Text size Tesla stock is more than 40% above its 50-day moving average. Sean Gallup / Getty Images After a short break Wednesday after a 5-day rally that added more than $ 500, or 36%, to the share price, Tesla shares were on the move again, up nearly $ 100, …
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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 …
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US depository shares of Chinese electric car maker Li Auto Inc. LI, + 10.00% it shot up nearly 50% to trade above $ 16 on Thursday after setting its initial public offering at $ 11.50 per ADS. Last week, Li set an IPO range between $ 8 and $ 10. …
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