BENGALURU (Reuters) -U.S. electric car maker Tesla Inc is planning to double the number of components it imports from India, Indian trade minister Piyush Goyal said on Tuesday through a post on social media platform X. He was, however, unable to meet Tesla chief Elon Musk during his visit to the plant, Goyal added...
Continue ReadingIn this piece, we will take a look at Cathie Wood and Ark Invest’s latest stock picks. If you want to skip our introduction to the well known and oft controversial hedge fund boss, then you can skip ahead to Ark Invest Stock Portfolio: Top 5 Picks. Cathie Wood is one of the more controversial […]...
Continue ReadingAs a wide array of manufacturers from BMW to Chevrolet offer electric cars in their lineup, one must think that the salespeople responsible for getting buyers in the driver's seat would know the in-and-outs of these new, innovative models. According to a report by the Washington Post, many keen adopters of electric vehicles find that car dealers are uneducated and unenthusiastic about learning about this new technology. The paper spoke to several EV buyers who said that dealers tried to sell them gas cars instead, or gave them unclear or blatantly incorrect facts and answers about electric cars...
Continue ReadingApproximately 85% of stocks in the S&P 500 have announced third-quarter results, so far. Revenues have come in just 0.7% better than analysts expected...
Continue ReadingBloomberg reported that the massive country's government might offer tax breaks to electric vehicle (EV) manufacturers that build their autos there. The tax breaks could be in force for up to five years, added the news agency, which cited "people familiar with the matter," as its sources. India's trade minister Piyush Goyal is in San Francisco attending the Asia-Pacific Economic Cooperation (APEC) Leaders' Week event...
Continue ReadingThe S&P 500 fell less than 0.1% on Monday, Nov. 13, 2023, after Moody's cut its outlook on U.S. credit and ahead of Tuesday's report on consumer inflation...
Continue ReadingA biopic of Tesla (TSLA) CEO Elon Musk is reportedly in the works from film distributor and production company A24 with Darren Aronofsky slated to direct the project. Yahoo Finance's Pras Subramanian, Alexandra Canal, and Josh Schafer speculate on the direction of the film and who could play the leading role. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingNow the question is whether the reasons for the jump are good enough for investors to follow those who bought in today. Tesla shares have dropped about 13% over the past month, giving what some investors seem to think is a good opportunity to add shares. Third-quarter results disappointed investors with declines in vehicle production and profitability...
Continue ReadingTesla (TSLA) adds a new clause in its Cybertruck's terms of service restricting customers from reselling the long-awaited EV within the first year of owning it. B. Riley Financial (RILY) shares tumble after S&P Global Ratings downgrade Franchise Group, the owner of chains like The Vitamin Shoppe, which B. Riley holds a stake in. Lastly, CrowdStrike (CRWD) stock rises after an upgrade from Stifel analysts to "Buy." Yahoo Finance Live takes a closer look at several trending stocks after Monday's closing bell. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingThe Dow Jones was up even as House Speaker Johnson met resistance over debt. Cathie Wood snapped up a plunging stock. Tesla stock rallied...
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