GreenCarNewsBreaks Archive - Page 3 of 56

WednesdayMar 26, 2025 10:35 am

GreenCarNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Stock Rises for Fifth Consecutive Session Amid Analyst Optimism

Tesla (NASDAQ: TSLA) has achieved its fifth consecutive day of stock gains, closing at $288.14 on Tuesday, March 25, 2025. This 3.5% increase brings the stock up 28% over the past five days, reversing a two-month decline. The rally comes despite reports of falling sales in the European Union for the second consecutive month. Analysts attribute the surge to CEO Elon Musk's encouragement for employees to retain their shares and confidence in Tesla's self-driving and robotics technology. Key resistance levels to monitor include $300, $385, and $680, while support levels are identified at $217 and $155. As of 10:13…

WednesdayMar 26, 2025 10:06 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports Record Revenue Surge Driven by Commercial EV Sales

Mullen Automotive (NASDAQ: MULN) announced record GAAP revenue of $3.18 million as of March 21, 2025, marking a 189% increase over its total 2024 revenue of $1.1 million. The surge reflects strong momentum in sales of its commercial EVs, including the Mullen ONE cargo van and Mullen THREE cab chassis truck, both of which are fully certified under U.S. emissions and safety standards. The company also highlighted progress from its Bollinger division, which began delivering its all-electric Class 4 B4 Chassis Cab truck in October. CEO David Michery stated the fiscal Q2 will close as the company’s strongest revenue quarter…

TuesdayMar 04, 2025 1:25 pm

GreenCarNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Price Target Cut 22% by Bank of America on Tariff Risks

Tesla (NASDAQ: TSLA) saw its price target slashed by 22% at Bank of America, with analysts lowering their outlook from $490 to $380. The downgrade reflects growing concerns over potential tariff risks that could impact Tesla’s supply chain and sales, particularly as trade tensions between the U.S. and key international markets escalate. Analysts cited uncertainty surrounding electric vehicle demand and higher production costs as additional headwinds for the automaker. As of the latest trading session, Tesla shares traded at $268.47, down 5.7% on the day. The stock has fluctuated between an intraday high of $285.86 and a low of $262.00.…

ThursdayFeb 27, 2025 12:00 pm

GreenCarNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Market Cap Drops Below $1 Trillion as Stock Declines on Weak European Sales

Tesla (NASDAQ: TSLA) has experienced a significant decline in its market capitalization, falling below the $1 trillion mark for the first time since November 2024. This downturn is primarily due to a substantial 45% drop in European sales in January, where Tesla sold 9,945 vehicles compared to 18,090 in the same period last year. This decline starkly contrasts with the overall 37.3% increase in electric vehicle sales across Europe during the same timeframe. Additionally, CEO Elon Musk's involvement with the Trump administration's Department of Government Efficiency ("DOGE") has sparked protests and raised concerns about potential damage to Tesla's brand image,…

ThursdayFeb 27, 2025 10:20 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers Mullen ONE EV Cargo Van to Orange County, North Carolina

Mullen Automotive (NASDAQ: MULN) announced the purchase and delivery of its Mullen ONE Class 1 EV cargo van to Orange County, North Carolina, for deployment by the county’s Solid Waste Management Department. The order, fulfilled by National Auto Fleet Group, supports Orange County’s Climate Action Plan to transition its fleet to all-electric by 2025. Mullen’s commercial EVs, including the Mullen ONE and Mullen THREE, are available for purchase under Sourcewell’s contract, offering sustainable solutions for government agencies nationwide. To view the full press release, visit https://ibn.fm/QOEzS About Mullen Automotive Inc. Mullen Automotive is a Southern California-based automotive company building the…

WednesdayFeb 26, 2025 10:30 am

GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Joins Sourcewell Contract for Government EV Purchases

Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced that its all-electric commercial vehicles, the Mullen ONE Class 1 EV cargo van and Mullen THREE Class 3 EV cab chassis truck, have been added to National Auto Fleet Group’s (NAFG) Sourcewell contract. This approval allows government agencies and educational institutions to purchase Mullen’s commercial EVs through NAFG without lengthy bidding procedures. Sourcewell, a government agency that streamlines procurement, offers competitively solicited contracts, making fleet acquisition more efficient. NAFG, a California-based dealer, is also an approved California Air Resource Board (“CARB”) HVIP dealer, enabling significant incentives on the Mullen THREE, including…

ThursdayFeb 20, 2025 1:47 pm

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Partners With EO Charging to Support Bollinger Motors’ Fleet Electrification

Mullen Automotive (NASDAQ: MULN) announced a strategic partnership with EO Charging to provide comprehensive electrification solutions for Bollinger Motors' commercial fleet customers. EO Charging will offer charger installation, 24/7 support, and its advanced EO Cloud management system, ensuring over 99% uptime. This collaboration enhances the Bollinger B4’s market readiness by integrating proven charging infrastructure, supporting fleet operators in a seamless transition to electric vehicles. Bollinger Motors, which began delivering its Class 4 Bollinger B4 in October, continues expanding its dealer network and regulatory achievements. To view the full press release, visit https://ibn.fm/stxOh About Mullen Automotive Inc. Mullen Automotive is a Southern…

ThursdayFeb 20, 2025 11:25 am

GreenCarNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Stock Surges as Musk Envisions $2 Trillion Valuation

Tesla (NASDAQ: TSLA) has experienced a notable stock surge following CEO Elon Musk's ambitious projection of the company's market valuation reaching $2 trillion. This optimistic outlook is bolstered by Tesla's advancements in autonomous driving technology and energy solutions, positioning the company for significant growth in the coming years. As of 9:45 a.m. EST on February 20, 2025, Tesla's stock is trading at $353.82, with an intraday high of $364.05 and a low of $353.80. To view the full article, visit https://ibn.fm/iqQtU About Tesla Inc. Tesla's mission is to accelerate the world's transition to sustainable energy. Today, Tesla builds not only…

WednesdayFeb 19, 2025 10:16 am

GreenCarNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports Record Quarterly Revenue, Expands EV Sales and Battery Production

Mullen Automotive (NASDAQ: MULN) reported its strongest quarter to date, invoicing over $4.4 million and receiving $6 million for vehicle deliveries in Q1 FY2025. The company highlighted growth in its commercial EV segment, with new sales across multiple industries, including home services, floral, and coffee distribution. Bollinger Motors delivered 20 Class 4 B4 trucks, generating $2.8 million in revenue, while expanding its sales and service network to over 50 locations. Mullen also advanced its U.S. battery production capabilities with three new battery lines and a $55 million DOE funding request. Despite these developments, the company reported a net loss of…

WednesdayFeb 19, 2025 9:45 am

GreenCarNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Stock Rises After Musk and Trump Discuss Conflicts of Interest on Fox News

Tesla (NASDAQ: TSLA) shares experienced a slight uptick following a Fox News interview featuring CEO Elon Musk and President Donald Trump, moderated by Sean Hannity. The discussion centered on potential conflicts of interest, particularly Musk's leadership of the Department of Government Efficiency (DOGE). Despite concerns over political entanglements and recent debates about electric vehicle tax credits, investor sentiment toward Tesla remains stable. As of 7:44 AM EST on February 19, 2025, Tesla's stock is trading at $354.11, reflecting a slight decrease of $1.73 (0.49%) from the previous close. To view the full article, visit https://ibn.fm/Nzj3s About Tesla Inc. Tesla Inc.…

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