Tag TSLA

Tesla, Inc.'s price decline attributed to competition, price cuts, and delayed Model 2. With Q2 earnings on tap, we discuss TSLA prospects and my buying strategy...

Gabriel Bartash picked up extra shifts for seven months to make his first investment in Tesla in 2016. “In the long term, I trust Elon Musk, ” Bartash said. Scores of individual investors have piled into Tesla shares in recent years, lured by the company’s technology, visionary chief executive and mammoth stock market gains...

Tesla has cut prices for a number of its models in China again. Tesla reduced prices by 14,000 yuan, or $1,933, for its 3, Y, S and X models, its website showed Sunday, after the EV maker cut prices in the U.S. late last week. Tesla shares were down 2.8% in premarket trading, putting it on track for further losses after hitting a 52-week low last week...

The latest investor updates on stocks that are trending on Monday...

Tesla price cuts go global; cost of Full Self-Driving slashed by a third. Salesforce's talks to acquire Informatica flame out. MEVCO, Rivian ink pact to provide EVs to the mining industry...

Tesla and Li Auto cut prices further in China amid an intensifying price war that comes as sales of electric vehicles surpassed that of traditional cars for the first time...

Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would refund owners who had bought those models earlier this year, deepening a price war in the country. The move by Li Auto, the most popular extended-range hybrid seller in China, comes after price cuts by U.S. automaker Tesla and as BYD, the world's largest EV maker, revised down its prices for relaunched models. Li Auto announced cuts of between 18,000 and 30,000 yuan ($2,485-$4,142) on its L7, Li L8, Li L9, and Li MEGA models and said owners who had already picked up those models this year would also receive cash refunds...

These seven large-cap stocks were the worst performers last week. Are they in your portfolio? Arm Holdings plc (NASDAQ:ARM) was the worst large-cap stock performer last week, plummeting 31.08%. The company fell alongside ASML Holding N.V. (NASDAQ:ASML), which reported worse-than-expected first-quarter FY24 results last week. Exane BNP Paribas analyst David O’Connor downgraded ARM from “Outperform” to “Neutral” with a $100 price target. MicroStrategy Inc’s (NASDAQ:MSTR) stock lost 20.07% last wee...