This Is the Biggest Risk With Super Micro Computer Stock
Super Micro Computer's business grew its sales by 19% last quarter, but its gross profit declined.The company's gross margins have fallen to less than 10%, which can make it difficult to grow its bottom line.
Cathie Wood Dumps Palantir As Stock Touches Peak Prices, Bails On Soaring Flying-Taxi Maker Archer Aviation
On Tuesday, Cathie Wood‘s Ark Invest made significant moves by selling shares of $Palantir Technologies Inc.(PLTR)$ and $Archer Aviation Inc.(ACHR)$. These trades come as both companies experience not
Tesla’s Sales Plunge 76% in Germany Amid Musk’s Electioneering
Tesla Inc.’s registrations plummeted in Germany last month as Chief Executive Officer Elon Musk irked voters taking part in the country’s closely contested federal election.Sales plunged 76% to 1,429 cars, according to the German Federal Motor Transport Authority. Tesla’s showing was in stark contrast with overall electric vehicle registrations, which jumped 31% in February.Musk endorsed the far-right Alternative for Germany in the months leading up to the Feb. 23 election, throwing his weight b
9024 ev for 2024 up 10%....if its same NiO numbers then stock price up 100% 😂
Lucid Aims to Double EV Production This Year, Stock Rallies 10%
Shares of Lucid Group Inc. rose by as much as 12% in after-hours trading Tuesday after the luxury EV maker narrowed its quarterly loss, announced a CEO change, and said it aims to more than double its production this year.Lucid said it produced 3,386 vehicles in the fourth quarter and 9,029 vehicles in 2024, in line with its 2024 guidance of 9,000 vehicles.For 2025, Lucid guided to produce about 20,000 vehicles. The EV maker ended the fourth quarter with about $6.13 billion in liquidity.Fourth-quarter revenue hit $234.5 million, ahead of FactSet consensus for $214.1 million. The company's adjusted loss for the quarter came in at 22 cents a share, versus expectations of an adjusted loss of 25 cents a share.Lucid said that it appointed Chief Operating Officer Marc Winterhoff as its interim chief executive, and CEO Peter Rawlinson will serve as a technical advisor to the board chair, stepping aside as top executive. Lucid did not provide more details about the transition.This content wa
On November 7, 36kr reported that Nio (NYSE: NIO) provided its supply chain with a 2024 sales forecast of more than 230,000 units, Xpeng (NYSE: XPEV) of more than 280,000 units and Li Auto of more than 800,000 units. Li Auto only 500,000 units??? How about Xpev??
Li Auto Sees Total Deliveries in 2024 Reach 500,000 Units
Li Auto reached its 500,000th delivery in 2024 today at 18:18 Beijing Time, meaning it has delivered around 58,000 vehicles so far this month.