Lucid makes impressive luxury electric vehicles, but it's a long way from being a profitable company...
Continue ReadingWhy investing in Tesla is more about investing in the future...
Continue ReadingMaking sense of Tesla manufacturing plans increasingly requires a close study and a grain of salt when listening to Elon Musk describe what’s ahead. What was less clear this past week, as profit plunged 55% and the company burned through more than $2 billion in cash in the first quarter, was the company’s near-term product plans—“product” being the boring part of the business where metal is bashed together to make cars sold to people who drive themselves. Investors had grown increasingly concerned that Musk was losing interest in a cheaper, next-generation EV for the masses...
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Continue ReadingIn this article, we will take a detailed look at the 10 Cathie Wood Stocks Insiders are Selling. For a quick overview of such stocks, read our article 5 Cathie Wood Stocks Insiders are Selling. There was a time Cathie Wood talked about her famous “five-year investment horizon” with confidence, giving investors hope that the high-growth, cash-burning companies she […]...
Continue ReadingInvestors digested a big week for earnings from the likes of Google, Meta and Tesla, as well as economic data while also monitoring the collapse of colleges under siege from anti-Israel protestors...
Continue ReadingTesla (TSLA) has been hit with an investigation from the National Highway Traffic Safety Administration over the company's Autopilot software recall. The probe is to investigate whether Tesla's solution to the recall was adequate enough. Yahoo Finance's Julie Hyman and Jared Blikre break down the latest Tesla turmoil. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino...
Continue ReadingTesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice showed, as part of its plan to cut more than 10% of its global workforce amid dropping sales and rising competition. The notice was submitted to the Nevada Department of Employment, Training, and Rehabilitation earlier this week. Tesla said earlier this month it will lay off 6,020 employees in Texas and California...
Continue ReadingZuckerberg passed Musk on the list earlier this month...
Continue ReadingTesla's core car business is suffering, and it continues to highlight businesses that don't exist. Click here to read an analysis of TSLA stock now...
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