Tesla CEO Elon Musk speaks at an event in Hawthorne, California April 30, 2015. Patrick T. Fallon | Reuters Tesla shares dropped much more than 7% on Wednesday to shut…
Tag: sinks
GM affirms 2022 profit outlook, but shares drop as net income sinks 40%
DETROIT — Common Motors Co on Tuesday reaffirmed its total-calendar year income outlook on an expected surge in demand and reported it was curbing paying and hiring in advance of…
EV manufacturing jumps in UK, overall production sinks to 65-year low
A Nissan Leaf on the forecourt of a dealership in Lincoln, U.K. Chris Ratcliffe | Bloomberg | Getty Illustrations or photos Car generation in the U.K. slumped by 6.7% to…
British EV firm Arrival (ARVL) stock sinks in SPAC debut
LONDON — British electrical auto producer Arrival began buying and selling on the Nasdaq Thursday subsequent a merger with a U.S. blank-test firm. The business finalized its blend with CIIG…