Tuesday Ticker: Electric vehicle stocks suffer in the first weeks of 2024
Toronto, Ontario — The first few weeks of 2024 have brought major losses for some electric vehicle stocks, like Tesla, Rivian and Fisker. Tesla stock has dropped more than 14 percent since the start of 2024. Analysts believe the plunge is largely driven by rental car company Hertz’s decision to pull 20,000 Tesla models from […]
Tuesday Ticker: General Motors adjusts to contract costs; Toyota offloads auto supplier shares
Toronto, Ontario — In this weekly Tuesday Ticker, General Motors changes some plans following some pricy labour contract costs, while Toyota and its affiliates offload a hefty number of shares in efforts to raise funds for electrification efforts. General Motors makes a U-turn General Motors is scaling back its EV and autonomous vehicle efforts following […]
Tuesday Ticker: Tesla shares up 102 percent year-to-date; Lucid seeks $3b through stock offering
Toronto, Ontario — This weekly Tuesday Ticker has its eyes on electric, with updates on Tesla’s current win streak and a lens on Lucid’s recent round of funding. Tesla up nearly ten percent Tesla stock is up nearly ten percent over the last five days, despite a voluntary safety recall on certain Model Y vehicles. […]
Tuesday Ticker: October 12, 2021
Toronto, Ontario — This week, Magna may have an opportunity to pick up Qualcomm’s leftovers from the Veoneer acquisition; an Ontario-based battery maker lands a unique deal to break ground in Quebec; while Tesla CEO Elon Musk announces a new home for the EV brand. More opportunities for Magna Magna International may have missed out […]
Charging up Wall Street: ChargePoint Holdings Inc. first EV network to enter NYSE
Campbell, California — ChargePoint Holdings Inc. just broke new ground as the first electric vehicle (EV) charging network to hit the trading room floor at the New York Stock Exchange (NYSE). Now trading under the ticker symbol of CHPT, ChargePoint recently completed an acquisition deal with Switchback Energy Acquisition Corporation that helped the company complete […]
