Nio has delivered 36,721 electric vehicles since the calendar flipped in January 2020. Hereby representing a rise of approximately 111.1% year-over-year.
Two prominent space exploration companies including SpaceX and Virgin Galactic are both at the forefront of developing space crafts for commercial purposes.
Nikola shares have been on a rollercoaster in the past few months. Today they have lost nearly 24% of their value.
Tesla applied for the Shanghai-made Model Y SUV sales permission earlier this month and got the permission to start sales.
The US National Highway Traffic Safety Administration (NHTSA) opened an investigation of 115,000 Tesla vehicles over front suspension safety issues.
Ever since Tesla announced its entry to the S&P 500, there’s a flood of investors picking up TSLA stock. Tesla remains the most-traded stock on Wall Street with daily trading volumes clocking $26 billion over the last five trading sessions.
Speaking at a virtual conference on batteries hosted by the German government, Tesla CEO Elon Musk suggested that the company could launch a hatchback model for Europe.
Nikola investors are looking forward to the partnership deal with General Motors as it may cause a positive reflection on the company’s shares.
As Tesla records continuously increase, the net worth of the company’s CEO has been rising as well.
On Friday, Tesla stock closed at $489.61, or 9.66% down. Today, at the time of writing, TSLA stock is 7% up, trading at $524.11.
Nio reported an adjusted net loss of $146.7 million, in the past three months, with total revenues surging 146.4.% year-over-year to $666.6 million.
This collaboration will effectively accelerate the needed improvements for cars to successfully communicate with data centers. Carmakers will find it easy now to observe and uncover a potential failure in any of the components.
Despite intentions to compete with Tesla, the BMW iX driving range is lesser than the estimated driving range of the Tesla Model X Long Range.
With Tier continuously offering new products and options, this funding is geared to help support the firm as it hopes to emerge profitable despite the potential risks of the COVID-19 pandemic.
The proposed refund and the potential costs for Tesla seem to be weighing down on the performance of TSLA stock.