Shares of Rivian and Lucid rose Thursday as BNP Paribas sees the EV makers benefiting from President Donald Trump’s tax and spending bill ending electric vehicle tax credits https://t.co/6CCiLvAel8 ...

Key Takeaways Posco plans a U.S. lithium pilot plant with Anson Resources to test its Direct Lithium Extraction technology. PKX targets reducing dependence on Chinese suppliers to comply with new U.S. import restrictions. PKX aims to commercialize its DLE technology across North America's untapped lithium brine resources.Posco Holdings (PKX) has announced plans to develop a trial lithium processing plant in the United States in collaboration with Australia's Anson Resources. This is in sync with the compa ...

Key Takeaways TSLA Q2 deliveries fall 13.4% year over year to 384,122, missing Wall Street forecasts. Production issues are no longer a factor; rising inventories now point to a growing demand shortfall. An aging lineup, stronger rivals and Musk's polarizing image are weighing on Tesla's global sales.Tesla (TSLA) is facing a growing concern that can no longer be brushed aside — weakening deliveries. After its first-ever annual delivery decline in 2024, 2025 started on a rough note. Sales have fallen acros ...

Lucid (LCID 0.74%) investors are hopeful the new Gravity SUV will spur sales for the EV start-up.*Stock prices used were the afternoon prices of June 30, 2025. The video was published on July 2, 2025. ...

Group 1: Sales and Production Performance - Lucid delivered 3,309 vehicles in the second quarter, marking a 6% increase in sales from the previous period and setting a new sales record for the company [1] - The company produced 3,863 vehicles in the second quarter, nearly 1,000 more than the previous period, with a total of 6,075 vehicles produced in the first six months of the year [1][2] Group 2: Production Goals and Challenges - Lucid aims to meet an annual production goal of 20,000 vehicles, but currently faces a gap of nearly 14,000 vehicles to fill [2] - To achieve this target, the company needs to ramp up production of its new all-electric Gravity SUV, which began production in December 2024 [3] Group 3: Management Insights and Market Conditions - CEO Marc Winterhoff indicated that production has been slower than desired due to tariff pressures and a focus on quality [3] - Winterhoff emphasized customer interest in the Gravity SUV to address concerns about demand, while also noting a modest supply chain bottleneck impacting timelines [4][6] Group 4: Sales Strategies - The company has initiated a new car program and sales to rental fleets, which may have contributed to the Q2 figures, although specific impacts remain unclear [7] - In the first quarter, Lucid sold approximately 300 cars to what it termed "rental companies," primarily leasing companies that leased the vehicles back to the automaker [8]

Electric vehicle giant Tesla Inc TSLA is seeing weaker demand for its vehicles in the United States for numerous reasons, including increased competition from foreign automakers launching new vehicles in the United States.While Tesla’s foe, BYD Co BYDDY, poses a threat to Tesla's global dominance, it could be another Asian automaker that disrupts Tesla in the United States.What Happened: On Wednesday, Tesla reported second-quarter deliveries of 384,122 units, down 13.5% year-over-year.While this was the com ...

Core Insights - Tesla experienced its steepest drop in quarterly vehicle deliveries, with approximately 384,000 EVs delivered in Q2, a 13.5% decrease from 444,000 in the same period of 2024 [1][2] - Despite the decline, Tesla's stock rose by 4.86% at market close, indicating Wall Street's belief that the results could have been worse [1][3] Group 1: Delivery Performance - The latest delivery figures align with analysts' average estimates, with Tesla's performance exceeding the most pessimistic forecasts [4][8] - Analysts noted that Tesla's total deliveries for the first half of the year reached roughly 720,700 EVs, necessitating over a million deliveries in the next two quarters to meet the annual target of 1,789,226 vehicles [11][10] Group 2: Market Challenges - Tesla faces multiple challenges, including a slowing EV market, rising competition, the potential removal of consumer EV tax credits, and brand damage linked to Elon Musk's political activities [2][15] - Analysts expressed concerns that Tesla may be "stretching itself thin" with projects like the robotaxi rollout and Optimus humanoid robot development, which could divert resources from core EV production [15][16] Group 3: Stock Market Reaction - Following the delivery report, Tesla's stock saw a significant increase, attributed to staying above the lowest Wall Street estimates and positive data from the Shanghai factory, which reported a 0.8% year-over-year increase in deliveries [13][14] - The Shanghai factory delivered 71,599 units in June, marking a 16% monthly increase, suggesting potential growth in the competitive Chinese market [14][13] Group 4: Future Outlook - Analysts believe that if the recent struggles are viewed as a temporary setback, Tesla could still maintain relevance in the market [9][10] - The introduction of a more affordable model could boost sales, although no updated timeline for its production has been provided [12]

So 384,122 vehicles in the second quarter. The thing about the data is it doesn't distinguished by geography, right. There is some monthly data from different jurisdictions around the world, but like go under the hood of the data.What did you learn from the print, Stephanie. Yeah. You know, I was thinking about we had our forecast call us last week and we were forecasting that Tesla would have a 21% year over year decline.So I think if you look at when the numbers start coming in, we'll probably see the num ...

As goes Norway, so goes the rest of the world.Combustion engine cars will be like the steam engine – quaint, but primitive.Alexander Kristensen (@LinkN01):So, in Norway 🇳🇴 97% of all cars sold in June were EV.Let that sink in. https://t.co/lT5KEZqklH ...

Core Insights - NIO Inc. reported a total of 24,925 vehicle deliveries in June, marking a year-over-year growth of 17.5%. For Q2, the company delivered 72,056 vehicles, which is a 25.6% increase compared to the same quarter last year and within the company's guidance range [1][9]. Delivery Performance - In Q2, NIO's namesake brand sold 47,132 cars, reflecting an approximate decline of 18% from the same quarter in 2024. The ONVO brand delivered 17,081 units, while Firefly delivered 7,843 units [2]. - The ONVO and Firefly brands have diversified NIO's product portfolio, contributing to sales momentum, but this growth appears to be at the expense of the core NIO brand [3]. Year-to-Date Performance - In the first half of 2025, NIO sold 114,150 vehicles, representing an increase of over 30% from the previous year. However, this growth is insufficient to meet the company's ambitious target of doubling sales to 330,000 vehicles in 2025 [4][5]. Competitive Landscape - Li Auto delivered 36,279 units in June and 111,074 vehicles in Q2 2025, with a modest growth rate of 2.3%. XPeng Inc. delivered 34,611 smart EVs in June, achieving a remarkable 224% year-over-year increase and setting a new quarterly record with 103,181 cars sold in Q2 [6][7]. Stock Performance - NIO's shares have declined approximately 19% year-to-date, compared to an 8% decline in the broader industry [8]. Valuation Metrics - NIO currently trades at a forward price-to-sales ratio of 0.45 and holds a Value Score of D, indicating potential concerns regarding its valuation [10].