Tesla's stock is stuck in a debilitating downtrend, and there is significant risk into earnings tonight. However, for long-term investors with a risk appetite, TSLA appears to be attractive for a long-term investment once the short-term volatility and smoke settle...
Continue Reading(Bloomberg) -- Two and a half years ago, Tesla Inc. was worth almost $1 trillion more than Toyota Motor Corp., the world’s second-most valuable automaker.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020Zimbabwe’s ZiG Wipes Out 330% Stocks RallyBillionaire Pinaults Fight to Pull Gucci Off the Discount RackLately, that lead has been shrinkin...
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Continue ReadingTesla shares could snap their losing streak or extend it today. Investors should brace for volatility. Options markets imply the stock will move roughly 10%, up or down, after the company releases its earnings report after the market closes today...
Continue ReadingTesla stock was up 2% Tuesday morning ahead of earnings later in the day. If Tesla stock closes in the green, it will snap a seven-day losing streak. The S&P 500 and Nasdaq Composite were up 0.8% and 1%, respectively...
Continue ReadingThe electric-vehicle maker is set to post earnings after the market close, and its results will draw even more attention than usual given the stock’s rocky performance this year. Stock indexes opened higher after a slew of other household names put out earnings early Tuesday. GM raised its profit outlook after strong first-quarter results, while PepsiCo earnings climbed, but missed analyst expectations. Spotify shares rallied after the company said it had swung to a profit...
Continue ReadingStock Market Today: Dow Jones futures rose Tuesday, as GM stock surged on a big earnings beat. Tesla earnings are due next...
Continue ReadingTesla's earnings may not bring much good news to investors...
Continue ReadingTesla on Tuesday said it was targeting 400 job cuts at its German gigafactory near Berlin, adding the plan was to achieve this through a voluntary programme instead of forced layoffs. "The currently weakening sales market for electric cars is also presenting Tesla with challenges," the company said in a statement, adding talks were being held with the plant's works council about the cuts. Tesla's Gruenheide site employs more than 12,000 staff and the carmaker last week said it would part with around 300 temporary workers, with the electric car maker planning global cuts of around 10%...
Continue ReadingFRANKFURT (Reuters) -Tesla on Tuesday said it was targeting 400 job cuts at its German gigafactory near Berlin, adding the plan was to achieve this through a voluntary programme instead of forced layoffs. "The currently weakening sales market for electric cars is also presenting Tesla with challenges," the company said in a statement, adding talks were being held with the plant's works council about the cuts. Tesla's Gruenheide site employs more than 12,000 staff and the carmaker last week said it would part with around 300 temporary workers, with the electric car maker planning global cuts of around 10%...
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