Wolfspeed Inc. shares declined more than 5% in after-hours trading Wednesday, after Tesla Inc. executives said their next-generation car will require less...
Wolfspeed Inc.
Fshares declined more than 5% in after-hours trading Wednesday, after Tesla Inc. executives said their next-generation car will require less silicon carbide. Wolfspeed, a semiconductor company previously known as Cree, specializes in silicon-carbide chips, which have found a home in electric vehicles because of their resistance to heat. In an investor day presentation Wednesday afternoon, Tesla executives said their next-generation powertrain would cut the need for silicon carbide by 75%, one of the few hard details they gave about their plans for a new car.
F shares declined more than 5% in after-hours trading Wednesday, after Tesla Inc. executives said their next-generation car will require less silicon carbide. Wolfspeed, a semiconductor company previously known as Cree, specializes in silicon-carbide chips, which have found a home in electric vehicles because of their resistance to heat. In an investor day presentation Wednesday afternoon, Tesla executives said their next-generation powertrain would cut the need for silicon carbide by 75%, one of the few hard details they gave about their plans for a new car.
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Tesla stock veers between gains and losses as investor day gets under wayTesla Inc. hosts investor day late Wednesday.
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Here are Wednesday's biggest analyst calls: Apple, Procter & Gamble, Tesla, Spotify, AbbVie & moreAnalyst call of the day for CNBCPro subscribers: Redburn upgrades Spotify to buy from hold and said that consensus is too cautious on Spotify. Subscribe to see the analyst calls of the day curated by CNBC Pro.
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Tesla Superchargers will now charge non-Tesla electric vehiclesTesla has officially begun to offer its Supercharger charging stations to non-Tesla owners.
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Tesla Superchargers are now open to non-Tesla EVs at “select sites” in the USTesla Superchargers are now open to non-Tesla EVs at 'select sites' in the US
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Tesla Opening Up Supercharger Network to Non-Tesla EVs With Magic Dock TechThe company's slick charging adapter is in the wild and operational now, with more coming soon.
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Tesla Launches Non-Tesla Supercharging In US With 'Magic Dock'The long-awaited launch of the non-Tesla Supercharging option in the United States has become a reality. The company announced it officially on March 1, 2023.
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