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Continue ReadingNVIDIA and Marathon Digital are part of the Zacks Bull and Bear of the Day article...
Continue Reading(Bloomberg) -- For active managers who spread out their bets across the world’s largest stock market, these are harsh times on Wall Street. Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep Prices Across USAMLO Protege Sheinbaum Becomes First Female President in MexicoKrugman Says China Is ‘Bizarrely Unwilling’ to Boost DemandA historically small...
Continue ReadingChina has granted approval to a first group of nine automakers to carry out tests on vehicles with advanced autonomous driving technologies on public roads, as part of a plan to accelerate adoption of self-driving cars. The tests of so-called level three autonomous driving technologies will be carried out by automakers including BYD and Nio, as well as major state-owned manufacturers such as Changan Automobile, GAC and SAIC, according to a statement published by the industry ministry on Tuesday. Fleet operators such as ride-hailing companies will also be involved in the tests...
Continue ReadingTesla has pulled the start of production for its next-gen vehicles to no later than early 2025. Read why I remain bullish on TSLA stock...
Continue ReadingTesla investor KLP, Norway's largest pension fund, will vote in favour of a shareholder proposal urging the U.S. electric vehicle maker to engage in wage and other labour negotiations as it continues to face industrial action in Sweden. A strike by Tesla mechanics in Sweden, among the country's longest labour disputes, has since Oct. 27 disrupted operations, spurring the concern of Nordic institutional investors and sympathy strikes in the Nordic region. Tesla will hold its annual general meeting on June 13...
Continue ReadingTesla’s sales in China rose in May, as the country’s demand for electric vehicles picked up, thanks to government trade-in programs and consumer interest generated by the Beijing Auto Show...
Continue ReadingSales of the EVs in May dropped 6.6% from a year earlier after Tesla slashed Model Y production at its Shanghai plant...
Continue ReadingPiper Sandler analysts said they are tactically equal-weight on Tesla (NASDAQ:TSLA)'s stock leading up to the crucial shareholder meeting on June 13th...
Continue ReadingRegistrations of Chinese-made electric vehicles in Europe jumped 23 per cent between January and April compared with a year before, despite the.....
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