Nasdaq TSLA Tesla

It was bound to happen at some point.

Investors tracking the electric vehicle (EV) sector have had high hopes for the long-term success of Rivian Automotive (NASDAQ: RIVN). While no one expected it to be easy to follow a similar path blazed by Tesla, Rivian has some unique aspects that give it a reasonable chance.

The U.S. Presidential election is nearing its curtain call. And from the look of things, this is going to be yet another photo finish. If you think Trump’s Make America Great Again campaign did enough to get him past the finishing line – and into the White House &#821

Tesla TSLA shares have soared nearly +20% since its Q3 report in late October and the rally could continue.

ETFs that use option strategies to generate exceptionally high yields have gained immense popularity in recent years. Some of these ETFs trade options on single stocks, boasting yields of 100%, 200%, or even higher, which generate

U.S. stocks held onto gains as voting commenced in a high-stakes presidential election, with the S&P 500 (SPY) rising by 1% and the Nasdaq 100 (QQQ) gaining 1.2%. Palantir Technologies saw a significant surge, jumping 23% after reporting stronger-than-expected quarterly reven

In a new disclosure, Representative Marjorie Taylor Greene reported the purchase of $1,001 - $15,000 of $TSLA, in a trade that took place on 11-01-2024. Since that trade was made, the stock has fallen approximately 2.5%.Tesla Congressional Stock TradingMembers of Congress have tr

In early trading on Tuesday, shares of GlobalFoundries topped the list of the day's best performing components of the Nasdaq 100 index, trading up 11.6%. Year to date, GlobalFoundries has lost about 33.7% of its value. And the worst performing Nasdaq 100 component thus far on

Rivian Automotive RIVN is slated to release third-quarter 2024 results on Thursday, after market close. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of 89 cents a share on revenues

The remarkable surge in technology stocks since late 2022 has sparked intense debate about whether we're witnessing another bubble akin to the dot-com crash. Major players in artificial intelligence such as Nvidia (NASDAQ: NVDA) have seen their valuations soar to levels that migh

It's hard for anyone to argue with Tesla's (NASDAQ: TSLA) performance in the past decade. Shares have soared 1,480% since late October 2014, despite their volatile journey.

For Immediate ReleaseChicago, IL – November 5, 2024 – Today, Zacks Investment Ideas feature highlights Arista Networks ANET, Tesla TSLA and ServiceNow NOW.

The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.61% and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.35%. Stocks on Monday settled moderately lower, with the S&P 500 falling to a 4-week...

Tesla ( NASDAQ:TSLA) is one stock that’s likely to be impacted by the outcome of this week’s biggest event: the U.S. Presidential Election. Tesla’s CEO, Elon Musk, is closely tied to Trump, having made huge donations to his campaign, while he has shown his support both out in the field and on X, the social media platform he owns. However, Trump is known for his critical stance on the EV industry. While he owes Musk a debt of gratitude for his support, the question remains: what would a Trump victory mean for the EV industry as a whole, and for Tesla specifically? Wedbush analyst Daniel Ives thinks one might not necessarily be tied to the other. “We believe a Trump presidency would be an overall negative for the EV industry as likely the EV rebates/tax incentives get pulled, however for Tesla we see this as a potential positive with some caveats,” Ives noted. Tesla’s unmatched scale and reach in the industry could provide the company with a “clear competitive edge,” especially against a backdrop of no EV subsidies. Additionally, anticipated higher tariffs on Chinese imports could further limit the influx of affordable EVs from Chinese companies like BYD and Nio, helping Tesla hold on to its leading position in the U.S. market. Moreover, if Trump wins, he could potentially speed up certain initiatives related to FSD (full self-driving) and autonomous technology, which will be a boon for Tesla (and Waymo too). “However,” Ives goes on to add, “there are other negative implications and ramifications for Tesla if Trump gets elected especially on the China front.” That is because even though higher tariffs on China could offer some benefits, a big concern for Tesla revolves around retaliatory actions from Beijing that might spark a trade war, creating geopolitical headwinds in this key market. As seen during the first Trump Administration, any problems with China are no good for Tesla, especially given that over 40% of its deliveries are generated in the region and a substantial portion of its production relies on Giga Shanghai. “Trump getting in the White House would open up a wild card on the China front that would be seen by the Street initially as a negative,” Ives opined on the issue. For now, ahead of the election, Ives rates Tesla shares an Outperform (i.e., Buy) alongside a $300 price target. The implication for investors? Upside of 20.5% from current levels. (To watch Ives’ track record, click here) Ives’ take gets support from 10 other analysts but with an additional 16 Holds and 8 Sells, the stock claims a Hold (i.e. Neutral) consensus rating. Meanwhile, most think the shares are due for a pullback; going by the $207.83 average price target, a year from now the stock will be changing hands for a ~14% discount. (See Tesla stock forecast ) To find good ideas for stocks trading at attractive valuations, visit TipRanks’  Best Stocks to Buy, a tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 1.2 million contracts has been traded thus far today, a contract volume which is representative of approximatel

One of my favorite ways to pick winning stocks by combining two of the most effective methods out there; the Zacks Rank and momentum. The Zacks Rank is a highly effective quantitative strategy that aggregates all analyst ratings o

In early trading on Monday, shares of Dollar Tree topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.0%. Year to date, Dollar Tree has lost about 51.2% of its value. And the worst performing Nasdaq 100 component thus far on the day is

At least in terms of dollars, there may be nobody with more on the line in the upcoming election than Tesla (NASDAQ: TSLA) CEO Elon Musk.

Wall Street gave a downbeat performance last week. The S&P 500, the Dow Jones and the Nasdaq Composite lost 1.4%, 0.2% and 1.5%, respectively.  Uncertainties related to the upcoming U.S. presidential election, mixed tech

Rivian Automotive (NASDAQ: RIVN) has lost almost all its value in a short period, with shares down by an eye-watering 92% since hitting public markets in late 2021. However, the company still promises patient investors the opportunity to get in on the ground floor of the long-ter