Lucid Group stock continued to slide this week, despite a recent additional investment in the embattled electric-vehicle maker by Public Investment Fund, Saudi Arabia’s sovereign-wealth fund, of nearl...
Tag: Alternative Fuel Vehicles
What to expect for the stock market in 2023 after the biggest drop in 14 years
Investors have had a rough 2022 — the worst year since the financial crisis in 2008. There’s been a perfect storm of falling stock and bond prices as the Federal Reserve has raised interest rates to b...
Tesla stock suffers longest losing streak since March 2020 after Wedbush slashes price target by 30%
Shares of Tesla Inc. suffered their longest losing streak since the start of the COVID pandemic, after Wedbush analyst Dan Ives slashed his price target by 30%, citing “demand cracks” for the fourth q...
A Tesla Bull Sees Demand Softening. The Price Target Is Cut Again.
Elon Musk’s actions with Twitter aren’t the only thing concerning Tesla fans as the electric-vehicle stock heads for its worst-ever quarter. Tesla (ticker: TSLA) is now facing competitive headwinds in...
Tesla’s $7,500 Discount Is Great for Buyers. Less So for Investors.
Tesla is upping the discount car buyers can get if they take delivery of a new electric vehicle by the end of the year. It’s great for car buyers. It’s a test for investors. Tesla ‘s U.S. website now ...
Tesla Stock Just Keeps Falling. The ‘Chart’ Is in Control.
Tesla stock was weak again despite the likelihood CEO Elon Musk will step down as head of Twitter, and earnings estimates for 2023 are staying remarkably stable. Investors are scrambling. They can’t, ...
Tesla’s Elon Musk Has a Finance Lesson For Investors. They Disagree.
There is little time off for investors following Tesla these days. The weekend before Christmas is no exception. In the past couple of days, there have been more tweets about the electric-vehicle make...
Tesla Stock Isn’t Out of the Woods Yet. There Are Too Many EVs.
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Lucid Secures EV Batteries, But the Stock Falls Anyway
Electric vehicle start-up Lucid is securing electric-vehicle batteries ahead of its product line expansion. The stock isn’t getting any benefit though. Tesla might be to blame. On Tuesday, Lucid (tick...
Toyota Changing EV Strategy in Bid to Catch Tesla: Report. It’s Way Behind.
Toyota Motor has been slow to develop all-battery electric models. Now it wants to pick up the pace, as it tries to keep pace with Tesla and other EV makers, and suppliers will be key to its efforts. ...
Rivian Pauses Its Electric Van Tie-Up With Mercedes
Rivian Automotive has paused its joint venture to build commercial vans with Mercedes-Benz Group in Europe just three months after it was announced. The electric-vehicle maker, whose stock has collaps...
Horizon Therapeutics, Coupa Software, Rivian, and More Stock Market Movers
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Rivian says it won’t go forward with Mercedes-Benz deal three months after agreeing to it
Electric vehicle maker Rivian Automotive on Monday said it won’t go forward with a plan to make electric vans in Europe with Mercedes-Benz, just three months after agreeing to the pact. “As we evaluat...
Short selling giant Jim Chanos is still short on Coinbase, Tesla and the FOMO-investment market
Short selling giant Jim Chanos is still pretty bearish on a number of stocks including Coinbase and Tesla, he said on Thursday. In a Twitter Spaces conversation, Chanos was asked about the FTX fiasco ...
Tesla has a demand problem, or so a Tesla bear says
Tesla Inc.’s recent price cuts on vehicles sold in the U.S. and China point to a possible demand problem, one that could persist into 2023 and cut down on the electric-vehicle maker’s margins. That’s ...
Why Tesla Stock’s Ceiling Is Now $200. Where the Floor Might Be.
Tesla hasn’t had a lot of important fundamental news recently, which leaves the stock at the mercy of its chart. And the chart doesn’t look very good. Until something fundamental changes, Tesla (ticke...
Tesla stock is the most oversold it has ever been
As Tesla Inc.’s stock keeps sinking, to suffer the longest losing streak in more than four years on Tuesday, it has become the most oversold on a technical basis since going public 12 years ago. Keep ...