Tag Archives: Tesla

The State Department’s planned $400 million purchase of “Armoured Teslas” has hit a roadblock. A 2025 procurement forecast, initially listing the purchase, was recently updated to remove Tesla’s name and instead specify “Armoured Electric Vehicles.” This change follows reports of potential conflict of interest due to Elon Musk’s prominent role …

The latest decisions taken by Beijing to revitalize the Chinese economy are having a noteworthy impact on the international market. China’s economy, the second largest worldwide, has a lot of ramifications, particularly for Western businesses who have a lot of exposure to the area. Let’s examine how this stimulus can …

Tesla (NASDAQ: TSLA) shares continued to trend higher today, after an analyst assigned the stock a price target that is among the highest on Wall Street. Tesla stock has soared by over 25% in the last three months.Tuesday morning, shares were higher by as much as nearly 5% after Deutsche …

Nasdaq has been taken by a storm. The tech-heavy Nasdaq Composite is going through a major direction change. On Wednesday, the Index saw its worst day since December 2022 as a perfect storm of worsening economic indicators and Megacap Tech companies’ disappointing reports sent shockwaves across the market. The Dow …

Stocks’ rally to record highs in 2024 has come to a pause as corporate earnings season begins to highlight the market’s true potential; Attention is now turning to the profits of the technology sector, especially the so-called “Great Seven”, the technology giants: Apple, Microsoft, Meta Platforms, Amazon, Tesla, Alphabet (the …

The tech industry is experiencing a severe decline, which has been negatively impacting the stock market. In the upcoming week, GE Aerospace, Tesla, ServiceNow, and Alphabet, the parent company of Google, will all be releasing their earnings results. Amid issues with chips, the CrowdStrike IT failure, and other issues, the …

Tesla’s stock defies typical analysis. While most companies see their value tied to financial performance, Tesla’s price is heavily influenced by excitement for its future prospects and the bold pronouncements of its CEO, Elon Musk. This has resulted in a stock price as volatile as a California wildfire, though it …

Tesla has postponed the launch of its highly anticipated robotaxi by approximately two months to October, according to a Bloomberg News report. This delay stems from a directive for the design team to rework certain elements of the vehicle. Following the news, Tesla’s shares experienced an 8% decline, closing at …

Tesla stocks have been on the comeback trail recently, and that continued on the first trading day of July. Shares of the leading electric vehicle maker were higher by 5.5% on Monday morning. The stock is now up by about 18% over the past month.Today’s leap comes just one day …

Tesla has topped the auto industry in profit per vehicle for the year through March, with Tesla’s net profit being the highest among top automakers. Nine of 12 top global automakers made more money per vehicle in the year ended March than the previous year due to recovering supply chains …