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- UBS Says Ford’s EV Restructure ‘Makes Sense’ as It Eyes Increased Efficiency
- Canadian Interest in China-Made EVs Tempered by Data Concerns, Survey Shows
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Lucid Stock Plunges to New Low as TD Cowen Nearly Halves Price Target
TD Cowen analyst Itay Michaeli has nearly halved the firm’s price target on Lucid Motors on Wednesday while maintaining a Hold rating, the second cut of the day as Wall Street firms weigh in on the leadership and financial announcements shared on Tuesday.
Sweden Warns Tesla FSD Could Be Restricted to Newly Built Vehicles
Tesla’s Full Self-Driving (Supervised) may be limited to newly manufactured vehicles in Sweden, with the country’s transport regulator signalling that cars already on the road may not be covered by the EU approval process now under way.
Baird Cuts Lucid Price Target Despite $1.05B Raise, New CEO
Baird analyst Ben Kallo lowered his price target on Lucid Motors, a day after the EV maker announced a new permanent CEO, expanded its purchase deal with Uber, secured fresh funding from Saudi Arabia’s Public Investment Fund, and launched a $300 million stock offering.
Tesla Continues Capturing German Households While VW’s EV Push Runs on Fleet Deals
Tesla’s Model Y was the best-selling electric vehicle in Germany in March with 6,841 new registrations — and 86% of those went to private buyers.
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