Billionaire George Soros Ditches GM

If it were up to iconic investor and short-seller George Soros to pick the winners of automotive electrification, General Motors  (GM) – Get General Motors Company Report would have a lot to wor...

Will Apple Come to The Rescue of a Struggling Tesla Rival?

The next few months will be decisive for Canoo  (GOEV) – Get Canoo Inc. Class A Report, the upstart manufacturer of electric vehicles.  Its horizon, like that of most car manufacturers, is curre...

There’s No Greater Divide Than the Tesla Stock Gap

(Bloomberg) — Tesla Inc. looks more than ever like a mature company, with 11 consecutive quarters of profits and long-term production goals. Yet analysts couldn’t disagree more about where the s...

Semi-Autonomous Cars Hit Cyclist In 5 Out Of 15 Test Runs, Finds AAA

AAA testing found that not all automated driving systems detect cyclists at intersections. AAA Testing by the American Automobile Association—AAA—has found that not all cars sporting semi-autonomous d...

Switzerland’s Central Bank Bought Apple, AMC, Tesla, and Rivian Stock

Text size Apple stock is holding up better than the broader market. Gabby Jones/Bloomberg The central bank of Switzerland increased positions in some of its largest U.S.-traded equity investments in t...

Is Elon Musk Right Or Wrong To Dismiss Hydrogen Use For Low-Carbon Energy Storage?

Tesla CEO Elon Musk gestures as he arrives at the Axel Springer Awards ceremony, in Berlin, on … [+] December 1, 2020. POOL/AFP via Getty Images The context is transitioning from fossil energy t...

Covid-Hit Shanghai To Allow Gradual Reopening Of Malls And Markets, Xinhua Says

Members of a disinfection crew ride bicycles down a street in Shanghai, China on Saturday, May 7. … [+] Source: Bloomberg © 2022 Bloomberg Finance LP Shanghai will gradually allow shopping malls...

Twitter deal on hold; Twitter goes down and Tesla is up

Elon Musk reported on Friday that his arranged $44 billion obtaining of Twitter is on hold A different turn despite traces of inward struggle around the likely overtake Twitter’s stock has dropped app...

Apple Loses A Major Title

Apple  (AAPL) – Get Apple Inc. Report just lost a coveted title.  The iPhone maker snagged that crown in 2020 on financial performance that made investors dizzy on strong sales of its hardware &...

Opinion: Elon Musk is likely trying to get a lower price for Twitter

Is Elon Musk’s $44 billion bid for Twitter actually a $1 billion joke by the world’s richest man? That’s a possibility that cannot be ignored, as investors scramble to make sense of Musk’s latest shen...

AI For Sustainability, The Billionaire Betting Against Coal And Tesla Facing Lower China Sales

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. Farmwise makes robots that weed vegetable...

The Fisker Ronin Could Be The Coolest EV Yet

Henrik Fisker is a legendary car designer, with the credit for some of the most beautiful vehicles ever including the BMW Z8, Aston Martin DB9 and Aston Martin V8 Vantage. His Karma design is stunning...

Tesla CEO Elon Musk Reaffirms Dogecoin ‘Has Potential as a Currency’ as Twitter Deal Is Put on Hold – Featured Bitcoin News

Tesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold “pending details supporting calculation that spam/fake accounts do ...

Musk Could Try To ‘Get Out’ Of Twitter Acquisition After ‘Troubling’ Decision To Put Deal On Hold: Analysts

Topline Shares of Twitter plunged on Friday after Elon Musk said he would put his acquisition of the social media company “temporarily on hold,” adding additional confusion to whether a deal will stil...

Still Has ‘Potential As A Currency’—Elon Musk Gives Surprise Dogecoin Signal After Huge Bitcoin, Ethereum And Crypto Price Crash

Bitcoin BTC , ethereum and other major crypto currencies have bounced back over the last 24 following a devastating crypto crash that wiped almost $1 trillion from the combined crypto market. Subscrib...

Tesla Rival Says it Will Build $30K Electric SUV in Ohio

One of the biggest stories in the EV world continues to be if Lordstown Motors  (RIDE) – Get Lordstown Motors Corp. Class A Report agreement to sell its Ohio manufacturing to Taiwan-based Foxcon...

