The Nasdaq led stocks higher as the 10-year Treasury yield fell from 16-year highs. Tesla stock cleared a buy point...
Continue ReadingAfter a dismal 2022, equity markets have rebounded quite strongly in 2023, lifted by artificial intelligence, the slowdown of interest rate hikes and improving inflation prints...
Continue ReadingInterest rates stopped going up, and there were also positive data points for auto industry sales today...
Continue ReadingCiting strong auto sales in the third quarter, Cox Automotive analysts hiked their sales forecast for the full year...
Continue ReadingTesla shares rose Wednesday after the EV maker said it would sell a rear-wheel drive version of its most popular vehicle, the Model Y, at the lowest price yet for that SUV...
Continue ReadingDents, dings and other miscellaneous damage to body panels are the just some of the quirky and inevitable realities of car ownership that affects drivers of all makes and models. Whether you, or the people you trust with your precious set of wheels, are bad at parking, the victim of runaway shopping carts or fall victim to the driving mishaps of other drivers, the replacement or repair of damaged body panels and bumpers are procedures for which owners will commonly put off or begrudgingly shell out the funds. Such common incidents can result in very expensive trouble for owners of Rivian's popular R1T electric pickup truck, as several dissatisfied customers took to social media to report five-figure repair estimates for seemingly minor dents in one vulnerable part of the car...
Continue ReadingShares of electric-vehicle maker Tesla are rallying Wednesday on no official news. It's likely bearish investors trying to manage their bets against Tesla stock...
Continue Readingimg alt="Tesla's stock was among Wednesday's top gainers." src= https://media.zenfs.com/en/wsj.com/760111d7ee55670011a57e67d3ed83e0 data-uuid= 3514d966-d5f4-370e-aefd-a6a41e784275 > p >Tesla shares are up 4.4% in recent trading, making them the best performers in the S&P 500 on Wednesday...
Continue ReadingMarkets were higher at midday on Wednesday, Oct. 4, 2023 as a report showing a slowdown in private sector hiring eased worries that a strong labor market would encourage the Fed to hike interest rates further...
Continue ReadingTesla appeared to shake off any lingering investor concern over its third-quarter delivery miss earlier in the week, with TSLA shares powering above a key level, leading the S&P 500 Wednesday. With Tesla bulls betting on a fourth-quarter rebound in deliveries with the revamped Model 3 in China and the expected Cybertruck delivery launch, Tesla stock advanced 4...
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