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Artificial intelligence (AI) has become the latest investing buzzword. Companies you'd never imagine using the phrase are attempting to utilize the technology to attract and impress investors. However, investors need to be wary of this as your attention should be focused on compa

If you're an internet business looking to make inroads into new markets, what better way to do so than by offering high-speed internet access to those targeted markets? That appears to be the approach Amazon (NASDAQ: AMZN) is taking.

BTR New Material Group sees the price of nickel falling by about two-thirds, an executive from the Chinese battery material supplier said, a prediction that if fulfilled, points to sharply lower battery costs that could benefit firms like Tesla.

Tesla (NASDAQ: TSLA) has held a bright spotlight over the years for its ambitious plans involving artificial intelligence (AI). But AI is such a new and emerging technology that nailing down the specifics of how AI impacts Tesla's business is tricky.

As was widely feared, recent price cuts for Tesla's (NASDAQ: TSLA) electric vehicles (EVs) took a toll on the company's bottom line. The EV maker's per-share earnings tumbled from $1.07 a year ago to $0.85 per share last quarter, while operating margins slipped from just over 19%

Tesla's (NASDAQ: TSLA) decision to focus investing in growth despite macroeconomic headwinds is great news for Nvidia (NASDAQ: NVDA) stock investors.

Berkshire Hathaway is an enormous company. With a market capitalization topping $717 billion, Berkshire Hathaway ranks fifth on the list of largest American companies by market cap.

Geely's EV brand Zeekr is the latest to join a growing list of automakers that have turned to the "gigapress" die casting technique pioneered by Tesla to slash the cost of electric cars.

A California judge on Wednesday ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding the safety and capabilities of the carmaker’s Autopilot features.

South Korean President Yoon Suk Yeol met with Tesla CEO Elon Musk on Wednesday in Washington to call for investment in his country, Yoon's office said.

A California judge on Wednesday tentatively ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding the safety and capabilities of the carmaker’s Autopilot features.

Tech stocks were higher late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.5% and the Philadelphia Semiconductor index adding 0.4%.

Investors may not be a fan of General Motors (NYSE: GM) compared to Tesla (NASDAQ: TSLA), but that doesn't mean the company isn't performing well. This week's earnings report shows just how quickly GM is moving in EVs, and it's generating cash and buying back stock. Travis Hoium

With the electric vehicle (EV) industry on the cusp of thinning the competitive herd via a price war, many sector upstarts feel the heat. However, that might not apply to General Motors ( NYSE:GM ). As a well-capitalized entity among the major legacy automakers, General Motors might cynically benefit from a potential EV sector implosion. Therefore, I am bullish on GM stock. The King Has Spoken Truly, cynicism might be the fuel that keeps GM stock in the driver’s seat. Indeed, the present optimistic narrative for the Detroit automaker doesn’t necessarily center on its doings. And don’t get that wrong – General Motors does plenty to spark positive investor interest. However, EV industry king Tesla ( NASDAQ:TSLA ) effectively declared war on the sector’s startup enterprises. Thus, GM just needs to stay out of the crossfire. Recently, Tesla announced its earnings results for the first quarter of Fiscal Year 2023. Earnings came in at 85 cents, slightly missing analysts’ call for 86 cents. Also, while sales increased 24.2% year-over-year to $23.3 billion, they, too, missed analysts’ consensus target of $23.36 billion. However, what really caught Wall Street’s attention focused on Tesla’s aggressive price cuts on its popular EV models. From the U.S. market to abroad, the EV specialist has been slashing prices in a bid to maximize sales. Management must believe that it can boost profitability once it takes care of the competition. Given the social cachet of the Tesla brand, it’s not an unreasonable assumption – not by a long shot. At the same time, TSLA might not be the beneficiary but rather GM stock. Interestingly, in the one-week period ending April 21, the former slipped more than 11%, while the latter only gave up 2.44%. Over time, it’s quite possible that GM can substantively rise higher from the price war that’s erupting. Tesla’s Sacrifice Puts GM Stock Up One In chess, advanced players may be forced to sacrifice a piece to gain a tactical or positional advantage. Put another way, a player concedes a short-term convenience in exchange for a longer-term benefit. If played right, this benefit may lead to victory. Tesla’s sacrifice intends to shock the system of EV competitors. However, it also puts legacy automotive giant General Motors up on the exchange, thus benefiting GM stock. What’s more, GM stock could end up being the long-term winner, not Tesla. Still, the beauty of the burgeoning price war that may lead to a sector-wide culling is that GM doesn’t need to pip Tesla to achieve a massive victory. Again, it just needs to stay out of the crossfire. Once the aspirational upstarts suffer defeat, GM can get down to business. To make a long story short, General Motors represents one of the few EV players that enjoy the capital strengths to withstand a war of attrition. For instance, in the first quarter of 2023, the automaker posted net income of $2.395 billion. It also adjusted its full-year 2023 guidance for automotive free cash flow (FCF) to a range between $5.5 billion to $7.5 billion. This compares favorably to the prior forecast of $5 billion to $7 billion. To be fair, it doesn’t have the best financials in the space. However, the EV competition will almost certainly thin out if Tesla continues its aggressive price cuts. Having fewer distractions should ultimately benefit GM stock. An Undervalued Profile Entices a Shot at GM Stock For those willing to gamble on the old dog in this EV race, GM stock delivers an attractive multiple. Prior to the company’s disclosure of its Q1 earnings report, the market priced GM at a trailing multiple of 5.36. This ranks better (lower) than 90.67% of the competition. With the inclusion of Q1 data (specifically the diluted earnings per share of $1.69), GM stock remains undervalued. The trailing multiple, in this case, would be near 5.0 times with respect to the latest share price. Is GM Stock a Buy, According to Analysts? Turning to Wall Street, GM stock has a Moderate Buy consensus rating based on six Buys, six Holds, and zero Sell ratings. The average GM stock price target is $50.18, implying 55.3% upside potential. The Takeaway: Tesla Will Do the Dirty Work for GM While industry players don’t necessarily desire price wars, if one materializes, it’s better to be financially well-stocked. That’s arguably the case for General Motors as Tesla decides to cull the competition. Over time, the thinning of the herd should benefit GM stock. Basically, Tesla did the dirty work, with GM needing to worry about fewer distractions. Disclosure

What happened Shares of EV leader Tesla (NASDAQ: TSLA) were falling today, with shares falling by as much as 4.6%, before recovering to a 2.7% decline as of 1:52 p.m. ET.

Investors interested in Automotive - Domestic stocks are likely familiar with General Motors Company (GM) and Tesla (TSLA). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

Tesla Inc supervisors at a Florida service center violated U.S. labor law by telling employees not to discuss pay and other working conditions or bring complaints to higher level managers, a U.S. labor board official has ruled.

(RTTNews) - Global demand for electric cars is booming in 2023 with sales of the vehicles expected to grow by 35 percent this year to reach 14 million from the more than 10 million electric cars sold worldwide in 2022, according to the new edition of the International Energy Agen

Tesla Inc supervisors at a Florida service center violated U.S. labor law by telling employees not to discuss pay and other working conditions or bring complaints to higher level managers, a U.S. labor board official has ruled.

General Motors GM reported first-quarter 2023 adjusted earnings of $2.21 per share, surpassing the Zacks Consensus Estimate of $1.64. Higher-than-expected operating profit from GM North America (GMNA), GM International (GMI) and Financial segments led to the outperformanc