The Senate climate bill passed over the weekend offers billions of dollars for electric-vehicle and battery factories, and includes rules that the auto industry says will make it tougher for some cons...
Tag: Tesla
Elon Musk Says Inflation In U.S Has Peaked After Tesla Sells 90% Of Its BTC
Speaking at Tesla’s 2022 Annual Meeting of Stockholders on Aug. 5, Elon Musk predicted that a forthcoming United States recession is going to be “mild to moderate.” Tesla is witnessing the rise of a l...
Tesla Is Miles Ahead of the Competition, Says Analyst
If you really want to explore the inner workings of a car company, there can be no better way than to get on the factory floor. That’s just what Canaccord’s George Gianarikas did when trying to ...
Tesla and 9 Other Companies That Would Take a Hit From a 15% Minimum Corporate Tax
Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerb...
Tesla, Lucid jump premarket as Inflation Reduction Act targets US-assembled EVs
On Sunday, August 7, the US Senate barely passed President Biden’s Inflation Reduction Act, intending to reduce government deficits while boosting climate-change spending, among other things. The mea...
Tesla unveils timing of 3-for-1 stock split, stock up 1.7% premarket
Tesla Inc. TSLA, +5.16% said it will conduct a 3-for-1 stock split that will give shareholders of record as of Aug. 17 a dividend of two additional shares of common stock on Aug. 24. Trading will begi...
What Stocks Are Moving Monday? Tesla, Palantir, First Solar and More.
Text size Tesla shares rise early Monday. (Photo by Justin Sullivan/Getty Images) Stock futures were trading higher Monday with investors assessing how aggressive the Federal Reserve will be in its ef...
Baidu Begins Paid Robotaxi Service In China With No Employee Aboard
A Baidu Apollo Robotaxi travels with no safety driver in the vehicle in China Baidu BaiduBIDU has announced they have received permits to operate a paid Robotaxi service in China, with no human safety...
Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18 Months – Economics Bitcoin News
Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” th...
Tesla 3-for-1 stock split will take effect on Aug. 25. What does that mean for investors?
Tesla’s three-for-one stock split is official. The Friday announcement came just one day after Tesla’s shareholder meeting at its new headquarters in Austin, Texas. Tesla said the stock sp...
US ‘past peak inflation’ after Tesla sells 90% of Bitcoin
Bitcoin (BTC) is in short supply at Tesla, even as its CEO predicts that United States inflation has already peaked. Speaking at Tesla’s 2022 Annual Meeting of Stockholders on Aug. 5, Elon Musk predic...
S&P 500: 11 Big $600-A-Share Stocks Really Ought To Split After Tesla
Investors love the idea of stock splits in the S&P 500, including Tesla (TSLA). And there are plenty of other stocks that could still do it. X Eleven stocks in the S&P 500, excluding Tesla, tr...
Dow Jones Futures: Market Rally Resilient; Apple, Tesla, These 5 Chip Stocks Could Use This
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a generally positive week, with the Nasdaq and small caps leading the way. ...
Amazon’s Carbon Footprint Increases, How Tesla Lost The Affordable Electric Vehicle Race And Generac’s Home Microgrids
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. A 750,000-square-foot Amazon fulfillment ...
10 Companies That Would Take a Hit From a 15% Minimum Corporate Tax
Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerb...
Democrats’ Bill Would Allow Auto Dealers To Claim Clean Vehicle Tax Credits
Democrats’ new clean energy package would allow auto dealers to collect the electric vehicle tax … [+] credit directly. getty The recently proposed Congressional Inflation Reduction Act of...
Robinhood, Carvana And More—These Stocks Are Surging After Announcing Cost Cuts
Topline Shares of Carvana and Beyond Meat surged Friday, making them the latest companies to be rewarded by investors after announcing layoffs or cost cuts in recent weeks amid a challenging economic ...
Stocks Fall Despite Strong Jobs Report As Investors Fear Bigger Fed Rate Hikes
Topline The stock market fell Friday after the U.S. economy added back a better-than-expected 528,000 jobs in July, with investors now anticipating that a strong labor market will keep the Federal Res...
How Tesla Lost The Race For Affordable EVs To An Unexpected Rival
Sixteen years ago, Tesla CEO Elon Musk announced his goal of building the first truly low-cost electric family car. Now General Motors has beaten him to it. INAugust 2006, before Tesla had built its f...
Dow Jones Futures: Jobs Report Will Test ‘Soft Landing’ Market Rally; Tesla Stock Split Approved
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures, with Friday’s July jobs report looming large. Tesla (TSLA) shareholders approved a 3-for-1 stock spl...
Tesla’s Annual Meeting Is Done. Here’s What Happened.
Tesla wants to grow production by 50% a year. It soon may need another plant or major plant expansion to do so. Mario Tama/Getty Images Text size Tesla ’s huge base of retail investors always likes to...
Tesla Investors Clear 3-for-1 Stock Split as Shares Rebound
(Bloomberg) — Tesla Inc. shareholders approved a three-for-one stock split on Thursday as the electric-vehicle maker seeks to attract an even larger number of retail investors amid a furious ral...
Tesla’s 3:1 Stock Split Wins Shareholder Approval—Here’s What It Means For Investors
Topline Shares of electric vehicle maker Tesla rallied in after-hours trading Thursday as the company won shareholder approval for a 3:1 stock split, the second such move in around two years, as the w...
Tesla Stock Split: Is It Better To Buy Before Or After A Stock Split?
X Tesla Stock Split: Is Now The Time To Buy? Tesla (TSLA) shareholders are expected to vote on plans for a 3-for-1 stock split on Aug. 4. The event has been dubbed Cyber Roundup and will be held at th...
Fisker Says It’s Got More Than $300 Million Worth Of Preorders For Its Electric SUV
The first batch of Fisker Oceans will be high-end models selling for about $70,000. ©2021 Fisker Inc. Fisker Inc., a Los Angeles-based electric vehicle startup led by designer Henrik Fisker, says it h...
Tesla stock is far overvalued and could plunge more than 50%
Tesla stock is inflated and could lose more than half of its value, according to Citi analyst Itay Michaeli. In a note to clients, Michaeli reiterated a sell rating on Tesla’s stock on with a $4...
Twitter Stock Is Downgraded. Analyst Needs Just One Sentence to Explain Why.
Text size Twitter stock is downgraded given uncertainty over the company’s pending acquisition by Elon Musk. Justin Sullivan/Getty Images Twitter stock received another downgrade on Friday, fuel...