Rivian Automotive Plans To Slash 6% Of Workforce: Report
Rivian Automotive Inc (NASDAQ: RIVN) is reportedly planning to slash 6% of its workforce to cut costs.
Elon Musk Gives Important Tesla Cybertruck Production Update: ‘It Is Incredible’
Tesla Inc.’s (NASDAQ: TSLA) yet-to-be-launched Cybertruck has evinced a lot of interest among customers and is touted
Ford Rallies Off GM’s Q4 Success: ‘Consumers Are Still Buying Cars’
The “sympathy” trade is working well in the automotive sector in Tuesday’s session.
10 Consumer Discretionary Stocks Whale Activity In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Tesla Is Best At Stealing Customers And Keeping Them: New Report Calls Company’s Brand Loyalty ‘Extraordinary’
Electric vehicle giant Tesla Inc (NASDAQ: TSLA) has dominated the electric vehicle segment of the automotive industry.
Investor Optimism Declines Ahead Of Fed’s Rate Decision
The CNN Money Fear and Greed index showed some decline in overall sentiment among US investors.
US stocks settled lower on Monday, as investors awaited big corporate earnings results and interest-rate decision from the Federal Reserve this week.
Follow The Leader? Ford’s EV Price Cuts Could Be In Response To Tesla
Electric vehicle leader Tesla Inc (NASDAQ: TSLA) dominated the sub-sector of the automotive industry for years. Legacy automakers are increasing their focus on electric vehicles, which could put pressure on Tesla’s dominant market share.
Lucid Analyst Remains Bullish Even After Stock Rallies On Saudi Arabia Takeover Speculation
Lucid Group Inc (NASDAQ: LCID) shares continued their pullback on Monday morning after rallying nearly 100% in intraday trading on Friday following reports that Saudi Arabia’s Public Investment Fund (SAPIF) was in talks to take Lucid private.