Shares of Tesla (TSLA) continue to drop as the EV maker struggles with overall performance, issues with leadership culture, and rising profitability concerns from Wall Street. Yahoo Finance Executive Editor Brian Sozzi joins the Live show to deep dive into the key issues and narratives pushing Tesla stock lower. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...
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Continue ReadingCNBC’s Jim Cramer may have been right to jettison the EV maker out of the elite group after a litany of problems at Tesla threatens to further pressure the stock...
Continue ReadingSchwab investors are snatching up S&P 500 stocks. But they're being extra choosy. Account holders at the massive brokerage were net buyers of Tesla, Nvidia and Amazon.com in January, says new data from Charles Schwab...
Continue ReadingOppenheimer Managing Director and Senior Research Analyst Colin Rusch joined Yahoo Finance Live to discuss Tesla's (TSLA) stock drop amid turmoil surrounding CEO Elon Musk's conduct and pay package. Rusch says he tries not to focus on the "noise about Elon's personal life," but instead on Tesla's technology performance and position. However, he notes higher inflation "coupled with" EV concerns has caused "natural growing pains" in a transitional space. While Musk brought "ambition and vision" to Tesla, Rusch says the company is attracting "top talent" to tackle complex engineering challenges. Though Musk does "set the agenda," Rusch emphasizes Tesla is not dependent on "a single person." When it comes to questions about the board's independence, Rusch says it's "hard to say" whether it's independent enough. Rusch argues that it's "critical" that the board keep Musk's "attention and buy in to the organization." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith...
Continue ReadingGeneral Motors released its Q4 and full-year 2023 results, exceeding market expectations and its own guidance. Learn why GM stock is a Hold...
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