As Tesla stock slides and Rivian readies for layoffs, former Chrysler CEO Bob Nardelli claims more EV companies "are just not going to make it" in U.S. markets...
Continue ReadingThe Shenzhen-based firm has become the world’s leading manufacturer of electric vehicles (EVs), having surpassed American giant Tesla in global sales in the last quarter of 2023. Here’s how they compare...
Continue ReadingWall Street was set to open lower on Wednesday, as strong private payrolls data fanned fears of fewer-than-expected interest rate cuts by the Federal Reserve this year. The tech-heavy Nasdaq and the blue-chip Dow closed at two-week lows on Tuesday as Treasury yields rose to multi-month highs after solid manufacturing activity and factory orders data raised doubts over the prospect of three rate cuts the Fed had forecast for 2024. Private payrolls rose by 184,000 jobs in March after advancing by an upwardly revised 155,000 in the previous month, the ADP Employment report showed...
Continue ReadingTesla, Inc. stock raises doubts about it being the Magnificent 7, as Q1 results disappoint and valuation remains high vs. peers. Click for our TSLA update...
Continue ReadingTesla stock is down over 30% this year...
Continue ReadingThese high-profile stocks helped fuel last year's market rally, but the group is beginning to fray at the edges...
Continue ReadingTesla will send a team to India this month to scout locations for a proposed $2 billion to $3 billion electric car plant, the Financial Times reported on Wednesday. Tesla's reported push into India comes at a time when EV demand is slowing and competition heats up in its main markets of the U.S. and China, causing the EV maker to report a drop in first-quarter deliveries and missing estimates. Tesla did not immediately respond to a Reuters requests for comment...
Continue ReadingThe S&P 500 Index performed well in Q1 2024, but some stocks underperformed. Find out the worst performers in the S&P 500 index during Q1 2024...
Continue ReadingFor the patient investor, who is not risk-adverse, I view Standard Lithium as an intriguing value play. Read more to see my analysis on SLI stock...
Continue ReadingTesla stock has had a weak start to the year, losing close to a third of its value while broader market has been on a tear. Read why I'm bearish on TSLA stock...
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