Volvo Cars Reports 54% Drop in Q2 Operating Earnings, Expects Healthy Demand Despite Pricing Pressures
Sweden-based automaker Volvo Cars reported a significant decline in Q2 operating earnings due to a one-off gain in the previous year.
Sweden-based automaker Volvo Cars reported a significant decline in Q2 operating earnings due to a one-off gain in the previous year.
Tesla announces a one-time opportunity for existing customers to transfer their Full Self-Driving (FSD) software package to new vehicles, allowing them to upgrade without repurchasing the expensive FSD option. The offer will be available in the third quarter.
Tesla, Inc. (TSLA) announced a strong quarter with record revenue and earnings beat, primarily attributed to FX movements on intercompany balances.
Tesla, Inc. has experienced a remarkable resurgence in 2023 after facing challenges from economic headwinds and increased competition in the EV market.
Get insights into Tesla’s upcoming second-quarter financial results, including revenue and earnings estimates.
Jim Cramer, host of CNBC’s Mad Money, has reversed his stance on Ford’s F-150 Lightning electric pickup truck following a 17% price reduction.
Stay updated on the latest happenings in the US and global markets. Discover insights into market trends, political controversies, economic indicators, technological advancements, electric vehicle news, cryptocurrency updates, pharmaceutical alerts, and industrial concerns.
A Rivian electric vehicle owner shares their astonishment at receiving a repair bill of $42,000 for a minor collision, highlighting the challenges of repairing EVs and the limited repair options available.
U.S. stock index futures rose slightly on Monday due to expectations of China reopening its borders and a potential slower rate of rate hikes by the Federal Reserve.
Explore the recent performance of Enovix stock and the company’s new President and CEO appointment.