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Nasdaq F Ford

What Ford's November Sales Reveal About Its Turnaround Efforts

4 years 10 months ago
After spending years in neutral gear, eclipsed by exciting new names like Tesla (NASDAQ: TSLA), automotive giant Ford Motor Company (NYSE: F) appears to be executing strongly on its energetic new modernization strategy. The automaker just released its November 2021 sales report,
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At All-Time Highs, Is Synopsys Stock A Buy?

4 years 10 months ago
Synopsys, Inc (NASDAQ: SNPS) provides a platform on which engineers design and test integrated circuits, commonly know as "chips" among other software applications. The company has been public since 1992 and has grown to be one of the largest software companies in the world.
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Tesla Stock: Bull vs. Bear

4 years 10 months ago
Meme stocks? Electric-vehicle stocks? Hypergrowth tech stocks? Whatever you call it, Tesla (NASDAQ: TSLA) is arguably the granddaddy of all of them. For investors who bought early -- or even as recently as a couple of years ago -- the returns on the stock have been nothing short
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Why GlobalFoundries Shares Rose 42% Last Month

4 years 10 months ago
What happened Shares of semiconductor manufacturing specialist GlobalFoundries (NASDAQ: GFS) gained 42.1% in November, according to data from S&P Global Market Intelligence. The company entered the public stock market at the very end of October. When the quiet period ended three
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Tesla to Launch Cybertruck with 4-Motor Variant

4 years 10 months ago

Tesla (TSLA) has revealed that its much-awaited Cybertruck will launch in an advanced, four-motor variant, according to Reuters.

First declared in 2019, the vehicle production is expected to begin next year and achieve volume production in 2023.

Tesla designs, manufactures, and sells fully electric cars, solar energy generation systems, and energy storage products. TSLA shares were down 6.4% on December 3 to close at $1,014.97. (See Tesla stock charts on TipRanks)

CEO Comments

In a tweet, Tesla CEO Elon Musk said, “Initial production will be 4 motor variant, with independent, ultra-fast response torque control of each wheel.”

Further sharing his excitement on the electric pick-up truck with “insane technology bandwagon,” Musk added that the Cybertruck will feature both front and rear-wheel steer that will "not just (turn) like a tank – it can drive diagonally like a crab.”

Notably, Musk confirmed receipt of several hundred thousand orders for the Cybertruck when it opened for preorders. Musk will declare further updates on the product roadmap in the next earnings announcement.

Cybertruck will compete with pickup trucks like GMC's (GM) Hummer EV, Ford's (F) F-150 Lightning, and Rivian's R1T.

Wall Street’s Take

Consensus among analysts is a Hold based on 12 Buys, 6 Holds, and 7 Sells. The average Tesla price target of $938.52 implies a 7.5% downside potential from current levels.

Website Traffic

TipRanks’ Website Traffic tool, which uses data from SEMrush Holdings (SEMR), the world’s biggest website usage monitoring service, offers insight into TSLA’s performance.

In October, Tesla website traffic recorded a 13.17% year-over-year decline in monthly unique visits. However, year-to-date website traffic growth increased by 1.7%, compared to the same period last year.

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TipRanks

How Ford Will Benefit When the Chip Shortage Ends

4 years 10 months ago
Ford (NYSE: F) has been a big winner this year as the company is making progress in the electric vehicle market and as profits have boomed following a rough 2020. An end to the semiconductor shortage should boost Ford, along with other automakers.
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Here's My Top Stock to Buy in December

4 years 10 months ago
The electric vehicle (EV) industry is heating up as battery technology improves and governments introduce favorable policies to reduce carbon footprints. But with many leading companies trading at astronomical valuations, investors may struggle to tap into the long-term opportuni
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Why Ford Jumped 12% in November

4 years 10 months ago
What happened Ford Motor Co. (NYSE: F) continued to push forward in November, beating the market with a 12.4% increase in its stock price, according to S&P Global Market Intelligence.
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Why Tesla Launching a Cyberquad for Kids Is Genius

4 years 10 months ago
In this video, I will talk about the genius behind launching a Cyberquad for children, what it could mean for the upcoming Cybertruck, and Tesla's (NASDAQ: TSLA) gross margin compared to other automakers. You can find the video below, but here are some highlights.
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28 minutes 17 seconds ago
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