BYD and Tesla results show the strong are getting stronger. Combined, Tesla and BYD have delivered almost 1.6 million EVs over the past six months, up about 70% year over year...
Continue ReadingSPDR S&P 500 ETF Trust could be heading towards a bear market, alongside one hopeful factor for future growth. Click here to read an analysis on SPY ETF...
Continue ReadingThis story was first published on the Benzinga India portal. Indian government officials suggested Tesla Inc (NASDAQ: TSLA) – currently discussing setting up a plant in India – partner with local firms to work with any Chinese suppliers the electric carmaker is currently involved with. What Happened? Officials from Tesla told the Indian government that they’d like some of their Chinese suppliers to establish operations in India to bolster the supply chain. According to sources speaking to Reuter...
Continue ReadingIn this piece, we will take a look at ten recent IPOs in 2023. If you want to skip background activity in the sector this year, then head on over to 5 Recent IPOs in 2023 to Consider. Most companies don’t list their shares on the stock market. While big ticket names such as Apple, […]...
Continue ReadingGeneral Motors division eliminates one of its planned all-electric models that would have competed with Tesla's Model Y...
Continue ReadingFutures fell as Fitch downgraded U.S. debt ratings. AMD and ELF Beauty were big earnings movers late...
Continue ReadingThe S&P 500 finished 0.3% lower on Tuesday, Aug. 1, 2023, as weaker-than-expected earnings from pharmaceutical companies weighed on the broader index...
Continue ReadingTesla, Inc (NASDAQ:TSLA) was dropping about 2% on Tuesday, continuing to trade sideways ahead of another week of big-tech earnings, which will kick off with Advanced Micro Devices, Inc reporting today after the closing bell and finish with Apple, Inc and Amazon.com, Inc printing their results on Thursday. Tesla's horizontal trading pattern has been taking place on decreasing volume, which indicates consolidation and the moves lower are a sign of bulls taking profits rather than bears regaining c...
Continue ReadingNio, Li Auto, XPeng and BYD reported strong July sales early Tuesday, with all four Tesla China rivals showing momentum. Li Auto stock scored a new high after more than doubling year to date, but its peers fell. Li Auto deliveries surpassed 30,000 for the second straight month, with Li keeping the top spot among startups...
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