Elon Musk says Tesla pays its workers more than UAW members, adding to cost pressures facing Big 3 rivals as they ramp up EV-production efforts...
Continue ReadingTesla's billions of outstanding shares are largely owned by institutional and retail investors, though the company's CEO, Elon Musk, has a nearly 13% stake in the company, worth around $90 billion, according to the Nasdaq. Among them, Cathie Wood's Ark Invest, bullish on promises of autonomous tech and artificial intelligence, has been a prominent Tesla shareholder for a long time. Despite Ark's confidence in Tesla and Musk, the firm has been known to cut its holdings on occasion...
Continue ReadingPer the state governor, Tesla (TSLA) and its suppliers will invest $15 billion in a Gigafactory over the next two years. The investment is thrice the amount previously announced by the officials...
Continue ReadingThe Dow Jones Industrial Average dropped Friday amid key economic data. Adobe stock sold off on mixed earnings results...
Continue ReadingIn this article, we discuss the 10 best ESG ETFs to buy. If you want to skip our discussion on ESG-related investment trends, you can go directly to the 5 Best ESG ETFs. There has been a surge in environmental, social, and corporate governance (ESG) related assets under management (AUM) in the last two decades […]...
Continue ReadingChinese automakers like BYD have notched impressive growth in Europe as consumers flock to their affordable electric-vehicles...
Continue ReadingOne of Tesla's (NASDAQ: TSLA) longest-standing and most consistent bulls is Ron Baron, a billionaire investor and chairman and CEO of Baron Capital. Highlighting his big bet on the company, Baron personally owns 4.5 million shares (valued at about $1.2 billion). It's no wonder he's so heavily invested; he believes Tesla shares could soar 4x to 5x from their current value over the next seven years, he told CNBC on Wednesday...
Continue ReadingGeneral Motors , Stellantis and Ford — thousands of members of the United Auto Workers union went on strike Sept. 15. Rather than call a complete strike of all 146,000 members, union president Shawn Fain has instated a rolling strike, which he called a "stand-up strike." "If they come to the pump and they take care of their workers, we'll be back to work," Fain said Friday...
Continue ReadingCar prices are declining across the board. According to Kelley Blue Book, average transaction prices are down 2.4%, or $1,212, from the start of the year -- the biggest decrease in a decade. The.....
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