Tag Archives: car

Tesla could be leaving a lot of money on the table over the next decade if it can’t get a $25,000 electric vehicle to market. “Expanding into lower price volume segments will be critical to support the company’s growth outlook as we move into the middle part of the decade,” said Guggenheim analyst Ali Faghri in a research note Thursday.  On Wednesday, Tesla CEO Elon Musk shot down the potential for a $25,000 car this year as it focuses resources on the rollout of full-self driving… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, January 5, 2022 Apple will need to enter uncharted territory to reach $4 trillion Apple (AAPL) on Monday made history by becoming the first publicly traded company with a market cap of $3 trillion. It’s now seesawing back and forth between the mark for the thrill of it. It’s a… Source link

Washington Football Team safety Deshazor Everett was involved in a car crash in Virginia on Thursday night that killed a female passenger, the Loudoun County Sheriff’s Office said on Friday morning. Everett was driving in Loudoun County, which sits just outside of Washington D.C., around 9:15 p.m. on Thursday when police said the vehicle “left the right side of the roadway, struck several trees and rolled over.” The passenger, a 29-year-old woman, was taken to a local hospital where she… Source link

An electric car is charged at a roadside EV charge point, London, October 19, 2021. REUTERS/Toby Melville Just when it looked like it was smooth sailing for stocks, fears of inflation and the new Omicron variant took hold. A handful of stocks continued to drive the major North American stock benchmarks; banks and energy in Canada and big tech in the United States. But Yahoo Finance Canada readers were less interested in the stalwarts and more interested in emerging technology. Here are the top… Source link

Apple’s (AAPL) project to build an electric car with full autonomous capabilities has a “75%, 80% plus chance” of becoming a reality, Wedbush Securities managing director and senior equity analyst Dan Ives told Yahoo Finance Live in an interview Friday. Apple has reportedly long been working on building an electric car model, but has yet to release any public information on the project. Apple’s EV project first came to public light in early 2015 when it became known that Apple was… Source link

It wasn’t too long ago that Dave Hoffmann told me about his life in the restaurant industry.  “I am sort of a product of minimum wage. I grew up in the restaurants. That has been my whole life. It was burgers and fries at 16 and it’s donuts at 50,” Hoffmann recalled in a 2018 interview on the day he was announced as the next CEO of then publicly traded Dunkin’ Brands.  Hoffmann — who before Dunkin’ spent years as a top executive at McDonald’s — went on to sell Dunkin’ Brands to Arby’s… Source link

Amid electric car frenzy, Warren Buffett scores 3,000% gains with this overlooked EV maker Warren Buffett isn’t known for chasing hype, but that doesn’t mean he’s missing out on the current EV boom. Rivian Automotive, which debuted on Nasdaq a week ago at $78 per share, now trades at nearly $150. Lucid Group, which went public through a SPAC deal this summer, surged 77% over the past month. Then there’s Tesla, which despite its recent pullback, is up a whopping 148% over the past… Source link

Lucid’s first EV earns coveted award, recognizing Lucid Air’s unrivaled combination of efficiency, performance, and luxury with EV powertrain technology developed and manufactured entirely in-house – Lucid Air awarded MotorTrend’s Car of the Year against a formidable field of 24 competitors from major manufacturers – The win marks the first time that the initial product from a new automotive company has been awarded MotorTrend’s flagship Car of the Year award – Designed in Silicon Valley and… Source link

State orders new car insurance ‘stimulus checks’ — are you due another refund? While Washington stopped entertaining the idea of a fourth stimulus check, advocates and at least one state are still pushing car insurance companies to hand you some COVID-19 cash. Some insurers paid discounts and rebates to policyholders when they reaped soaring profits as Americans stayed home more during the Great Driving Slowdown in 2020. Yet government officials, advocacy groups and a class-action… Source link

Oct 8 (Reuters) – Russian car-sharing company Delimobil Holding S.A. on Friday filed for an IPO to list its shares on the New York Stock Exchange, the latest in a slew of Russian firms targeting market debuts. BofA Securities, Citigroup Global Markets and VTB Capital will act as joint lead book-running managers. Renaissance Securities, Sberbank CIB and Banco Santander will act as joint bookrunners, Delimobil said. (Reporting by Gleb Stolyarov and Alexander Marrow in Moscow… Source link