Fiat Chrysler Archives

Tesla Becomes Most Valuable Auto Company in the World after Impressive Deliveries and Rollout of Tesla Energy’s Autobidder Platform

July 6, 2020 Jay Yi

Last week, Tesla, the global leader in the EV industry, surpassed Toyota as the world’s largest car manufacturer by market capitalization, reaching a value of over US$250 billion after reporting impressive deliveries for Q2/2020. In the past week, Tesla’s stock price continued to surge by over 20% to US$1,372 per share. [more]

Nikola Completes Merger and Drives onto the NASDAQ

June 10, 2020 Israel Pinheiro

Stock price doubles in the first week and market cap briefly surpasses Ford with $10B in pre-booked revenue but sales forecasted to start only in 2021. [more]

World’s First Autonomous Ride-hailing Company Raises $2.3B

March 7, 2020 Jay Yi

Waymo, a subsidiary of Alphabet Inc. focused on autonomous driving, announced this week its first external investment round, to be used towards supporting its current strategy of expanding partnerships. [more]