Tesla stock dropped after the company reported better-than-expected earnings for Q4. But the automaker’s fourth-quarter results might not be good enough for investors. Tesla today reported stronger-than-expected fourth-quarter results, but the company’s stock fell slightly in post-closing trading after the automaker warned that supply chain problems could persist throughout 2022. …
Read More »Tesla Q4 Earnings Beating Record Profit, But Shares Drop
Tesla stock dropped after the company reported better-than-expected earnings for Q4. But the automaker’s fourth-quarter results might not be good enough for investors.Tesla reported earnings of $2.54 a share in the fourth quarter from $17.7 billion in sales Tesla reported earnings for Q4 after the close on Wednesday. Earnings per …
Read More »Tesla Stock Closer To Fresh Record On Earnings
Tesla stock traded above $1,200 a share early Tuesday, putting it close to its all-time high of $1,243.49. As the stock rises, it soared by double digits on Monday, expect more debate about how to value shares of the EV leader.Wall Street, for its part, appears to believe the stock …
Read More »Elon Musk Owes USD 11 Billion Taxes After Wrapping Up Tesla Stock Sales
Elon Musk appears to have wrapped up a busy year of trading his Tesla shares Tuesday. He will end up with one of the largest tax bills in history to show for it.The Tesla CEO exercised options to buy another 1.6 million shares, and sold 934,090 of those shares for …
Read More »Tesla Made Significant Midday Comeback
On Monday, Tesla shares staged a remarkable U. S. session’s midday comeback after selling off in heavy volume. Tesla shares traded down 1% after paring deeper losses of nearly 5%. CEO Elon Musk sold $6.9 billion worth of Tesla shares last week. This is estimated to be one of the …
Read More »Market Drivers – U. S. Session – 12-11-2121
The “Big Short” movie star Michael Burry returned to Twitter Friday. After earlier remarks about inflation, SEC and Fed policies, the movie star who is also CEO of Scion Asset Management says that Elon Musk has wrong calculations and had it not quite right with his Rivian comments. Earlier in …
Read More »Elon Musk Slammed for His Rivian Comments
The “Big Short” movie star Michael Burry returned to Twitter Friday. After earlier remarks about inflation, SEC and Fed policies, the movie star who is also CEO of Scion Asset Management says that Elon Musk has wrong calculations and had it not quite right with his Rivian comments.Earlier in the …
Read More »Dow Futures Surge as Tesla Impacted by Elon Musk’s Tweet
Dow Jones futures were higher early Tuesday after the stock market rally hit record levels yesterday. Tesla stock surged to more all-time highs. And Mosaic, NXP Semiconductor and ZoomInfo were three earnings movers after the close.The Dow Jones Industrial Average moved up 0.3%. The S&P 500 rose 0.2%, while the …
Read More »Elon Musk’s Fortune Jumps More Than 25 Billion Dollars in One Day
Tesla CEO Elon Musk’s fortune jumped $25.6 billion after his company’s shares jumped more than 12% to surpass $1 trillion in market value. According to the Forbes Rich List, Elon Musk’s fortune rose to $255.2 billion from $229.6 billion, or 11% in trading on Monday, October 25. Tesla shares rose …
Read More »Dow gains as Pelosi’s hints on spending bill changes
The Dow Jones Industrial Average has achieved a significant high amid prevalent weakness as House Speaker Nancy Pelosi hinted at changes as she moved to push ahead with debatable spending bills.The Dow Jones Industrial Average was just about positive, though it closed with a gain of less than 0.1%.Pelosi told …
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