Electric-vehicle sales are going strong in China but there are too many auto makers fighting for market share...
Continue ReadingTesla shares slipped for a second straight day as the automaker announced price cuts in China and is idling production at Giga Berlin due to Red Sea-related supplier disruption...
Continue ReadingCathie Wood and her Ark Invest funds loaded up on Tesla Thursday as TSLA stock fell below its 200-day moving average, extending recent losses. The TSLA dip and subsequent Cathie Wood buys Thursday were followed by Tesla's decision to cut China vehicle prices on the Model 3 and two Model Y variants...
Continue ReadingOn Friday, data showed U.S. producer prices unexpectedly fell in December as the cost of goods such as food and diesel fuel declined, while prices for services were unchanged for a third consecutive month, in contrast to Thursday's hotter-than-expected consumer inflation print. Expectations for a rate cut of at least 25 basis points by the Fed in March moved up to 79.5%, according to CME's FedWatch Tool, from 73.2% in the prior session. The Dow Jones Industrial Average fell 99.33 points, or 0.26% , to 37,611.69, the S&P 500 gained 6.02 points, or 0.12 %, at 4,786.09 and the Nasdaq Composite gained 7.82 points, or 0.05 %, at 14,978.00...
Continue ReadingThe stock market rally rebounded this week with Nvidia leading the charge. Bitcoin ETFs launched, while Tesla fell on news...
Continue ReadingThe company is navigating price dynamics and tech innovations in the EV race...
Continue ReadingDow Jones fell after cool inflation data. TSLA fell as Cathie Wood bought more shares. Big Banks earnings were mixed...
Continue ReadingThe decision to halt production in Germany raises the specter of a new supply-chain crisis for European manufacturers dependent on parts from Asia...
Continue ReadingWall Street analysts are overly optimistic about fourth quarter earnings expectations for S&P 500 companies. Click here to read what investors need to know...
Continue ReadingWhile the current environment is negative, the slowed investment by competitors could set Tesla up for a stronger future in the EV market. Learn more on TSLA stock here...
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