Chinese electric vehicle champion BYD has reported a 60% surge in sales in the first quarter of the year as archrival Tesla stumbles...
Continue ReadingCOPENHAGEN (Reuters) -Sweden's largest insurer Folksam said on Wednesday it has sold its stake in electric car maker Tesla over concerns about the company's stance on workers' rights. Tesla, headed by billionaire Elon Musk, is facing a backlash from unions and some pension funds in the Nordic region over its refusal to accept a demand from Swedish mechanics for collective bargaining rights covering wages and other conditions. Tesla did not immediately respond to a request for comment...
Continue Reading(Bloomberg) -- Elon Musk’s candidate faced a resounding loss in a Wisconsin judicial race despite the world’s richest man pouring millions into the campaign, while Republicans avoided upsets in two critical US House seats in Donald Trump’s home state of Florida.Most Read from BloombergWhat Frank Lloyd Wright Learned From the DesertMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fi...
Continue ReadingHeading into trading on Monday, the S&P 500 was down around 5% to start 2025. The three worst-performing stocks on the broad index as of Monday were Deckers Outdoor (NYSE: DECK), Tesla (NASDAQ: TSLA), and On Semiconductor (NASDAQ: ON). The S&P 500 stock down the most after the first quarter of 2025 is Deckers Outdoor, a footwear company that is struggling mightily despite posting what seemed to be decent results in its most recent quarter...
Continue ReadingThe Fund returned -0.25%, reflecting performance at the net asset value of Class I shares with all distributions reinvested for the quarter ended September 30, 2024...
Continue ReadingRivian (NASDAQ: RIVN) stock posted big gains in Tuesday's trading thanks to a pair of bullish catalysts. The electric vehicle (EV) company's shares ended the day up 6.4% amid the backdrop of a 0.3% gain for the S&P 500 and a 0.8% gain for the Nasdaq Composite. The stock also got a boost from recent analysis that Rivian could benefit from recent controversies surrounding Tesla and its CEO Elon Musk...
Continue ReadingThe controversial CEO recently made a shocking decision...
Continue ReadingDow Jones Futures Fall With Trump Tariffs, Tesla Deliveries On Deck...
Continue ReadingBack in 2019, Elon Musk was surprisingly upbeat for a guy juggling rockets, cars, and a brain-chip startup. At a Neuralink event at the California Academy of Sciences, Musk made it clear—he wasn't buying into the whole "everything's terrible" narrative. "Humanity can address a lot of the suffering that occurs in the world and make things a lot better," he said. "I think a lot of times people are quite sort of negative about the present and about the future, but really if you are a student of his...
Continue ReadingTesla (TSLA) shares have been hit by CEO Elon Musk's involvement with the Trump administration. But it's not just public relations concerns that have led to the stock's decline. As BofA Securities senior automotive analyst John Murphy explains, there is a "massive change" that has also been impacting the business. Find out what it is in the video above. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
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