Tesla's car insurance unit must face a prospective class action claiming it overcharged drivers for their premiums by basing them on "false" crash warnings instead of actual driving behavior, a California judge has ruled.
Nio (NYSE: NIO) became one of the market's hottest electric vehicle (EV) stocks during the apex of the growth and meme stock rally. The Chinese EV maker, which went public at $6.26 per American depositary share (ADS) on Sept. 12, 2018, saw its shares soar to an all-time high of $
Artificial intelligence (AI) has become the darling of the investment community in 2023. Unsurprisingly, Nvidia (NASDAQ: NVDA) -- with its cutting-edge AI chips and a solid software ecosystem -- has emerged as a hot favorite of Wall Street. Shares of the company have surged by a
After a long wait, Tesla's (NASDAQ: TSLA) Cybertruck has finally arrived, four years after CEO Elon Musk stood on stage to unveil the futuristic vehicle.
It seems like there's never a dull moment for Tesla (NASDAQ: TSLA) shareholders. November was certainly an active month for the company and the stock. Investors were rewarded as Tesla stock gained 19.5% for the month, according to data provided by S&P Global Market Intelligen
While celebrating the company’s new and unconventional Cybertruck pickup, CEO Elon Musk predicted the truck would usher in a new, more exciting future.
We have a little more activity on the earnings front this week with smaller companies reporting. This week we have DocuSign, Lululemon, Chewy, Dollar General and Autozone and as the main stock s to watch.
For much of the past four years, volatility has been a fixture on Wall Street. All three major stock indexes have bounced between bull and bear markets on a couple of occasions.
Tesla (NASDAQ: TSLA) and UPS (NYSE: UPS) might appear odd comparators, but their investment propositions share a few things in common. They are both cyclical companies. As such, their near-term earnings and cash-flow prospects were negatively impacted by rising interest rates. In
Sales of U.S. automaker Tesla's China-made electric vehicles (EVs) skidded 17.8% in November from the same month a year earlier, to 82,432 cars, China Passenger Car Association (CPCA) data showed on Monday.
Sales of U.S. automaker Tesla's China-made electric vehicles skidded 17.8% in November from the same month a year earlier, to 82,432 cars, China Passenger Car Association (CPCA) data showed on Monday.
China's electric vehicle giant BYD said on Sunday it would make permanent its system offering tipsters who report smear campaigns against the company up to 5 million yuan ($700,918).
A searing late-year rally has brought the S&P 500 to a fresh 2023 closing high, as investors bet the Federal Reserve is done raising interest rates and the U.S. economy will remain resilient in the face of tighter monetary policy.
The passing of Charlie Munger on Nov. 28 marked the end of a chapter for longtime fans of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Munger often spoke less than Warren Buffett during the company's famous annual meetings in Omaha, Nebraska. But his wit and wry sense of humor
In this week's video, I cover need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of Nov. 27. Today's video will focus on Tesla's sales numbers in China and Europe, the Cybertruck event "flop," a new giant Tesla energy project, and a look at Tesla stock from a
With the S&P 500 and the Nasdaq Composite Index having risen by double-digit figures in 2023, some investors might be thinking that things are starting to get a bit frothy in the market from a valuation perspective. It's not crazy to view the situation this way.
As U.S. stocks sit on hefty gains at the close of a rollercoaster year, investors are eyeing factors that could sway equities in the remaining weeks of 2023, including tax loss selling and the so-called Santa Claus rally.
In the midst of economic uncertainties marked by soaring interest rates and persistent inflation, growth stocks find themselves in a challenging spot. The prevailing narrative involves a shift toward safer, value-oriented investments as borrowing costs rise, liquidity tightens, a
One of the longest tenured bulls on electric vehicle (EV) company Tesla (NASDAQ: TSLA) is an investor named Ron Baron. Baron is mutual fund manager and longtime supporter of Tesla CEO Elon Musk.
The stock market can be exciting and exhilarating, especially when you get in early on the hot new growth story. But you know what else is fun? Making money from smart investments -- even if they're a little less exhilarating.