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Morgan Stanley Names Tesla Stock its ‘Top Pick,’ Raises Price Target
Written by Cláudio Afonso | LinkedIn | X Morgan Stanley analyst Adam Jonas raised Tesla’s price target to $400 from $310 in a research note released on Tuesday, reaffirming an Overweight rating and...
View ArticleNio Partners with China’s Payment Giant AliPay After Mastercard Alliance
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio and China’s widespread payment app Alipay are partnering to integrate digital payment systems into Nio’s vehicles. The partnership...
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Lucid Starts Deliveries in the UAE, Its 6th Market
Written by Cláudio Afonso | LinkedIn | X Lucid Motors announced that it has delivered its first vehicles in the United Arab Emirates (UAE), its sixth market globally. Following its expansion into...
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EV Startup Canoo Accelerates Towards Bankruptcy
Written by Cláudio Afonso | LinkedIn | X After plunging 21.7% on Monday, shares of the EV startup Canoo dropped another 29% on Tuesday, closing at just $0.17 — a new record low for the Texas-based...
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Geely-Baidu Backed EV Startup Jidu Confirms Layoffs
Written by Akimoto Yukiko | Edited by Cláudio Afonso Earlier this month, a social media post alleged that JiDu Auto, a joint venture between Geely and Baidu, was undergoing significant layoffs, with a...
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BMW Deletes Post Praising Tesla’s Full Self Driving Tech
Written by Cláudio Afonso | LinkedIn | X BMW deleted a social media post early Wednesday that had fueled speculation about its potential interest in Tesla’s Full Self-Driving (FSD) software. The...
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Goldman Sachs Ups Tesla Price Target Despite ‘Headwinds’ in Auto Business
Written by Cláudio Afonso | LinkedIn | X Goldman Sachs analyst Mark Delaney released on Wednesday a new research note on Tesla raising the firm’s price target to $345.00 from $250.00. Based on...
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Tesla Files Cybertruck Energy Consumption Data with Chinese Regulator
Written by Cláudio Afonso | LinkedIn | X Tesla’s Cybertruck electric pickup truck has completed its energy consumption calculation filing with China’s Ministry of Industry and Information Technology...
View ArticleAmazon Ventures into Online Car Sales with New Platform
Written by Collins Eshiet Amazon, the $2.4 trillion company founded and led by Jeff Bezos, is entering the online car sales market by launching its “Amazon Autos” platform in some U.S. cities. The...
View ArticlePolestar Slashes Polestar 4 Prices in China by $11,600 Until Year-End
Written by Cláudio Afonso | LinkedIn | X Polestar, the electric vehicle brand backed by China’s Geely Group, announced on Wednesday a series of limited-time incentives for its Polestar 4 SUV in China,...
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Canoo Initiates Layoffs as Bankruptcy Looms
Written by Cláudio Afonso | LinkedIn | X The EV startup Canoo has started another significant round of layoffs, just two months after relocating employees from California to Texas, as it struggles to...
View ArticleLucid ‘Exploring’ Dealership Model for Certain Markets, CFO Hints
Written by Cláudio Afonso | LinkedIn | X Lucid is considering building a dealer network in certain markets, the company’s Interim Chief Financial Officer and Principal Accounting Officer, Gagan...
View ArticleNio Opens First Battery Swap Station in Belgium, First Outside Its Markets
Written by Cláudio Afonso | LinkedIn | X Nio opened its first battery swap station in Belgium on Thursday, marking the 59th in Europe. Located near Antwerp, it is the company’s first station in a...
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Nio CEO Defends Pricing Strategy Amid Slow November Deliveries
Written by Cláudio Afonso | LinkedIn | X Nio’s founder and CEO, William Li, reiterated the company’s goal of doubling sales in 2025 to a total of 440,000 electric vehicles across the three brands. At...
View ArticleLucid Exec Says Solid-State Batteries ‘Are Already Planned’
Written by Cláudio Afonso | LinkedIn | X Lucid Motors has plans involving solid-state battery technology in its models, the company’s interim Chief Financial Officer Gagan Dhingra said during the...
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Nio to Begin Production at Third Plant in Q3 2025, CEO Says
Written by Cláudio Afonso | LinkedIn | X Nio’s third manufacturing facility, internally referred to as F3, is set to begin production in the third quarter of next year, the company’s founder and CEO...
View ArticleTesla Model 3 Scores 98% in GreenNCAP Environmental Tests
Written by Cláudio Afonso | LinkedIn | X The new Tesla Model 3 achieved an average score of 98% and a 5-star rating in the environmental Green NCAP tests, the association said on Thursday. The sedan...
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Canoo Shares Skyrocket 96%, Hits Highest Volume Day Since IPO
Written by Cláudio Afonso | LinkedIn | X Electric vehicle startup Canoo saw its stock surge by over 96% during the first two hours of trading on Thursday. Within the first two hours minutes of the...
View ArticleEVgo Announces Closing of $1.25B DOE Loan, Up From $1.05B
Written by Cláudio Afonso | LinkedIn | X EVgo announced on Thursday the closing of a $1.25 billion guaranteed loan facility from the U.S. Department of Energy (DOE). In October, the company announced...
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Onvo to Begin Deliveries of Second Model in Q3 2025, Third in Q4
Written by Cláudio Afonso | LinkedIn | X After having unveiled its debut model in May, Nio’s sub-brand Onvo is preparing to launch another two family-oriented SUVs in 2025. In a media briefing held in...
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