Here's what could happen to Tesla shares next...
Continue ReadingArk Funds' recent trades include a big purchase of a beaten-down stock...
Continue ReadingTesla (TSLA) concluded the recent trading session at $168.38, signifying a +1.05% move from its prior day's close...
Continue ReadingIntel stock tumbles after the company’s foundry business records an operating loss of about $7 billion in 2023, Disney wins proxy fight against Nelson Peltz, and Ulta Beauty sinks after saying it expects slower sales growth...
Continue ReadingLucid Group Inc. (NASDAQ:LCID) had a tough start to 2024, with its stock down over 34%. The good news is that for now, Lucid can continue to count on its largest investors' backing to support its massive cash burn. An affiliate of the Saudi Public Investment Fund (PIF) recently announced purchasing $1 billion of Lucid's convertible preferred stock, giving both Lucid precious funding and its other investors near-term reassurance as the PIF continues to boost its 60% stake. The new $1 billion in f...
Continue ReadingShares of Tesla slumped even further after the company posted a decline in first-quarter delivery numbers...
Continue ReadingOn Tuesday, the mighty EV king, Tesla Inc (NASDAQ: TSLA) posted its first annual drop in sales since the first year of the pandemic. Simply put, rising EV competition from both Chinese, U.S. and European automakers ate into demand. General Motors (NYSE: GM) posted a drop in deliveries as well as in EVs for the first quarter of 2024. On the other hand, Ford Motor (NYSE: F) reported a strong start of the year. Darker days could be ahead for Tesla. Tesla reported it built 433,000 vehicles but deliv...
Continue ReadingThe two investors have very different takes on the future of the EV market...
Continue ReadingTeslaâs dip in deliveries is likely temporary and does not change its long term delivery trajectory. Check out why now is the time to buy TSLA stock aggressively...
Continue ReadingInstead, it resembles another Toyota Motor For investors, that’s a nightmare. There’s nothing wrong with Toyota. Toyota stock trades for just 10 times estimated 2025 earnings, while Tesla stock trades for 43 times...
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