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Invest in These 3 Flying Car Stocks Set to Soar in 2025
Apr 24, 2024 10:56am

Flying cars are moving closer to reality, creating a potential trillion-dollar market for some of the world’s top flying car stocks . Boeing (NYSE: BA ), for example, wants in on the market, with plans to launch flying cars in Asia by the time 2030 rolls around. XPeng (NYSE: XPEV ) subsidiary AeroHT will reportedly start taking orders for its flying cars by October, with plans to mass produce by 2025. Even SpaceX-backed Alef Aeronautics just said it received 2,850 orders for its $300,000 flying car — with a down payment of $150. Fully electric, the two-seated flying car reportedly has a driving range of 200 miles, and a flight range of about 110 miles. And just in case you don’t have $300,000 to spend on a car, the company is working on a four-seater for $35,000. The flying car market could be worth a massive $1.5 trillion market, even $2.9 trillion by 2040, according to Morgan Stanley. If successful, flying car stocks could soar. In fact, here are three you may want to buy now. Joby Aviation ( JOBY ) Source: T.

2024 Isuzu D-Max V-Cross teased; What to expect
Apr 24, 2024 06:01am

At present, only Toyota and Isuzu sell pickup trucks in India. Isuzu has the D-Max V-Cross, whereas Toyota has the Hilux. Despite its specific market niche, the V-Cross has great popularity in India. The company is currently getting ready to introduce the D-Max V-Cross in 2024. But based on the teases, it appears like the […]

Source:Business Upturn
Toyota''s scandal-hit Daihatsu aims to resume vehicle development this year
Apr 24, 2024 05:25am
Beijing powers up into car wars battleground
Apr 24, 2024 04:00am

The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to Toyota Motor will flaunt an arsenal of new ideas as they try to fend off their fast-growing Chinese rivals in the People’s Republic and beyond.

TSLA Stock Alert: Tesla Job Cuts Continue with ‘Voluntary Programme’ in Germany
Apr 23, 2024 13:40pm

Tesla (NASDAQ: TSLA ) began a “voluntary programme” for employee reduction in Germany, hoping to reduce its workforce there by 400 . It’s just the latest bad news for the company, which reports earnings after the bell today, April 23 . Analysts will be listening closely to the conference call, hoping CEO Elon Musk can turn things around. TSLA stock fell 3.5% on April 22 but rebounded slightly before the market opened this morning. It was trading at about $142.50, a market capitalization of about $453 billion. Saving Elon Tesla can quickly reduce its U.S. employment, but European laws make it harder in Germany. The cuts there are just another indication that Tesla’s problems are existential and global. Worse than the job cuts is the impression of confusion at the top of the company. After finally giving in to the idea of advertising, Musk is now cutting his marketing team . Bloomberg reports he wanted to reduce headcount by 20% , twice what was finally announced. Critics are calling today a “day of reckoning” for the company.

Toyota Nearly Strips Away Tesla''s Last Shred Of Dignity
Apr 23, 2024 12:00pm

Tesla stock is suffering one indignity after another. And now Toyota Motor is close to serving up another: Stripping Tesla of the title of the most valuable automaker.

Source:Investor''s Business Daily
Rivian targets gas-powered Ford and Toyota trucks and SUVs with $5,000 ‘electric upgrade’ discount
Apr 23, 2024 02:10am

Rivian is offering discounts up to $5,000 on its EVs — and a year of free charging — to customers willing to trade in their gas-powered trucks and SUVs. The deal, which kicked off April 22, is aimed directly at some of the best-selling and most ubiquitous gas-powered trucks and SUVs on the market today, […] © 2024 TechCrunch. All rights reserved. For personal use only.

After UAW Wins Big In Tennessee, $40M Campaign Continues: 35 Car Plants Are Next
Apr 22, 2024 18:31pm

United Auto Workers (UAW) President Shawn Fain is gearing up to organize more nonunion automaker factories on the heels of a major victory at a Volkswagen (OTC: VWAGY ) plant in Tennessee . What Happened : Fain told multiple media outlets on Monday and over the weekend that the UAW’s $40-million campaign to get more union votes will proceed. The goal is to unionize autoworkers in at least 35 non-union U.S. plants currently under the banner of major manufacturers such as Mercedes-Benz Group (OTC: MBGYY ), Tesla Inc (NASDAQ: TSLA ), BMW (OTC: BMWYY ), Toyota Motor Corp (NYSE: TM ), Nissan Motor Co Ltd (OTC: NSANY ) and Hyundai Motor Company (OTC: HYMTF ). The UAW won an election victory Friday at a Volkswagen plant in Chattanooga, Tennessee. Seventy-three percent of the vote … Full story available on

TSLA Stock Alert: Tesla Plunges on Another Round of EV Price Cuts
Apr 22, 2024 13:34pm

Tesla (NASDAQ: TSLA ) stock fell 5% as the electric vehicle (EV) maker launched another round of price cuts around the world. Three models saw price cuts of up to $2,000 . The company posted that, with federal tax credits, the cost of its best-selling Model Y sedan fell below $30,000 . Tesla also dropped the price of its Full Self-Driving (FSD) option by one-third , to levels last seen in 2020. TSLA stock opened this morning at $140.60 per share, with a market capitalization of about $447 billion. Difficult Days Ahead CEO Elon Musk defended the changes, writing “Tesla prices must change frequently in order to match production with demand.” He added, “Only a fool thinks the ‘MSRP’ is the real price.” MSRP stands for Manufacturers’ Suggested Retail Price. Tesla has prided itself on having a single price clearly marked for buyers. The Musk statement indicates that buyers may now be able to drive their own bargains. If Tesla is indeed just another car company, the stock has much further to fall.