Tesla stock garners another 3% day after historic rally. TSLA stock rose the most in one day on Thursday since May 2014. Tesla shares rose 21.9% on Thursday but fell short of stubborn $265 level. Q3 margins improve notably as Tesla becomes more efficient at production. Tesla (TSLA) stock has overcome the much-watched $265 level […]
QuantumScape stock rises another 17% on Friday, following Thursday’s 30% run. Wall Street cheers on battery maker, loves capital-light strategy. NASDAQ, S&P 500 advance further after June CPI falls. Volkswagen could end up producing QuantumScape batteries for as many as 1 million vehicles annually. QuantumScape (QS) stock is refusing to fade on Friday after its 30% Thursday […]
Share: Mullen Automotive initiated a 1-for-9 reverse split that begins trading at new post-split price on August 11. MULN share price closed at $0.1130 on Thursday but opens Friday at post-split price. Mullen stock needs to remain above $1 for at least 10 consecutive trading sessions to remain in compliance with NASDAQ exchange […]
Share: Mullen completes production of 350 Class-1 EV vans. On Thursday, Mullen also announced a new delivery van pilot program with the New York Power Authority. MULN stock gained 10.7% on Thursday. After lacking ignition at the beginning of the week, Mullen Automotive (MULN) stock has made a silent comeback in the second half. The […]
Share: Nio gained 11.2% to close at $9.34 per share on Tuesday. NIO stock traded lower in six consecutive sessions before Tuesday’s pop. Hong Kong and Chinese stock markets both largely flat on Wednesday. Politician announces that Chinese economy will reach 5% growth rate in 2023. Nio (NIO), the Chinese electric vehicle (EV) […]