Tag TSLA

Electric-vehicle maker Tesla disclosed more in a regulatory filing than it did in its third-quarter report...

In June, Ark Invest's flagship Innovation ETF owned around 3.5 million shares of Tesla , a holding that was weighted at more than 12.5% of the fund. Ark Innovation went on to sell millions of dollars worth of Tesla stock throughout September, a theme that has persisted into October. Despite Ark Invest's ultra-bullish standpoint on Tesla, and despite the firm's apparent effort to keep its Tesla holding contained at around 10% of the fund, Ark has sold nearly a million Tesla shares over the past several months, cutting its exposure down in the leadup to a lackluster third-quarter earnings report...

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In a regulatory disclosure, the EV maker revealed the Department of Justice had escalated its probe into Tesla’s autonomous driving technology...

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Shares of Fisker (NYSE: FSR) pulled back Monday morning as it became the latest electric vehicle (EV) manufacturer to announce price cuts, offering another sign that the EV market is weakening. In a press release Monday, Fisker said it would lower U.S. prices on the Ocean Extreme from $68,999 to $61,499, and it will give customers who have already ordered the vehicles a $7,500 price adjustment. Separately, it opened all 2024 orders for the Fisker Ocean and said it would raise prices on the lower-priced Fisker Ocean Ultra and Sport trim levels on Nov. 6, a move that's designed to drive new orders before then...

Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...

Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...