Tesla EV sales in Europe have fallen in February behind legacy brand Volkswagen and the BMW group, as well as rivals from China, data by research platform JATO Dynamics showed on Monday. Elon Musk's all-electric brand is facing a loyalty test in Europe after the close ally of U.S. President Donald Trump openly supported far-right parties in the continent, including with at least two dozen posts on his X platform promoting Germany's Alternative fur Deutschland. Musk's role in politics, rising competition in the EV market and the phasing out of the existing version of its best-selling vehicle, the Model Y, have all impacted sales, Felipe Munoz, Global Analyst at JATO Dynamics, said in a report...
Continue ReadingAriel Fund declined -0.66% while Ariel Appreciation Fund decreased -0.53% in the fourth quarter of 2024. Click here to read the full commentary...
Continue ReadingIncidents of vandalism against Teslas have risen along with anger against CEO Elon Musk, whose Department of Government Efficiency has led efforts to drastically slash the federal government’s workforce...
Continue ReadingPolitically, Republicans can’t get enough of what President Trump and Elon Musk have wrought. But they have not put their money where their mouths are...
Continue ReadingTesla Stock, Up 15% Since It Hit Lows, Rebounds With The Market...
Continue ReadingBlackRock Technology Opportunities Fund posted returns of 5.46% (Institutional shares) and 5.38% (Investor A shares, without sales charge) for the fourth quarter of 2024...
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Continue ReadingAnalysts are turning more cautious on U.S. corporate earnings for the first quarter of this year, with the Trump administration's policies threatening to trigger a global trade war that could undermine economic growth. Apple, Tesla and Ford Motor are among companies contributing the most to recently lowered estimates for the quarter, along with some insurers, whose projections have been hurt by fires in California early this year, according to Tajinder Dhillon, senior research analyst at LSEG. S&P 500 forecasts for the first quarter of 2025 have fallen by 4.5 percentage points since January 1, the largest downward revision since the fourth quarter of 2023, he said...
Continue ReadingDow Jones Jumps 500 Points On Trump Tariff News; Nvidia, Tesla Rally...
Continue ReadingMost large cryptocurrencies climb on Avalanche, Solana increases...
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