The U.S. economy has remained resilient and seemingly largely impervious to the Fed's highest rates in more than two decades...
Continue ReadingThe leader in the luxury electric vehicle market is unsurprisingly Tesla , as the company's Model Y SUV became the world's best-selling car with about 267,200 vehicles sold in the first three months of the year. The Munich, Germany-based automaker's chairman of the board of management said the company will begin production at its Debrecan, Hungary plant in 2025, then at its Munich plant in 2026...
Continue ReadingRecent subsidy shifts in China favor merit over quantity, benefiting innovative companies like Li Auto. Read why LI stock is a Buy...
Continue ReadingZachary Kirkhorn, who some watchers of the EV company have said could take on an expanded role if CEO Elon Musk wanted to do less, is stepping down...
Continue ReadingLearn about TQQQ, a 3x leveraged ETF that aims to amplify the daily movement of QQQ. Understand its leverage and consider market volatility when investing...
Continue ReadingTesla (TSLA) CFO Zach Kirkhorn has stepped down from his role at the EV maker. The Apple (AAPL) iPhone 15 is set to debut on September 22, ahead of device sales slowdowns reported by Apple. Paramount (PARA) reports mixed earnings results, citing challenges in broadcast TV advertising. Yahoo Finance Live's Diane King Hall highlights several of Monday's top stories...
Continue ReadingThe S&P 500 snapped a four-day losing streak on Monday, Aug. 7, 2023, rising 0.9% after the latest round of earnings reports...
Continue ReadingDow Jones futures: Apple and Tesla stock extended their losses Monday. Palantir plunged on earnings after the close...
Continue ReadingFor all those who are not Tesla Inc (NASDAQ: TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales skyrocketed 65% last year while automotive sales contracted 8%, the EV adoption is everything but fast as it entails hefty costs. For manufacturers, Tesla made it even harder by starting a price war at the beginning of the year, one that not many are able to...
Continue ReadingTesla surprised the Street with news of the departure of its longtime CFO...
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