It’s the car stock version of demolition derby on the Thursday before Christmas. The carnage indicates three things: Investors are deeply worried about the economy in 2023, investor are worried about ...
Tag: Motor Vehicles
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...
Given up on Wall Street? Here’s how stocks could rally 20% next year, says veteran analyst
Just two weeks of 2022 to go and the stock market mood remains grim. The latest burst of optimism, on further evidence that U.S. inflation continues to ease, has again evaporated. Equity investors fea...
Tesla and four other laggards should be avoided next year, this technical analyst says
Stocks seem stuck. The S&P 500 SPX has been wobbling within a 200-point channel for about a month. Market frenemy Jay Powell on Wednesday made sure with his hawkish stance that it didn’t challenge...
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...
Paccar, Deere, and 10 More Companies That Raised Their Stock Dividends This Week
Text size Paccar said it will boost its regular dividend to 25 cents a share. Dreamstime Carrier Global, Deere , Zoetis , and Paccar were among the many large U.S. companies that declared dividend inc...
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 ...
As Carvana Plunges, Consider These 5 Car Dealer Stocks
It was a bad week for Carvana —and a bad week for used-car dealers. But some auto-dealer stocks might still be worth buying. After falling almost 40% this past week, Carvana (ticker: CVNA) is off an i...
Here’s what resolves the big mystery on why older Americans have left the workforce
One of the many challenges facing the Federal Reserve is that the labor force participation rate is still lower than it was before the pandemic. The fewer workers in the jobs market, the more wages wi...
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 ...
Dow ends nearly 350 points lower after strong economic data, bearish comments by David Tepper fuel worry about rate hikes
U.S. stocks ended well off session lows but still fell sharply, after a round of upbeat economic data and a warning from hedge-fund titan David Tepper that he was “leaning short” against both stocks a...