Tag Archives: Tesla

The major averages are comfortably higher on low volume as investors start to head for the exits and start the holidays.The S&P are up by +0.7%, Nasdaq +0.7% and Dow +0.6%. Ten of 11 S&P sectors are higher, led by Industrials and Materials. Real Estate is the only decliner. All …

Tesla slid 3.5% on Monday, closing at USD 899.94. That put the shares below where they had closed right before the $4.2 billion Hertz deal was revealed on 25 October.The shares which peaked on 4 November was down 21% in December, poised for the worst month since the pandemic erupted.Hertz’s …

The Dow Jones Industrial Average rallied 400 points early Tuesday, as the stock market began to add to Monday’s strong gains. Traders and investors suggest that Monday marked Day 1 of a new rally attempt on the Nasdaq.Apple has touched fresh highs, while Tesla stock rebounded from a critical support …

The US securities regulator has opened an investigation into Tesla over a complaint that the company failed to properly notify its shareholders and the public of fire risks associated with solar panel system defects over several years.The upcoming investigation raises regulatory pressure on the world’s most valuable automaker, which already …

The selloff gained force Friday, leaving the NYSE FANG+ Index of Tech Industry’s giants bordering on correction territory, or a 10% drop from the highest. That’s not seen as a good sign heading into the end of the year, the most illiquid trading season. Shares of Tesla, Netflix, Nvidia and …

Traders are busy gambling what suppliers and manufacturers could benefit from Apple’s autonomous car project.Aeva Technologies is up 6.36% and Innoviz Technologies is 4.32% higher. Both stocks also jumped up yesterday when the Apple’s car story found its way to news headlines and the companies were viewed as potential suppliers. …

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 …

Some investors bet that Rivian can become the next Tesla, whose own market cap stands above $1 trillion, while others say It is a bad bet.U. S. Electric automaker Rivian closed trading yesterday with value nearing $105 billion, two days after completing the largest U.S. IPO since Alibaba in 2014. …

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 …

Tesla CEO Elon Musk has sold more shares of the electric car maker, selling nearly $5 billion in shares following a Twitter poll, regulatory disclosures showed. Musk, the world’s richest person and the largest shareholder in Tesla, had said on Twitter at the weekend that he would sell 10% of …