Tesla is caught in a subsidy storm; how will Musk break through California's new policies?
Trump plans to cancel federal electric vehicle subsidies, while California has proposed to restart state subsidies in response, but may impose restrictions on Tesla, shocking the market.
Trump's tariff stick shocks the market, General Motors falls 9%, how do Ford and others escape it?
Trump's tariff policies impact the North American auto industry, general motors' stock prices plummet, while Ford's 'made in the usa' global strategy has less effect.
As soon as Trump raised the tariff stick, the North American metal and auto industries were already hit.
On Monday, Eastern Time, President-elect Trump of the United States announced his plan to impose tariffs of up to 25% on imports from Mexico and Canada after taking office, triggering immediate reactions in the forex market. The US dollar rose more than 2% against the Mexican Peso, reaching a four-year high against the Canadian Dollar. Trump's move aims to address illegal immigration and drug issues, but analysts widely believe that this tariff policy may have profound implications for the economies of the USA and its neighboring countries.
The Biden administration is wildly handing out "gifts" before leaving office: electric vehicle company Rivian has received a government loan of 6.6 billion dollars.
①The us electric vehicle company Rivian announced that it has obtained a $6.6 billion conditional loan from the us energy department to restart its assembly plant plans in Georgia. ②The CEO of Rivian stated that this loan will help the company expand its production base to manufacture R2 and R3 models. ③The Biden administration had to complete the loan disbursement within the last two months, otherwise it would face strong obstruction from Trump.
Lifting a rock to smash one's own foot! As soon as the threat of tariffs from Trump emerged, the stock prices of usa automotive giants plummeted.
① The usa's incoming president Trump threatened to impose a 25% tariff on imported commodities from Mexico and Canada, causing shares of major us autos companies to plummet, with general motors falling nearly 9%. ② The tariffs may harm employment in both the usa and Mexico, and deal a blow to us consumers, which is undoubtedly Trump "lifting a rock only to drop it on his own foot."
How California Could Exclude Tesla From EV Credits -- and Why It Won't Work -- Barrons.com
Rivian Automotive Options Spot-On: On November 26th, 420.59K Contracts Were Traded, With 2.67 Million Open Interest
On November 26th ET, $Rivian Automotive(RIVN.US)$ had active options trading, with a total trading volume of 420.59K options for the day, of which put options accounted for 25.95% of the total
Rivian Stock Pares Back Gains. How $6.6 Billion From Biden Can Reignite the EV Maker. -- Barrons.com
Wolfe's Most Shorted 'Hit List' – FSLR, BE, WBA, SJM
Rivian to Use Biden Administration Loan to Boost Competitiveness of Its EVs
Rivian's $6.6 Billion US Energy Department Loan Commitment for Georgia Plant Is 'Important Next Step,' Truist Says
Rivian Stock Slips. How $6.6 Billion From Biden Can Reignite the EV Maker. -- Barrons.com
Express News | Rivian Shares up 5.2% After Co Gets $6.6 Bln Conditional Loan Approval to Build Georgia EV Plant
U.S. stock market movement | Rivian Automotive (RIVN.US) approved for a loan of $6.6 billion, rising over 8% in pre-market trading.
On Tuesday, Rivian Automotive (RIVN.US) rose more than 8% in pre-market trading to $12.54.
Daily short sale tracking: Nu Holdings's short volume increased by 25 million, with a short sale ratio of 31%
Nu Holdings(NU.US) ranked top of the list had the largest change in short volume (25.32 million shares), and the short volume ratio of QXO Inc(QXO.US) reached 44.93%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
4 Stocks to Watch on Tuesday: AMGN, BBY and More
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Tuesday Ahead of FOMC Meeting Minutes
Rivian Shares Are Trading Higher Following a Report Indicating the Company Secured a $6.6 Billion DOE Loan Commitment.
S&P 500 Futures Climb In Premarket Trading; Woodward, Exact Sciences Lead
Market-Moving News for November 26th