Tesla Sales Drop 8.6% as BYD Takes Global EV Lead
Tesla's 2025 vehicle deliveries fell to 1.64M units, losing ground to BYD's 2.26M EVs. Fourth-quarter sales dropped 16% amid tax credit loss and rising competition.
Tesla's 2025 vehicle deliveries fell to 1.64M units, losing ground to BYD's 2.26M EVs. Fourth-quarter sales dropped 16% amid tax credit loss and rising competition.
Rivian delivered 42,247 EVs in 2025, down 18% year-over-year, missing analyst expectations as the company prepares to launch its affordable R2 SUV in 2026.
Sable Offshore (SOC) shares jump 18% after a federal court allows progress toward restarting its Santa Ynez oil operations, despite ongoing legal challenges.
UBS believes Under Armour is undervalued, sees strong brand power, and expects 25% annual earnings growth over the next five years.
Baidu's AI chip subsidiary Kunlunxin files for Hong Kong listing as Chinese chipmakers capitalize on investor interest and Beijing's push for semiconductor independence from U.S. technology.
Barclays upgraded Vertiv stock to Overweight, raised its price target to $200, and sees strong earnings upside in 2026 and 2027 after the recent selloff.