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2023-12-16 00:00:00
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2023-12-16
TSLA
By Nivedita Balu TORONTO, Dec 18 (Reuters) - Bank of Nova Scotia (Scotiabank) BNS.TO is eying North America's booming $1.6 trillion trade with its renewed Mexico bet, a strategy that offers hope but brings risks that have seen many global lenders including Citigroup Inc. C.N scaling back. Scotiabank's new CEO Scott Tho...
2023-12-16
TSLA
M arket commentators love tortured acronyms or catchy phrases when it comes to big tech stocks. First it was FANG, which was reputedly first used by CNBC's Jim Cramer. That stood for Facebook (now Meta: META), Amazon (AMZN), Netflix (NFLX), and Google (now Alphabet: GOOG, GOOGL). Then, a few years later, Apple (AAPL) w...
2023-12-16
TSLA
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 ETF (Symbol: IWB) where we have detected an approximate $584.9 million dollar outflow -- that's a 1.8% decrease week over week (from 125,400,000 to 123,150,000). Among t...
2023-12-16
TSLA
STOCKHOLM, Dec 18 (Reuters) - Most Swedes support an ongoing mechanics strike at Tesla's TSLA.O workshops in the Nordic country over the right to collective bargaining, an opinion poll by Novus showed. The U.S. car maker is facing a backlash from unions and pension funds across the Nordic region over its refusal to acc...
2023-12-16
TSLA
It’s the time of year when investors are treated to a slew of market predictions for the next year. The onslaught of those offerings is dizzying. Add those predictions up and it’s likely market participants can absorb hundreds of stock picks for the year ahead. That's neither efficient nor practical for many investors ...
2023-12-16
TSLA
TORONTO, Dec 18 (Reuters) - Bank of Nova Scotia (Scotiabank) BNS.TO is eying North America's booming $1.6 trillion trade with its renewed Mexico bet, a strategy that offers hope but brings risks that have seen many global lenders including Citigroup Inc. C.N scaling back. Scotiabank's new CEO Scott Thomson, who built a...
2023-12-16
TSLA
There's reason to believe interest rates may decline in 2024, and that usually means it's a good idea to start investing in some interest-rate-sensitive stocks. In that line of thought, here's a look at why UPS (NYSE: UPS), Tesla (NASDAQ: TSLA), and machine vision company Cognex (NASDAQ: CGNX) are good ways to play thi...
2023-12-16
TSLA
Electric vehicle (EV) behemoth Tesla TSLA is recalling more than 2 million vehicles on U.S. roads to install new safeguards in their Autopilot system. U.S. legacy automaker General Motors GM delayed EV drive production at its Toledo plant. This follows GM's October announcement of postponing the production of its elect...
2023-12-16
TSLA
The NASDAQ 100 Pre-Market Indicator is up 5.92 to 16,629.37. The total Pre-Market volume is currently 50,840,748 shares traded. The following are the most active stocks for the pre-market session: NIO Inc. (NIO) is +0.72 at $8.70, with 11,608,982 shares traded. NIO's current last sale is 83.65% of the target price of...
2023-12-16
TSLA
There's been no shortage of news and interest surrounding electric vehicle (EV) leader Tesla (NASDAQ: TSLA) this year. The stock has more than doubled so far in 2023. But one Wall Street analyst thinks the stock is heading back down to near where it began the year. A crash could be coming On Friday, Guggenheim analyst ...
2023-12-16
TSLA
I f there were any doubt for when the Federal Open Market Committee (FOMC) would be done with their interest rate hiking cycle, those doubts were blown away last Wednesday when the Fed not only maintained its pivotal policy rate unchanged, but also projected a reduction of 75 basis points in 2024. Fed Chairman Jerome P...
2023-12-16
TSLA
Without a doubt, Tesla (NASDAQ: TSLA) has been one of the best investments in the past decade. As of this writing, shares have soared 2,330% since December 2013. This top automotive stock is now the ninth most valuable company in the world. And it has done this by spearheading the EV (electric vehicle) industry, while ...
2023-12-16
TSLA
By Carolina Mandl NEW YORK, Dec 15 (Reuters) - A number of U.S. equities hedge funds focused on technology are set to post double-digit returns this year, boosted by a powerful rally in the Nasdaq .IXIC and after being hard hit in 2022, according to performance numbers obtained by Reuters. San Francisco-based SoMa Equi...
