GM, Ford shares tumble after UBS downgrades citing weakening demand

The Basic Motors world headquarters workplace is observed at Detroit’s Renaissance Centre. Paul Hennessy | LightRocket | Getty Illustrations or photos DETROIT – UBS on Monday downgraded shares of Common…

Electric vehicle stocks tumble after Manchin rejects Biden’s climate and social plan

The Rivian R1T on stage as a 2022 Truck of the Year Finalist at the LA Auto Show in Los Angeles, California on November 17, 2021. Frederic J. Brown |…

Tesla’s China sales tumble 27% in April from March

A gigafactory of electric carmaker Tesla is witnessed in Shanghai, China October 18, 2019. Aly Track | Reuters BEIJING — One particular gauge of Tesla’s achievement in China pointed to…