Electric vehicle (EV) stocks had a rough 2023. Most stocks, that is. One that continued to provide strong returns to shareholders was Tesla (NASDAQ: TSLA). There are several reasons why Tesla stock doubled in 2023 even as its profit margins dropped.
In this week's video, I cover need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of Dec. 25. Today's video will focus on Tesla's sales numbers in China, the Tesla Model Y refresh, a new factory location, the incredible demand for the Cybertruck, and a look at
China is an infrastructure titan. The country devotes trillions of dollars to expanding and shoring up the country’s energy and transportation systems. That dedication is carrying over to electric vehicle (EV) infrastructure. The theme applies to more than just China itself. Chinese EV manufacturers and other companies are expanding charge infrastructure across Central Asia. That [...]
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U.S. stock index futures fell on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped after a broker downgraded its shares and investors pondered if last year's big market gains could be sustained.
Tesla on Tuesday reported fourth-quarter deliveries ahead of analysts' estimates after a push to deliver more Model 3 electric cars before some variants of the compact sedan lose federal tax credits in the new year under the Inflation Reduction Act (IRA).
Rivian Automotive posted a sequential fall in fourth-quarter deliveries on Tuesday, and missed market estimates, as tough competition and high interest rates affect demand for its electric vehicles.
The NASDAQ 100 Pre-Market Indicator is down -160.7 to 16,665.23. The total Pre-Market volume is currently 49,786,154 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.46 at $13.91, with 4,792,104 shares t
It’s fair to say that artificial intelligence (AI) was top of mind for many market participants in 2023. It’s also accurate to say investors didn’t stretch into exotic, volatile stocks to access the AI theme because the magnificent seven cohort of Apple (AAPL), Alphabet (GOOGL), Meta Platforms (META), Amazon.com (AMZN), Nvidia (NVDA), Microsoft (MSFT), and [...]
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Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consistent
U.S. stock index futures slipped on Tuesday, setting a somber tone for the first trading day of 2024, as Apple dipped on a broker downgrade and investors pondered if last year's big market gains could be sustained.
Wall Street closed out 2023 on fire, moving higher for the final nine trading weeks of the year. But there are still stocks sinking in the rising tide. I thought my three stocks to avoid for last week -- Alibaba Group (NYSE: BABA), Steelcase (NYSE: SCS), and JD.com (NASDAQ: JD)
Tesla topped Norway's car sales statistic for a third consecutive year in 2023, extending its lead over rivals despite an ongoing conflict between the U.S. electric vehicle maker and the Nordic region's powerful labour unions.
Global mega-cap companies, led by the technology sector, posted solid gains in 2023, boosted by optimism over artificial intelligence, that inflation was peaking and on hopes for further economic stimulus from central banks.
New registrations of Tesla cars in Sweden increased in December from a year earlier and the car maker's market share grew, industry data showed on Tuesday, despite union action against the company hampering imports.
Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said.
The larger an object, the more force is needed to move it. And with a market cap of $800 billion, moving Tesla (NASDAQ: TSLA) requires a lot of force. Over the coming years, the company will need to generate significant value to maintain its stock's upward momentum. And in the mi
There's little argument that 2022 was among the most challenging in recent history for investors, but this year has been a different story entirely. After tumbling roughly 35% in 2022 -- its worst performance since 2008 -- the Nasdaq Composite has sprinted ahead, gaining 44% so f
Any investing exposure to the "Magnificent Seven" stocks has made your 2023 investing year a big success. This group of mega-cap tech stocks, including Nvidia (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), Tesla (NASDAQ: TSLA), Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Meta Platfor
The "Magnificent Seven" stocks dominated the market in 2023. The worst performer in the group, Apple (NASDAQ: AAPL), rose 49%, and the best, Nvidia (NASDAQ: NVDA), jumped nearly 240%. But with such strong runs behind them, do any of them have room left to grow in 2024?
Known as the home of high-profile tech stocks, the Nasdaq Composite is up a phenomenal 263% over the last decade. While that was a period of low inflation and easy-money policy from the Federal Reserve, things may not be the same going forward.