by Justin Wong | Mar 28, 2025 | Automotive, Domestic, Investing News, Market News, Technology
Shares of Wolfspeed (WOLF), a prominent player in the semiconductor industry, saw a drastic decline of about 48% on Friday, marking their lowest level since 1998. This sudden slump came on the heels of the announcement that the company had appointed a new CEO, Robert...
by Elvis Guaman | Mar 25, 2025 | Automotive, Automotive, Cleantech, International Buzz, Technology
In a major milestone for the electric vehicle (EV) sector, Chinese automaker BYD has reported a record-breaking annual revenue of 777 billion yuan ($107 billion) for the year 2024, surpassing its U.S. rival, Tesla, in terms of financial performance. This remarkable...
by | Mar 18, 2025 | Automotive, Automotive, Cleantech, Domestic, Investing News, Market News, Stock Market, Technology
Tesla’s stock (TSLA) has taken a significant hit, sitting at about $226 today, down more than 52% from its peak of $479 in December 2024. This sharp decline marks a challenging period for the electric vehicle giant and its CEO, Elon Musk, whose personal wealth...
by | Nov 8, 2024 | Automotive, Automotive, Cleantech, Investing News, Market News, Retail, Stock Market, Technology
In an impressive surge, Tesla Inc. (NASDAQ: TSLA) saw its stock price rise by more than 10% during afternoon trading on Friday, propelling the electric vehicle giant’s market capitalization past the $1 trillion mark. The rally comes amid growing optimism among...