News
US Gasoline Inventory Declines Drive Holiday Prices To Four Year Highs
12+ hour, 4+ min ago (325+ words) Fourteen consecutive weeks of declining United States gasoline inventories have pushed Memorial Day weekend fuel prices to four-year highs, as reported by Detik Finance. A structural supply deficit persists as domestic rig expansion lags and global crude prices maintain elevated…...
Cathie Wood Praises Tesla Model S For Sparking Tech Revolution
13+ hour, 59+ min ago (244+ words) ARK Invest founder Cathie Wood praised the Tesla Inc. Model S following the termination of its production for triggering a technological revolution led by Elon Musk across artificial intelligence, robotics, and outer space exploration, as reported by Detik Finance. Wood…...
Stellantis Announces Sweeping 60 Billion Euro Revival Plan
4+ hour, 21+ min ago (197+ words) On Thursday, Big Three automaker Stellantis announced a sweeping "60 billion ($69. 6 billion) revival plan that includes introducing 60 new models this decade. Naturally, its New York-listed shares made only limited gains through the end of the week, while rival Ford, which didn't…...
Ford Plans European Expansion With Seven New Vehicles By 2029
12+ hour, 8+ min ago (282+ words) Ford Motor Co. Chief Executive Officer Jim Farley announced on Thursday, May 21, 2026, a strategic initiative to expand the automaker's footprint in the European market through the introduction of multiple new vehicles and advanced powertrains, as reported by Detik Finance. The…...
Space X IPO Threatens Tesla Stock Attractiveness
1+ day, 15+ hour ago (267+ words) The upcoming commercial spaceflight giant Space X initial public offering in June poses a potential threat to Tesla Inc. shareholders, as reported by Detik Finance. Financial experts warn the market debut could divert both investor capital and CEO Elon Musk's…...
Archer Aviation Advances Toward FAA Type Certification For Flying Taxis
1+ day, 14+ hour ago (202+ words) Archer Aviation has hit a major milestone in its push to make urban air mobility a commercial reality. As quoted from Detik Finance, the firm has advanced significantly through the Federal Aviation Administration (FAA) approval process, bringing electric vertical take-off…...
Pony AI Drives Autonomous Commercialization Despite Massive Year To Date Stock Drop
1+ day, 19+ hour ago (283+ words) Pony AI Inc. continues to advance its autonomous driving commercialization despite facing significant market pressure. Dikutip dari Detik Finance, the stock has dropped nearly 40% year-to-date as of May 20, 2026, hitting a 52-week low on May 18, 2026. The company remains highly oversold in…...
European Carmakers Offer Surplus Factory Capacity to Rising Chinese EV Rivals
1+ day, 20+ hour ago (292+ words) This strategy emerges as local titans face difficulties selling enough vehicles to operate their massive assembly networks profitably. The collaborative deals allow Chinese firms to establish themselves as regional manufacturers, enabling them to bypass European Union tariffs and localized assembly…...
Ilika Ships First Commercial Stereax Batteries to Cirtec
2+ day, 57+ min ago (326+ words) Ilika PLC has achieved its initial commercial milestone by delivering its first commercial-grade cathode material to manufacturing partner Cirtec, as reported by Detik Finance from a recent company announcement ahead of its July financial results. The company recorded its first…...
Tesla Raises Model Y Lineup Prices for First Time in Two Years
2+ day, 2+ hour ago (313+ words) Tesla, Inc. has increased the prices of its Model Y vehicles in the United States, as reported by Reuters and quoted from Detik Finance. This decision represents the first price hike for this specific vehicle lineup in a two-year period....