WSJ News Exclusive | Fisker Ditches Tesla-Style Direct-Sales Model in Favor of Dealerships

[ad_1] The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after it found the approach too expensive and struggled in…

S&P 500 Rises to Highest Level Since January 2022 

[ad_1] Consumer prices rose 3.1% in November from the year prior in line with economist expectations. [ad_2] Source link

EV Makers Turn to Discounts to Combat Waning Demand

[ad_1] Buyers looking to get a bargain on a new car might want to consider an electric vehicle. As sales growth has slowed for battery-powered models, automakers and dealers are slashing prices…

Lucid Announces Third Quarter 2023 Financial Results

[ad_1] Lucid reported Q3 revenue of $137.8 million driven by customer deliveries of 1,457 vehicles in the quarter Production of the Lucid Air Pure RWD began in September and is…

WSJ News Exclusive | Tesla, Saudi Arabia in Early Talks for EV Factory

[ad_1] The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk. [ad_2] Source link

VinFast’s Rise and Fall Burns Investors in Familiar SPAC Pattern

[ad_1] The deals are more accessible to everyday investors than traditional initial public offerings. [ad_2] Source link

Tesla Alums Win Big in Green Energy Bonanza

[ad_1] Listen to article (2 minutes) Governments everywhere are trying to build domestic clean-energy industries, from electric cars to solar panels. No company has had more recent success doing that…

Lucid Announces Second Quarter 2023 Financial Results, On Track for Annual Production Guidance of More Than 10,000 Vehicles

[ad_1] Q2 revenue of $150.9 million driven by customer deliveries of 1,404 vehicles in the quarter Bolstered balance sheet to $6.25 billion in total liquidity as of June 30, 2023…

Lucid Revs Up Aston Martin’s EV Plans

[ad_1] A deal for the electric-vehicle startup to share its technology with British sports-car maker Aston Martin may not be the last such collaboration. [ad_2] Source link

Tesla Leads Surge in Battered Clean-Energy Stocks

[ad_1] The rally could sustain cash-burning companies until climate-law subsidies kick in. [ad_2] Source link