Lucid Group ( LCID +0.93%) reported second-quarter results this week, and the stock plunged more than 10% on the news. The stock pared some of that drop but was still down 6% for the week as of Friday ...
Rivian's investor focus is largely on the R2 launch and ramp-up, but don't overlook its staggering margins in software and ...
The Cosmos EV is now slated for release in the second half of 2027. CEO Silivo Napoli said he's focused on getting the EV ...
The EV maker’s turnaround plan includes $1.4 billion in cost cuts, a new midsize platform and a commercial autonomous fleet.
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Lucid Group Q2 earnings call highlightsUber's Waymo Detour Tests the Stock's Robotaxi Bull Case Lucid Group (NASDAQ:LCID) outlined a broad operational reset during ...
The company didn't provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.
Lucid's production and deliveries are expected to fall short of current market estimates, Napoli said on the post-earnings ...
Uber has partnered with — and in some cases made direct investments in — about 30 autonomous vehicle companies over the past ...
Mitsubishi Motors is set to invest Bt16bn ($473.23m) in Thailand by 2030, backing the automotive sector’s move towards electric vehicles (EVs). Thai government spokesperson Lalida Perisvivatana told ...
July 23 (Reuters) - Sequoia-backed Etched said on Thursday it raised $300 million in a Series C funding round that valued the AI chip company at $10.3 billion. Etched is among a growing number of ...
When the federal government decided last month to ban electric-vehicle maker Polestar from selling future models in the U.S., the majority-Chinese-owned company wasn’t completely out of options.
That is an extraordinarily concentrated way to run a fund of this size. It also makes Ackman's portfolio unusually easy to study. When a manager owns this few names, every big position is a statement ...
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