What happened
With a market capitalization near $900 billion, and annual sales approaching $54 billion, Tesla (NASDAQ: TSLA) -- once just an electric car start-up -- has grown into a force to be reckoned with in the automotive world, and after 10 straight quarters of healthy, and
What happened
Shares of Tesla (NASDAQ: TSLA) slid 11.4% in January, according to data provided by S&P Global Market Intelligence. The leader in electric vehicle manufacturing reported strong growth across the board in its fourth-quarter report, but it wasn't enough for invest
Investors in Tesla Inc (Symbol: TSLA) saw new options begin trading this week, for the March 25th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the TSLA options chain for the new March 25th contracts and identified one put and one call co
Meritor, Inc. MTOR posted adjusted earnings per share of 80 cents in first-quarter fiscal 2022, increasing 33.3% from 60 cents in the year-ago quarter. The metric also beat the Zacks Consensus Estimate of 75 cents on higher-than-expected revenues from the Commercial Truck
Ford F reported adjusted earnings of 26 cents per share for fourth-quarter 2021, missing the Zacks Consensus Estimate of 43 cents. Lower-than-expected profits in North America and a pretax loss in Europe led to this underperformance. The bottom line, moreover, compares u
Automakers, including General Motors, Ford Motor and Hyundai Motor predict a near two-year chip constraint will ease in the second half of 2022, but automotive chipmakers, on the other hand, expect a recovery to take longer.
2021 was the year of the special purpose acquisition company (SPAC), but amid the craze of young companies coming public through SPAC mergers, there were many that were money losers for investors. There were even SPACs that brought companies without any revenue to the public mark
Automaker Volvo Cars and battery manufacturer Northvolt will build their joint battery manufacturing plant in Gothenburg, western Sweden, the two companies said on Friday.
California officials on Thursday said they needed more time to consider whether to adopt a controversial proposal that would reform the state's key rooftop solar power incentive.
Tesla Inc on Wednesday applied for a permit to extend its existing Austin-based car factory with a building to produce cathodes for battery manufacturing, according to city filings and a spokeswoman.
(RTTNews) - The National Highway Traffic Safety Administration said Thursday that luxury electric car maker Tesla Inc. (TSLA) is recalling 817,143 vehicles over a seat belt reminder alert that can fail to activate.
In 2022, the U.S. equities market got off to its worst start to a year since the dark days of the financial crisis, with many areas of the market, including stocks and stock exchange-traded funds (ETFs), selling off. As a result, many investors are rethinking how to position th
Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc's stock marked a record one-day plunge following a disappointing earnings forecast that shook the global tech landscape.
What happened
January wasn't a good month for stocks in many tech and growth sectors. Electric vehicle (EV) names were some of the hardest hit. General Motors (NYSE: GM) has been accelerating its transition into EVs and trying to convince investors of its place in the burgeoning
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Consumer Discretionary ETF (Symbol: IYC) where we have detected an approximate $259.2 million dollar outflow -- that's a 17.9% decrease
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