Tesla Calms Investors After Dismal Q1, Fisker Buyout Buzz, BYD Enters Pickup Game And More: Biggest EV Stories Of The Week

Tesla, Inc. (NASDAQ:TSLA) led a recovery in electric vehicle stocks in the week that ended on April 26. The company reaffirmed that it would roll out a low-end model. Tesla also announced an accelerated start of production for a new model.

What Rising Demand For Hybrids Could Mean For The EV Market

What rising demand for hybrid models and what it means for the EV market. The automotive industry has invested heavily in the electric vehicle market. Consumers appear to be embracing other options such as hybrids. David Mau, VP, director and portfolio manager at TD Asset Management discusses the implications for the auto sector.

3 EV Stocks to Buy on the Dip: April 2024

IEA sees strong electric car sales, but affordability and charging roadblocks remain

Consumer IEA sees strong electric car sales, but affordability and charging roadblocks remain. Electric car sales are set to grow 21.4% Y/Y to around 17M by the end of the year. More than one in five cars sold worldwide expected to be electric by 2035.

Weekly Report: what happened at KARS last week (0415-0419)?

Tesla's Horror Week Ends With Another Price Cut, Rivian's Second Round Of Layoffs, Lucid Touts Longest-Range Domestic EV And More: Biggest EV Stories Of The Week

What Lies Ahead of Electric Vehicle (EV) ETFs?

Weekly Report: what happened at KARS last week (0408-0412)?

Elon Musk's India Visit, Tesla's FSD Subscription Price Slashed By 50%, Nikola Plunges Amid Proxy Filing And More: Biggest EV Stories Of The Week

Tesla drops FSD pricing to $99/month in the U.S. Reports suggest Tesla CEO Elon Musk will head to India. Nikola reverses course on boardroom battle. The company is expected to reveal its plans for sub-$30,000 electric vehicles in India.

Decelerating EV growth does not mean the sector is losing broad appeal – ARK Invest

Consumer Decelerating EV growth does not mean the sector is losing broad appeal – ARK Investment Management. Sales of traditional gas-powered vehicles peaked in 2017, ARK says. Sales growth in the electric vehicle segment has slowed in recent years. ARK continues to hold a positive outlook on the electric vehicles industry.

Finding Signal In Noisy Auto Data

Electric vehicle sales growth decelerated in 2022 and 2023. Decelerating growth does not suggest that new products, including EVs, are losing mass market appeal. The sales of gas-powered vehicles peaked in 2017, displaced by fully electric vehicles. Market share is sending signals that belie the media headlines, says ARK Investment Management.

Look Closer: Cathie Wood's Ark Analyst Explains Why EVs Seem To Be 'Entering, Not Ending, A Traditional Adoption Curve'

Investor Cathie Wood's Ark Investment Management says the appeal of electric vehicles remains strong. Sales of gas-powered vehicles peaked in 2017 and have been displaced by hybrids and fully electric vehicles. EV sales are expected to grow from 113% in 2021 to 59% in 2022 and 28% in 2023.

EPA Slows The Accelerator On Auto Emissions Caps

Weekly Report: what happened at KARS last week (0401-0405)?

Tesla Alienates Bears And Bulls Alike, Nikola On The Mend, Canoo's Struggles And More: Biggest EV Stories Of The Week

Electric vehicle stocks sold off in the week ended April 5. Tesla, Inc. Reported its first year-over-year sales decline since the second quarter of 2020. The Elon Musk-led company's first-quarter deliveries were down to 386,810 vehicles from 422,875 a year earlier.

Tesla's Troubles Signal A Speed Bump For Investors In The EV Story

Tesla's Troubles Signal A Speed Bump For Investors In The EV Story. Tesla's disappointing news on vehicle deliveries jeopardized its status in the Magnificent Seven stocks. Tesla has been at the vanguard of electric vehicle production for 15 years. Competition for electric vehicles is mounting, but demand persists. Eaton is poised to play an instrumental role in expanding the charging infrastructure.

Explore Chinese EV Demand With KARS

Q1 2024 Macroeconomic Review: Tenacious Inflation's Lingering Impacts

Home Market Outlook Economy Analysis Q1 2024 Macroeconomic Review: Tenacious Inflation's Lingering Impacts. The first quarter of 2024 revealed a more-persistent-than-hoped picture of inflation. Consumer spending, the prime driver of the economy, showed signs of strain. The skepticism directed towards electric vehicles and renewable energy in Q1.

Weekly Report: what happened at KARS last week (0325-0329)?

Tesla Q1 Worries Mount, Fisker Pricing Ploy To Stay Alive, Nikola Stock Soars By 57% And More: Biggest EV Stories Of The Week

More sell-side analysts reduced their first-quarter deliveries target for Tesla. Fisker, Inc. Announced a sharp reduction in its EV prices. Canoo Inc. Bought assets of a bankrupt EV maker in Oklahoma. Nikola Corp. Teased its return to the electric vehicle market this week.