Esha Dey

Business, Technology, Equipment

Tesla’s Blowout Deliveries Lift Shares Even as Smaller Peers Lag

Tesla Tesla's Elon Musk. (Mark Lennihan/Associated Press)

Tesla Inc. first-quarter delivery numbers blew past analysts’ estimates, helping the stock fend off a slide in the broader electric vehicle industry amid growing skepticism about the future of President Joe Biden’s infrastructure bill.

Esha Dey | Bloomberg News
April 6, 2021
Government, Business, Technology, Fuel, Autonomous

EV Stocks Climbing Back on Biden’s ‘Green Tidal Wave’

A Tesla Inc. Model S electric vehicle A Tesla Inc. Model S electric vehicle. (Angel Garcia/Bloomberg News)

Electric vehicle stocks, which were hit hard this year as investors shifted out of growth industries, are getting a boost as President Joe Biden mounts a major push to accelerate the adoption of battery-powered cars, and Chinese peers report strong March sales.

Esha Dey | Bloomberg News
April 1, 2021
Business, Technology, Fuel

Lordstown Motors Sets Debut Report Without EV Pickups to Show Off

The Lordstown Motors Endurance electric pickup sits on stage during an unveiling event in June 2020. The Lordstown Motors Endurance electric pickup sits on stage during an unveiling event in June 2020. (Matthew Hatcher/Bloomberg News)

Lordstown Motors Corp.’s first-ever quarterly report is likely to be overshadowed by broader concerns about customer demand and progress on getting production going at the electric-vehicle startup.

Esha Dey | Bloomberg News
March 17, 2021
Business, Technology, Fuel

Tesla Roars Toward Biggest Gain in Over a Year

Tesla Teslas being delivered. (Patrick T. Fallon/Bloomberg News)

Investors rushed back into Tesla Inc. shares on March 9, putting a screeching halt to a five-day slump, and pushing the stock to its biggest gain in more than a year.

Esha Dey | Bloomberg News
March 9, 2021
Government, Business, Technology, Fuel, Autonomous

Workhorse Passed Over as Oshkosh Wins USPS EV Contract

USPS' Next Generation Delivery Vehicle A view of the Next Generation Delivery Vehicle to be built by Oshkosh Corp. for USPS. (United States Postal Service)

Electric-vehicle maker Workhorse Group Inc. plunged on Feb. 23, triggering multiple trading halts, after a key U.S. Postal Service contract that some had expected it to win went to rival Oshkosh Corp. instead.

Esha Dey | Bloomberg News
February 24, 2021
Business, Technology, Fuel

EV Mania Propels Record Legacy Automaker Gains in 2021

A GM Chevrolet Bolt electric vehicle charges outside the company's headquarters in Detroit. A GM Chevrolet Bolt electric vehicle charges outside the company's headquarters in Detroit. (Jeff Kowalsky/Bloomberg News)

Investors are rewarding U.S. automakers as they embrace electric vehicles to boost growth amid a burgeoning demand for environment-friendly cars.

Esha Dey | Bloomberg News
January 21, 2021
Business, Technology, Fuel, Autonomous

Tesla Slides on First Day of Trading on S&P 500 Index

A Tesla charging station is seen in the U.K. on Dec. 15. (Chris Ratcliffe/Bloomberg News) A Tesla charging station is seen in the U.K. on Dec. 15. (Chris Ratcliffe/Bloomberg News)

Tesla Inc. was among the biggest drags on the S&P 500 in its first day of trading on the benchmark.

Esha Dey | Bloomberg News
December 21, 2020
Business, Technology, Autonomous

Tesla Hits $500 Billion Mark; Musk Overtakes Gates

Tesla vehicles are displayed in a showroom in Manhattan in April 2019. Spencer Platt/Getty Images

Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24.

Esha Dey | Bloomberg News
November 24, 2020
Government, Business, Technology, Fuel

EV Optimism Surges on Prospect of Biden Administration

The ElectraMeccanica Solo is a three-wheeled battery-electric vehicle. The ElectraMeccanica Solo is a three-wheeled battery-electric vehicle. (ElectraMeccanica Vehicles Corp.)

Electric vehicle startups extended their winning streak on Nov. 13, buoyed by strong earnings results from some of their peers and Joe Biden’s projected presidential win.

Esha Dey | Bloomberg News
November 13, 2020
Government, Business, Technology, Fuel

Election Outcome Could Stir Up Electric Vehicle Industry

Tesla vehicles charge at a station in San Mateo, Calif., on Sept. 22. Tesla vehicles charge at a station in San Mateo, Calif., on Sept. 22. (David Paul Morris/Bloomberg News)

Both of the major-party presidential candidates have said they support electric vehicles, but a Joe Biden win could bring changes to significantly speed up the adoption of cars and trucks built by the likes of Tesla Inc. and Nikola Corp.

Esha Dey | Bloomberg News
November 2, 2020

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