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In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT CFOTO | Future Publishing | Getty Images Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used car retailer’s recent turnaround is a “mirage” that’s being propped up by unstable loans and accounting manipulation. The report centers on Carvana’s
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By Zachary Visconti Posted on December 30, 2024 Lucid Motors has officially begun deliveries of its long-awaited Gravity SUV, after the company has talked the electric vehicle (EV) up throughout much of this year and following initial production beginning a few weeks ago. After Lucid officially began producing the Gravity at its Casa Grande, Arizona
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Ursula von der Leyen, president of the European Commission, during a news conference at the Mercosur Leaders Summit in Montevideo, Uruguay, on Friday, Dec. 6, 2024. Bloomberg | Bloomberg | Getty Images The European Union’s blockbuster trade deal with South America’s Mercosur bloc is widely regarded as highly controversial, with EU member states split over
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In what couldn’t have been more on-the-nose timing, a group of local California newspapers published an editorial on Christmas Eve calling for the end of a generous $2,000 voucher program intended to help low-income Californians afford electric bicycles for transportation. The editorial was provided by the Southern California News Group, a collection of California newspapers
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Eaton proved to be something of an artificial intelligence dark horse in 2024 — riding the AI investment wave with best-in-class power management solutions. A big backlog of projects should keep the company busy for the foreseeable future. Year-to-date performance: up 40.2% Forward price-to-earnings multiple: 28.0 versus a five-year average of 22.3 Our rating: Hold-equivalent
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Honda and Nissan are discussing a merger that could be finalized in 2026 Mitsubishi has been invited to join the party Nissan, in particular, is struggling, and an insider recently warned the automaker only has 12–14 months to survive On Monday Honda and Nissan confirmed merger talks are underway with a signed agreement for timelines
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The first sale will happen at Barrett-Jackson’s upcoming Scottsdale auction All proceeds will benefit the American Red Cross Customer deliveries for the ZR1 are scheduled to start in early 2025 With the arrival of the 2025 Chevrolet Corvette ZR1 and its screaming twin-turbocharged V-8 capable of hitting 1,064 hp, America’s sports car is verging on hypercar
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Open Extended Reactions Formula 2 runner-up Isack Hadjar will replace Red Bull-bound Liam Lawson at RB in 2025. Editor’s Picks 1 Related French driver Hadjar, 20, will step up to partner Yuki Tsunoda at the junior team. Lawson’s move to the senior Red Bull team as the replacement for the outgoing Sergio Perez was confirmed
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Dec 20, 2024, 09:54 AM ET Open Extended Reactions Yuki Tsunoda will represent experience and continuity at Racing Bulls next year but, passed over for promotion, the Japanese looks to be running out of road at the Red Bull-owned Formula 1 team. Editor’s Picks 2 Related A flurry of Red Bull announcements culminated on Friday
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