Lordstown Motors has agreed to go public through a merger with blank-check company DiamondPeak Holdings in a deal that values the electric pickup truck start-up at pro forma equity value of $1.6 billion, the companies said on Monday.
Stocks are America's favorite investment. More Americans believe investing in the stock market is a better option than investing in real estate over the next decade, according to a new study by Bankrate.
Shares of Tesla (NASDAQ: TSLA) roughly doubled in the first four months of 2020, despite a brief dip during the peak of the COVID-19 pandemic. This left Tesla stock trading near $800 at the end of April.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Tesla Inc (Symbol: TSLA), where a total of 534,012 contracts have traded so far, representing approximately 53.4 million underlying shares. That amounts to about 302.4
Tesla Inc Chief Executive Elon Musk said in a podcast released on Friday that demand for the company's electric vehicles remained strong throughout the coronavirus pandemic, with consumers preferring to shop online.
Tesla Inc Chief Executive Elon Musk in a podcast released on Friday said that demand for the company's electric vehicles remained strong throughout the coronavirus pandemic, with consumers preferring to shop online instead of crowding into dealership shops.
If a stock has been going up, up, up, lots of investors jump on board right away, expecting a big payday as the share price continues to climb. Likewise, if a stock has crashed, lots of investors will jump on board right away, expecting a big payday as the share price recovers.
Chinese electric vehicle (EV) maker Xpeng Motors has raised an additional $300 million from investors including Qatar's sovereign wealth fund, people familiar with the matter said.
LG Chem, an electric vehicle battery supplier for Tesla, Volkswagen and others, said on Friday it expects profitability in its battery business to rise in the second half, helping shares surge nearly 10%.
South Korea's LG Chem, an electric vehicle battery supplier for Tesla, Volkswagen and other automakers, said on Friday it expects rising sales in the current quarter after its battery business swung to an operating profit.
The most recognizable six syllables in English literature, "To be or not to be," is probably the one line from Hamlet that you remember from high school. But it's the advice from the king's advisor, Polonius, that is my favorite: "To thine own self be true" -- wisdom that's appl