Tuesday Ticker: Tesla shares up 102 percent year-to-date; Lucid seeks $3b through stock offering
Toronto, Ontario — This weekly Tuesday Ticker has its eyes on electric, with updates on Tesla’s current win streak and a lens on Lucid’s recent round of funding. Tesla up nearly ten percent Tesla stock is up nearly ten percent over the last five days, despite a voluntary safety recall on certain Model Y vehicles. […]
Tuesday Ticker: VW makes largest-ever single investment in Canadian EV supply chain; Toronto-based car auction platform makes plans to delist
Toronto, Ontario — Read all about the largest-ever investment in the Canadian EV supply chain and how a Toronto-based online retailer plans to delist from the Toronto Stock Exchange in this weekly Tuesday Ticker. Big bucks for batteries The Canadian government and Volkswagen have committed more than $20 million toward the planned St. Thomas, Ont. […]
Tuesday Ticker: Wall Street speculates Rivian results; Li-Cycle receives loan
Toronto, Ontario — In this weekly Tuesday Ticker, analysts speculate Rivian’s impending 2022 Q4 and full year results, while Li-Cycle receives an financial sum from the U.S. Department of Energy. Rivian watch Electric vehicle company Rivian is set to announce its 2022 Q4 and full year results on Tuesday after the markets close. The company […]
Tuesday Ticker: Toyota remains world’s top-selling automaker; EV stocks rally and drop
Toronto, Ontario — Toyota remains the top-selling automaker globally, but not in Canada; Lucid and other EV stocks see a short-lived increase and Uni-Select prepares to unveil its Q4 2022 results in this weekly Tuesday Ticker. Toyota on top Toyota sold more than 10.5 million vehicles in 2022, retaining its spot as the world’s top-selling […]
Tuesday Ticker: CAMI kicks off electric delivery truck production; Rivian makes first deliveries to B.C. market
Toronto, Ontario — In this weekly economical report, General Motors starts up EV assembly lines in Ontario; Rivian makes its first Canadian deliveries and promises increased production in Q4 while the Canadian pension fund offloads some electric shares. Bring on BrightDrop The CAMI Assembly plant in Ingersoll, Ont.—which General Motors spent seven months and more […]
Tuesday Ticker: May 10, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada picks up two luxury dealerships in Ontario, teasing the potential to expand its collision services; Uni-Select reports a “strong start” to the year with its Q1 2022 financial results, and a Toronto-based parts maker sees big drops in net profits. Leaning on luxury AutoCanada added two […]
Tuesday Ticker: May 3, 2022
Toronto, Ontario — This week, LKQ beats out analyst estimates with its Q1 2022 earnings report; Volkswagen considers Canada for future electrified business and Tesla CEO Elon Musk makes a deal to buy Twitter. LKQ’s leap LKQ reported its Q1 2022 earnings last week, beating out analyst estimates with earnings of US$1 per share. Zacks […]
Tuesday Ticker: February 8, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, Magna makes its moves into the autonomous technology realm with its acquisition of Optimus Ride; an Ontario based auction house marks a stellar start to 2022 and Ford dog-ears huge sums for EV development. Magna moves into autonomous tech Magna International has hired more than 120 employees […]
Tuesday Ticker: February 1, 2022
Toronto, Ontario — This week, Rivian buckles down in a mission to meet 2022 delivery goals; Bentley allocates nearly CAD$4 billion to sustainability efforts and Uni-Select preps to unveil its Q4 2021 results. Rivian’s rest Rivian said it’s planning to ramp up its production to “almost 200 delivery-ready units per week,” according to sources from […]
Tuesday Ticker: January 4, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, Tesla nearly meets its delivery goal for 2021—prompting big gains—while Hyundai plans the funeral for its internal combustion engine development unit. Tesla tops it off Tesla was quite outspoken in 2021 regarding its million-vehicle delivery goal but, according to a company release from Sunday, the company came […]
