
Polestar Automotive Holding UK PLC Class C-1 ADS (ADW) (PSNYW)
Company News
Chewy's stock price fell 6% after an analyst downgraded the company's recommendation to neutral following its Q3 earnings report, despite some analysts raising their price targets. Investors expect strong growth from retail stocks, and Chewy's 5% year-over-year revenue increase was seen as insufficient.
Ford reverses course after not including broadcast AM radio in its EVs and making plans to remove it from most new gasoline-powered vehicles starting in 2024.
In 2021, Hertz Global Holdings Inc (NASDAQ: HTZ) was in the midst of a nationwide rollout of Tesla Inc (NASDAQ: TSLA) vehicles in the U.S. for its car rental program. What Happened: With lower maintenance and fueling costs, Hertz saw an opportunity to expand its rental fleet while potentially increasing profit per vehicle. Hertz then partnered with Uber Technologies ...