|Bid||34.46 x 0|
|Ask||34.46 x 0|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||2.00|
|PE ratio (TTM)||60.47|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Yahoo Finance Live breaks down the too stories of the day, including: Smoke from Canadian wildfires continues to blanket much of the East Coast. GameStop shares sink after the company's CEO is fired. Finally, Tesla and General Motors are partnering up to give GM EV owners access to Tesla chargers.
General Motors joined Ford as the latest traditional automaker to sign a deal to use Tesla's Supercharger Network in the years ahead.
Reuters is reporting that luxury electric-vehicle maker Lucid is planning to sell imported cars in China, the world's largest automobile market. The move would create further competition with Tesla, one of the largest EV sellers in the nation.
This is an audio transcript of the FT News Briefing podcast episode: ‘Rishi Sunak comes to Washington’Sonja Hutson Good morning from the Financial Times. Today is Friday, June 9th, and this is your FT News Briefing.
(Reuters) -General Motors will join Ford in adopting Tesla's North American charging plug standard and give GM electric-vehicle buyers access to the Tesla Supercharger network under an agreement announced on Thursday. GM's move, which follows a similar decision by Ford to embrace Tesla's charging plug standard, means three of the top EV sellers in the North American market have now agreed on a standard for charging hardware. The agreement was announced by GM CEO Mary Barra and Tesla chief Elon Musk in a Twitter Spaces event.
Tesla (NASDAQ: TSLA) has been selling electric vehicles (EVs) at scale for more than a decade, and it has since been the industry leader by a wide margin. In 2014, the company revealed plans to introduce driver assistance software that would eventually be capable of piloting each Tesla vehicle without human input. Today, that technology is known as full self-driving (or autonomous driving), and it's currently available in beta mode for some Tesla customers.
Apple (NASDAQ: AAPL) is the largest company in the world today with a $2.9 trillion market capitalization. In dollar terms, an investment of $1,000 in Apple stock at its IPO would be worth over $1.8 million today! Companies developing electric vehicles (EVs), artificial intelligence (AI), and cybersecurity could be the best candidates.
The push for electrification is fueling a rush for copper. The non-precious metal is critical for electric vehicles, windmills and even the power grid. With a shortage looming, WSJ explains why copper is crucial to the global economy, and how its availability threatens a green-tech transition. Photo Illustration: Ali Larkin
Superstar investor Cathie Wood is prepared. Teladoc Health (NYSE: TDOC) is one of Cathie Wood's top 10 holdings in her ARK Genomic Revolution ETF. First, Teladoc, even during last year's tough moments, continued to grow revenue and telemedicine visits in the double digits.
Investing.com -- Stocks in focus in premarket trade on Thursday, June 8th. Please refresh for updates.
In the past week, Chinese social media has been gripped by Elon Musk. The Tesla CEO’s first visit to China in three years, his private jet and his dinner menu at a Beijing restaurant were all trending on social media. Only a small amount of information was disclosed through official channels: he met China’s foreign, industry and commerce ministers; he had dinner with Robin Zeng, founder of CATL — one of Tesla’s battery suppliers — but no details were given.
Fool.com contributor and finance professor Parkev Tatevosian considers what Tesla's (NASDAQ: TSLA) deal with Ford (NYSE: F) could mean for ChargePoint Holdings (NYSE: CHPT) stock investors. *Stock prices used were the afternoon prices of June 5, 2023.
June has just begun, and these two market heavyweights are already scorching hot. Can their climbs continue through the summer months?
As Tesla shares hit a 7-month high, George Gianarikas, Canaccord Genuity Managing Director, joins Yahoo Finance Live to discuss the recent price cuts, regulatory tailwinds, and increasing competition.
Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.
Tesla shares are trading higher after the Model 3 became eligible for the $7,500 U.S. tax credit, Stitch Fix stock rises after the company considers exiting the U.K., and Dave and Buster's reports record first quarter revenue. Yahoo Finance Live breaks down the market reaction.
Tesla stock surged on Wednesday on news that consumers can now get a $7,500 federal EV tax credit for Model 3 sedans.
Tesla's Model 3 finds itself eligible for the $7,500 U.S. tax credit on EVs. This news comes as Morgan Stanley analysts downgraded shares of Chinese battery maker CATL over concerns about how the U.S. EV tax credits could impact their business. Yahoo Finance automotive reporter Pras Subramanian breaks down how this news could impact EV pricing for American consumers.
When Ford (NYSE: F) announced it's adopting Tesla's (NASDAQ: TSLA) charging standard in future vehicles, it shook the EV world. But the real impact may be commoditizing plugs and the electricity that goes through them.
Tesla shares have gained nearly 30% in the past month as it approaches its next earnings release.
Elon Musk wears a lot of different hats. The multibillionaire recently made a dire prediction about home prices. Venture capitalist David Sacks, who worked with Musk during the early days of PayPal, tweeted last week about the major problems facing the U.S. commercial real estate market.
Tesla (TSLA) closed the most recent trading day at $221.31, moving +1.7% from the previous trading session.
Tesla CEO Elon Musk recently stated that the company is willing to license it's self-driving tech to other brands. Yahoo Finance Live breaks down how such a move might impact the EV market at large.