Beijing, China, July 14, 2025 (GLOBE NEWSWIRE) -- Elong Power Holding Limited (“Elong Power” or the “Company”) (Nasdaq: ELPW), a provider of high power battery technologies for commercial and specialty alternative energy vehicles and energy storage systems, today announced that it had received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that, because it had not yet filed its Form 20-F for the fiscal year ended December 31, 2024 (the “Form 20-F”), it ...

Hello and welcome to Morning Brief Market Sunrise. I'm Josh Schaefer in for Rams on Carmali live from Yahoo Finance's studios in New York. It's Monday, July 14th.We'll have the reaction to President Trump's latest tariff announcements, his latest letters to countries over the weekend threatened 30% duties on Mexico and the European Union. Plus, we'll delve deeper into the rally in alternative assets with cryptocurrencies and precious metals once again pressing to new records. And finally, the countdown is o ...

Core Viewpoint - Rivian Automotive is facing both opportunities and challenges, with the potential elimination of a significant revenue source from regulatory credits posing a risk to its financial viability [1][4][6]. Group 1: Company Performance and Future Prospects - Rivian achieved several consecutive quarters of positive gross margins and plans to begin production of three new vehicles priced under $50,000 early next year, which could attract millions of new buyers [1]. - In 2024, Rivian generated $325 million in revenue from the sale of automotive regulatory credits, which contributed significantly to its gross profit [4][6]. - The company sold approximately $300 million worth of regulatory credits in Q4 2024, while its total gross profit was around $170 million, indicating reliance on these credits for profitability [6][11]. Group 2: Impact of Legislative Changes - The recent budget bill signed into law will phase out EV tax credits by the end of 2025, which could lead to increased prices for consumers and a potential drop in demand [3][4]. - The elimination of fines for noncompliant automakers in the new budget bill may reduce the incentive for these automakers to purchase excess regulatory credits, impacting Rivian's revenue from this source [6][12]. - Analysts estimate that around 75% of Tesla's credits are earned in the U.S., with about half from federal programs, suggesting Rivian could face a significant reduction in credit sales and profit if similar proportions apply [10]. Group 3: Long-term Outlook - Despite the challenges posed by the elimination of federal regulatory credits, Rivian is still expected to maintain a gross profit of around $50 million, indicating some resilience [11]. - The company's stock is trading at 2.8 times sales, reflecting low expectations, and while the elimination of federal credits won't be catastrophic, it may extend the timeline for growth initiatives [12]. - Rivian may need to adjust its cash flow and potentially delay some growth initiatives to ensure the timely launch of its mass-market vehicles, but it remains a promising long-term growth stock for patient investors [13].

In today's market, while valuations are important, there are other factors impacting the movement of stocks, such as investment flows and sentiment. Part of this has to do with the rise of exchange-traded funds (ETFs), passive investing, and algorithmic trading. Understanding sentiment is important because it tells investors where flows are focused and what companies could be prone to big moves.The large brokerage Interactive Brokers recently released data showing the 25 hottest stocks on its platform. The ...

The UK plans to introduce new incentives to make it cheaper for people to buy new electric vehicles as the Labour government attempts to phase out the sale of polluting cars https://t.co/zba8208Tfc ...

Lucid Group (LCID -1.93%) is a startup automaker attempting to take on industry giants. That's a tall order, and as such, most investors are probably better off watching this company from the sidelines. However, for more aggressive investors, the company's award-winning technology in what is still a relatively new electric vehicle (EV) niche could make it worth the risk, particularly while the stock is trading below $2.50 per share.Here's what you need to know.Lucid is trying to build its business in more w ...

Group 1 - The "Big, Beautiful Bill" signed by President Trump on July 4 is expected to influence the capital markets and the electric vehicle (EV) market, particularly benefiting Tesla [2][4][14] - The bill includes provisions that may roll back EV tax credits, which were previously incentivized under the Inflation Reduction Act [4][12] - Tesla's stock has reacted negatively to the bill, with shares declining significantly following the announcement and signing of the legislation [6][13] Group 2 - Despite the potential removal of EV tax credits, there is a contrarian view that this could create demand tailwinds for Tesla as consumers rush to purchase EVs before the incentives are phased out [8][12] - Tesla's production and delivery figures have shown a deceleration in growth, with automotive revenue experiencing year-over-year declines in several quarters [9][11] - The current market dynamics, including the influence of the "Big, Beautiful Bill" and other factors such as Tesla's robotaxi launch and CEO Elon Musk's political activities, are impacting Tesla's stock performance [14][15]

In Brief Tesla is nearly ready to start selling its electric vehicles in India, according to Bloomberg News, after years of flirting with the idea. The company is about to open its first showroom in Mumbai and could start deliveries as early as August, according to the report.A few hours after Bloomberg published its report, Tesla created an account specifically for its Indian operation on CEO Elon Musk’s social media platform X. The account has one post so far: an illustration of the Mumbai skyline with th ...

Group 1: Core Insights - JPMorgan analyst Ryan Brinkman has identified Tesla Inc and Rivian Automotive Inc as top short ideas for the second half of 2025 due to high valuations, decreasing subsidies, and a disconnect between market expectations and reality [1][5] Group 2: Tesla Analysis - Tesla is currently trading at a forward earnings multiple of 142x, significantly higher than the average of 25.2x for the Magnificent 7 [2] - JPMorgan forecasts a third consecutive year of earnings per share (EPS) declines for Tesla, attributed to thinner margins, reduced government subsidies, and challenges with its robotaxi initiative [3] Group 3: Rivian Analysis - Rivian is trading just above $13, facing significant cash burn and challenges due to slashed EV subsidies and rising tariffs, which may hinder its ability to reduce EBITDA losses and free cash outflows [4] Group 4: Industry Outlook - The electric vehicle (EV) market is experiencing economic challenges, with diminishing government support and increasing competition, suggesting that investors may be overvaluing current EV stocks based on future expectations [5]

After plummeting 28.3% in 2024, Lucid (LCID -1.50%) investors were very much looking forward to ringing in 2025, hoping that the luxury electric vehicle (EV) maker would recover from the previous year's decline.But those hopes were dashed through the first half of 2025. According to data provided by S&P Global Market Intelligence, shares of Lucid dropped 30.1% through the first six months of 2025. Several potholes sabotaged Lucid stock's drive through the first half of the yearWhile Lucid reported strong fo ...