Check out the companies making headlines before the bell: Comcast (CMCSA) – The NBCUniversal and CNBC parent earned an adjusted 77 cents per share for the fourth quarter, 4 cents above estimates, with...
Tag: Tesla Inc
Tesla stock drops 8% as investors digest new vehicle delays
Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. The cracked window glass occurred during a demonstration on the strength of the glass. Robert Hanashiro | USA ...
EV manufacturing jumps in UK, overall production sinks to 65-year low
A Nissan Leaf on the forecourt of a dealership in Lincoln, U.K. Chris Ratcliffe | Bloomberg | Getty Images Car production in the U.K. slumped by 6.7% to just 859,575 units in 2021, new figures publish...
Tesla, Netflix, LendingClub and more
The Tesla dealership in Eatonville, Florida is seen on March 1, 2019, the day after Tesla announced that it was closing its retail stores as a cost-cutting measure, in a shift to on-line only sales. P...
Tesla (TSLA) earnings Q4 2021
Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla repor...
Netflix, Kohl’s, Wynn Resorts, General Motors and more
Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix — Shares of the streaming giant fell 2.6% after Jefferies downgraded the stock to hold...
Short sellers are up $114 billion this year with winning bets against Tesla and Netflix
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish b...
Shares of Rivian and other EV start-ups tank amid stock sell-off
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Shares of Rivian Automotive and oth...
Behind GM, Ford’s new EV strategy is old-time financing: Cash
The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan, September 16, 2021. Rebecca Cook...
You want to own ‘great American companies, not junk’
CNBC’s Jim Cramer on Friday looked ahead to next week’s pivotal market events, including a busy slate of corporate earnings reports and a meeting of the Federal Reserve’s policymakin...
Bitcoin drops below $40,000 as global market selloff spreads to cryptocurrencies
Bitcoin prices were trading at levels not seen since August, pushing below a key support level on Friday, as a selloff of perceived riskier assets spread to cryptocurrencies. Bitcoin BTCUSD, -6.06%, t...
Tesla earnings: News about the Cybertruck and new factories could set the tone for 2022
Tesla Inc. is slated to report fourth-quarter earnings next Wednesday, with investors expecting a return of Chief Executive Elon Musk to the post-results call and bracing for what could be worrying ne...
Leading Tesla shareholder wants automaker to issue deliveries guidance above Wall Street estimates
You don’t see this very often. Leo KoGuan, who according to Bloomberg is the third-largest individual shareholder at Tesla TSLA, -1.82%, on Wednesday was publicly lobbying the company over Twitter on ...
Ford signs five-year payments deal with Stripe for e-commerce drive
A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images Online payment processor Stripe has signed up Ford Motor Company as ...
How the U.S. fell way behind in lithium, ‘white gold’ for EVs
The United States has a lithium supply problem. Nearly every major automaker has announced a transition to electric vehicles, Tesla delivered almost one million cars in 2021, and a handful of new elec...
Ford’s market cap tops $100 billion for first time ever
Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor’s market value toppe...
EV sales in takeoff mode, but production a worry
Pallets of depleted lithium-ion batteries at JB Straubel’s Redwood Materials are ready for recycling. Tesla co-founder JB Straubel, founder and CEO of battery-recycling company Redwood Materials...
Cathie Wood is expecting a ‘bloodbath’ in this segment of the market: ‘autos are one example of…many disturbances out there in the world order’
Cathie Wood, the star fund manager and chief executive of ARK Invest, in a Tuesday monthly market update said that the used car market is where she is expecting possible losses after a surge in values...
General Electric, Rivian, Illumina and more
Offices of Illumina, in San Diego, California. Mike Blake | Reuters Check out the companies making headlines in midday trading. Illumina – Illumina shares surged 12.7% a day after the biotechnology co...
California proposes $6.1 billion on electric vehicle initiatives
California Governor Gavin Newsom holds a copy of the California State budget after ceremonially signing it during a rally in Los Angeles, Tuesday, July 13, 2021. Hans Gutknecht | MediaNews Group | Get...
Beyond Meat, Pfizer, Nikola and others
Check out the companies making headlines before the bell: Beyond Meat (BYND) – Beyond Meat surged 9% in premarket trading on news that KFC will roll out the company’s fried chicken substitute na...
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...
Tesla rival Lucid plans to launch in Europe this year
People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Electric vehicle maker Luc...
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...
Don’t rule out a strong 2022 stock rally after 2021’s gains
CNBC’s Jim Cramer on Monday urged investors to keep an open mind heading into 2022, contending that the stock market’s sizable advance in 2021 does not automatically rule out the possibili...
Ford beats Tesla to become auto industry’s top growth stock in 2021
The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Im...
Monday’s worst-performing stocks in the S&P 500 are down as much as 42% for 2022
Monday’s stock-market decline accelerated, and a closer look at the day’s worst performers highlighted painful double-digit year-to-date drops. The Dow Jones Industrial Average DJIA, -2.92% was down a...