Tag TSLA

Li Auto (LI) stock is down more than 7% in Friday’s trading session. The selloff appeared to be a direct reaction to the U.S. election result, with president-elect Donald Trump vowing to raise tariffs on Chinese imports. However, Li Auto doesn’t export to the U.S. and doesn’t have plans to. As such, I think the selloff is unwarranted. More broadly, I think the stock is oversold and undervalued based on projected earnings growth. That’s why I’m bullish. Trump’s Tariffs Donald Trump is the preside...

If you want a brand-new Tesla Cybertruck, you might be surprised to discover you can have one built and delivered to your door in 10 days. While that sounds great for anyone in the market for one of these futuristic-looking trucks, it's a worrying sign for Tesla. It suggests that demand for the Cybertruck is nowhere near what Tesla hoped for – and that's a big problem for the company. Don't Miss: This Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands l...

Meta Platforms is nearing a point similar to where its big tech peers last split their stocks...

Tesla's shares have jumped 28% since Tuesday alone...

M&A could be back on the menu for companies looking forward to a second Donald Trump presidency — major banks anticipate a slew of beneficial deregulations while Big Tech believes it has found a new friend in its antitrust battles with the Federal Trade Commission (FTC). To expand more upon how Corporate America is interpreting Trump's 2024 election victory over Vice President Kamala Harris, ARK Investment Management CEO and CIO Cathie Wood sits down with Julie Hyman and Josh Lipton on Market Domination Overtime. Wood's firm manages the ARK Innovation ETF (ARKK), which has a variety of holdings in tech players like Tesla (TSLA), Palantir Technologies (PLTR), and Coinbase Global (COIN). Wood calls Securities and Exchange Commission (SEC) Chair Gary Gensler "a menace" to crypto-adoption in the US, and says replacing FTC Chair Lina Khan will "break the M&A logjam" for most companies. "I think venture capital has been harmed dramatically in the last few years, for lack of liquidity events. Liquidity events, very importantly, involve mergers and acquisitions, and those ground to a halt, even in mergers or deals where the two companies were not competing with each other," Wood tells Yahoo Finance. A long-time supporter of Tesla (TSLA) CEO Elon Musk, Wood believes he will play a "vitally important role" in Trump's government efficiency initiative while remaining "focused" on the plethora of companies he owns. "As he says, and I've always believed, government spending is taxation, and we are bloated right now. We're just overwhelmed with taxation as well," Wood explains. "So I think that he's going to be really important in two ways — introducing new technologies, and actually cutting out a lot of middlemen in the government, just like he did at Twitter." Tesla currently makes up 14.21% of the ARK Innovation ETF, the holdings worth just over $900 million. Wood is forecasting Tesla stock to reach $2,600 in five years time; while confident in the EV maker's ability to bring safe fully autonomous vehicles to market, she disagrees that Tesla's most recent stock jump has to do with Musk's affiliation with Trump. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan...

Tesla (TSLA) stock is surging after Donald Trump secured his second term as President of the United States. Tesla CEO Elon Musk's involvement in his political campaign has sparked speculation about a potential advisory role in Trump's administration. Wedbush managing director and senior equity research analyst Dan Ives joins Asking for a Trend to discuss potential impacts on Tesla and the broader tech sector. "It's a new era with Trump because ultimately, if you look now, autonomous is going to get fast-tracked in our opinion, and that is significant because of Tesla and the AI future," he tells Yahoo Finance, describing Musk's strategic backing of Trump a "poker move for the ages." Ives outlines three key potential impacts that could benefit: changes to EV tax credits could give Tesla advantages in price, scale, and scope, the Cybercab project "could get accelerated by years," and current regulatory issues "essentially now go away." "Musk is going to be a whisper in the White House, and that is something the market is factoring in," Ives states, describing it as "a Goldilocks scenario for any tech investor." To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith...

Elon Musk’s relationship with President-elect Donald Trump turned out to be an incredible hedge for shares of Musk’s electric-vehicle company Tesla...

The U.S. government's highway safety agency says Tesla is telling drivers in public statements that its vehicles can drive themselves, conflicting with owners manuals and briefings with the agency saying the electric vehicles need human supervision. The National Highway Traffic Safety Administration is asking the company to “revisit its communications” to make sure messages are consistent with user instructions. The request came in a May email to the company from Gregory Magno, a division chief with the agency's Office of Defects Investigation...