Tesla finds itself starting 2022 in reverse, with its shares declining more than 9% to begin the year. Elon Musk’s electric automaker is scheduled to report earnings after the bell on Wednesday,...
Tag: Elon Musk
Ford Isn’t Tesla Yet And Shouldn’t Be Trading Like An Electric Vehicle Stock, This Firm Says
Topline It’s too early for investors to value and trade legacy automakers such as Ford like electric vehicle stocks, according to Jefferies analysts who recently downgraded shares of the company warni...
Peloton insiders sold nearly $500 million in stock before its big drop
Peloton executives and insiders sold nearly $500 million worth of their stock before its big decline, according to filings with the Securities and Exchange Commission. Peloton stock is down more than ...
Companies hit record $14.5 billion in 2021
A rendering on a Dream Chaser spaceplane in orbit. Sierra Space Private investment in space companies last year set a record, according to a report Tuesday by New York-based firm Space Capital. Space ...
Investors Poured Record $14.5 Billion Into Space Companies Including Elon Musk’s SpaceX In 2021
Topline Space companies including SpaceX and Sierra Space received nearly $15 billion of private investments in 2021—including a whopping $4.3 billion in the fourth quarter, a record-setting year for ...
Bill Ford is doubling down on Ford shares and amassing more control of the company
Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company’s Michigan plant that produces the pickup. Mich...
Tesla Billionaire Elon Musk Has Suddenly Sent The Dogecoin Price Sharply Higher As Bitcoin Struggles
Dogecoin, the meme-based bitcoin rival that saw huge growth through 2021, has soared after Elon Musk revealed doge can now be used to buy Tesla TSLA merchandise. Subscribe now to Forbes’ CryptoA...
Dogecoin Soars After Elon Musk Says It Can Be Used To Buy Tesla Merch
Topline The value of meme-based cryptocurrency dogecoin surged Friday morning after Elon Musk said Tesla will accept the popular token as payment for some of its merchandise, signaling the electric ca...
Ford’s Amped Up Electric Vehicle Strategy Boost Shares, Tops GM’s Market Cap
Ford CEO Jim Farley with the electric F-150 Lightning truck in Dearborn, Michigan. Bill Pugliano/Getty Images Ford Motor Co.’s plans to accelerate production and sales of battery-powered crossovers an...
Ford Blows Past $100 Billion Market Valuation As Shares Surge Thanks To Hot Electric Vehicle Plans
Topline Shares of Ford continued to move higher on Thursday—with the legacy automaker’s market value surpassing $100 billion for the first time ever—as more Wall Street analysts bet on the company suc...
Starlink internet service has more than 145,000 users so far
A Starlink user terminal, also known as an antenna or satellite dish, on the roof of a building. SpaceX Elon Musk’s SpaceX on Thursday gave an update on its Starlink internet service, as the com...
Daimler’s concept car uses bio-based materials, has solar tech on roof
Fred De Noyelle /GODONG | The Image Bank Unreleased | Getty Images Daimler has released details of a concept electric vehicle which uses solar technology and bio-based materials, with the German autom...
Ford Stock Surges Another 11% As Company Aims To Challenge Tesla’s Electric Vehicle Dominance
Topline Shares of legacy automaker Ford continued to surge on Tuesday amid high demand for its upcoming electric pickup, extending a solid run after rising 140% last year and beating out the likes of ...
Cramer says ‘sky is the limit’ for Ford in 2022 after last year’s 136% surge
Ford still has more room to run in 2022 after a stellar performance last year, CNBC’s Jim Cramer said Tuesday. Shares of Ford surged another roughly 10% to more than $24 on the second trading da...
Stocks Rally To Jumpstart 2022, Tesla Surges And Apple Hits $3 Trillion
Topline The stock market started off the new year on a high note Monday, rising sharply as investors bet the U.S. economic recovery will continue despite a surge in Covid cases over the holiday season...
Tesla Says It Delivered Record 936,172 Electric Vehicles In 2021
A Model Y electric hatchback recharging at a Tesla supercharger station at the European Energy Forum campus in Berlin. © 2021 Bloomberg Finance LP Tesla, the fastest-growing U.S. automaker, reported r...
Tesla TSLA Q4 2021 vehicle delivery and production numbers
Visitors looking at a China-made Tesla Model Y electric vehicle at the Auto Shanghai 2021 show in Shanghai, China, on April 27, 2021. Qilai Shen | Bloomberg | Getty Images Tesla said on Sunday that it...