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Tesla, Inc. (NASDAQ:TSLA) shares have lost nearly 11% in two days, fueled by anxieties around potentially missing first-quarter delivery targets and the stock’s six-month-long lackluster performance. Late Tuesday, Tesla bull and Wedbush analyst Daniel Ives offered his perspective on the company’s weakness and future prospects.…

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In a bold move to bolster its electric vehicle market share, German automaker BMW (OTC:BMWYY) has rolled out a unique program offering a $1,000 incentive to certain EV owners to switch to BMW’s electric models. What Happened: As reported by CarsDirect, BMW has launched the…

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EV maker Rivian Automotive (NASDAQ:RIVN) will reportedly discontinue the third shift at its Normal, Illinois plant starting next month in light of increased efficiency and subdued production outlook for FY24. What Happened: Rivian, which currently employs approximately 8,000 workers in…

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U.S. stocks are on track to rebound on Wednesday after experiencing a pullback in the previous two sessions. Pent-up buying could lift heavily weighted tech stocks and, consequently, the broader market. However, several factors will influence the market’s direction. Investors will closely…

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Global banking giant JPMorgan Chase & Co. (NYSE:JPM) has revealed that its AI Cash Flow Intelligence tool has significantly decreased manual human labor by nearly 90% for some of its corporate clients. What Happened: The AI tool, which was introduced…