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January 20, 2021

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Foxconn, Apple interest in EVs point to dramatically different future for automakers

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CNBC – For more and to sign up click here The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images For a new venture with little revenue, Foxconn‘s nascent automotive business is off to a big start this......

From Jeep to Maserati, Stellantis to rollout 10 new EV models in 2021

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CNBC – For more and to sign up click here 2021 Jeep Wrangler Rubicon 4xe Fiat Chrysler Stellantis – the product of a $52 billion merger between automakers Fiat Chrysler and Groupe PSA – plans to offer an array of all-electric or hybrid vehicles through 2025, including 10 new models......

Bitcoin and U.S. tech stocks are the biggest market bubbles right now, investors say

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CNBC – For more and to sign up click here In this photo illustration, a visual representation of digital cryptocurrency Bitcoin (BTC) is arranged on a circuit board of a hard drive. Yuriko Nakao | Getty Images Bitcoin and U.S. tech stocks are viewed by investors as the biggest market......

Tesla delivers its first Shanghai-made Model Y crossovers in China

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CNBC – For more and to sign up click here Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters Tesla has reportedly started delivering locally-produced Model Y crossovers in China, marking another milestone for the......

In challenge to Tesla, Chinese electric carmaker Xpeng releases autonomous features for highway driving

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CNBC – For more and to sign up click here Xpeng CEO He Xiaopeng stands next to the company’s P7 electric sedan as he addresses media at the 2020 Beijing auto show. Evelyn Cheng | CNBC GUANGZHOU, China — Chinese electric carmaker Xpeng Motors has announced a new autonomous driving......

Tesla losing ground in Europe should trouble investors, strategist says

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CNBC – For more and to sign up click here View of the road sign “Tesla Straße 1” in front of the construction site of the Tesla factory. Tesla boss Musk visits the construction site of his electric car factory. Jorg Carstensen | picture alliance | Getty Images Tesla has......

5 high-end electric SUVs available in China right now

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CNBC – For more and to sign up click here A Tesla charging station in a hotel parking lot. Zhang Peng | LightRocket | Getty Images BEIJING — When it comes to China’s electric car market, the high-end SUV segment is one start-ups and foreign brands alike are competing heavily......

China’s electric automakers have potential, but consultant warns ‘there’s bound to be a correction’

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CNBC – For more and to sign up click here SINGAPORE — Chinese electric vehicle companies such as Nio, Xpeng and Li Auto are strong companies, but their stocks are likely to see a correction, the chief executive of an auto consulting firm told CNBC this week. That’s because their......

U.S. vehicle safety agency asks Tesla to recall 158,716 older vehicles over touchscreen glitches

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CNBC – For more and to sign up click here Customers look at a Tesla Motors Inc. Model X electric vehicle on display at the company’s showroom in Shanghai, China, on Tuesday, Sept. 12, 2017. Qilai Shen | Bloomberg | Getty Images The National Highway Traffic Safety Administration (NHTSA) asked......

Cathie Wood’s ARK Invest plans ‘ARKX’ space exploration ETF to tap the growing industry

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CNBC – For more and to sign up click here Virgin Galactic’s spacecraft Unity reaches space for the first time. Source: Virgin Galactic Ark Invest, which operates the largest actively managed exchange-traded fund, plans to add a “Space Exploration ETF” under the ticker ARKX, according to a securities filing on......

5 reasons General Motors’ shares are trading at all-time highs

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CNBC – For more and to sign up click here Shares of General Motors opened Wednesday above $50 for the first time ever after CEO Mary Barra and other executives laid out an array of future business plans — from electric vehicles to flying cars — at the CES technology......

Warren Buffett-backed BYD’s new luxury sedan jumps into the top 10 electric cars sold in China last year

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CNBC – For more and to sign up click here Customers view a BYD Han electric vehicle at a shopping mall on July 12, 2020 in Hangzhou, China. Long Wei | Visual China Group | Getty Images BEIJING — As China’s electric car market heats up, Tesla and BYD are......

Stock futures flat after Monday’s session breaks winning streak

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CNBC – For more and to sign up click here U.S. equity futures were flat in overnight trading on Monday after breaking a win streak as investors grew worried about stocks’ stretched valuations. Dow futures rose 20 points. S&P 500 futures popped 0.07% and Nasdaq 100 futures rose 0.18%. On......

Elon Musk said ‘use Signal’ and confused investors sent the wrong stock up 438% on Monday

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CNBC – For more and to sign up click here BERLIN, GERMANY – SEPTEMBER 02: Tesla head Elon Musk arrives at a retreat of the German Christian Democrats CDU/CSU Bundestag faction on September 02, 2020 in Berlin, Germany. Musk is currently in Germany where he met with vaccine maker CureVac,......

Stocks making the biggest moves midday: Nio, Tesla, Roku, Lululemon & more

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CNBC – For more and to sign up click here A Nio ES6 electric vehicle is on display at an automotive experience area of Wanda Plaza on Nov. 28, 2020 in Beijing, China. VCG | Visual China Group | Getty Images Check out the companies making headlines midday on Monday:......

GM’s Cruise founder expects consolidation for makers of lidar self-driving vehicle sensors

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CNBC – For more and to sign up click here Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California.  Source: Noah Berger | General Motors The co-founder and......

Here’s what Nio’s first sedan to rival Tesla in China looks like

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CNBC – For more and to sign up click here William Li, founder and chairman of Nio, shares features of the et7 sedan at a launch event in Chengdu, China, on Jan. 9, 2021. Evelyn Cheng | CNBC BEIJING — Chinese electric car start-up Nio released its first sedan on......

Stocks enter the manic, exuberant bull market stage, but that doesn’t mean it’s near ending

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Wall Street needed no warm-up to get rolling into 2021.  Investors are limber, money is loose and the market is already running hot, powered by two independent energy......

Elon Musk told his followers to ‘use Signal,’ leading to 1,100% surge in unrelated stock with similar name

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CNBC – For more and to sign up click here Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory. In Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images When Tesla CEO Elon Musk urged his Twitter followers on Thursday......

‘We’re in nosebleed territory’ – three market analysts on where stocks head in 2021

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CNBC – For more and to sign up click here Stocks are on track to end the first trading week of 2021 higher, despite an unexpected drop in jobs last month, turmoil in Washington and the ongoing Covid pandemic. Here are three experts with their market outlooks for 2021. Dick......

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