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Continue Reading7 tech stocks accounted for almost 75% of the S&P 500's year-to-date gains, marking the technical start of a new bull market, even as investors raised concerns about narrow market breadth...
Continue ReadingShares of EV leader Tesla have taken a beating for the past couple of weeks, for reasons related both to the company and to what is happening in financial markets. Tesla (ticker: TSLA) stock dropped 1.7% to $215.49, while the was flat and the was down 0.2%. The loss marked the sixth consecutive drop for Tesla stock and the 13th in the past 14 trading sessions...
Continue ReadingTesla has proposed a service and sales center in Doral, which would be its third such location in Miami-Dade County. The City Council will hold a zoning meeting Aug. 23 to consider the request by the Austin, Texas-based electric vehicle manufacturer (Nasdaq: TSLA) to convert the warehouse at 9950 N.W. 25th St. into a service center and showroom. Under the proposal by Tesla, the warehouse would be converted to a showroom, service center and office space for Tesla employees...
Continue ReadingThe shares were down 1.1% in early trading, putting them on pace to drop for a sixth consecutive day...
Continue ReadingThe Dow Jones Industrial Average held up relatively well in the early going Friday, but sellers hit technology stocks again...
Continue ReadingXPeng Inc (NYSE: XPEV) issued its second quarter report that showed that the price war that Tesla Inc (NASDAQ: TSLA) recently rekindled took a toll on its margins. Upon the report that contained the EV maker’s greatest loss since going public, XPeng’s U.S. shares tanked 7% in pre-market trade. Besides its in-house issues, XPeng is facing intense competition not only from giants like Tesla and its main China rival BYD Company Limited (OTC: BYDDY) but also from other EV startups like Nio Inc (NYSE...
Continue ReadingAn in-depth analysis of Tesla's intrinsic value, financial strength, profitability, and growth prospects...
Continue ReadingSpaceX, the space company co-founded and led by Tesla (TSLA) CEO Elon Musk, turned a profit of $55 million in the first quarter, according to a report from the Wall Street Journal. Yahoo Finance Live goes through the numbers and explains why the company may not want or need to go public...
Continue ReadingTesla (TSLA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues...
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