Welcome to the July 2023 edition of EV company news. Global electric car sales continue to rise, with China leading the way. Click here for a full overview...
Continue ReadingStocks funds are buying: TSLA, GOOGL, META, NFLX, TDG, FSLR, AAPL, ADBE and TDG are among stocks funds are buying amid earnings season...
Continue ReadingTesla stock is falling. According to the National Highway Traffic Safety Administration website, there have been reports of steering issues with some Model 3s. “After receiving 12 complaints from owners of 2023 Tesla Model 3 and Model Y vehicles, NHTSA opened a preliminary evaluation into 280k vehicles over reports of loss in steering control and power steering,” writes Deutsche Bank analyst Emmanuel Rosner...
Continue ReadingNothing galvanizes people these days like love for their pets and a recent scary incident with a Tesla driver and her dog has people on Reddit swearing off the popular electric vehicle maker. Reddit user MagnetBane posted a frightening picture on her pup locked inside of his Tesla for what she said was nine hours. The user said that Tesla couldn't get in contact with the car to open the vehicle remotely but the vehicle took itself offline...
Continue ReadingTesla is driving the public discourse around a game-changing automotive technology. And that isn't a great thing for the competition...
Continue ReadingUnion leader Shawn Fain outlines labor’s priorities in talks with carmakers, indicating a widening gulf between the two sides...
Continue ReadingThe Dow Jones Industrial Average slid 225 points Wednesday after Fitch downgraded the U.S.'s debt rating. ADP's jobs data was strong. AMD stock sold off on earnings...
Continue ReadingTo Ark Invest, Tesla is the biggest AI player out there. Cathie Wood, the CEO of Ark Invest, loves the company, not as an EV leader, but as an artificial intelligence pioneer. AI is what makes Autopilot and Full Self-Driving (FSD) possible, and the more people use FSD, the more data Tesla will have to improve its models...
Continue ReadingMusk said himself that he is the "boy who cried FSD" -- but the Tesla CEO thinks the company is really close...
Continue ReadingHorizon Kinetics recently released its Q2 2023 commentary. Click here to read the full fund letter...
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