Rivian Set To Unveil Plans For Georgia Manufacturing Plant Next Week: Report
The newly-public Rivian Automotive, Inc.
EV Week In Review: Musk’s Bizarre ‘Quitting’ Tweet, Lucid In Eye Of SEC Storm, Ford F-150 Lightning Reservations, Exodus Continues At Apple Car Project And More
EV stocks had a mixed outing in the week ending Dec. 10, as buying set in motion by bargain hunting after the previous week's declines was tempered by some stock-specific negative news.
Here are the key events that happened in the EV space during the week:
GM To Invest $3B In Michigan-Based Electric Vehicle Manufacturing: Report
General Motors Company (NYSE: GM) is planning to invest more than $3 billion into a new electric vehicle manufacturing initiative.
Chart Wars: Will Ford Close The Gap Between Tesla’s Stock?
Ford Motor Co (NYSE: F) and Tesla, Inc (NASDAQ: TSLA) have both formed weekly chart patterns that could provide clues to their future direction for the long-minded trader and investor.
EV Sales Are On The Rise, But Tesla’s Global Market Share Is Shrinking: Analyst
Electric vehicle penetration is tracking ahead of its year-to-date pace, but EV pioneer Tesla, Inc. (NASDAQ: TSLA) saw its market share take a beating in October, according to a Credit Suisse analyst.
Alibaba, General Motors, JPMorgan Stocks All Resume This Bullish Pattern: How To Trade It
Alibaba Group Holdings, Ltd (NYSE: BABA), General Motors Company (NYSE: GM) and JP Morgan Chase & Co (NYSE: JPM) are all trading higher
President Joe Biden Finally Acknowledges Tesla When It Comes To Future Of EVs…Well, Sort Of
President Joe Biden on Wednesday indirectly acknowledged Tesla Inc (NASDAQ: TSLA) in a tweet after repeatedly snubbing the Elon Musk-led electric vehicle maker this year.