During the latter half of 2020, the electric vehicle market has experienced unprecedented growth, both domestically and internationally. Tesla’s ever-increasing dominance has owned both markets since the first quarter. But recently, the American titan is facing reputable competition in companies from the world’s largest electric vehicle market: China. Wedford describes this international stock rally best […]
Tag: electric vehicles
Week of 11/16/2020 Recap
A recap of the past week in 3 short headlines. 1. A Slow Week for Stocks With the end of the highly-contested election cycle, the market has remained relatively stable as we head into the winter holidays. The Dow Jones dropped 0.74%, the S&P 500 fell -0.77%, while the NASDAQ gained 0.22% on the quiet […]
Tesla and the Future of Electric Vehicles
In recent years, the automotive industry has begun the gradual change from combustion-engine vehicles to electric vehicles (EV). For the most part, one company has been spearheading this change: Tesla. Why has Tesla succeeded when so many other startups have failed? What impacts has EV technology had on the market? And how are other companies […]