|Bid||5.45 x 1200|
|Ask||5.46 x 4000|
|Day's range||5.33 - 5.56|
|52-week range||4.97 - 17.81|
|Beta (5Y monthly)||1.06|
|PE ratio (TTM)||N/A|
|Earnings date||06 Nov 2023 - 10 Nov 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||7.46|
Saudi Arabia is in early talks with U.S. electric automaker Tesla to set up a manufacturing facility in the kingdom, the Wall Street Journal reported on Monday, citing sources familiar with the matter. The report comes just hours after Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a vehicle factory in Turkey, according to the country's communications directorate. Musk also met Israeli Prime Minister Benjamin Netanyahu in California on Monday.
Chinese EV company XPeng (XPEV) announced that it will be buying Didi's (DIDIY) smart car unit in a deal worth up to $774 million. Yahoo Finance Reporter Pras Subramanian explains the advantages of the deal, saying that “XPeng is getting Didi’s expertise with ride-hailing and autonomous technology.” Subramanian notes the competitiveness within the Chinese EV space and that XPeng’s new deal with Didi could help it get an edge over the competition.
At this year’s Monterey Car Week, electric vehicle maker Lucid was quietly creating some buzz with its EVs, recent price changes, and upcoming SUV.