2023-12-16
TSLA
Adds details; paragraphs 2,4,6,7 SHANGHAI, Dec 18 (Reuters) - Electric vehicle maker Nio 9866.HK has signed a pact for an investment of $2.2 billion from CYVN Holdings, an investment vehicle based in Abu Dhabi, the Chinese company said on Monday. The investment comes as Nio, with its EV sales and profitability under pr...
2023-12-16
TSLA
Adds U.S. targets, EV auto sales in the U.S. in the last three paragraphs Dec 17 (Reuters) - Canada expects to announce this week that all new cars will have to be zero emissions by 2035, a senior government source said, as Ottawa is set to unveil new regulations in the latest example of countries around the world push...
2023-12-16
TSLA
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 intermediate-term relative performance. ...
2023-12-16
TSLA
In this week's video, I cover need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of Dec. 11. Today's video will focus on Tesla's sales numbers in China and Europe, Tesla's humanoid robot, some announcements that might impact the company in 2024, and a look at Tesla stock from a technical analysis s...
2023-12-16
TSLA
Over the past decade, Ark Investment Management has established its niche on Wall Street by making sizable investments in disruptive and groundbreaking technologies. These include genomic research, robotics, artificial intelligence (AI), autonomous driving, and more. Ark is helmed by founder Cathie Wood, who grabbed th...
2023-12-16
TSLA
Recasts, adds details on Nissan exports plan in paragraphs 1-4 BEIJING, Dec 17 (Reuters) - Nissan Motor 7201.T said on Sunday it would sell China-developed electric vehicles (EVs) globally as it struck a deal with the country's top university to leverage local resources to accelerate research and development on electri...
2023-12-15
TSLA
By Francesca Landini ROME, Dec 16 (Reuters) - Oil and gas should not be demonised in the medium-term, Elon Musk, the founder of electric car maker Tesla TSLA.O, said on Saturday, but he also said it was important to reduce carbon emissions to preserve the planet. Musk, speaking at a right-wing political gathering organ...
2023-12-15
TSLA
In June 2021, shortly after its mega listing, Lucid Motors (LCID) CEO Peter Rawlinson said in an interview that the company was looking to make the electric vehicle (EV) industry into a “two-horse race” – with Tesla (TSLA), of course, being the other horse in the race. Cut to 2023, and Lucid is looking to produce only ...
2023-12-15
TSLA
Fool.com contributor Parkev Tatevosian highlights the phenomenal year Tesla's (NASDAQ: TSLA) stock price had in 2023. Also, he includes a discussion of Tesla's longer-term prospects and answers if investors should buy the EV stock for 2024. *Stock prices used were the afternoon prices of Dec. 13, 2023. The video was pu...
2023-12-14
TSLA
Tesla (NASDAQ: TSLA) stock has crushed the market so far this year. However, it's still down over 40% from its all-time high during a time when many other mega-cap growth stocks, like Microsoft, Apple, and Nvidia, are making new all-time highs. Tesla has what it takes to continue its hot streak going into 2024. But it ...
2023-12-14
TSLA
Say you had invested $10,000 in each of the SPDR select sector ETFs on Jan. 1, 2023. There are 11 such ETFs, and they focus on different industries, such as consumer staples, energy, financials, health care, industrials, and technology. Which one performed the best? Well, here's a chart showing their year-to-date perfo...
2023-12-14
TSLA
In this video, Fool.com contributor Parkev Tatevosian discusses the implications of two big news items that impact Tesla (NASDAQ: TSLA) stock investors. *Stock prices used were the afternoon prices of Dec. 13, 2023. The video was published on Dec. 15, 2023. Where to invest $1,000 right now When our analyst team has a s...
2023-12-14
TSLA
When executives, directors, and major shareholders buy company shares, it's often considered a bullish sign. As per Peter Lynch, while company insiders might sell their shares for any number of reasons, they tend to buy stock for only one reason - because they think the share price is going higher. Publicly available ...
2023-12-14
TSLA
The NASDAQ 100 Pre-Market Indicator is up 46.86 to 16,584.69. The total Pre-Market volume is currently 58,117,891 shares traded. The following are the most active stocks for the pre-market session: Gaotu Techedu Inc. (GOTU) is +0.51 at $5.28, with 3,501,743 shares traded. GOTU's current last sale is 229.57% of the ta...
