The automaker's plunging vehicle registrations come as CEO Elon Musk's polarizing political activity puts him at odds with the liberal values dominant in the state, which has long been one of Tesla's key markets. In the April-June period, the Texas-based automaker recorded 41,138 registrations in the state, down from 52,119 units in the same period of 2024, according to data from the California New Car Dealers Association...
Continue ReadingLucid Group (LCID) recently announced significant updates for its 2026 Lucid Air lineup, emphasizing enhanced convenience and safety features, including access to the Tesla Supercharger network and improved range capabilities. Over the past month, Lucid's stock experienced a notable 29% increase, a performance that contrasts with mixed movements in the broader market, where the S&P 500 and Nasdaq retreated slightly. While broader market trends influenced many other stocks, Lucid's.....
Continue ReadingARK Invest, led by Cathie Wood, has made a major equity investment in BitMine Immersion Technologies Inc. (AMEX:BMNR), acquiring nearly 4.8 million shares valued at $182 million across multiple ARK funds. BitMine confirmed that the net proceeds of $177 million from this transaction will be used exclusively to buy Ethereum (ETH), as the firm pursues its goal of acquiring 5% of the circulating ETH supply. Thomas “Tom” Lee, Chairman of BitMine’s Board of Directors and Head of Research at Fundstrat,...
Continue ReadingLucid stock is roaring higher after it was announced that the company's Air vehicles will soon be compatible with Tesla's Supercharger network. Owners of Lucid's Air vehicles will be able to use Tesla's charging network starting July 31. This win comes on the heels of a big robotaxi partnership with Uber...
Continue ReadingShares of luxury electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) have been on a roll. News earlier this week had the stock soaring as investors cheered a new partnership that will have Lucid's Gravity SUV on the road as a rideshare robotaxi as soon as next year. Today, news that all Lucid Air sedan models will have the ability to charge utilizing Tesla's Supercharger network beginning July 31 has the stock surging another 9.4% as of midday trading...
Continue ReadingTesla (TSLA) and Alphabet (GOOG, GOOGL) are set to report earnings on Wednesday after markets close, while Intel (INTC) reports on Thursday after markets close. US Bank Asset Management Group chief investment officer Eric Freedman, Ritholtz Wealth Management chief market strategist Callie Cox, and Yahoo Finance Senior Reporter Allie Canal join Opening Bid host Brian Sozzi to discuss the upcoming Big Tech earnings. To watch more expert insights and analysis on the latest market action, check out more Opening Bid here...
Continue ReadingTesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks Analysts Are Tracking Closely. On July 21, Bank of America reiterated the stock as “Neutral” while raising its price target for the shares to $341 from $305. The firm noted that it sees a challenging setup for Tesla shares, but also cited a stronger cash position and revised […]...
Continue ReadingLucid Group (NASDAQ:LCID) shares are up on Tuesday after the company announced upgrades to its 2026 Lucid Air models. These enhancements aim to improve charging accessibility and maintain the vehicle’s long-range capabilities, including a new adapter for Tesla Superchargers. Beginning July 31, owners of any Lucid Air version can tap into over 23,500 Tesla, Inc. (NASDAQ:TSLA) Superchargers across North America by using a Lucid‑approved NACS‑to‑CCS1 adapter priced at $220, offering up to 200 miles...
Continue ReadingCould Tesla’s big push into Japan be a major catalyst for its stock?...
Continue ReadingNew tariffs may hit China's backdoor supply chains, threatening global partners and billions in redirected trade flows...
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