Rivian (NASDAQ: RIVN) has been a promising electric vehicle company since coming to public markets, but it's run into a consistent problem. Operations are burning through money, and to get to cash-flow positive the company likely needs to build another manufacturing plant.
Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters.
Tesla Inc urged a Delaware judge on Friday to reject $230 million in legal fees requested by a team of shareholder attorneys who won a settlement in a dispute over director pay, and the company recommended a fee of $64 million instead.
The Q3 earnings season officially kicked off today with ‘Big Bank Friday,’ with a surplus of companies scheduled to report in the coming weeks. We’ve already received early results from several companies that we’ll include in our
Investors in the coming week will get a look at the state of U.S. consumers - whose spending drives around two-thirds of the economy - with a U.S. retail sales report and earnings due from Procter & Gamble, Netflix and a slew of banks.
A Tesla owner who accused the electric vehicle maker of improperly accessing and sharing video recorded from his car must pursue his privacy claims in an individual arbitration rather than a proposed class action lawsuit, a judge in California has ruled.
When asked what has made the greatest investors so successful in the long run, they all share a key ingredient: patience. The best investors exhibit discipline over decades, navigating their way through heightened-volatility phase
The WisdomTree Artificial Intelligence and Innovation Fund ETF (WTAI) is seeing unusually high volume in afternoon trading Friday, with over 500,000 shares traded versus three month average volume of about 137,000. Shares of WTAI were down about 1.6% on the day.
While the analyst community has been quite generous in labeling several EV companies as the "next Tesla," most have failed to live up to the hype. However, I believe Xpeng Motors and Rivian are two strong contenders for the envied spot.
For a minute, people rushed into lithium at a pace that made the chemical seem more critical than water. What is the reason? Most average investors understand that the electric vehicle stocks (EV) hype requires a lot of lithium for batteries to run those units around town, thoug
Wall Street's main stock indexes eyed a mixed open on Friday as investors assessed earnings from big U.S. banks, while Treasury yields eased following a spike in the previous session.
Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks with solid fundament
Tesla, Inc.’s TSLA market share in the U.S. electric vehicles (EV) segment has come down to 50% in third-quarter 2023 from a much-vaunted 62% in the first quarter. EVs have been rapidly gaining ground since the pandemic years, and
Over the past three years, retail investors have rocked the boat like never before on Wall Street. The meme-stock phenomenon of early 2021, which saw dozens of short-sold stocks explode higher in a matter of days, sounded their arrival. But it's the trading activity of these ever
Geopolitics are at the forefront of everyone's minds after war broke out between Israel and Palestinian militant group Hamas, and the mood in markets is jittery at best.