Tesla reported strong results after topping both earnings and revenue expectations in its most recent quarter.

J.P. Morgan downgrades EVgo to neutral as the company continues to be impacted by permitting delays and supply chain shortages.

Electric vehicle maker Tesla reported earnings after the bell. Here are the results.

The lithium deficit is likely to rise — to the benefit of lithium producers, says a Deutsche Bank analyst, adding that most investors are “missing this point.”

Four manufacturers dominate the market for large semitrucks, led by Daimler Trucks’ Freightliner brand. But the business is facing challenges from the outside.

Tesla’s price cuts make the vehicles more affordable and likely eligible for federal EV tax credits but tank the resale values of cars for current owners.

The IRS expects to issue guidance on the clean vehicle credit in March. Experts think the rules around car batteries will limit who can get the credit.

Tesla said in a statement that its expanding facilities in Nevada will include a 100 GWh battery cell factory and high-volume factory to manufacture the Semi.

Uber Freight laid off 150 employees on Monday, the first such cuts to hit any part of Uber since the onset of Covid in 2020.