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Stockreport

EU drops 2035 combustion engine ban as global EV shift faces reset [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
new combustion-engine cars from 2035 after pressure from the region's auto sector, marking the bloc's biggest retreat from its green policies in recent years. The move, which still needs approval from EU governments and the European Parliament, ?would allow continued sales of some non-electric vehicles. Carmakers in regional industrial powerhouse Germany and in Italy had sought easing of the rules. The EU executive appears to have bowed to ?calls from carmakers to keep selling plug-in hybrids and range extenders that burn fuel as they struggle to compete against Tesla and Chinese electric vehicle makers. "Opening up the market to vehicles with combustion engines while compensating for emissions is pragmatic and in ?line with market conditions," said Germany's Volkswagen, Europe's biggest carmaker by volume. It added that the draft proposal for new CO2 targets was "economically sound overall", and lauded support for small electric vehicles and more flexible targets for 2030. [Read more]
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Stockreport

EU drops 2035 combustion engine ban as global EV shift faces reset [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
new combustion-engine cars from 2035 after pressure from the region's auto sector, marking the bloc's biggest retreat from its green policies in recent years. The move, which still needs approval from EU governments and the European Parliament, ?would allow continued sales of some non-electric vehicles. Carmakers in regional industrial powerhouse Germany and in Italy had sought easing of the rules. The EU executive appears to have bowed to ?calls from carmakers to keep selling plug-in hybrids and range extenders that burn fuel as they struggle to compete against Tesla and Chinese electric vehicle makers. "Opening up the market to vehicles with combustion engines while compensating for emissions is pragmatic and in ?line with market conditions," said Germany's Volkswagen, Europe's biggest carmaker by volume. It added that the draft proposal for new CO2 targets was "economically sound overall", and lauded support for small electric vehicles and more flexible targets for 2030. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS