Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 5.2% in the afternoon session after Cantor Fitzgerald raised its price target on the stock to $510 from $355, while reaffirming its "Overweight" rating. Analyst Andres Sheppard pointed to several key drivers for the new valuation, including upcoming production milestones for the company's Cybercab, Semi truck, and Optimus robot. The analyst also noted expanding opportunities in Tesla's Energy and Full Self-Driving software businesses...
Continue ReadingTesla has big ambitions, but is facing near-term headwinds...
Continue ReadingRebecca called to ask for advice after her relationship ended, leaving her with a $1 million 20-acre ranch and six animals. She told financial expert Dave Ramsey on "The Ramsey Show" that she's now the one taking care of the property alone. "You're .....
Continue ReadingItâs been three days and a month short of three years since the launch of ChatGPT, and companies with any connection to AI have seen their stock prices do.....
Continue ReadingTesla (TSLA) shareholders should approve the proposed $1 trillion compensation package for Chief Exe...
Continue ReadingTesla stock was rising Monday ahead of a big week with tech earnings and President Donald Trump’s planned meeting with Chinese President Xi Jinping on tap. Tesla stock is getting a clear lift, just as the entire market is, from trade progress between China and the U.S., the world’s two largest economies. Over the weekend, negotiators developed a framework for a trade deal, which Treasury Secretary Scott Bessent said could form the basis for discussion between President Trump and Chinese President Xi...
Continue ReadingThe narrative sounded perfect: gold soaring past records, Bitcoin rallying, stocks climbing relentlessly—all signs that investors were fleeing the dollar in a panic over U.S. currency debasement. But if you check what’s actually happening in the bond .....
Continue ReadingMusk previously said he doesn't want to "build a robot army here and then [be] ousted because of some asinine recommendations from ISS and Glass Lewis."...
Continue ReadingMicrosoft Corporation (NASDAQ:MSFT) is one of the stocks in focus in the game plan Jim Cramer shared. Cramer has high hopes for the company’s quarter as he remarked: “Microsoft reported the best quarter of the hyperscalers last time around, and I expect a repeat from this company.” Microsoft Corporation (NASDAQ:MSFT) develops and provides software, hardware, […]...
Continue ReadingSTORY: Elon Musk could leave Tesla as CEO if his proposed $1 trillion pay package isn't approved.That was the word Monday (October 27) from the Chairman of Tesla's board of directors, Robyn Denholm.The appeal comes ahead of the automaker's annual meeting in early November.Denholm said in a letter the proposed plan was performance-based.And that it aimed to motivate Musk to continue leading Tesla for at least another seven-and-a-half years.She said Musk's leadership was "critical" to Tesla's success.Denholm added Musk's role was vital as Tesla looks to become a global leader in AI and autonomous driving technology.The proposed package would grant Musk 12 tranches of stock options tied to ambitious targets.It includes a market capitalization of $8.5 trillion and milestones in autonomous driving and robotics.Denholm's letter portrays the package as necessary to align Musk's incentives with shareholder value and long-term growth.Tesla's board has faced repeated criticism for not acting in shareholders' best interests.Tesla's board has been under scrutiny for years over its close relationship with Musk.A Delaware court struck down his 2018 pay deal earlier this year.It found it was improperly awarded and negotiated by directors who were not fully independent...
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