Investigators recovered writings on Matthew Alan Livelsberger’s phone that aired concerns about the direction of the U.S...
Continue ReadingThe transaction was part of Musk’s year-end tax planning. The recipients “have no current intention to sell” the shares, the Securities and Exchange Commission filing said...
Continue ReadingLas Vegas police used DNA to confirm that the body found in the Tesla Cybertruck after its explosion was Matthew Livelsberger, an active U.S. servicemember...
Continue ReadingThe S&P 500 added 1.3% on Friday, Jan. 3, ending a streak of five straight down days as stocks looked to regain their momentum to start the new trading year...
Continue ReadingTesla fourth-quarter sales didn’t live up to lofty expectations. Ford Motor and General Motors on Friday reported their year-end U.S. delivery figures. Ford stock was up 2.4% in afternoon trading, while the and were up 1.3% and 0.8%, respectively...
Continue ReadingRivian (RIVN) shares surged by over 13% Friday morning — at the time of this video's posting in the afternoon, shares are currently up by over 22% — after beating fourth quarter EV delivery estimates: posting nearly 14,200 EVs during the fourth quarter and delivering nearly 51,580 electric trucks in 2024. On the other hand, Tesla (TSLA) saw a decline in its annual EV sales for the first time in over a decade. RBC Capital Markets Global Autos Analyst Tom Narayan joins the Morning Brief team to weigh in on the two electric automakers' recent performances. "I think it's both of those may be overanalyzed a little too much," Narayan tells Brad Smith and Madison Mills. "For the Rivian one, we knew the company told us that Q4 was going to be stronger than Q3, they had a supply issue in Q3. The Q4 delivery number was actually consistent with their guidance." Narayan explains that while Tesla came out below consensus estimates, its EV delivery results were "still a solid number," noting the company to have gotten a boost this past quarter amid conversations around the future of its full self-driving (FSD) capabilities. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch...
Continue ReadingTesla announced its first YoY decline in vehicle sales, of just over 1%, well below 30-40% growth goals. Click here to find out why TSLA stock is a Strong Sell...
Continue ReadingThe shares dropped more than 6% to start a new year of trading after the company reported weaker-than-expected fourth-quarter deliveries...
Continue ReadingDemand for pickup trucks and hybrid vehicles helps automakers increase deliveries; challenges loom for ‘25...
Continue ReadingRivian stock soared Friday after the electric truck maker reported better than expected vehicle sales for its quarter ending Dec. 31...
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