Nasdaq TSLA Tesla

What happened Wednesday was a good day for the stock market generally, but it was an especially good day for Lucid Group (NASDAQ: LCID) investors. The electric vehicle (EV) specialist's stock rose by 3.5%, beating the 2.9% gain of the frothy S&P 500 index. Two new analyst not

Wall Street ended sharply higher on Wednesday after Federal Reserve Chair Jerome Powell said the central bank might scale back the pace of its interest rate hikes as soon as December.

Wall Street ended sharply higher on Wednesday after Federal Reserve Chair Jerome Powell said the central bank might scale back the pace of its interest rate hikes as soon as December.

What happened Tesla's (NASDAQ: TSLA) stock was rising this afternoon after Federal Reserve Chairman Jerome Powell said that smaller interest rate hikes will begin in December.

Do you think Tesla’s ( TSLA ) share price drop is correlated to Elon Musk’s Twitter endeavors? Most likely, the answer is yes, and if that is your reply, then it chimes well with those given in response to a recent Morgan Stanley survey. Firm analyst Adam Jonas says the banking giant asked a host of institutional investors and industry experts two questions: “1. How much of Tesla’s recent underperformance do you attribute to the Twitter situation? And 2. What impact do you believe Elon Musk's acquisition of Twitter will have on Tesla's business going forward?" For the former, almost 75% of respondents said they believe the Twitter situation has accounted for “at least a significant portion of Tesla's recent share price underperformance.” As for the latter question, ~65% seemed to think the Twitter acquisition will have a “negative or slightly negative impact on Tesla's business going forward.” Just 5% said they thought the Twitter acquisition will have a “positive impact” on Tesla’s business. As for Jonas, he thinks the Musk-Twitter love affair could be detrimental to Tesla in a few ways, such as consumer sentiment/demand, commercial partnerships, and the support of government and capital markets. Yet, despite the ongoing Twitter debacle, Jonas is recommending investors load up on shares and he lists the reasons why he remains in the EV leader’s corner. “Tesla is the only name we cover that generates a profit (before incentives) on the sale of EVs. Tesla is the only self-funding pure play EV name we cover and has achieved a unique position to secure supply of the battery metals and related up-stream supply necessary to produce EVs at multi-million-unit scale,” Jonas explained. “In a slowing economic environment, we believe Tesla’s 'gap to competition’ can potentially widen, particularly as EV prices pivot from inflationary to deflationary.” To this end, the Morgan Stanley analyst gives TSLA shares an Overweight (i.e., Buy) rating, backed by $330 price target. The figure suggests the shares have room for 75% growth from current levels. (To watch Jonas’s track record, click here ) Overall, the stock claims a Moderate Buy consensus rating, based on 18 Buy ratings, 8 Holds and 2 Sells. ( See Tesla stock forecast on TipRanks) To find good ideas for stocks trading at attractive valuations, visit TipRanks’  Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. 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.

Wall Street jumped on Wednesday after Federal Reserve Chair Jerome Powell said the central bank might scale back the pace of its interest rate hikes as soon as December.

Wall Street rallied on Wednesday after Federal Reserve Chair Jerome Powell said the central bank might scale back the pace of its interest rate hikes as soon as December.

Wall Street was mixed on Wednesday, with the Dow and S&P 500 down and heavyweight growth stocks boosting the Nasdaq as focus shifts to comments from Federal Reserve Chair Jerome Powell later in the day.

Spanish ride-hailing application Cabify will invest more than $300 million through 2024 to strengthen its presence in Latin America, the company said in a statement on Wednesday.

In this video, I will be talking about Tesla's (NASDAQ: TSLA) market share numbers, short interest in the stock, and more company-related news.

In two major distinct recalls, EV kingpin Tesla Inc. TSLA is recalling more than 80,000 EVs in China.The automaker decided to recall a total of 67,698 imported Model S and Model X vehicles produced between Sep 25, 2013 and Nov 21, 2020, according to China’s State Administ

Wall Street was mixed on Wednesday, with the Dow and S&P 500 down ahead of comments from Federal Reserve Chair Jerome Powell later in the day, while Tesla shares were among top boosts to the Nasdaq after the company's sales in China nearly doubled.

U.S. stock indexes were set to open flat on Wednesday ahead of comments from Federal Reserve Chair Jerome Powell later in the day, while Tesla shares gained after the electric-vehicle maker's sales in China nearly doubled.

The NASDAQ 100 Pre-Market Indicator is up 24.2 to 11,527.65. The total Pre-Market volume is currently 42,823,500 shares traded.The following are the most active stocks for the pre-market session: XPeng Inc. (XPEV) is +0.8 at $8.14, with 4,146,890 shares traded. Smarter Analyst R

Last week, the European Automobile Manufacturers Association released data for commercial car registrations for October and the first 10 months of 2022. The European Union (EU) commercial vehicle market contracted 8.9% last month, representing the 16th straight month of d

U.S. stock index futures edged higher on Wednesday, with those of the Nasdaq rising the most on gains in Tesla shares, while investors treaded cautiously ahead of comments from Federal Reserve Chair Jerome Powell later in day.

While Tesla (NASDAQ: TSLA) is the leader in electric vehicles (EV), other aspects of its business also promote the use of clean energy. Its solar roof panel and energy storage segment represented about 5% of revenue in the third quarter, generating more than $1.1 billion.

BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outperforming the Volkswagen brand in a reversal that highlights the pressure on legacy brands in the world's largest auto market.

Tesla (NASDAQ:TSLA) stock has declined by roughly 19% over the past month (21 trading days). There are multiple factors weighing on the stock. Firstly, Tesla continues to be weighed down by CEO Elon Musk’s recent acquisition of the social media app Twitter.  Although M

The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by U.S. Federal Reserve Chair Jerome Powell that could provide hints about magnitude of future interest rate hikes.