Electric vehicle maker Tesla has entered an agreement with 10 brokerages to offer $5 billion worth of new stock in the company.
Chinese EV makers Nio and XPeng have reported first-quarter deliveries while investors wait to hear from Li Auto and market leader Tesla.
Chinese electric car maker Xpeng has announced an underwritten secondary offering of 40 million shares.
Here is a look at several stocks making big moves in early premarket action Friday.
U.S. new vehicle sales are expected to improve in August compared with July's reported sales, but the annual outlook remains far below 2019 totals.
Tesla last week reported delivering nearly 185,000 vehicles, a new quarterly record. Can any other automaker challenge the company and when could that happen?
China's three top EV makers reported October deliveries Monday morning and all posted big year-over-year gains.
Tesla's new Model S is due out next week, and the Plaid high-performance version of the vehicle reportedly set a new record for the quarter-mile.
Short interest was mixed on electric vehicle makers in the two-week reporting period ended October 30. Short sellers also decreased their positions in two traditional carmakers.
A Citigroup analyst on Wednesday raised his price target on one Chinese EV maker's stock and started coverage on two others. Short version: he likes what he sees.
Friday's additional top analyst upgrades and downgrades included Comcast, Coupang, Harley-Davidson, Micron Technology, XPeng and ZIM Integrated Shipping Services.
China's EV makers reported May sales early Thursday morning, and U.S. EV maker Lucid sold more shares.
Tesla and three leading China-based EV makers have reported fourth-quarter deliveries that are well above prior year totals.
Short sellers may be giving up trying to outsmart Tesla shareholders. They have been turning more attention to the country's traditional automakers.
Wednesday's additional top analyst upgrades and downgrades were on Amazon.com, Beyond Meat, Catalyst Pharmaceuticals, Dick’s Sporting Goods, Macy’s, Medtronic, Twitter, XPeng and more.