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In early trading on Tuesday, shares of JD.com, topped the list of the day's best performing components of the Nasdaq 100 index, trading up 5.0%. Year to date, JD.com has lost about 15.4% of its value.

In early trading on Tuesday, shares of Wynn Resorts topped the list of the day's best performing components of the S&P 500 index, trading up 2.8%. Year to date, Wynn Resorts has lost about 2.4% of its value.

The S&P 500 and tech-heavy Nasdaq fell on Tuesday, led by declines in some megacap growth stocks and Tesla, with optimism around China further easing its COVID-19 curbs limiting losses on the indexes.

December has been a brutal month for the U.S. stock market. Recession fears triggered by the return of the Fed’s hawkish tone led to risk-off trading. Weak results from Micron Technology MU and Tesla TSLA added to the chaos. The S&P 500 Index and the Dow Jones Industr

Last week, the European Automobile Manufacturers Association released data for commercial car registrations for November and the first 11 months of 2022. The European Union (EU) commercial vehicle market inched down 0.6% last month, representing the 17th straight month of

The stock market has had a horrific 2022, and investors have hoped that they'd get some relief in the last week of the year. Tuesday morning brought the promise of at least a mild bounce for the financial markets, as stock index futures were modestly higher before the market open

Tesla plans to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to an internal schedule reviewed by Reuters.

(RTTNews) - Shares in Tesla are at a 28-month low as investors continue to sell stock of the luxury electric car maker after its CEO Elon Musk acquired social-media company Twitter, Inc. in April. The performance of Tesla has been on a down track since the Twitter deal with Musk

Motley Fool contributor Jamie Louko walks through his rationale for owning Tesla (NASDAQ: TSLA) stock. While it is a small portion of his portfolio, he has confidence in this electric vehicle leader.

Electric vehicle (EV) stocks saw deep drawdowns in 2022 as investors in growth stocks dumped their shares in fear. Their pessimism wasn't unfounded -- the EV industry faced more challenges than ever in 2022, ranging from a shortage of key parts and supplies to sky-high global inf

U.S. stock index futures rose on Tuesday after China further relaxed its COVID-19 curbs, fuelling hopes of a recovery in the world's second largest economy.

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Tesla buyers who waited months for their new car have had an unusual choice for much of the past two years: keep the new electric vehicle, or sell it at a profit to someone with less patience.

Tesla plans to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to an internal schedule reviewed by Reuters.

In just a few days, one of the most challenging years on record for investors will come to a close. The bond market may end up logging its worst year ever, while the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all entered bear markets at one point or another i

Cathie Wood’s ARK Innovation Fund, which more than doubled during the pandemic rally, is on pace to finish near the very bottom of all U.S. mutual funds in 2022 after surging inflation and higher interest rates dried up appetite for high-growth shares.

