Yahoo Finance's Pras Subramanian breaks down everything you need to know about Tesla raising the price of its Model Y vehicle in the U.S.
Several U.S.-based electric vehicle (EV) stocks were sliding Tuesday morning as investors balance increasing competition against growth initiatives. Rivian Automotive (NASDAQ: RIVN), Lucid Group (NASDAQ: LCID), and specialty EV maker Canoo (NASDAQ: GOEV) all sank between about 7% and 8% in early trading. Rivian confirmed it was expanding its product line to include electric bikes, reports Bloomberg.
(Bloomberg) -- Hertz Global Holdings Inc. ended last year with far fewer Tesla Inc. vehicles in its fleet than planned when the rental-car company was plotting its late 2021 stock listing.Most Read from BloombergQuake Toll Hits 4,000 in Turkey, Syria as Overseas Aid FlowsDell to Cut About 6,650 Jobs, Battered by Plunging PC SalesTrump Charges in Georgia Over 2020 Could Lead to Bigger Fed CaseTech Drives Stock Gains as Traders Weigh Powell: Markets WrapUS Moves to Recover Chinese Balloon While We