WeRide, an autonomous driving technology company, enjoys a first-mover advantage in the global self-driving market following its recent IPO at $15.50 a share by Morgan Stanley. Analysts expect WeRide’s stock to reach $23, reflecting a potential 25% increase, as the company offers various driverless vehicles and holds permits in multiple countries. Despite potential regulatory risks and volatile earnings, WeRide’s diverse product offerings and focus on Level 4 autonomous driving position it well for future growth in the expanding market, which is projected to reach $1.745 trillion by 2030.
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With Car Tariffs, Trump Puts His Unorthodox Trade Theory to the Test
President Trump's tariffs on automobiles and auto parts have sparked a clash with mainstream economists, with the president arguing that they will boost American jobs and prosperity by encouraging domestic production. However, economists warn that tariffs could lead to higher car prices, disrupt supply chains, and trigger global trade wars, ultimately hurting the U.S. economy. Stock markets fell in response to the tariffs, with automakers and economists predicting disruptions and layoffs in the auto sector....
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