside the corporate’s buyer expertise heart outdoors of its plant on Aptil 11, 2022 in Regular, Sick. Michael Wayland / CNBC Electrical-vehicle maker Rivian Automotive will report its first-quarter earnings after market shut on Wednesday. Wall Road analysts polled by Refinitiv anticipate a lack of $1.44 per share on income of […]

Trump lawsuit asking to lift Twitter ban is dismissed

Trump lawsuit asking to elevate Twitter ban is dismissed

Former President Donald Trump Tom Brenner | Reuters A choose on Friday dismissed a lawsuit by former President Donald Trump in search of to elevate his ban from Twitter. However San Francisco federal district court docket Decide James Donato left the door open for Trump and different plaintiffs to file an amended criticism in opposition […]

Elon Musk denies claim Trump encouraged him to buy Twitter

Elon Musk denies declare Trump inspired him to purchase Twitter

Elon Musk, CEO of Tesla, speaks to media representatives on the Tesla Gigafactory development website In Grünheide close to Berlin, September 3, 2020. Julian Stähle | image alliance by way of Getty Pictures Elon Musk on Friday flatly denied a declare by the pinnacle of ex-President Donald Trump’s new social media firm that Trump had […]

Lucid (LCID) earnings Q1 2022

Lucid (LCID) earnings Q1 2022

CEO Peter Rawlinson poses on the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021. Caitlin O’Hara | Reuters Electrical luxurious automobile maker Lucid Group mentioned Thursday it now has greater than 30,000 reservations for its Air sedan — however any prospects making reservations after June 1 must pay increased costs. Lucid mentioned […]