) shares fell after reporting a decline in revenue and profit in the third quarter, citing electric vehicle market challenges and supply chain issues. The company said"intense price competition, particularly in the electric vehicle segment" was part of a reason for the reason for the decline. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down the results.
The founder of Chinese property developer Evergrande — who was once Asia's second-richest person — is no longer a billionaire A biotech firm founded by Vivek Ramaswamy turned $15 million into $5 billion by flipping a bowel-disease treatment that Pfizer gave it for free
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