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Wolfspeed (WOLF) Shares Plunge 48%, Hitting Lowest Point Since 1998

Wolfspeed (WOLF) Shares Plunge 48%, Hitting Lowest Point Since 1998

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...
BYD Surpasses Tesla in Annual Revenue as Competition Intensifies in the EV Market

BYD Surpasses Tesla in Annual Revenue as Competition Intensifies in the EV Market

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...
Tesla’s $16 Billion Setback: Musk’s Fortune Dips as Shares Plunge and BYD Surges

Tesla’s $16 Billion Setback: Musk’s Fortune Dips as Shares Plunge and BYD Surges

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...
Tesla Soars Past $1 Trillion as Musk-Trump Alliance Sparks Investor Optimism

Tesla Soars Past $1 Trillion as Musk-Trump Alliance Sparks Investor Optimism

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...

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LATEST

Senate Passes GENIUS Act

by Elvis Guaman | Jun 18, 2025

In a historic vote on Tuesday, the...

Zyn for the Win?

by Lucas Shum | Jun 17, 2025

By all appearances, Philip Morris...

How Artificial Intelligence Is Transforming Labor Markets, Productivity, and Industry Dynamics

by Leland Li | Jun 16, 2025

Artificial Intelligence (AI) is...

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