DRIV

BYD Poised To Surpass Tesla In EV Sales As US And Europe Demand Wanes

BYD Company might surpass Tesla Inc. In annual electric vehicle sales in 2024. U.S. And European tariffs limit Chinese automakers' growth to Asia and emerging markets. Weakening demand for battery EVs means internal combustion engines will sustain profits for legacy automakers. Tesla reported its fourth consecutive quarter of disappointing profits on Tuesday.

3 EV Stocks to Buy on the Dip: July 2024

Weekly Report: what happened at DRIV last week (0715-0719)?

Weekly Report: what happened at DRIV last week (0708-0712)?

Analysts say Supreme Court's Chevron ruling may limit action on climate, EVs

Energy Analysts say Supreme Court's Chevron ruling may limit action on climate, EVs. Moody's says ruling creates legal and regulatory uncertainty for regulated utilities. Jefferies says decision could curb investments in electric vehicles and the development of safer chemicals. The U.S. Supreme Court overturned the Chevron doctrine.

Ford's Q2 2024 Earnings: What to Expect

Ford Motor Company is scheduled to announce its fiscal Q2 earnings results after the market closes on Wednesday, Jul. 24. The company is expected to report a profit of $0.62 per share. F stock is up 5.8% on a YTD basis, underperforming the broader S&P 500 index.

Used Car And Truck Prices Spiral Down Further In Historic Plunge, Surrender 60% Of Stunning 2-Year Spike

Tesla Loses Ground: Elon Musk's EV Market Share Falls Below 50% For First Time

Tesla's share of the electric vehicle market in the U.S. Fell to 49.7% for the second quarter. The Elon Musk-led company's market share is the first time it has been below 50% in a quarter. Cox Automotive estimates Tesla's second-quarter EV sales in the US fell by 6.3% to 330,463 units.