You Searched For "vinfast" and got 18 results
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1 min read
Beware VinFast's meteoric rise – more than three-quarters of this year's SPAC debuts are trading below their float price
More than 75% of companies that made their market debuts in 2023 through a SPAC merger are trading …
Joseph Wilkins
1 min read
Veteran short-seller Jim Chanos calls soaring electric carmaker VinFast a '$200 billion meme stock'
Monday's close saw the Vietnamese EV firm's market capitalization hit an eye-watering $190 billion …
Joseph Wilkins
1 min read
VinFast loses almost half its value as shares hit the skids after spectacular $85 billion market debut
Shares in the Vietnamese EV maker have headed south since ending the first day of trading at $37, h…
Joseph Wilkins
3 mins read
From Ukrainian noodles to electric cars. Here's how VinFast founder Pham Nhat Vuong built a more than $60 billion fortune
After selling his instant noodle business to Nestle for $150 million, Pham Nhat Vuong invested in V…
Matthew Fox
2 mins read
What's going on with VinFast stock? The electric vehicle SPAC has soared more than 800% since its debut and is worth more than Ford.
Founder Pham Nhat Vuong controls 99% of VinFast, as he issued just 1% of the company's shares to th…
Matthew Fox
2 mins read
Vietnam carmaker VinFast will start selling two EV models in the US next year as it challenges Tesla on its home turf
Vietnam's VinFast is introducing two electric SUV models to the US where it plans to start taking o…
Huileng Tan
2 mins read
Tesla tanks 13% after earnings, dragging other EV stocks lower
Tesla missed profit targets for a fourth straight quarter and postponed its Robotaxi event, draggin…
Filip De Mott
4 mins read
These tiny EVs are hoping to make a big impact
In markets like China, Japan, and Europe, ridiculously small EVs are proving increasingly popular, …
Tom Carter
1 min read
A Vietnamese electric carmaker is now worth $85 billion - almost as much as Ford and General Motors combined
Shares in VinFast soared more 250% in a Spac-led debut Tuesday, leaving founder Pham Nhat Vuong wor…
Joseph Wilkins
1 min read
Vin Fast suffered an $83 billion wipeout after the EV start-up's shares plunged 44% in a single day
The Vietnamese EV maker had enjoyed a stunning stock-market debut despite only expecting to sell 50…
George Glover
2 mins read
A 200% EV IPO bonanza has boosted the wealth of Vietnam's wealthiest person eightfold to over $44 billion
VinFast's stock opened at $22 apiece on Nasdaq — a surge of over 200% from the $10 per share price …
Huileng Tan
3 mins read
EV sales expected to grow by over 65% in 2024, double its overall market share
Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…
2 mins read
New EV Policy: Elon Musk’s Tesla may soon enter India as import taxes slashed for electric vehicles
In what may come as a big boost to Tesla’s plans to enter India, the Indian government has announce…
1 min read
US stocks climb on fresh signs the labor market is cooling
Tuesday's JOLTS data and Wednesday's ADP report both pointed to a cooling labor market, a welcome s…
Phil Rosen
1 min read
US stocks edge lower as investors await slew of economic data
The August employment report will be released Friday morning, with economists expecting a net gain …
Matthew Fox
2 mins read
US stocks surge after jobs data takes pressure off of interest rates
A decline in job openings means wage pressures should ease, which would give the Federal Reserve so…
Matthew Fox
2 mins read
US stocks fall as Dow heads for worst week since March amid China fears, rising bond yields
The S&P 500 and Nasdaq Composite are also on track for their third consecutive weeks of declines as…
Phil Rosen
3 mins read
The 6 coolest new electric cars at the New York auto show, from a 250-mph supercar to a Chevy pickup
New and upcoming electric cars, trucks, and SUVs stole the show at this year's New York auto show.