Tesla (TSLA) shares are falling amid slowing sales, fierce competition, and CEO Elon Muskâs political activism. Learn how the EV company compares to Li Auto (LI)...
Continue ReadingWall Street analysts are often criticized for being preternaturally upbeat. In fact, J.P. Morgan put out a report last week that highlighted some of the firm’s most “high-conviction” Underweight (meaning Sell) and Neutral (or Hold) recommendations, saying that they are “compelling structural and tactical short ideas.” J.P. Morgan identified a group of 40 stocks that the bank’s analysts are bearish on at current prices...
Continue ReadingTesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both companies Elon Musk said on his social media platform X. "It's not up to me...We will have a shareholder vote on the matter," Musk said in response to a social media user suggesting that the electric car maker take a stake in xAI, which recently acquired X. "If it was up to me, Tesla would have invested in xAI long ago," the world's richest man said...
Continue ReadingTesla's current technical chart pattern resembles a twilight phase, signaling potential uncertainty or transition in price action. Read more on TSLA stock here...
Continue ReadingTesla investors have to follow what’s going on at CEO Elon Musk’s other companies. as Musk, himself, is a fundamental factor to be tracked...
Continue ReadingOne Elon Musk business might be making a big investment in another...
Continue ReadingDespite Lucid's award-winning cars, its stock has plunged 96% from its peak. When Lucid Group (NASDAQ: LCID) went public in 2021, many investors hoped it would be the next Tesla. Today, those early believers have watched their investments plummet 96% from the stock's peak...
Continue ReadingA busy week ahead for investors will see inflation data, the debate about the Fed's next move, and the start of second quarter earnings season all come into focus after a flurry of trade activity last week...
Continue ReadingOne way to antagonise Elon Musk is to mention that he did not found Tesla. The electric car maker was incorporated by Martin Eberhard and Marc Tarpenning in 2003, a year before Musk led an investment in the company...
Continue ReadingThe sun is shining bright again in the Elon Musk business empire. “Thank you for your contributions,” Musk—who has a way with goodbyes—told his outgoing chief executive at X, Linda Yaccarino, on Wednesday. Just days earlier, it was revealed that Omead Afshar, who was heading sales and manufacturing for Tesla in North America and Europe, had left Musk’s electric-car company...
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