Nasdaq TSLA Tesla

The Vanguard Mega Cap Growth ETF is seeing unusually high volume in afternoon trading Friday, with over 1.4 million shares traded versus three month average volume of about 370,000. Shares of MGK were up about 1.4% on the day.

Tesla Chief Executive Elon Musk met two top White House officials on Friday in Washington to discuss how the car maker and Democratic President Joe Biden could work together to advance electric vehicle production and speed electrification of U.S. vehicle networks.

The stalling of a Twitter program that was critical for outside researchers studying disinformation campaigns throws into question the company's strategy to comply with upcoming regulation in Europe, former employees and experts told Reuters.

Tesla Chief Executive Elon Musk met two top officials in President Joe Biden's administration on Friday in Washington to discuss how the car maker and the Democratic president could work together to advance electric vehicle production and speed electrification of U.S. vehicle networks.

What happened Shares of China-based electric vehicle (EV) maker Li Auto (NASDAQ: LI) have been on a tear this year. The stock is up by more than 23% year to date, with the majority of those gains coming this week. Li shares were higher by 14.5% since last Friday's closing price a

Tesla Chief Executive Elon Musk met two top Biden administration officials on Friday in Washington to discuss shared goals around electrification, a White House spokesperson said.

Sciences Po, one of France's top universities, has banned the use of ChatGPT, an artificial intelligence-based chatbot that can generate coherent prose, to prevent fraud and plagiarism.

Cathie Wood's ARK Innovation Fund is closing in on the best monthly performance in its history as it rides a rebound in many of the high-growth stocks that took a beating last year.

Tesla (NASDAQ: TSLA) and Shopify (NYSE: SHOP) are among Cathie Wood's top holdings. In this video, I will evaluate these two growth stocks to determine which is the better stock to buy.

Electric vehicles maker Tesla ( NASDAQ:TSLA ) is utilizing the data gathered by its Insurance business to minimize the cost of repairing its vehicles. During the fourth-quarter earnings call, CEO Elon Musk stated that feedback from the Tesla Insurance business is also helping in making small changes in design and in improving the logistics of spare parts to ensure customer satisfaction and reduce repair costs. Musk stated that “two really important side benefit” to its Tesla Insurance business are worth mentioning. Firstly, seeing Tesla Insurance’s competitive rates, other insurance companies have also started offering better rates, thus ensuring lower insurance costs for customers even if they don’t use Tesla Insurance. Secondly, Musk noted that Tesla Insurance is giving them “good feedback loop into minimizing the cost of repair of Teslas.” Musk explained that earlier, the company didn’t have a good insight into the cost of repairing or other aspects as third-party insurance companies were covering the costs, which in certain cases were unreasonably high. Based on the feedback from Tesla Insurance, the company adjusted the design of the car and even made changes in the car’s software to minimize the repair cost. Tesla Insurance’s Growth Potential Tesla launched its insurance division in August 2019, promising rates up to 30% lower than rival insurance providers. Responding to an analyst’s question about when Tesla Insurance will generate enough revenue for the company to provide details, CFO Zachary Kirkhorn said, “I think it's probably going to take some time before this business is large enough for specific financial disclosures.” Nonetheless, Kirkhorn revealed that Tesla Insurance was generating premiums at an annual run rate of $300 million as of the end of last year. He added that it was growing at a quarterly rate of 20%, “growing faster” than the company’s vehicle business. The CFO also highlighted that 17% (on average) of the customers in the states where the company has a presence are using a Tesla Insurance product. While Tesla is using data from Tesla Insurance to bring down costs, third-party insurers have a very different approach to address the high repair costs. A Reuters report mentioned that insurers are writing off low-mileage Tesla Model Y cars that have been in crashes and sending them to salvage auctions as they feel they are too expensive to repair.            What is the Target Price for Tesla Stock? Wall Street is cautiously optimistic about Tesla, with a Moderate Buy consensus rating based on 18 Buys, seven Holds, and three Sells. The average TSLA stock price target of $186 implies 16.1% upside potential. TSLA shares have rallied 30% year-to-date. This week, the company reported upbeat Q4 results. Disclosure

What happened Shares of Freyr Battery (NYSE: FREY) are tumbling 15.1% from where they closed last Friday, according to data provided by S&P Global Market Intelligence. The stock started the week off on a high note with shares rising from their Friday close, but then turned so

Tesla Motors TSLA reported record-breaking Q4 results, wherein it beat both earnings and revenue estimates. The company posted record quarterly revenues, operating income and net income in its history.Shares of Tesla rallied about 10% on Jan 26 trading day. Impressed with

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P 500 ETF Trust (Symbol: SPY) where we have detected an approximate $749 inflow -- that's a 0.2% increase week over week in outstanding u

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P 500 ETF Trust (Symbol: SPY) where we have detected an approximate $749 inflow -- that's a 0.2% increase week over week in outstanding u

Wall Street crept higher on Friday after data showing easing inflation spurred hopes of a policy downshift from the Federal Reserve, while credit card giant American Express jumped nearly 10% on an upbeat forecast.

What happened Tesla (NASDAQ: TSLA) investors have enjoyed a good start to 2023. The stock's upward momentum continued this week, spurred on by an earnings report that provided several reasons to be optimistic about the electric vehicle (EV) maker and its stock. As of early in Fri

In early trading on Friday, shares of Old Dominion Freight Line topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.9%. Year to date, Old Dominion Freight Line, registers a 16.9% gain.

In this video, I will be discussing three stocks that I believe are solid long-term investments. I chose these companies based on growth, profitability, and competitive advantages, among other metrics. So if I had to pick only three stocks to hold for the rest of my life, these w

U.S. stocks closed higher on Thursday in a choppy trading session that saw investors weigh in an onslaught of economic data, as the fourth-quarter gross domestic product came in higher than expectations, and digested mixed corporate earnings. All three major indexes ended

Tesla (NASDAQ: TSLA) is the foremost pioneer of the EV industry. Amazon (NASDAQ: AMZN) was a small bookseller that turned into an everything store. This video will let you know which is the better stock to buy.