Electric vehicle (EV) pioneer Tesla (NASDAQ: TSLA) had a rough 2022. After it grew into one of the world's largest companies in 2021 with a market cap of over $1 trillion, its value fell by more than 50% last year. But the downtrend in the stock has started to reverse rapidly in
Tesla Inc board members are expected to take the stand on Wednesday to defend against claims that Elon Musk misled investors when he tweeted in 2018 he had "funding secured" to take the company private.
Despite its stumble to start the current trading week, the Nasdaq Composite (NASDAQINDEX: ^IXIC) is up 12% from the low point it reached near the end of last year, and it reached a four-month high on Friday. This is the best stretch we've seen from the index since 2021, before th
The NASDAQ 100 Pre-Market Indicator is down -12.1 to 12,089.83. The total Pre-Market volume is currently 38,077,739 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.07 at $22.84, with 4,569,601 shares traded.
Tesla (NASDAQ: TSLA) ranked among the five worst-performing stocks in the S&P 500 last year, as its share price nosedived nearly 70%, erasing roughly $850 billion from its market cap. The company has never suffered a sharper decline at any point in its history, and several fa
The year 2023 recorded the best January in four years. The S&P 500 (up 5.6%), the Dow Jones (up 2%), the Nasdaq Composite (up 10.3%) and the Russell 2000 (up 8.4%) – all gained handsomely past month (as of Jan 30, 2023).
Ford (NYSE: F) is following Tesla (NASDAQ: TSLA) in cutting electric vehicle (EV) prices. Typically, when a company follows a competitor in cutting prices, it signifies the start of a price war. These actions tend to bring profit margins down industrywide, which is terrible news
China's CATL, the world's largest battery maker, is planning to raise at least $5 billion by listing global depositary receipts in Switzerland as early as May, according to two sources with direct knowledge of the matter.
Tesla plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price cuts on its best-selling models, according to a planning memo seen by Reuters and a person with knowledge of the plan.
For Immediate ReleaseChicago, IL – February 1, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured
Indonesian President Joko Widodo is confident Tesla Inc will finalise a deal to invest in a production facility in his country, having offered the U.S. car maker incentives ranging from tax breaks to a concession to mine nickel.
German automaker BMW said on Wednesday it had raised suggested retail prices for some models sold in China effective immediately because of higher raw material and logistics costs globally.
Top U.S. proxy advisers Glass Lewis and Institutional Shareholder Services on Tuesday defended their corporate voting recommendations on environmental and social matters, with both saying they remain focused on long-term shareholder value.
What happened
The Great Tesla (NASDAQ: TSLA) Stock Acceleration of 2023 continued on Tuesday, with the bellwether electric vehicle (EV) maker's share price zooming nearly 4% higher. And that was on a generally fine day for the market overall during which the S&P 500 index not
Brazil's Vale SA, one of the world's largest mining companies, on Tuesday reported a fourth-quarter 1% fall in iron ore production from a year earlier, while the sales volume of nickel soared
Twitter Inc has made its first interest payment on a loan that banks provided to help finance billionaire Elon Musk's purchase of the social media company last year, according to two people familiar with the matter.
What happened
Electric-vehicle (EV) stocks had an explosive day on Tuesday, as shares moved higher across the board. The potential for lower interest rates has excited investors, and once again, the EV space is an obvious place to look for growth.
U.S. proxy adviser Glass Lewis on Tuesday defended its corporate voting recommendations on environmental and social matters, saying it considers them only "through the lens of long-term shareholder value."