Bloomes’ registration of China-made cars in the world’s largest car market dropped 24 percent month-on-month to 11,456 in July, Bloomberg reported, citing data from state-sponsored China Automotive Information Net. The lower registrations in China for China-made Teslas come as Tesla’s main competitors saw their registrations increase. NIO, for example, saw …
Read More »Another EV company goes public. What separates it from Tesla and everything else.
Text size The Canoo is aimed at young professionals interested in a subscription model. Courtesy Canoo Yet another company with electric cars is publicly traded through a purchase through a special purpose purchase company, or SPAC. This time it’s the Hennessy Capital Acquisition that buys Canoo. Canoo is a self-described …
Read More »Here’s a novelty explanation for why Tesla Stock is big
Text size Tesla numbers came in much better than expected for several quarters. Spencer Platt / Getty Images Tesla stock market hit $ 1,923 shortly after opening Tuesday – another record – adding to the company’s incredible year. Shares were up 3.5% to $ 1,900.00 later Tuesday morning. The stock …
Read More »What did people do with their $ 1,200 incentive checks? Finally an answer
Lower-income Americans were more likely to spend their stimulus checks, but more Americans could also spend their stimulus checks if more businesses were open when the checks began in late April, research found. (Photo: Getty.) What did people do with their stimulus controls? People who spend most of their stimulus …
Read More »Fiat Chrysler unveiled Hellcat pickup of 702 hp
Ram 1500 TRX Fiat Chrysler Fiat Chrysler has just unveiled a new pickup – the Ram 1500 TRX, a performance truck with a V8 Hellcat engine and more than 700 horsepower. The pickup is expected to go on sale by the end of the year – starting at $ 71,690 …
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