The Latest Breaking News from Auto Vehicle Manufacturers

The EV industry has witnessed stupendous growth over the past few years thanks to technological advancements, growing acceptance, and government incentives. However, the industry has been plagued by high inflation, supply chain disruptions, rising raw material costs, and the semiconductor chip shortage. Given these factors, investors should stay away from…

General Motors (GM) delivered solid revenue and earnings growth in the third quarter. The company expects its strong business momentum to continue this year despite the lingering supply chain issues and high raw material costs. With many expecting a recession next year, will it be wise to invest in GM…

Electric vehicle company Mullen Automotive (MULN) has lost more than 90% this year and is currently trading at lower than 50 cents. However, it might not be wise to get tempted by the low price and invest in the stock due to its weak fundamentals. Read on….

Electric Vehicle (EV) maker Lucid Group (LCID) failed to translate its top-line growth to bottom-line improvement in the second quarter of fiscal 2022. While the company mentioned strong demand for its offerings, chip shortage, material price inflation, and supply chain challenges might weigh on its growth prospects. Shares of LCID…

The major market indexes’ consistent downtrend has significantly benefited short-sellers. As the market is expected to remain under pressure on rising recession odds, it could be wise for investors looking to bottom fish to stay away from heavily shorted stocks Rivian Automotive (RIVN), Lucid (LCID), Teladoc Health (TDOC), Warby Parker…

Electric vehicle company Mullen Automotive’s (MULN) CEO has sold its shares on seven separate occasions this year, with total shares sold counting to more than 2 million. Moreover, MULN has declined substantially over the past month. Let’s discuss this stock in detail….

Electric Vehicle (EV) stock Faraday Future Intelligent Electric (FFIE) has lost more than 80% this year, indicating bearish investors’ sentiments. And considering its bleak fundamentals, the stock could witness further declines. Thus, this EV stock might be best avoided. Keep reading….

Popular automaker Ford Motor (F) recently saw substantial trading volume. The company handily beat earnings and revenue estimates in the previous quarter. Recently, F revealed that it expects its costs to rise significantly. So, will it be wise to buy the stock now? Let’s discuss….

Mullen Automotive (MULN) has failed to generate positive investor sentiment despite its latest bids and acquisitions, as is evident from its almost 94% decline this year. Moreover, the stock has hit its 52-week low of $0.32 in the last session. Also, considering the macroeconomic headwinds, will MULN be able to…