The U.S. Senate Finance Committee asked eight major automakers, including General Motors, Tesla, Ford Motor, and Honda Motor, to answer questions about their Chinese supply chains, according to letters made public on Thursday.
What happened
The plunge in shares of Tesla (NASDAQ: TSLA) continued on Thursday with a new worry for investors. The electric-vehicle (EV) leader's stock has plummeted 55% in just the past three months, and shares are down another 6.3% today, as of 11:25 a.m. ET.
Over the past few years, plenty of investors started paying more attention to stock picks made by Cathie Wood, the co-founder and CEO of Ark Invest. While her strategy of focusing on high-growth companies put a strain on returns in 2022, there are still great long-term investment
The NASDAQ 100 Pre-Market Indicator is down -81.66 to 11,154.22. The total Pre-Market volume is currently 65,206,755 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.2721 at $18.61, with 3,419,949 shares trade
Tesla (NASDAQ: TSLA) has one of the highest customer ratings of any company in the world. That's one of the three things savvy investors know about Tesla stock.
This year's steep decline in U.S. equities is juicing the returns of short sellers, who are on track for their first yearly gain since 2018 thanks in part to bets against shares of Tesla, Amazon.com and other megacap growth stocks that have led markets higher for years.
Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires - 2022 has been perhaps the most turbulent year investors have ever seen, and for good reason.
Mizuho analysts cut their price targets for three electric vehicle (EV) makers due to increasing consumer headwinds expected in 2023. The analysts cut Tesla's (US:TSLA) price target to $285 per share from $330. They trimmed their targets to $28 and $50 per sh
Tesla Inc's China chief Tom Zhu and a team of his reports has been brought in to troubleshoot production issues in the United States, fueling talk among colleagues he is being groomed for a bigger role at a time when Chief Executive Elon Musk has been distracted by Twitter.
Tesla Inc is offering $7,500 discounts on Model 3 and Model Y electric vehicles (EV) delivered in the United States this month, its website showed on Wednesday, amid concerns the automaker is facing softening demand as economies slow and EV tax incentives loom.
Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires - 2022 has been perhaps the most turbulent year investors have ever seen, and for good reason.
This year's steep decline in U.S. equities is juicing the returns of short sellers, who are on track for their first yearly gain since 2018 thanks in part to bets against shares of Tesla, Amazon.com and other megacap growth stocks that have led markets higher for years.
Tesla Inc is offering discounts on Model 3 and Model Y vehicles delivered in the United States and Canada this month, sales pages on its website showed on Wednesday, amid concerns the automaker is facing softening demand as economies slow.
The driver of a 2021 Tesla Model S involved in an eight-vehicle crash last month on San Francisco's Bay Bridge told police he was in Full-Self Driving (FSD) mode which had malfunctioned, according to a police report made public Wednesday.
Tesla (TSLA) closed at $137.57 in the latest trading session, marking a -0.17% move from the prior day. This move lagged the S&P 500's daily gain of 1.49%. Elsewhere, the Dow gained 1.6%, while the tech-heavy Nasdaq added 0.06%.
Tesla Inc's China chief Tom Zhu and a team of his reports has been brought in to troubleshoot production issues in the United States, fueling talk among colleagues he is being groomed for a bigger role at a time when Chief Executive Elon Musk has been distracted by Twitter.
Elon Musk said Twitter Inc is now on track to be "roughly cash flow break-even" next year, as the billionaire owner defended his deep cost-cutting measures at the social media platform.
It's not easy being Cathie Wood these days. The Ark Invest co-founder, CEO, and top stock picker has fallen on hard times since turning heads with triple-digit returns in 2020 for her family of high-growth exchange-traded funds. Her largest fund hit a five-year low on Tuesday.
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