2023-12-14
TSLA
For Immediate Release Chicago, IL – December 15, 2023 – Today, Zacks Investment Ideas feature highlights Tesla TSLA, Apple AAPL and Rivian RIVN. Why Tesla's Cheap (2024 Outlook) An Up and Down Year for Tesla Tesla is the undisputed market leader in battery-powered electric car sales in the United States, enjoying rough...
2023-12-14
TSLA
InvestorPlace - Stock Market News, Stock Advice & Trading Tips There is no denying that the Electric Vehicle industry is cooling. EV makers have reduced their capital allocation toward EV production and set a lower target for the first half of 2024. This could be due to the high interest rate environment and lower cons...
2023-12-14
TSLA
In the current investment landscape, the focus has shifted from the FANG stocks, and a new set of influential stocks, known as the Magnificent Seven Stocks, has emerged. These stocks include Alphabet GOOGL, Apple AAPL, Amazon AMZN, Meta Platforms META, Microsoft MSFT, Nvidia NVDA and Tesla TSLA. These companies are con...
2023-12-14
TSLA
Tesla TSLA is recalling more than 2 million vehicles after the U.S. safety regulator cited safety concerns. Per the US safety regulator, the autopilot features are either too confusing for the drivers or too easy to misuse. Per the National Highway Traffic Safety Administration (“NHTSA”) filings, the automaker did no...
2023-12-14
TSLA
By Caroline Valetkevitch and Noel Randewich NEW YORK, Dec 14 (Reuters) - U.S. stocks ended firmer on Thursday, with the Dow Jones Industrial Average notching its second straight record high close, lifted by optimism that borrowing rates will decrease next year following a dovish pivot by the Federal Reserve. Apple AAPL...
2023-12-14
TSLA
Adds background in paragraphs 3-4 BERLIN, Dec 15 (Reuters) - Chinese EV startup Nio's 9866.HK affordable Firefly brand will launch in Europe in 2024, a year earlier than previously disclosed, with a second cheaper brand possibly launching after 2025, president Lihong Qin said in a press conference on Friday. Both brand...
2023-12-14
TSLA
Corrects headline and paragraph 1 to show Firefly brand launching in Europe in 2025 (not 2024), removes reference in paragraphs 1-2 to Alps brand coming to Europe BERLIN, Dec 15 (Reuters) - Chinese electric vehicle (EV) maker Nio 9866.HK will launch its cheaper Firefly brand in Europe in 2025, its president said on Fri...
2023-12-14
TSLA
The magnificent seven cohort of mega-cap growth stocks have loomed large for investors. They drove a significant portion of the impressive returns notched by broad market indexes. Big gains by Apple, Alphabet (Google), Meta Platforms, Amazon.com, Nvidia, Microsoft, and Tesla are prompting market participants to wonder...
2023-12-14
TSLA
With 2023 drawing to a close, the time has come once again to take a longer look at what next year might bring. As part of VettaFi’s 2024 Market Outlook Symposium, Vettafi Vice Chairman Robert Huebscher sat down with Professor Jeremy Siegel to discuss. Siegel, Russell E. Palmer Professor Emeritus of Finance at the Whar...
2023-12-14
TSLA
The Ark Innovation ETF (NYSEMKT: ARKK) managed by Cathie Wood is one of the most closely followed actively managed funds in the world. Wood rose to prominence in 2020 when all six of Ark Invest's active exchange-traded funds (ETFs) saw their prices soar more than 100%. The flagship Ark Innovation ETF climbed 148.7% tha...
2023-12-14
TSLA
By Caroline Valetkevitch and Noel Randewich NEW YORK, Dec 14 (Reuters) - The S&P 500 closed higher on Thursday on optimism that borrowing rates will decrease next year following a dovish pivot by the Federal Reserve. Trading was mixed for much of the session, with Apple AAPL.O giving up gains after hitting an intraday ...
2023-12-14
TSLA
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 3.2 million contracts has been traded thus far today, a contract volume which is representative of approximately 318.3 million underlying shares (given ...
2023-12-14
TSLA
Updates with details in paragraphs 4-9 AMSTERDAM, Dec 15 (Reuters) - The Dutch vehicle authority RDW said on Friday it does not currently plan a Tesla TSLA.O recall in Europe following a major U.S. recall this week of the carmakers' models due to concerns about their Autopilot driver assistance systems. The Netherlands...
