7 EVs That Qualify for a Tax Credit—and Cost Less Than the Average New Car

Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the average price paid for a new car in America....

Musk Calls Short Selling ‘Evil’ In Testimony Defending 2018 Tweet To Take Tesla Private

Topline Tesla’s billionaire CEO Elon Musk took the stand in San Francisco federal court Friday to defend a controversial 2018 tweet in which he said he would take the electric vehicle company private,...

TSLA Stock is Currently A “Sleeping Giant,” Says Jim Cramer

Tesla stock (NASDAQ: TSLA) is down by almost 61.71% in one year. That indicates the stock has experienced major challenges in 2022. On January 17th, 2023, CNBC’s Jim Cramer, also shared his thoughts o...

The Window to Capture a $7,500 Electric-Vehicle Tax Credit May Be Closing. How to Snag It.

Americans are flocking to electric vehicles, pushing sales up 127% over the past two years. To sweeten the deal, the federal government is offering a tax credit of up to $7,500 for EVs and other “clea...

Carvana Adopts a ‘Poison Pill’ to Ward Off a Hostile Takeover. Stock Bounces.

Carvana stock rose Tuesday after the used-car retailer announced it is adopting a net-operating-loss poison pill. Net operating losses, or NOLs carryforwards, are a tax provision allowing businesses t...

Recession Could Tank The S&P Another 22%—But Tesla And These Other Stocks Could Withstand The Downturn

Topline Trillions of dollars in market capitalization for the nation’s largest public companies will be wiped out this year in the worst-case recession scenario outlined by Goldman Sachs strateg...

Can Tesla (TSLA) stock reclaim $400 in 2023?

Electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) lost a significant amount of its share price in 2022 despite delivering a record 1.3 million vehicles. In the eyes of investors, Tesla is not im...

Tesla’s Profits Are at Risk From Price Cuts. It Could Get Bad.

Tesla is cutting its prices, so Wall Street is lowering its forecasts for earnings, fearing profit margins will be decimated. That makes 2023 a scary time for investors in the electric-vehicle company...

Bed Bath & Beyond, Virgin Galactic, Ford, and More Stock Market Movers Friday

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Inflation Isn’t the Stock Market’s Biggest Problem Now. Deflation Is.

Generationally high inflation was the story of 2022. That’s not going to be the story of 2023. The boogeyman of disinflation—and even some deflation—is about to become the biggest risk to stocks, and ...

Tesla (TSLA) Stock on a healthy surge; ARK Investment Accumulating Tesla

EV giant’s share price is down by 66% YoY but up by 20% in last five days TSLA stock was trading at 123.56 USD at press time. The stock price of electric vehicle giant Tesla (NASDAQ: TSLA) is trading ...

Tesla shares under pressure after EV maker slashes prices of Model 3 and Y cars in the U.S.

Shares of Tesla Inc. were under pressure in early trading on Friday after the electic-car maker announced price cuts for its Model 3 and Model Y cars, with discounts in some cases of nearly 20%, as th...

Tesla Has Too Many Cars to Sell. It Needs to Cut Prices.

Tesla has a new problem. U.S. inventories of its popular Model Y are ballooning because of tax-credit confusion. There is a solution to its electric-vehicle glut, though. Inventories of Model Y SUV ar...

Wall Street’s 5 Favorite Car Stocks for 2023, Including Tesla and Copart

Investors in automotive stocks had a horrible time in 2022. After a painful year, investors likely could use some new car ideas, and should also know what to avoid. Rising interest rates, supply chain...

Investors mock Elon Musk’s bid to move Tesla trial from California

SAN FRANCISCO — Lawyers for Tesla shareholders suing the electric vehicle maker’s CEO Elon Musk over a misleading tweet are urging a federal judge to reject the billionaire’s request to move an upcomi...

XPeng stock falls after J.P. Morgan says stop buying

Shares of XPeng Inc. fell Wednesday, after J.P. Morgan backed away from its bullish call on the China-based electric vehicle maker, saying the COVID-related reopening trade has been overdone. Analyst ...

