Rivian stock (NASDAQ: RIVN) rose on Friday in response to Tesla's (NASDAQ: TSLA) plans to launch its robotaxi service in San Francisco. Both companies are facing challenges in the electric vehicle market, but Rivian is making strategic moves to strengthen its presence in North America.
Economist Justin Wolfers is pushing back against the narrative surrounding President Donald Trump's new trade agreement with Japan, arguing that the deal essentially results in a tax increase for American consumers.
Tesla (NASDAQ:TSLA) shares fell nearly 7% in premarket trading on July 24, 2025, as the EV giant wrestles with production delays, declining sales, and mounting competition in an evolving electric vehicle landscape. The sharp drop underscores the market’s growing concern over Tesla’s ability to maintain its edge
Ford Motor Company (NYSE:F), one of the world’s most iconic automotive brands, has not only shaped the way people move but has also continually reinvented itself across more than a century of operation. The journey from its humble beginnings in Detroit to its modern status as a leader
In recent months, global trade tensions have placed immense pressure on the automotive industry, with Ford Motor Company now standing at a critical juncture. As policymakers debate the imposition of new tariffs and trade barriers, Ford’s stock (NYSE:F) has come under renewed scrutiny from investors concerned about the
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Tesla's astronomical price-to-earnings ratio of 189 is meme-level, while competitors like Microsoft and Amazon sit around 39 and 37. With EV competition rising and Tesla's sales falling, the hype may not be enough to justify its valuation.
Toyota's stock surged 8% after the Trump administration's new tariff policy was announced, putting American automakers like Ford, GM, and Tesla at a disadvantage. This could backfire on the America First policy and investors should take note.
Automotive manufacturer General Motors (NYSE:GM) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, but sales fell by 1.8% year on year to $47.12 billion. Its non-GAAP profit of $2.53 per share was 2.1% above analysts’ consensus estimates.
Strong U.S. demand for gasoline-powered trucks and SUVs helped bolster results, but the company warned tariff headwinds will intensify in the third quarter.
GM CFO said that the company’s recent $4 billion investment in U.S. manufacturing over the next two years gives it the necessary capabilities to produce both internal combustion engine and electric vehicles based on changing customer demand.
General Motors GM managed to beat analyst expectations Tuesday when it reported second-quarter results, but new tariffs on imported cars and auto parts took a $1.1 billion bite out of its bottom line.
