The Dow Jones Industrial Average was at session lows as indexes continued to retreat. Tesla (TSLA) took a dive after CEO Elon Musk announced a product move. AMC Entertainment (AMC) plunged as rival Ci...
Tag: Tesla
Tesla stock is 40% undervalued after Inflation Reduction Act signing, analyst argues
The Inflation Reduction Act’s new $7,500 tax credit for electric vehicles could be a major tailwind to Tesla stock and the company’s bottom line, contends CFRA analyst Garrett Nelson. R...
Tiny Tesla: A safe place to make passive income and obtain financial freedom
Tiny Tesla was founded because, like many, the team (which is a group of friends) experienced too many scams and empty promises. They decided to do something about it to change the space for good! As ...
Stocks Lower, Week Ahead, Tesla, AMC, Gas Prices-5 Things To Know
Here are five things you must know for Monday, August 22: 1. — Stock Futures Slide On Growth, Inflation Worries U.S. equity futures slumped lower Friday, while the dollar extended its best weekl...
Xiaomi, World’s No. 3 Smartphone Brand, Says 2nd Qtr Profit Plunged By 83% Amid Economic Headwinds
A pedestrian in front of a Xiaomi Corp. store in Shanghai in 2021. Photographer: Qilai … [+] Shen/Bloomberg © 2021 Bloomberg Finance LP Net profit at Beijing-headquartered Xiaomi, the world’s No...
Tesla and Elon Musk Have Sold Most of Their BTC
Not long ago, Tesla – the electric car company brought to the financial forefront by South African entrepreneur Elon Musk – announced it had sold a lot of its bitcoin. No doubt the company experienced...
Biden Signs Climate Bill, How Long-Range EVs Work And Defeating Forever Chemicals
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. The Washington Post via Getty Images Afte...
Tesla Rival Fights to Survive
An electric vehicle startup whose design has drawn comparisons with the Batmobile is on the ropes, and it’s not the first time. Faraday Future Intelligent (FFIE) has already had several lives ...
Fisker Considers U.S. Ocean Production Amid Shakeup In EV Tax Credit
Fisker Inc.’s electric Ocean SUVs won’t qualify for a revised federal tax credit for EVs that requires them to be built at domestic plants. Fisker Inc. Fisker Inc., a Los Angeles-based ele...
GM stock is about to dust Tesla stock, analyst says
Back up the Corvette and shovel General Motors stock into the trunk, one top Wall Street auto analyst says in a new note to clients on Friday. Citi’s Itay Michaeli came out with an $87 price tar...
Tesla Short Scott Burg Makes Multibillion-Dollar Bet Against Elon Musk’s Firm
(Bloomberg) — While Elon Musk has plenty of Wall Street detractors, Scott Burg may be the first distressed-bond manager to make a multibillion-dollar options bet that Musk’s Tesla Inc. will be “...
Ford, Tesla And Netflix Are Among The Best-Performing Stocks During This Summer’s Massive Rally
Topline With the S&P 500 surging 17% since a low point in mid-June, big names like Ford, Tesla and Netflix have been among the top gainers, while several energy and consumer stocks have slumped de...
Boll & Branch’s Most Luxurious Bedding Collection Was 8 Years In The Making
A bed dressed in Boll & Branch’s luxe new line, Reserve. Courtesy of Boll & Branch Scott Tannen, co-founder and CEO of Boll & Branch, with his wife Missy, who is also chief of design...
These Are The EVs And PHEVs That Still Qualify For Federal Tax Credits Through 2022
Woefully few electric vehicles will still qualify for a federal tax credit under the Inflation … [+] Reduction Act. getty As part of a massive tax, climate, and health-care bill signed into law ...
Dow Futures Dip as Wall Street Seeks Rates Guidance From the Fed
Text size The focus for investors Wednesday will be on minutes from the latest Federal Reserve meeting. Getty Images Stock futures dipped Wednesday after strong earnings reports from Walmart and Home ...
Tencent Rumored Meituan Sale Weighs On Hong Kong, Can The China Real Estate Phoenix Rise From The Ashes?
China Last Night KraneShares Key News Asian equities were largely higher as the Philippines had a strong day while Japan and Hong Kong were off. Hong Kong was up through mid-day/intra-day with a high ...
Maybe The Best Prediction Of Auto Sales Comes From Real-Time Data
A new study shows the frequency of dealership destinations by regions, which could be data to help … [+] reinforce brand momentum and revenues. getty Just like economists telling the general pub...
Why Used EV And Hybrid-Car Prices Are Skyrocketing
The price of a used full-electric Nissan Leaf has risen by a whopping 43.8 percent over the past … [+] year according to the website iSeeCars.com McNally Multi Media With gas prices taking a big...
The New EV Tax Credit Won’t Cover All Teslas and Other Cars. How It Will Work.
New electric-vehicle tax credits depend on where the cars are assembled, what the EVs cost, and how much money buyers make. Stefani Reynolds/AFP/Getty Images Text size The Inflation Reduction Act shou...
Why Rivian is still no Ford or Tesla
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, August 15, 2022 Today’s newsletter i...
Tesla set to split its shares on August 24 – here’s what we know
Stock splits can be equated to a pizza being cut into more pieces, but in essence, remaining the same size and being the same worth, yet, more often than not, retail investors get excited when this ‘c...
George Soros Deals a Big Blow to Tesla Rival Rivian
It’s been a somewhat hectic August for Rivian (RIVN) . The startup, which is presented as one of Tesla’s (TSLA) most serious rivals in the race for electric vehicles, is currently accu...
Over 1.7 Million Fords And Lincolns Are At Risk Of Being Recalled
Automotive giant Ford (F) back in 2020 recalled over 488,000 Ford Edge and Lincoln MKX cars over problems with its brake hoses, as over 50 drivers complained that their brake hose ruptured with no w...
Buy Tesla Stock Because It’s ‘Christmas in August’
Text size A Tesla, Inc. electric vehicle departs after charging at supercharger location in Hawthorne, California Patrick T. Fallon/AFP via Getty Images A Tesla bull is a little more bullish after the...