Crypto Whales Tesla, MicroStrategy Underwater as Bitcoin Crashes to 2020 Prices

Bitcoin whales like Tesla and MicroStrategy are all down on their investments today after the leading cryptocurrency plummeted again overnight, hitting a low of $26,350.   The last time the leading cr...

MicroStrategy, Tesla Now Hold Bitcoin At A Loss; Will They Sell?

The month of May has proven to be brutal for one of the Crypto enthusiasts. Every investor may it be big or small seems to be anxious and looking for a recovery. Amid this crash, few giant Bitcoin (BT...

“Gigantic” Impact From China Lockdowns To Hit Auto Industry Globally: Automobility’s Bill Russo

Tesla CEO Elon Musk gestures during the Tesla China-made Model 3 Delivery Ceremony in 2020, … [+] underscoring the country’s importance to the U.S. automaker. (Photo by STR / AFP) / China ...

GM and Ford Get Double Downgrades to Sell. Wells Fargo Sours on EVs.

Text size Ford F-150 Lightning electric truck Courtesy of Ford The auto industry is all-in on electric vehicles. Wells Fargo isn’t so sure that’s a great idea. Wednesday evening, analyst Colin Langan ...

Tesla CEO Elon Musk dismisses hydrogen as tool for energy storage

Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World ...

Tesla Stock Enters Into A Sharp Correction; Here’s How To Create A Bear Call Spread

Tesla (TSLA) has been declining since early April. Plus, the stock has slumped below the 21-, 50- and 200-day moving averages. Let’s look at how to set up a bearish option income trade, called a...

Kotaku Calls Elon Musk’s ‘Elden Ring’ Build ‘Dumb’ But It’s Honestly Just Fine

Elon Musk shared his Elden Ring build on Twitter so of course the vultures have descended. POOL/AFP via Getty Images Recently, SpaceX and Tesla boss Elon Musk revealed the basics of his Elden Ring bui...

Tesla’s China Sales Take A Pounding As Covid Lockdown Drags On

A driver in PPE moves a new Tesla passenger car from Shanghai off a cargo ship in the port in Yantai in China’s Shandong province on April 25, 2022. Future Publishing via Getty Images Tesla’s El...

Bitcoin Is Being Pummeled – Will Tesla And MicroStrategy Sell Their BTC?

The Bitcoin market has been extremely volatile and leaning towards dips that left many traders and investors on panic mode. Companies like Tesla and MicroStrategy are experiencing the same dilemma wit...

MSTR and Tesla Near BTC loss! How are Institutions Dealing With Crypto Crash?

Every investor is concerned about the crashing cryptocurrency market. The largest Bitcoin (BTC) holding institutions have experienced the same thing. In the midst of the crash, public companies like M...

Will MicroStrategy, Tesla Sell Their Bitcoins To Avoid Loss?

The Crashing Cryptocurrency market has left every investor worried. The same has happened with the biggest Bitcoin (BTC) holding institutions in the market. Public companies like Microstrategy and EV ...

Buy GM Shares, But Not Ford or Tesla. Here’s What One Analyst Says.

Text size GM looks to be the preferred U.S. auto maker pick among Wall Street analysts, with about 85% of analysts covering the stock rating it a Buy. Justin Sullivan/Getty Images Investors are bearis...

Cathie Wood shocks the market after dumping $12.7 million of Tesla stock to snap up some in General Motors

Tesla perma-bull Cathie Wood shocked investors on Tuesday after it emerged she had trimmed her holdings in Elon Musk’s electric vehicle manufacturer to buy stock in legacy rival General Motors. Wood h...

Tesla, Nvidia, and 10 Other Beaten-Up Stocks That Look Like Opportunities

Nvidia qualifies as a growth stock. It trades for about 30 times estimated 2022 earnings. Dreamstime Text size Stocks are struggling. Everything is going down, even stocks with improving outlooks. But...

Tesla accounts for almost 60% of all EVs deliveries by 10 leading car makers in Q1, 2022 

Despite the electronic vehicle sector undergoing various challenges like component shortages, Tesla has managed to sustain its grip on the market, with deliveries standing out among competitors. Recen...

Is Vale a buy after its latest low-carbon nickel deal with Tesla?

Vale SA (NYSE:VALE) announced a long-term deal to supply top electric car maker Tesla Inc (NASDAQ:TSLA). with Class 1 nickel. The company said it would supply the low-carbon from its operations in Can...