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 Bryant Lum | Mar 24, 2025 | Automotive, Domestic, Economics, International Buzz, Products
Hyundai is set to make a significant investment in the U.S., pledging $20 billion in onshoring initiatives that will boost American manufacturing and the production of electric vehicles. The announcement, expected to be made on Monday at the White House, will be...
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 Andy Liao | Jan 2, 2025 | Automotive, Investing News, Market News, Stock Market
Tesla’s stock took a significant hit on Thursday, falling over 5.5% in morning trading, after the company reported its first annual decline in deliveries. The automaker’s fourth-quarter performance fell short of expectations, revealing a slowdown in the growth...
by Elvis Guaman | Dec 3, 2024 | Automotive, Automotive, Investing News, Market News, Retail, Stock Market, Technology
Tesla’s stock (TSLA) faced a sharp decline on Tuesday afternoon following a significant legal setback for CEO Elon Musk. A Delaware court once again struck down Musk’s controversial $56 billion pay package, rejecting his appeal to revise a previous ruling. The...
