Ark Invest’s CEO Cathie Wood buys more shares of cryptocurrency exchange Coinbase (COIN) and electric vehicles firm Tesla from the dip. Cathie Wood remains bullish on electric vehicles and cryptocurre...
Tag: TSLA
Lucid Secures EV Batteries, But the Stock Falls Anyway
Electric vehicle start-up Lucid is securing electric-vehicle batteries ahead of its product line expansion. The stock isn’t getting any benefit though. Tesla might be to blame. On Tuesday, Lucid (tick...
Tesla (TSLA) stock price prediction for December 30, 2022
Tesla (NASDAQ: TSLA) continued to experience enormous growth and hit new records in 2022 regarding delivery numbers. In places like Europe, electric vehicle (EV) sales grew in Q3 despite economic chal...
Toyota Changing EV Strategy in Bid to Catch Tesla: Report. It’s Way Behind.
Toyota Motor has been slow to develop all-battery electric models. Now it wants to pick up the pace, as it tries to keep pace with Tesla and other EV makers, and suppliers will be key to its efforts. ...
Cathie Wood says the better historical parallel for the current high inflation environment is World War I, not the 1970s
Ark Invest CEO Cathie Wood says investors are looking at the wrong historical period in making comparisons with the current high inflation environment. “If you go back to the 19-teens, then the period...
Why Tesla Stock’s Ceiling Is Now $200. Where the Floor Might Be.
Tesla hasn’t had a lot of important fundamental news recently, which leaves the stock at the mercy of its chart. And the chart doesn’t look very good. Until something fundamental changes, Tesla (ticke...
S&P 500, Nasdaq post worst day in month after strong data fuels worry about Fed rate hikes
The S&P 500 and Nasdaq Composite indexes recorded their worst day in almost a month on Monday, after a hotter-than-expected U.S. services-sector reading fueled concerns that the Federal Reserve ma...
Tesla plans to cut car production in Shanghai as demand wanes: report
Facing weaker demand in China, Tesla Inc. TSLA, +0.08% plans to reduce production at its Shanghai plant by possibly 20% in December, Bloomberg reported on Monday, citing sources. The cuts could kick i...
Canada’s Largest Pension Sells Apple, Tesla, NIO, XPeng, Li Auto Stock
Canada’s largest pension fund by assets under management recently made striking changes in its investments in Apple and four prominent electric-vehicle makers. Canada Pension Plan cut its stake in App...
Slowing Inflation Isn’t Good for All Stocks. The Challenge That Tesla and Others Could Be Facing.
Inflation may have peaked, which could be bad news for stocks that have benefited from higher prices. It has taken time, but the market has finally coalesced around the idea that inflation won’t get h...
Tesla (TSLA) Stock Soars 7% on News Fed May Slow Rate Hikes
Tesla CEO Elon Musk was one of those who shared his sentiments on the likelihood of a recession next year. The shares of American multinational electric car manufacturer Tesla Inc (NASDAQ: TSLA) are s...
Competitors chip away at Tesla’s share of U.S. EV market
DETROIT — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collec...
XPeng Stock Gets Another Downgrade. It’s Becoming More Controversial Than Tesla.
Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eigh...
Elon Musk Email Was Old News. He Still Likes His Advice For Managers.
Tesla CEO Elon Musk looked to have some welcome news for investors. But it was old news. All that investors can take away from a Saturday tweet is Musk doesn’t like a lot of meetings. An email from Mu...
Morgan Stanley Compares Bitcoin (BTC) to Tesla (TSLA)
Alex Dovbnya American banking giant Morgan Stanley has drawn parallels between Bitcoin and Tesla American banking giant Morgan Stanley recently compared the performance of Bitcoin (BTC) to that of Tes...
Tesla stock at two-year low, other EV-maker stocks tank as concerns swirl about China, oil futures
Tesla Inc. TSLA, -6.84% shares and shares of other electric-vehicle makers underperformed the broader market in midday trading Monday, as worries about China’s COVID lockdowns were back to the f...
Tesla (TSLA) Stock Remains Preferable Despite Recent Lows
Tesla stock is one of the most talked about and heated stocks across the markets. Many instances that took place lately including Tesla and CEO Elon Musk ended up affecting the Tesla stock price. Broa...
Elon Musk testifies in shareholder lawsuit over Tesla compensation package
WILMINGTON, Del. (AP) — Tesla TSLA, -2.01% CEO Elon Musk took the witness stand Wednesday to defend himself in a shareholder lawsuit challenging a compensation package he was awarded by the company’s ...
Elon Musk Has the Next Tesla CEO in Mind. There Are a Few Candidates.
Tesla board member James Murdoch said Elon Musk knows who could run Tesla after him. It might have been a throwaway line said while being questioned in a trial. Still, it’s a chance for investors to ...
The Fisker Ocean Is a Reality. Why It’s Not Just Another EV.
Today is the day, the day when production of the all-electric Fisker (ticker: FSR) Ocean SUV begins. Fisker is not Tesla It’s a small EV start-up that will only deliver a handful of cars in 2022, but ...
Tesla has a demand problem, or so a Tesla bear says
Tesla Inc.’s recent price cuts on vehicles sold in the U.S. and China point to a possible demand problem, one that could persist into 2023 and cut down on the electric-vehicle maker’s margins. That’s ...