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Order Reprints Electric vehicle makers, as a group, are worth more than traditional auto makers. By about $100 billion. It’s an incredible feat for an industry that, measured by cars shipped, is actually still quite small. But the fact that batteries surpassed internal combustion engines makes perfect sense to an investor steeped in disruptive technology. Vinod. Close Electric vehicle makers, as a group, are worth more than traditional auto makers. From ....
Order Reprints Print Article Tesla stock fell on Monday, but probably not in response to the latest news about the electric-car market and how Wall Street views the company. The stock (ticker: TSLA) was down about 5% in early trading and closed down almost 8%. The S&P 500 and Dow Jones Industrial Average both finished the day down less than 1%. New competition from the. Close Tesla Stock Dips, but Not for the Reason You’d Expect Tesla stock fell on Monday, but probably not in response to the latest news about the electric-car market and how Wall Street views the company. From ....
Jan. 10, 2021 7:00 am ET A chip shortage that has disrupted vehicle production in other parts of the globe is reaching U.S. shores, stifling output for major car companies and dimming prospects for a smooth recovery from the pandemic. Ford Motor Co. is planning to idle a Louisville, Ky., factory for a week starting Monday, because of parts shortages stemming from limited supplies of semiconductors now vital to everything from display screens to transmissions. The move will lead to the temporary layoffs of about 3,900 workers at the plant, which builds two popular SUVs, the Ford Escape and Lincoln Corsair. Honda Motor Co. , Fiat Chrysler Automobiles NV and others are also wrestling with the shortage, leading them to reduce output on everything from big pickup trucks to compact sedans. ....