The Internal Revenue Service updated the rules for electric vehicle tax credits again starting with the first day of 2024. The bad news is that fewer vehicles are now eligible for tax credits and even fewer are eligible for the maximum $7,500...
Continue ReadingIndia will launch a communications satellite using SpaceX's Falcon-9 rocket this year, its first partnership with a venture led by billionaire Elon Musk who also wants to expand his other businesses in the country. The high-capacity satellite aims to boost India's broadband communication, especially in remote and unconnected regions of the country, state-run NewSpace India Ltd (NSIL), the commercial arm of India's space agency, said in a statement on Tuesday. The launch is scheduled for the second quarter of this year, NSIL said...
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Continue ReadingBYD overtook Tesla as the world’s top seller of electric vehicles (EV) at the end of last year, crowning an extraordinary rise for the Chinese carmaker...
Continue ReadingThe amount of trillion-dollar companies will increase with AI proliferation...
Continue ReadingU.S. new vehicle sales likely rose by a low double-digit percentage in 2023 on sustained demand for crossover SUVs and pickup trucks, but analysts fear a challenging year ahead, with high interest rates eating into demand. Industry consultant Cox Automotive called 2023 "a surprisingly strong sales year" but added "high vehicle prices and high interest rates remain the industry's Grinch right now, and that trend will continue into next year." "This is the third consecutive year in which U.S. consumers spent more than half a trillion dollars buying new vehicles," J.D. Power said in a report last month...
Continue ReadingThese three stocks should be on any investor's list to schedule as regular purchases and to hold long-term...
Continue ReadingAfter more than doubling in 2023, the EV maker’s shares are expensive, even relative to analyst profit forecasts that probably need to be cut...
Continue ReadingTesla's share prices saw significant gains in 2023, but these gains are not supported by underlying business fundamentals. Find out why TSLA stock is a Strong Sell...
Continue ReadingIs it too late to invest in these fast-growing stocks?...
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