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This basket consists of stocks expected to benefit from self-driving cars.
The market sent bullish signals last week. Crude prices jumped as Saudi Arabia cut output. Apple and Palo Alto have big news. Tesla is in a buy zone.
China's Nio should report widening losses and slowing sales gains. Delivery guidance is key as the EV startup pins its hopes on revamped models.
The carmaker's market share, profits, and stock have been declining, and Elon Musk is looking for his next moonshot.
U.S. automaker Tesla Inc delivered 77,695 China-made electric vehicles (EVs) in May, a 2.4% jump from April, data from the China Passenger Car Association (CPCA) showed on Monday. On a yearly basis, sales rose 142% in May from 32,165 vehicles in the same month of 2022 when Shanghai, where its factory is located, was still subject to COVID-19 containment measures that impacted production. Chinese rival BYD Co Ltd, with its Dynasty and Ocean series of EVs and petrol-electric hybrid vehicles, logged sales of 239,092 vehicle in May, up 14% from April, CPCA data showed.
May was a good month for growth and technology stocks. In fact, Tesla (NASDAQ: TSLA) and Rivian Automotive (NASDAQ: RIVN) far outpaced the index itself, soaring by 24.1% and 14.9%, respectively, according to data from S&P Global Market Intelligence. Investors have some specific, and serious, concerns with Nikola (NASDAQ: NKLA) -- maker of electric semi-trucks.
In a world dominated by technology, the Tech billionaire believes that money has been replaced by another form of power: information.
Tesla CEO Elon Musk despises the term "recall" when it comes to an over-the-air software update or vehicle remote upgrade, but that's the term Chinese regulators used for a recall of 1.1 million Teslas sold from Jan. 12, 2019 to April 24, 2023. Tesla had some other over-the-air software updates in the US that were referred to as recalls by the National Highway Traffic Administration, including 30,000 Model X vehicles for an airbag issue in January. Ford's popular F-150 Lightning needed a recall in March because of a defect in the battery cell that could cause vehicle fires.
In this article, we discuss 10 solar stocks billionaires are loading up on. If you want to see more stocks in this selection, check out 5 Solar Stocks Billionaires Are Loading Up On. By 2024, the International Energy Agency (IEA) anticipates that the costs of generating electricity from new onshore wind and solar photovoltaic plants […]
Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) big reliance on digital advertising can be a boon in robust economic times, but a headwind in weaker ones. The company's revenue was up just 3% in the most recent quarter (ended March 31), a sharp slowdown from previous years, showcasing this new macro reality. Does this make Alphabet stock a buy right now?
The CEO of electric vehicle maker Tesla addresses farmers' anxiety over the environmental crisis.
Last summer, stock splits were all the rage on Wall Street, with popular stocks Alphabet, Amazon, and Tesla participating in the excitement. Since then, the enthusiasm surrounding stock splits has waned as the stock market has struggled to return meaningful gains. Costco (NASDAQ: COST), a membership-only retailer, is one company that could benefit from a split, as its stock is close to $500 per share.
Beauty is in the eye of the beholder. There are many ways to define and identify a cheap stock, and every definition can serve a specific purpose. Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is a massive technology leader with a primary focus on online search and advertising.
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
A new bull market for the Nasdaq Composite Index has been in sight for several months. In May, the index finally gained more than 20% from its previous bottom, meeting the commonly accepted definition of a bull market. There have been plenty of winners, with over one-third of the Nasdaq 100 stocks jumping by at least 20% so far this year.
Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla's Elon Musk visits Beijing; Li Auto is a standout in May deliveries for EV startups; and Automotive Cells Company launches a new French battery plant.
In this article, we are going to discuss 16 rental car companies, ranked from worst to best. You can skip our detailed analysis of the history of the car rental business, biggest player in the market, effects of the Covid-19 pandemic, shortage of vehicles, introduction of EVs and future prospects of the car rental industry […]
Hedge funds and other speculative investors have built up a big bet that the S&P 500 will decline, marking their most bearish positioning since 2007.
As Tesla completes final preparations before launching its new Cybertruck into production, its electric vehicle competitors have been busy revealing, producing and delivering new products, trying to draw attention away from the most anticipated EV release in years. The Cybertruck pickup will be Tesla's first new model since it brought out the Model Y SUV in March 2019. Tesla CEO Elon Musk on April 19 said that his company would deliver the new vehicle in the third quarter of 2023, but whether that meant July, August or September wasn't clear.
The automaker is urging owners of its premium Lincoln brand SUV to immediately park it outside because it could catch fire.
Tesla and Ford have formed a new EV charging partnership. It took many by surprise, including other EV charging companies. Yahoo Finance's Pras Subramanian reports on how some of the top players in the EV space are reacting.
In this article, we’ll be going over 10 stocks Jim Cramer is talking about right now. To see more of these stocks, you can go see 5 Stocks Jim Cramer Is Talking About Right Now. “We’re In A Vast Slowdown In A Titanic Boom” On June 1, CNBC’s Mad Money host Jim Cramer began unraveling […]
In this week's video, I cover everything you need to know about news related to Tesla (NASDAQ: TSLA) during the week of May 29. Today's video will focus on Elon Musk's visit to China, Tesla's continued domination in Europe and China, the new Tesla Model 3 design, and more.
After decades of being dominated by index-tracking investments, the ETF market is being flooded by actively managed funds. In 2013, a mere 16% of newly launched ETFs were actively managed, according to Morningstar. Actively managed ETFs are a way for investors to get the tax efficiency of ETFs and the ease of trading them, but still rely on fund managers’ discretion in portfolio allocations, instead of buying an ETF that tracks a preset selection of assets.
Artificial intelligence was a hot topic when companies addressed investors on their most recent earnings calls.
The EV giant broke out this week, leading a group of stocks around buy points as the market rally attempts to gather steam.