Includes major US listed companies involved in the manufacture and sale of electric vehicles. With growing environmental concerns such as the impacts of climate change, many governments and consumers are prioritizing the use of clean energy and reducing carbon emissions. EVs rely on advanced technologies such as battery storage, charging infrastructure, and autonomous driving. Investing in EV stocks offers exposure to companies in these key technological and sustainable advancements, and helps investors benefit from potential growth opportunities. Many governments are offering incentives for the purchase of EVs, including tax credits and subsidies, to encourage the adoption of cleaner vehicles. This support can create a favorable environment for EV manufacturers and suppliers, potentially leading to higher profits and improved stock market performance.
US Morning News Call | U.S. Considers Cutting China Tariffs to 50-65%
Tesla Loses Ground In Europe As Competitors Gain, Market Share Falls To 2% Amid 28% Sales Decline: ACEA DATA
Express News | NASDAQ 100 Index and S&P 500 futures turn positive in pre-market trading, while NVIDIA rebounds and Tesla narrows losses after earlier dropping over 2%.
Look Truckers, No Hands! Aurora Set to Make Headlines in Texas
Tesla Protests Are Now An Official Risk Factor For Elon Musk's EV Giant: Company Tells SEC 'Exaggerated' Criticism Could Hinder Fundraising Efforts
Price increases, layoffs, and changes in production, the "25% tariff" is reshaping the USA auto industry.
USA auto manufacturers are adopting various strategies to cope with tariff uncertainties: Ford plans to raise new car prices next month, Tesla has reportedly suspended parts imports for the CyberCab and Semi projects, and has halted the overseas sales of Model X and S vehicles produced in the USA, while the Volvo AB Unsponsored ADR Class B truck plant is expected to lay off workers...