2023-12-13
TSLA
An Up and Down Year for Tesla Tesla (TSLA) is the undisputed market leader in battery-powered electric car sales in the United States, enjoying roughly a 70% market share. Over the years, Tesla has shifted from developing niche products for affluent buyers to more affordable EVs for the masses. The firm’s three-pronged...
2023-12-13
TSLA
Fool.com contributor Parkev Tatevosian discusses his Tesla Cybertruck predictions for 2024. Tesla (NASDAQ: TSLA) stock investors might be surprised at what he has to say. *Stock prices used were the afternoon prices of Dec. 11, 2023. The video was published on Dec. 13, 2023. Where to invest $1,000 right now When our an...
2023-12-13
TSLA
(New throughout, adds judge's tentative ruling) By Chris Prentice and Jody Godoy Dec 14 (Reuters) - A federal judge in San Francisco on Thursday tentatively ruled that billionaire Elon Musk must testify again for the U.S. Securities and Exchange Commission's investigation of his $44 billion takeover of Twitter. During ...
2023-12-13
TSLA
Shares of ChargePoint Holdings (NYSE: CHPT), the world's largest independent charging network for electric vehicles (EVs), were rallying today in response to the Federal Reserve's interest rate announcement yesterday, trending with other beaten-down stocks that stand to benefit from lower interest rates and the jolt th...
2023-12-13
TSLA
The NASDAQ 100 Pre-Market Indicator is up 64.79 to 16,627.16. The total Pre-Market volume is currently 59,223,924 shares traded. The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is -0.16 at $14.18, with 3,427,135 shares traded., following a 52-week high recorded...
2023-12-13
TSLA
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Ark Invest’s Cathie Wood is fresh off a must-needed year of relief, with her flagship Ark Innovation ETF (NYSEARCA:ARKK) soaring more than 70% year-to-date. Indeed, Cathie Wood stocks still have a long way to go if they’re to see new highs again. Though new...
2023-12-13
TSLA
Adds quote from letter, detail and background in paras 2-7 STOCKHOLM, Dec 14 (Reuters) - A group of Nordic institutional investors said in a letter to Tesla TSLA.O on Thursday they were deeply concerned by the conflict between the company and labour unions in Sweden, and asked it to reconsider its approach to collectiv...
2023-12-13
TSLA
When it comes to electric vehicles (EVs), most investors probably think of car companies such as Tesla and Rivian, and for good reason. EVs are becoming more popular across the globe. But what if EVs weren't limited to the road? There are actually a number of companies investing heavily in electric air taxis, such as t...
2023-12-13
TSLA
With a trailing-10-year return of 2,420%, Tesla (NASDAQ: TSLA) has been an outstanding stock for investors to own. A relatively small $1,000 investment in December 2013 would be worth a whopping $25,000 today. Right now, the stock sits 42% below its all-time high in November 2021. Opportunity-seeking investors might wa...
2023-12-13
TSLA
Technology has turned out to be the most profitable sector in 2023, driven by the artificial intelligence (AI) boom, easing inflation, a surge in “Magnificent Seven” stocks and a crypto rally. Additionally, bets that the Fed’s aggressive interest rate hiking campaign might be nearing an end powered the rally in the sec...
2023-12-13
TSLA
By Shristi Achar A and Johann M Cherian Dec 14 (Reuters) - U.S. stock index futures gained on Thursday, a day after the Federal Reserve hinted an end to its recent aggressive rate hikes and signaled that borrowing costs would be lower next year. The Fed left interest rates unchanged on Wednesday, as expected, with Chai...
2023-12-13
TSLA
It's been another wonderful year for Tesla (NASDAQ: TSLA) investors, with shares up almost double through early December. In this video, Motley Fool contributors Jason Hall and Jeff Santoro break down two other stocks up a lot this year they're ready to buy before Tesla. Stocks discussed include Trex (NYSE: TREX) and M...
2023-12-13
TSLA
Consumer stocks advanced late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) climbing 1.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1%. In corporate news, PGT Innovations' (PGTI) board turned down an all-cash bid of $38 per share from Miter Brands, Reuters reporte...
2023-12-13
TSLA
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The list of companies that have stopped advertising on platform X (formerly known as Twitter) because Elon Musk endorsed an antisemitic post continues to grow. It’s become so long that you could construct an excellent portfolio from all the names abandoning...
