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Zaheer Kachwala

FILE PHOTO: The logo of a Tesla electric vehicle is placed on a car outside a dealership in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsTransport

Tesla shares rise in Frankfurt despite earnings miss

Tesla's market value has jumped with the election of U.S. President Donald Trump, a close ally of CEO Elon Musk.

The Tesla logo is seen on a car in Los Angeles, California, U.S.
BusinessElectionsElectric Vehicles (EVs)News

Tesla stock extends rally as Musk-Trump alliance fuels gains

Tesla shares soar 7% on premarket gains, fueled by Musk's backing of Trump and hopes for policy benefits.

FILE PHOTO: A Lucid electric vehicle is shown inside one of the company's retail stores at a shopping mall in San Diego, California, U.S.,October 20, 2023.     REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

EV firm Lucid beats Q3 deliveries estimate as price discounts boost demand

Lucid Group exceeded Q3 delivery estimates, driven by discounts and cheaper financing for its luxury EVs despite economic challenges.

FILE PHOTO: Second-generation R1 vehicles are assembled at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez
BusinessEconomyElectric Vehicles (EVs)LegislationManufacturingNewsRegulationsTrade

Rivian lowers annual production forecast due to parts shortage

Rivian cut its 2023 production forecast to 47K-49K due to a parts shortage and slowing EV demand, sending shares down four per cent.

FILE PHOTO: VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S.,  March 1, 2023. REUTERS/Lisa Baertlein/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsTransport

Vietnamese EV maker VinFast reports wider sequential gross loss

VinFast, which started delivering cars in California last year, reported a gross loss of $224 million in the April-to-June period.

FILE PHOTO: Elon Musk, chief executive officer of SpaceX and Tesla, speaks to the media during the launch of SpaceX's Starlink internet service in Indonesia at a sub district community health center in Denpasar, Bali, May 19, 2024. REUTERS/Johannes P. Christo/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Tesla investor Scottish Mortgage to back Musk’s $56bn package

Scottish Mortgage agreed to the package Tesla set in 2018 and after agreeing to the deal, the firm believes the amount should be...

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessElectric Vehicles (EVs)News

Tesla chair sees challenges in getting shareholder vote for Musk’s pay deal

Tesla's chair said the company needs to climb "Mount Everest" as it faces shareholder votes on relocating to Texas and Elon Musk's $56bn...

A Fisker Ocean Extreme electric vehicle is displayed during CES 2022 at the Las Vegas Convention Center in Las Vegas, Nevada, U.S. January 5, 2022. REUTERS/Steve Marcus/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

US auto regulator opens preliminary evaluation into Fisker SUVs

NHTSA's Office of Defects Investigation probing Fisker SUVs over emergency braking system after complaints made.

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