Nissan Motor to take $686 million hit as it exits Russia
[ad_1] Nissan Motor Co. NSANY, -0.16% said Tuesday that it would exit the Russian market and book a loss of about 100.0 billion yen ($686.2 million) from the sale of…
Rivian’s big recall is a ‘black eye’ for bulls, but the stock is still a buy, analyst says
[ad_1] Shares of Rivian Automotive Inc. took a dive Monday, in the wake of the electric-vehicle maker’s recall of nearly all of its vehicles, but Wedbush analyst Dan Ives said…
Rivian to recall roughly 13,000 vehicles over ‘steering or suspension problems’
[ad_1] Rivian Automotive Inc. intends to recall about 13,000 vehicles due to a possible safety issue that has so far been found to have impacted several units, the company said…
Americans are souring on the housing market and California is now giving residents up to $1,050 of ‘inflation relief’ — here’s who is eligible
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. September jobs report highlights major shift in white-collar work — as Labor Department plans changes to jobs questionnaire ‘The old question was…
Porsche shares edge higher in Germany’s largest IPO in decades
[ad_1] Shares in luxury vehicle maker Porsche edged higher in its first day of trade on Thursday, after pricing at the top end of the range. Porsche P911, preference shares,…
Tesla names Airbnb co-founder to board
[ad_1] Tesla Inc. named one of Airbnb Inc.’s co-founders to its board Wednesday, increasing the total number of directors back to eight. Joe Gebbia joins the board of Tesla TSLA,…
Tesla countersues California agency that filed racial discrimination suit against it
[ad_1] Tesla Inc. has countersued the California agency that filed a racial discrimination lawsuit against the company, alleging that the government organization violated state law in bringing about the suit. The electric-vehicle…
Ford stock drops more than 4% as supply costs to jump by $1 billion, parts shortages to leave more cars unfinished
[ad_1] Ford Motor Co. shares dropped more than 4% in the extended session Monday after the company said inflation and parts shortages will leave it with more unfinished vehicles than…
Nikola CEO tells jury he had concerns over founder Trevor Milton’s ‘exaggerations’ to investors
[ad_1] Nikola Corp. CEO Mark Russell told a New York federal jury Monday that he had concerns about joining the electric-truck company because he believed its founder, Trevor Milton, “was prone to exaggeration in public…
Elon Musk’s latest court filing alleges fraud by Twitter, focuses on whistleblower’s allegations
[ad_1] Tesla Inc. Chief Executive Elon Musk pointed in a Thursday court filing to a whistleblower’s “devastating analysis” as he alleged “fraud” on the part of Twitter Inc. executives, a…
Tesla has one less bear after Needham upgrades, citing several reasons to expect a stock rally
[ad_1] Shares of Tesla Inc. gained Thursday, after Needham backed away from its bearish view on the electric vehicle giant, saying there are now several potential catalysts that could boost…
Lawsuit accuses Tesla of overstating Autopilot, Full Self Driving capabilities
[ad_1] A new lawsuit, which seeks class-action status, accuses Tesla Inc. of “deceptively and misleadingly” overstating the abilities of its Autopilot and Full Self Driving features. The suit, filed in…
Nikola founder’s securities-fraud trial set to start this week
[ad_1] Trevor Milton, the Nikola Corp. founder who enticed auto-industry leaders and investors with his promise for a revolution in electric trucks, faces a securities-fraud trial beginning this week on allegations that he…
Honda, LG Energy announce $4.4 billion plan to build EV battery factory in U.S.
[ad_1] Honda Motor Co. and LG Energy Solution announced plans Monday for a $4.4 billion investment to build a lithium-ion battery plant for electric vehicles in the U.S. In a…