Jamie Dimon Is Changing His Tune About an Economic Hurricane. He’s Not Alone.

After a difficult 2022 for investors, there may be rays of light peeking through at the start of the new year. Take heart from JPMorgan Chase CEO Jamie Dimon. He clarified Tuesday that maybe he should...

Mercedes and Other European Car Markers Are Aiming for Tesla

Mercedes-Benz Group more than doubled sales of battery electric vehicles this past year. That’s just a start. The company, and its European peers, want to sell a lot more. Tesla had better pay attenti...

Opinion: Why a prominent Tesla investor wants Elon Musk to put him on the board

Ross Gerber is well-known in certain circles as a longtime Tesla Inc. investor, thanks to being a bullish voice on Twitter about the electric-vehicle company. As Tesla TSLA, +5.93% stock has plummeted...

Tesla Stock Is Almost Up in 2023. There Are a Couple of Reasons for the Rally.

It took two days for Tesla stock to enter a new bull market. That’s surprising action given some of the recent news, which hasn’t sounded good. But there are a few reasons why the shares are on the ri...

Is Tesla a good investment for January 2023? TSLA price analysis

On January 8, 2023, an official from the People’s Bank of China provided optimistic statements on the revival of the economy, which provided a lift to global markets and oil prices. These comments hel...

Elon Musk says he can’t get fair trial in California in Tesla shareholder suit, wants Texas

WASHINGTON — Elon Musk has urged a federal judge to shift a trial in a shareholder lawsuit out of San Francisco because he says negative local media coverage has biased potential jurors against him. I...

XPeng stock just misses a record selloff, snaps 5-day win streak

The U.S.-listed shares of XPeng Inc. plunged Friday to snap a five-day win streak, as price cuts by Tesla Inc. in China soured sentiment toward China-based electric vehicle makers. The stock XPEV, -15...

The New EV Tax Credits Don’t Make Sense

Finally something the left and the right can agree on. The U.S. government electric-vehicle new purchase tax credits don’t make sense. At least the government is now accepting ideas on how to fix the ...

Tesla’s Battered Stock Looks Like a Buy Again

Times are tough for Tesla . Demand is slowing. Costs are rising. Elon Musk is distracted and a distraction. It’s time to buy the stock. Yes, Tesla (ticker: TSLA) is a mess right now, and signs point t...

Tesla Stock Price: Can TSLA sustain or will it undergo a selloff – again?

Tesla price noticed a steep reduction in recent sessions, trading at the $110 mark. TSLA price fell 2.90% intraday with an increase of shorts buildups. The EV manufacturer and clean energy company Tes...

Tesla’s Already Bringing Its Gloom Into 2023. Elon Musk Needs to Act Now.

Tesla terrible start to 2023 only seems to be getting worse. The stock is already down more than 10% this year after just three full trading days and Friday looks to be another tough one. The EV maker...

Tesla stock sinks toward 2 1/2-year low after China price cuts, dragging Nio, XPeng and Li down with it

Shares of Tesla Inc. TSLA, -2.90% took a dive in premarket trading Friday, after the electric vehicle maker cut prices in China again, which also weighed heavily on rival China-based EV makers. Tesla’...

Why a Long-Term Investor Is Sticking With Tesla and Cloud Shares

Everything about the investment approach at Baillie Gifford screams patience. Founded more than 110 years ago, the Scottish portfolio management firm, which oversees $250 billion, is a believer in the...

Amazon, Western Digital, Tesla, Walgreens, and More Stock Market Movers Thursday

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GM sales rise to 2.3 million vehicles in 2022 as EV sales soar

Shares of General Motors Co. rallied Wednesday, after the automaker reported U.S. fourth-quarter and 2022 vehicle sales that rose from a year ago, as a big jump in electric vehicle sales provided a bo...

Cathie Wood Buys $19 Million In Tesla Stock As New ‘Major Worry’ Emerges

Topline Ark Invest, the firm led by prominent stock picker Cathie Wood, bought up millions worth of Tesla during the electric vehicle maker’s worst daily dip in more than two years as Wood continues t...