Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk doubled down on his longtime skepticism of LiDAR technology on Thursday following the videos of YouTubers testing his EV vehicles against a ‘Wile E. Coyote' fake wall challenge. What Happened: Musk took to X, .....
Continue ReadingFEATURE How do you solve a problem like Twitter? If you’re Elon Musk, you sell X to xAI. He did OK on the sale. In a Friday evening tweet on X, Elon Musk wrote that xAI had acquired X for $33 billion, or “$45 B less $12B debt...
Continue ReadingInvesting.com -- Elon Musk's AI firm xAI announced the acquisition of his social media platform X (formerly Twitter) in a significant all-stock deal. The transaction values X at $33 billion, excluding X's $12 billion debt, and xAI at $80 billion - for a combined $113 billion...
Continue ReadingWe recently published a list of 10 Mega Cap Stocks Gaining Bullish Momentum This Week. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other mega cap stocks gaining bullish momentum this week. The S&P 500 index started the week with a bang after staying under pressure […]...
Continue ReadingIn a late-Friday message on his social media network X, the Tesla CEO said his artificial intelligence company, xAI, had acquired X in an all-stock transaction....
Continue ReadingDubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Through the first two months of 2025, however, performance for these mega-cap stocks has been mostly negative thus far...
Continue ReadingOntario Premier Doug Ford has expressed his support for retaliatory tariffs in response to U.S. President Donald Trump‘s proposed 25% tariff on automotive imports. What Happened: According to a report by CTV News, Ford urged Prime Minister Mark Carney to convene a first ministers’ meeting following Trump’s announcement. Ford, speaking at Queen's Park on Wednesday, emphasized a “tariff for tariff” approach, while awaiting Trump’s actions on April 2. "I do not want to hurt other provinces, but I c...
Continue ReadingTesla (NasdaqGS:TSLA) experienced a 16% increase in its share price last week, highlighting a robust performance amid challenging market conditions. This price movement comes as major indexes, including the S&P 500 and Nasdaq, faced declines following concerns over rising inflation and weak consumer sentiment. Despite these broader economic concerns negatively impacting mega-cap tech stocks, including a decline in companies like Amazon and Microsoft, Tesla's resilience stands out. The.....
Continue ReadingShares of the electric vehicle (EV) company Tesla (NASDAQ: TSLA) traded 3.4% lower, as of 12:18 a.m. ET today. The Federal Reserve's preferred gauge of inflation, the Personal Consumption Expenditures index, rose 0.4% from the prior month and came in at 2.8% higher year over year, slightly above estimates. Meanwhile, Deutsche Bank analyst Edison Yu issued a report on Tesla Friday morning, maintaining his buy rating but lowering his price target from $420 to $355...
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