Big Money Is Still Making Huge Bets on Electric Vehicles
FN Media Group Presents Oilprice.com Market Commentary
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LONDON, June 2, 2021 /PRNewswire/ Hundreds of billions of private dollars are being poured into the EV industry … and that s on top of Biden s $174 billion for subsidies and charging stations. There is no stopping the surge. Mentioned in today s commentary includes:
Tesla (NASDAQ:TSLA),
General Motors (NYSE:GM),
Ford (NYSE:F),
Blink Charging (NASDAQ:BLNK).
General Motors is investing $27 billion in EVs over the next five years. It used the Superbowl for its breakout. Now, it s mainstreaming them as the all-American car choice.
America s Gas Crisis Could Spark The Next EV Boom
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FN Media Group Presents Oilprice.com Market Commentary
LONDON, May 25, 2021 /PRNewswire/ It s one of the most devastating shortages in the energy markets since the 1970s. And soon, it could spark the beginning of the next phase of the EV boom. Creating opportunity for up-and-comers like Facedrive (
Tesla, Inc. (NASDAQ: TSLA),
Ford Motor Company (NYSE: F),
XPeng Inc. (NYSE: XPEV),
Blink Charging Co. (NASDAQ: BLNK).
Earlier this month, 5,500 miles of the Colonial Pipeline were shut down by a hacker group called DarkSide. The attack left millions along the entire east coast of the United States unable to fill their tanks.The operators of the pipeline were forced to pay an incredible $5 million in ransom to regain control of the pipeline again.
U.S. listed Chinese EV players Nio, Xpeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) have underperformed this year, with their stocks down by roughly 30% each, since early January. So how do these stocks compare post the correction? While Nio and Xpeng remain pricier compared to Li Auto.
Expand We re Off To The Races : Ford Secures 44,000 Reservations For Electric F-150 Just Hours After Reveal
by Tyler Durden
Friday, May 21, 2021 - 01:59 PM
While Tesla s Cybertruck remains in limbo somewhere, Ford has already secured over 44,000 reservations for its new electric F-150 Lightning pickup truck, its CEO said on Friday.
Made famous earlier this week when President Sleepy Joe
woke up long enough to tear-ass down a track in one at a press conference, Ford had previously said it took 20,000 reservations in the 12 hours succeeding the reveal alone. This sucker is quick, Biden said at the press conference.
The truck was revealed at 9:30PM EST on Wednesday at the company s world headquarters in Dearborn, Michigan.