What happened
Shares of Tesla (NASDAQ: TSLA) have plummeted since the market peaked and a bear market began. The electric vehicle (EV) stock is down a resounding 74% since that day on Jan. 3, 2022, according to data provided by S&P Global Market Intelligence.
Wall Street's main indexes rallied on Friday as a slew of economic data including cooling wages and moderation in U.S. jobs growth in December calmed worries over the Federal Reserve's rate-hike trajectory.
Germany's digital minister recently met Elon Musk to clarify what Berlin expects from Twitter, especially in fighting disinformation, since the Tesla founder took over the social media firm, the digital ministry said on Friday.
Telsa (NASDAQ: TSLA) can't stay out of the headlines lately, and as shares have plummeted 50% over the past six months, many investors have started to worry about the company. In this episode, Motley Fool contributors Jamie Louko and Zane Fracek look past the headlines to determi
Shares of Amazon.com, Inc. AMZN fell 2.4% after it announced increased layoff plans.Shares of Microsoft Corporation MSFT fell 3% on the broader tech slump.Tesla, Inc.’s TSLA shares fell 2.9% after December sales of its China-made electric vehicle dropped to a five-month l
Wall Street's main indexes were set to open sharply higher on Friday, as cooling wages and moderation in U.S. jobs growth in December calmed worries over the Federal Reserve's rate-hike trajectory.
Investors have grown apprehensive about what will happen to demand for Tesla's (NASDAQ: TSLA) electric vehicles in a weaker economic environment for large consumer discretionary purchases. As a result, many shareholders bolted, and the stock finished 2022 down 65%. But after the
The NASDAQ 100 Pre-Market Indicator is up 40.69 to 10,781.91. The total Pre-Market volume is currently 56,608,732 shares traded.The following are the most active stocks for the pre-market session: CytomX Therapeutics, Inc. (CTMX) is +1.26 at $3.05, with 9,878,789 shares traded.
If you've never invested in the stock market before, the steep declines lately might be making you hesitant to dive in. The Nasdaq-100 index, which is home to 101 of the largest technology stocks, plunged 33% in 2022.
Tesla's (NASDAQ: TSLA) latest price cuts come as the company grapples with headwinds while Elon Musk is distracted with his acquisition of Twitter. Investors are undoubtedly hoping for Musk to get his hands firmly on the wheel. Like the cars, Tesla the business is not fully auton
Tesla (NASDAQ: TSLA) delivered fewer vehicles in 2022 than its long-term growth target. That could be a significant risk for Tesla stock investors in 2023.
U.S. stock index futures were muted on Friday with all eyes on the jobs data due later in the day for further clues on how aggressive the Federal Reserve will be with its monetary policy tightening.
When Rivian Automotive (NASDAQ: RIVN) went public in November 2021, it claimed it could produce 50,000 electric vehicles (EVs) in 2022. But last March it halved that target to 25,000 amid persistent supply chain constraints.
For Immediate ReleaseChicago, IL – January 6, 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 i
South Korea's SK On plans to produce a new, lithium-iron-phosphate electric vehicle battery by 2025 as part of an effort to deliver lower-cost batteries to automakers squeezed by rising EV costs, a senior executive of the company said on Thursday.
Tesla cut prices for all versions of its Model 3 and Model Y vehicles in China by up to 13.5%, according to its Chinese website on Friday, after its December deliveries of China-made cars fell to the lowest point in five months.