Billionaire Elon Musk’s Twitter endeavor has not gone down well with Tesla ( NASDAQ:TSLA ) investors and analysts. Tesla shareholders have started questioning Musk’s leadership (or the lack of it) since he acquired the social media platform. The matter has become more intense due to concerns over the demand for electric vehicles (EVs) amid high inflation, growing interest rates, and the COVID-19 havoc in China. With Tesla stock down 65% year-to-date (33% in the past month), let’s take a look at other EV stocks with attractive growth potential. General Motors (NYSE:GM) Stock Legacy automaker General Motors ( NYSE:GM ) is rapidly transforming its business with an increased focus on EVs. The company aims to manufacture 400,000 EVs in North America from 2022 through Q1 2024 and ramp up its capacity to 1 million units per year in the region in 2025. GM has assured investors that it has secured binding commitments for all the battery raw materials required to meet its 2025 capacity target. GM is planning capital expenditure in the range of $11 billion to $13 billion per year through 2025 to support its growth plans. Overall, the company expects its revenue to grow at a 12% compound annual rate through 2025 to over $225 billion, fueled by robust growth in EV volumes. GM aims to generate over $50 billion in revenue from EVs in 2025. What is the Target Price for GM Stock? Following GM’s Investor Day event last month, Wedbush analyst Daniel Ives reiterated a Buy rating on GM stock and a price target of $42. Ives noted that despite ongoing supply and macro challenges, GM reiterated its long-term EV targets and its goal (initially announced in 2021) to double its revenue to $280 billion by 2030.   The analyst added that he is “incrementally confident that GM is on the right path towards accelerating its EV vision into the coming years with 2025 the major inflection point year.” The Street’s Moderate Buy consensus rating for General Motors stock is based on seven Buys, five Holds, and two Sells. The average price target of $43.25 implies 27.8% upside potential. GM stock has tumbled over 42% so far this year. Fisker (NYSE:FSR) Stock California-based EV maker Fisker ( NYSE:FSR ) was co-founded by legendary car designer Henrik Fisker, who has been serving as the company’s Chairman and CEO since its inception in 2016. Last month, the company announced that it had commenced the production of its Fisker Ocean all-electric SUV on schedule. The Ocean is being built in Austria by a unit of Magna International. The company expects production of over 300 units in Q1 2023, with a rapid rise to over 8,000 vehicles in Q2 and over 15,000 in Q3. Overall, Fisker aims to end 2023 with 42,400 units. The company had over 62,000 reservations and orders for Fisker Ocean as of October 31, 2022. The company is also working on a second model, a low-cost EV called Fisker Pear. Interestingly, Fisker Pear reservations were over 5,000 as of October-end. Is Fisker a Good Buy Right Now? Recently, Evercore ISI analyst Chris McNally initiated coverage of Fisker stock with a Buy rating and a price target of $15. McNally stated, “Fisker targets share gains in a currently neglected EV space – well-styled smaller SUVs with tech-forward features, with lower cost PEAR CUV on the way (’24).” The analyst estimates a 40% to 50% upside to the 2023 revenue consensus. McNally highlighted that Fisker has an asset-light, differentiated business model compared to the likes of Rivian ( RIVN ) and Lucid ( LCID ), which should help the EV maker gain solid market share. Wall Street has a Moderate Buy consensus rating on Fisker stock based on four Buys and three Holds. The average FSR stock price target of $13.17 implies 83.2% upside potential. FSR stock has declined 54.3% year-to-date. Blink Charging (NASDAQ:BLNK) Stock Blink Charging ( NASDAQ:BLNK ) is a leading provider of EV charging equipment and networked EV charging services. It has deployed more than 58,000 charging ports across 25 countries. The robust long-term growth prospects for EVs bode well for Blink Charging. The company is ramping up its capacity and intends to “aggressively compete” for a share of the $7.5 billion funding allocated under the Inflation Reduction Act to build a national network of 500,000 EV chargers by 2030.   Aside from organic expansion, Blink is also growing through strategic acquisitions. The company acquired Electric Blue in April 2022 to gain access to the U.K. and Ireland markets and Semi Connect in June 2022 to expand its charging footprint in the U.S. While macro challenges might impact Blink Charging over the short-term, the company is well positioned to capture growth in the EV charging space in the years ahead. Is Blink Charging a Buy or Sell? Blink Charging’s Moderate Buy consensus rating is based on two Buys and one Hold. At $27.33, the average BLNK stock price prediction suggests nearly 146% upside potential. Shares have plunged 58% so far this year. Conclusion Elon Musk's Tesla has always attracted immense attention from Wall Street. That said, investors can consider other EV stocks also that are expected to gain from the rapid shift to EVs. While General Motors has strong cash flows to back its EV plans, Fisker and Blink Charging are growth stocks with high-risk, high-reward profiles. Special end-of-year offer: Access TipRanks Premium tools for an all-time low price! Click to learn more Disclosure

Undoubtedly, electric vehicles (EVs) will become the norm over the next couple of decades, ending more than 100 years of internal combustion engine automobile dominance. Statista estimates that sales will grow at a compound annual rate of nearly 17% through 2027, going from $389

Recent times have been no easy ride for Tesla ( TSLA) . Production slowdowns in China, higher inventory levels and recent price cuts have put the EV leader on a path to miss Street estimates for Q4 and to provide a weakened outlook for 2023. At least that is the opinion of Wedbush’s Daniel Ives, who cites the items above as the reason for lowering his estimates for Q4 and 2023. “The reality is that after a Cinderella story demand environment since 2018 Tesla is facing some serious macro and company specific EV competitive headwinds into 2023 that are starting to emerge both in the US and China,” the analyst recently said. Ives now sees Q4 deliveries coming in between 410,000 to 415,000, down from the previous forecast of 450,000 and lower than the “Street whisper numbers” of roughly 435,000. But of course, these issues are compounded by the elephant in the room. As inventory builds while the prospect of a likely global recession looms and the company enacts price cuts, CEO Elon Musk has gone AWOL. Not that he’s disappeared, more like "asleep at the wheel" leadership-wise and “laser focused” on Twitter. And that has had ruinous implication for TSLA shares. “In essence,” Ives explains, “Musk has lost credibility with the broader investment community as broken promises (selling stock again and again and again....), the Twitter fiasco, opening up the political firestorm on Twitter, and brand deterioration for Musk and Tesla has led to a complete debacle for the stock.” So, time to throw the towel in? Not quite. While Tesla remains the clear leader of an EV industry set to “meaningful accelerate over the coming years,” the analyst believes the the “long term Tesla transformational story remains intact.” However, to help sentiment shift, Musk will need to refocus his energies on Tesla and stop selling stock, while any other “strategic missteps will be carefully scrutinized by the Street and further weigh on shares.” In the meantime, Ives sticks with an Outperform (i.e., Buy) rating, although reflecting “lowered estimates and higher near-term uncertainty around the Tesla story,” the price target is reduced from $250 to $175. Still, there’s upside of 42% from current levels. (To watch Ives’ track record, click here ) Looking at the consensus breakdown, based on 19 Buys, 10 Holds and 2 Sells, the analysts’ view is that this stock is a Moderate Buy. Following the stock’s ongoing sell-off, most think the shares are now severely undervalued; going by the $272.41 average target, they will climb 121% higher in the year ahead. ( See Tesla stock forecast on TipRanks) Special end-of-year offer: Access TipRanks Premium tools for an all-time low price! Click to learn more. 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.

Electric vehicles are taking the automotive world by storm, and many start-ups want a piece of that trillion-dollar pie. The challenge will be making money in a notoriously unprofitable industry. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down what i