U.S. stock futures opened higher on Wednesday as investors monitored developments in technology companies and upcoming economic reports. Nasdaq 100 futures (NQ=F) rose about 0.3%, while S&P 500 futures (ES=F) gained 0.2%. Dow Jones Industrial Average futures (YM=F) increased roughly 0.1%, reflecting its lower weighting in tech stocks. Alibaba (BABA) surged over 9% in premarket … Continue reading “U.S. Stock Market Live: Nasdaq and S&P 500 Futures Rise Following Alibaba AI Investment Plans”
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AUSTIN, Texas — Tesla’s stock gained close to 4% on Monday, lifting the company’s market capitalization by billions of dollars, after it released two short clips on X hinting at an announcement expected Tuesday. One video displayed a spinning wheel beside Tuesday’s date. The second showed the headlights of an unrecognizable vehicle in partial light. … Continue reading “Tesla Stock Gains Before Tuesday Announcement on New EV Plans”
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Tesla has filed regulatory documents in China for a new version of its popular Model Y SUV, marking the company’s latest effort to refresh its lineup in the world’s largest electric vehicle market. According to information published Thursday by China’s Ministry of Industry and Information Technology (MIIT), the upcoming variant—officially listed as “Model Y+”—appears to … Continue reading “Tesla Registers “Model Y+” in China, Plans Longer-Range Electric SUV – iShook Finance”
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Key Points SpaceX valuation reviewed between $750B and $800B Share price above $400 discussed, up from $212 in July Board reviewed the proposal this week at Starbase Employees and early holders may sell part of their shares Public listing timing discussed for late next year SpaceX is preparing an insider share sale that would place … Continue reading “SpaceX Plans Insider Share Sale at Up to $800 Billion Value – iShook Finance”
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Verizon is preparing to cut about 15,000 jobs in the United States, according to a person with direct knowledge of the plan. The reduction is one of the first major steps taken by new CEO Dan Schulman, who took charge in October and is reviewing how the company is organized. The cuts are expected to … Continue reading “Verizon Plans 15,000 Job Cuts Under New CEO Dan Schulman – iShook Finance”
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Photo: T1 Energy After scrapping plans to build a $2.6 billion battery energy storage system factory in Georgia, FREYR Battery (NYSE: FREY) has rebranded itself as T1 Energy (NYSE: TE). FREYR turned T1 Energy also has a new strategy: It says it’s committed to “becoming a vertically integrated US solar + battery storage leader from … Continue reading “FREYR rebrands after killing its $2.6B Georgia battery factory plans”
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DOT to review $7.5B federal EV charging program, funded with 2021 Bipartisan Infrastructure Law Keeps funding projects in progress but rescinds guidance for continued buildout Means new state proposals for rules not yet released, months of delay for states’ funding Tesla has captured more than $41 million in government money for the buildout The Trump … Continue reading “Trump DOT freezes EV charger funding, demands new state plans”
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Tesla appears to be doubling down on its new “Oasis” Supercharger station concept, which consists of larger stations powered by solar and a microgrid battery system. Although, this new one is a bit less ambitious. Last month, Tesla announced its “project Oasis” (pictured above), which should become one of Tesla’s largest Supercharger stations with several … Continue reading “Tesla plans mini Oasis Supercharger with solar and batteries near its giant project”
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Massachusetts-based Aspen Aerogels could get up to $670 million from the U.S. Department Of Energy to mass produce battery safety materials. The company specializes in making “thermal barriers” to suppress EV fires. Electric vehicle fires are statistically rarer than gas car fires, according to Tesla and several independent fire safety reports. But when they happen, … Continue reading “The U.S. Plans To Combat EV Fires With Groundbreaking Technology”
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Volkswagen plans to launch eight affordable electric vehicles by 2027, brand boss Thomas Schaefer said in a recent interview with German publication Auto Motor und Sport (via Reuters). “We have to produce our vehicles profitably and put them on the road at affordable prices,” Schaefer said in the interview. One of those affordable models will … Continue reading “VW reportedly plans 8 cheaper electric models by 2027”