SAN FRANCISCO (Reuters) -A key driver of Tesla's profit is disappearing fast as the U.S. government changes policies on an environmental asset known as regulatory credits. Investors are likely to have a number of questions for Chief Executive Elon Musk when Tesla reports second-quarter results on Wednesday. Among them are how fast the EV maker can turn a trial robotaxi program into a money-making business, how to avoid a decline in sales for the second year in a row, and Musk's possible political plans...
Continue ReadingThe most widely-followed gauge of market fear and uncertainty edged higher on Tuesday, but it was still signaling calm ahead of a deluge of earnings reports. The Cboe Volatility Index, which tracks S&P 500 options and trades under the ticker VIX, climbed to just under 17 in early trading...
Continue ReadingTesla (TSLA) and Alphabet (GOOG, GOOGL) will kick off "Magnificent Seven" earnings on Wednesday. Annandale Capital founder and chairman George Seay and Futurum research director for semiconductors, EV, and autos Olivier Blanchard join Morning Brief with Julie Hyman to share their expectations for Magnificent Seven earnings. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here...
Continue ReadingStock market momentum stalls, TSMC joins $1 trillion club, short sellers circle Opendoor, and more news to start your day...
Continue ReadingThe five-day third edition of the China International Supply Chain Expo (CISCE) concluded in Beijing. Held under the theme Connecting the World for a Shared Future, the event demonstrated China's ongoing commitment to expanding access and strengthening international collaboration across global industrial and supply chains...
Continue ReadingThe most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Tuesday's...
Continue ReadingIts upstart rival, Rivian Automotive, is preparing to replicate that success. The average price target among Wall Street analysts for Rivian Automotive (NASDAQ: RIVN) stock is $14.72 per share. Rivian, meanwhile, is valued at just $16 billion -- less than 1% of Tesla's size...
Continue ReadingTesla, Inc.'s declining fundamentals and unsustainable valuation signal risk. Click for key TSLA challenges and why a Strong Sell rating targets $130â$140...
Continue ReadingTesla faces declining revenue and EPS, losing market share to competitors like BYD, and domestic headwinds from high interest rates. Learn more on TSLA stock here...
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