Elon Musk's recent political antics have spurred brand backlash for Tesla. Read more to see whether TSLA stock is a buy, sell or hold...
Continue ReadingFEPI offers a 30% dividend yield using a covered call strategy on top tech stocks. See why FEPI ETF is suitable for income-focused investors...
Continue ReadingTesla's market share in Europe continued to shrink year-on-year in February, data showed on Tuesday, as sales of the all-electric car maker dropped for a second consecutive month despite rising overall EV registrations on the continent. As competition grows, and ahead of the launch of its new Model Y mid-size SUV, Elon Musk's battery-electric (BEV) brand has sold 42.6% fewer cars in Europe so far this year, data from the European Automobile Manufacturers Association (ACEA) showed. Tesla commanded 1.8% of the total market and 10.3% of the BEV market in February, down from 2.8% and 21.6% last year respectively...
Continue ReadingSpinning bright red handkerchiefs and dancing in step to folk music, more than a dozen human-like robots took to China’s biggest stage in January, making a splashy debut at the annual Lunar New Year gala...
Continue ReadingTesla Inc. (NASDAQ:TSLA) CEO Elon Musk endorsed new loan verification measures implemented by the Small Business Administration, highlighting concerns about fraudulent applications using stolen Social Security numbers. What Happened: “No more loans to babies or people too old to be alive,” Musk wrote Monday on X, responding to an announcement from the Department of Government Efficiency (DOGE), which he leads under President Donald Trump‘s administration. The SBA now requires date of birth verif...
Continue Reading(Bloomberg) -- Cathie Wood’s Ark Investment Management LLC remains bullish on Tesla Inc. and expects the stock will hit $2,600 in five years, or almost 10 times its current price.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsLibraries Warn They Could Be ‘Cut off at the Kne...
Continue ReadingCathie Wood, the founder, CEO and chief investment officer of ARK Investment Management, maintains her bet that Tesla's stock will reach $2,600 despite concerns about economic headwinds and "noise" around Elon Musk's role in the Trump administration. She also talks about EV competition with BYD, investment opportunities in China and how investors are seeing a more deregulated environment in the US. Wood speaks exclusively to David Ingles on the sidelines of the HSBC Global Investment Summit in Hong Kong...
Continue Reading(Bloomberg) -- BYD Co.’s sales last year surpassed the $100 billion mark, leapfrogging Elon Musk’s Tesla Inc., as the Chinese auto giant wows consumers with a range of electric and hybrid cars packed with high-tech features.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsLib...
Continue ReadingDow Jones Futures: Trump Tariff News Sparks Big Stock Market Rally; Nvidia, Palantir, Tesla Lead...
Continue ReadingThe sharp decline in Tesla's (NASDAQ: TSLA) share price has been one of the biggest stories of 2025 and a recent report by JPMorgan (NYSE: JPM) analysts predicts even heavier losses on the horizon. The analysis bluntly observed, “We (JP Morgan) struggle to think of anything analogous in the history of the automotive industry in which a brand has lost so much value so quickly.” Forbes published highlights of JPMorgan's analysis shortly after Fortune reported Tesla's stock lost $127 billion in val...
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