Lucid Group announced on Tuesday that CEO Peter Rawlinson is stepping down as the electric vehicle manufacturer aims to more than double its production to 20,000 units in […]
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Lucid (LCID) expects EV output to double in 2025 as the Gravity SUV rolls out
Lucid Motors (LCID), an electric vehicle (EV) startup, released its fourth-quarter earnings, surpassing expectations and projecting significant growth for 2025. The company anticipates producing approximately 20,000 EVs this […]
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How Tesla deployed FSD-style features in China despite data restrictions: report
During the Q4 2024 earnings call, Tesla CEO Elon Musk highlighted the challenges of rolling out Full Self-Driving (FSD) in China due to restrictions on transferring training data […]
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Super Micro files financials just ahead of Nasdaq deadline, stock pops
Super Micro Computer reported its delayed financial results on Tuesday, meeting the Nasdaq’s listing deadline. Shares of the server maker surged 15% in extended trading following the filing. […]
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Nvidia Stock Dips Ahead Of AI Giant’s ‘Massive’ Earnings Report—Here’s What To Expect
Nvidia is set to release its first financial results of the year, providing crucial insights into its standing following the impact of China’s DeepSeek AI model release, which […]
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Tesla Shares Slump Amid European Sales Decline and Elon Musk’s Net Worth Drop
Tesla’s shares have experienced a significant drop following a decline in European sales, with reports indicating an 8% fall in stock value. This downturn has also impacted Elon […]
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Lucid Announces Fourth Quarter and Full Year 2024 Financial Results
Lucid Group, Inc. (NASDAQ: LCID) has announced its financial results for the fourth quarter and full year of 2024. The company produced 3,386 vehicles in Q4 and 9,029 […]
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China says US plan to toughen semiconductor curb will backfire
BEIJING, Feb 25 (Reuters) – China’s foreign ministry stated on Tuesday that the U.S. plan to pressure other countries into targeting China’s semiconductor industry will ultimately fail. Lin […]
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Tesla Advances Toward Self-Driving Capabilities in China
Tesla has achieved a significant milestone in its efforts to introduce self-driving technology in China. The company announced on Tuesday that some drivers in China will now be […]
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Apple shareholders are expected to consider scrapping diversity programs amid backlash
Apple shareholders are anticipated to reject a proposal on Tuesday aimed at pressuring the company to eliminate its corporate diversity programs. The proposal, drafted by the National Center […]