Electric-vehicle maker Tesla needs a more compact, less-expensive car to capture more of the auto market. The new EV could be it...
Continue ReadingA conglomerate of unions in Norway said Wednesday it will take action against Tesla in solidarity with its Swedish colleagues, who are demanding that the Texas-based automaker sign a collective bargaining agreement. Jørn Eggum, the head of Fellesforbundet, or the United Federation of Trade Unions, said if Tesla doesn’t accept the demand from Sweden's powerful metalworkers’ union IF Metall by Dec. 20, “we will proceed with the implementation of boycott actions.” Fellesforbundet is organizing, among others, employees in car repair workshops...
Continue ReadingIf you're looking to invest in electric vehicles (EVs), there's one glaring option available in the market: Tesla (NASDAQ: TSLA). While other up-and-coming EV makers and legacy companies are starting their transition to an electric fleet, Tesla still stands above its competition in terms of investment quality. It's not a perfect investment, but Tesla is still the top EV stock to buy right now...
Continue ReadingElon Musk's tussle with a Swedish union has already hit Denmark and could now spread to Norway after a union warned it's considering a block to support strikers...
Continue ReadingInvestors are hoping November's winning ways return to the markets today. After several strong weeks, the Dow (^DJI) and S&P 500 (^GSPC) have hit the brakes the the last few trading days. In Washington, top banking CEOs are set to testify before the Senate Banking Committee today. Expected to testify are the CEOs of Bank of America (BAC), JPMorgan (JPM), Wells Fargo (WFC), Citigroup (C), Goldman Sachs (GS), Morgan Stanley (MS), BNY Mellon (BK), and State Street (STT). Yahoo Finance trending tickers include Bitcoin (BTC-USD), Apple (AAPL), Mastercard (MA), and Tesla (TSLA).Key guests include:9:30 a.m. ET - Ben Laidler, eToro Global Markets Strategist9:40 a.m. ET - Rishi Jaluria, RBC Capital Markets Software Equity Analyst10:15 a.m. ET - Jessica Sibley, TIME CEO11 a.m. ET - Thomas Simons, Jefferies Senior U.S. Economist...
Continue ReadingElon Musk’s artificial intelligence start-up xAI is looking to raise $1 billion from investors in an equity offering, according to a filing with the Securities and Exchange Commission...
Continue ReadingMotorTrend named its 2024 truck of the year on Wednesday. The honor goes to the mid-sized Chevy Colorado...
Continue ReadingTesla's groundbreaking Cybertruck has potential to disrupt the pickup truck market, generating billions in annual sales. Click here for my TSLA update...
Continue ReadingThe "magnificent seven" when referencing stocks is a term created by investing personality Jim Cramer and includes the seven stocks he thinks control the market. On the other end of the spectrum is Nvidia, which increased by more than 200%. Nvidia's 2023 rise can be attributed to one trend: artificial intelligence (AI)...
Continue ReadingIn this review I take a look at what themes worked well in 2023. Click here for some advice on how to prepare for the upcoming year...
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