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…

U.S. Auto Sales Bounced Back in 2023

[ad_1] Updated Jan. 3, 2024 11:49 am ET U.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on dealership lots.  But this year could prove more…

Tesla Falls Behind China’s BYD in Quarterly EV Sales for First Time

[ad_1] Updated Jan. 2, 2024 3:32 pm ET Chinese automaker BYD for the first time topped Tesla as the world’s largest seller of electric vehicles on a quarterly basis, a…

UAW Launches Organizing Drive, Targets Tesla and Toyota

[ad_1] Updated Nov. 29, 2023 9:30 pm ET The United Auto Workers formally launched one of the largest organizing drives in its history with campaigns at 13 automakers, in an…

Fast-Fashion Giant Shein Files to Go Public

[ad_1] Updated Nov. 27, 2023 5:55 pm ET Shein, the China-founded online fashion company that won over hundreds of millions of shoppers around the world, has confidentially filed to go…

Reasons for the Rise of Rivian Automotive (RIVN)

[ad_1] Baron Funds, an investment management company, released its “Baron Opportunity Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the…

S&P 500 Dips Ahead of Friday’s Jobs Report

[ad_1] Benchmark Treasury yields fall for a second straight day. [ad_2] Source link

WSJ News Exclusive | The Billion-Dollar Hedge Fund Club Is About to Get Bigger

[ad_1] Lykos Global, JCAP and LuminArx are among those targeting big launches after years of declines in the number of funds. [ad_2] Source link

To Get the EV Tax Credit, You Will Now Have to Buy an American Brand

[ad_1] New restrictions on qualifying for the as much as $7,500 EV tax credit mean that only U.S. brands currently qualify. [ad_2] Source link

Ram’s New Electric Pickup Truck Aims for Battery Range of 500 Miles

[ad_1] The Ram 1500 REV is likely to go on sale next year and will try to surpass the ranges of EV rivals. [ad_2] Source link