Tesla (NASDAQ:TSLA) appears to be a better pick compared to General Motors (NYSE: GM), even though TSLA stock trades at about 18.3x trailing revenues, while GM at 0.6x. So, how does this gap in valuation make sense? While the automotive sector has been heavily hampered by
What happened
Shares of electric car superstar Tesla (NASDAQ: TSLA) accelerated 2.5% as of 12:10 p.m. EDT Monday, continuing a winning spurt that began late last week.
MELBOURNE (Reuters Breakingviews) - Rivian Automotive has a good shot at becoming a successful battery-powered vehicle maker. The 12-year-old firm has since February 2019 convinced credible investors including Ford Motor, BlackRock and T. R
In this episode of Industry Focus: Energy, host Nick Sciple is joined by Lou Whiteman to take a look at Palantir Technologies (NYSE: PLTR) earnings and its gold purchase. Plus, the two discuss the Afghanistan recent news and how it will impact the defense industry.
The S&P 500 and Nasdaq were set to hit all-time highs on Monday as dovish remarks from the Federal Reserve last week bolstered optimism in an economic rebound and eased fears of a sudden tapering in monetary stimulus.
Stock Futures Edge Slightly Higher After S&P 500 & Nasdaq Hit RecordsU.S. stock futures are moving marginally higher in the pre-market trading in the stock market Monday as we approach the end of August. Investor optimism has been bolstered by the comments from Fed chairm
Futures tracking the S&P 500 and Nasdaq hit all-time highs on Monday as dovish remarks from the Federal Reserve last week bolstered optimism in an economic rebound and eased fears of a sudden tapering in monetary stimulus.
Shares of Indian auto parts suppliers rose as much as 14% on Monday following a report electric-vehicle maker Tesla Inc was in talks with at least three companies to source critical parts for its planned entry into the country.
Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp's planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources.
As is often the case with its press conference events, Tesla (NASDAQ: TSLA) made a splash in August with its AI Day event, unveiling its work on a "humanoid robot" that could one day act as an in-person assistant for physical tasks. A working prototype could be out as soon as 202
Will Amazon.com's (NASDAQ: AMZN) department stores be a hit with shoppers? Who is the next CEO to announce retirement? What's the next big trend in alcohol sales? In this episode of Motley Fool Money, Maria Gallagher and Jason Moser tackle those questions, as well as the latest e
Amazon.com Inc-backed electric vehicle company Rivian is seeking a valuation of around $70-80 billion in its initial public offering, a source familiar with the matter told Reuters on Friday.
Zeekr, the premium electric vehicle brand by Geely, said on Friday it raised $500 million in its first external funding from investors including Intel, battery maker CATL and online entertainment firm Bilibili.
Lucid Group (NASDAQ: LCID) has surely caught the attention of electric vehicle (EV) investors. Among automakers that manufacture only EVs, Lucid Group's market capitalization, of nearly $37 billion, is behind only those of Tesla and Nio. Let's see if investors' excitement about t
U.S. stock index futures inched higher on Friday ahead of Federal Reserve Chair Jerome Powell's speech that could offer clues on when the central bank will start winding down its stimulus.
Zeekr, the premium electric vehicle brand by Geely, said on Friday it raised $500 million in its first external funding from investors including Intel, battery maker CATL and online entertainment firm Bilibili.
4 Top Renewable Energy Stocks To Check Out In The Stock Market TodayWhen considering what stocks to buy today, investors may want to consider renewable energy stocks now. For the most part, this section of the stock market remains one of interest. After all, the global effects of