The report highlights that EV tires wear out faster due to greater vehicle weight and higher torque. However, EV owners are often unaware of these performance differences.
Shares of IPG Photonics Corporation (NASDAQ: IPGP) fell sharply during Tuesday’s session after the company reported mixed fourth-quarter financial results and issued soft first-quarter guidance.
U.S. stock futures once again displayed indecision on Monday, echoing recent sessions and reflecting market uncertainties. With no major earnings reports expected in the morning, attention is likely to turn to Federal Reserve officials’ speeches scheduled for the day and the New York Fed’s January consumer expectations reading.