For the quarter, the Fidelity OTC Portfolio Fund's Retail Class shares returned -0.33%, trailing the 2.76% advance of the benchmark Index. Click here to read more...
Continue ReadingAt LAUNCH Festival 2015, Peter Thiel offered insights into how Elon Musk simultaneously transformed the auto and aerospace industries through Tesla Inc. and SpaceX. What Happened: In a conversation with Jason Calacanis, Thiel explained that Musk succeeded partly by choosing “weak competition.” He noted that while traditional car companies and the U.S. aerospace sector had “barely innovated in 50 years,” Musk entered these industries with strategic foresight. Don’t Miss: This Adobe-backed AI mark...
Continue ReadingFor Q3 2024, Fidelity Magellan Fund gained 3.28%, trailing the 5.89% advance of the benchmark S&P 500® index. Click here to read the full commentary...
Continue ReadingTwo days after President-elect Donald Trump formally announced the initiative led by the Tesla CEO, they’re already hiring...
Continue ReadingThursday, Jefferies analyst Philippe Houchois raised his price target on Tesla stock to $300 from $195 but kept his Hold rating on shares...
Continue ReadingShares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 electric vehicle (EV) tax credit. Tesla also issued its sixth recall this year for the Cybertruck, this time over a faulty drive inverter component. Tesla wasn't the only EV stock to fall on the news...
Continue ReadingInsights into Baron Capital's Latest 13F Filings and Key Stock Movements...
Continue ReadingShares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit...
Continue ReadingTesla stock was under pressure on Thursday afternoon as the broader Trump trade was fading after a furious post-election rally...
Continue ReadingTesla shares fell Thursday after news broke that the incoming Trump administration will seek to remove EV tax credits. However, the news was already priced into the stock and there are several reasons for investors to remain bullish into next year...
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