Read More

Week’s Biggest EV Stories: Tesla Loses High-Profile Executive, Canoo Runs On Twin Contracts, Fisker Poaches BMW Executive And More

Electric vehicle stocks meandered to a mixed close in the week ending July 15 following a uniformly strong close in the previous week. Inflation worries roiled the broader market in the past week as the metric climbed to a fresh 40-year high in June. This in turn reignited worries regarding a string of aggressive rate hikes.

BMWYY

Read More

Here’s Why Ford Stock Is Falling Today

Ford Motor Company (NYSE: F) shares are trading lower by 2.93% to $11.22 Wednesday. Stocks across sectors are trading lower after CPI data showed worse-than-expected June inflation. A rise in inflation has caused concerns of a potential recession and more aggressive Federal Reserve policy.

F