2023-12-13
TSLA
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.22%, S&P 0.29%, Nasdaq 0.41% Dec 14 (Reuters) - U.S. stock index futures gained on Thursday, a day after the Federal Reserve hinted an end to its recent aggressive rate hikes and signaled that b...
2023-12-13
TSLA
By Chris Prentice Dec 14 (Reuters) - The U.S. Securities and Exchange Commission will face off with lawyers for Elon Musk in a San Francisco court on Thursday as it tries to force the billionaire to testify again for its probe of his $44 billion takeover of Twitter. The SEC sued Musk in October to compel him to testify...
2023-12-13
TSLA
By Joseph White DETROIT, Dec 14 (Reuters) - General Motors GM.N CEO Mary Barra has made many bold moves during a decade on the job to lift the automaker's share price: jettisoning money-losing operations in Europe, promising to outsell Tesla TSLA.O in the electric-vehicle market and betting billions on developing a pro...
2023-12-13
TSLA
PARIS, Dec 14 (Reuters) - About 60 electric car (EV) models are eligible for France's revamped incentive scheme that is set to favour cars made in Europe, according to a list issued by the country's Ministry of Ecological Transition on Thursday. Among the models eligible for the scheme, the list mentions Tesla TSLA.O Y...
2023-12-13
TSLA
Few investors get as much attention as Cathie Wood, and it's easy to see why. Wood's 2018 call that Tesla (NASDAQ: TSLA) would hit a pre-split price of $4,000 per share in the next five years seemed outlandish at the time, but it turned out to be true in 2021, the year after Wood's flagship fund Ark Innovation ETF (NYS...
2023-12-13
TSLA
Rivian (NASDAQ: RIVN) was the first company to launch an electric pickup truck, but that space is quickly becoming more crowded. With the Ford F-150 Lightning and now the Tesla Cybertruck available, Rivian isn't the only kid on the block. Still, it's an exciting investment because it's a young and growing company with ...
2023-12-13
TSLA
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cathie Wood, the CEO of Ark Invest, is one of the most prominent investors in the innovation space. While her performance has varied widely over the years, I expect it to only improve when interest rates begin to pull back in the new year. That being said, ...
2023-12-13
TSLA
The biggest market story of the year is the outsized role of the Magnificent Seven stocks in the market rally. Apple AAPL, Microsoft MSFT, Alphabet GOOGL, Amazon AMZN, NVIDIA NVDA, Meta Platforms META and Tesla TSLA now account for almost 29% of the S&P 500. The tech-heavy Nasdaq 100 index had to undergo a special reba...
2023-12-12
TSLA
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 fundamentals and strong price performance. TESLA I...
2023-12-12
TSLA
The NASDAQ 100 Pre-Market Indicator is up 40.53 to 16,394.78. The total Pre-Market volume is currently 47,727,789 shares traded. The following are the most active stocks for the pre-market session: Shattuck Labs, Inc. (STTK) is +2.2 at $4.31, with 11,885,590 shares traded. As reported in the last short interest updat...
2023-12-12
TSLA
By Shristi Achar A and Johann M Cherian Dec 13 (Reuters) - U.S. stocks were poised for a higher open on Wednesday as fresh data signaled signs of cooling inflation ahead of the Federal Reserve's final policy decision of the year, where it is widely expected to leave interest rates unchanged. The Labor Department's repo...
2023-12-12
TSLA
Consumer stocks were muted but leaning higher pre-bell Wednesday. The Consumer Staples Select Sector SPDR Fund (XLP) was 0.1% higher, while the Consumer Discretionary Select Sector SPDR Fund (XLY) was up 0.1%. In company news, Tesla (TSLA) slipped 0.9%, a day after saying that its Model 3 Rear-Wheel Drive and Long Rang...
2023-12-12
TSLA
(RTTNews) - Tesla Inc. is recalling more than 2 million vehicles in the United States to fix safety issues in its Autopilot advanced driver-assistance system. The recall, by the luxury car maker founded and headed by billionaire Elon Musk, involves four different Tesla models made between 2012 and 2023. The recall repo...
2023-12-12
TSLA
Dec 13 (Reuters) - Tesla will recall 193,000 vehicles in Canada to address concerns about safeguards for its driver assistance system Autopilot after announcing a recall of 2.03 million vehicles for the issue in the United States, Transport Canada said Wednesday. Tesla said in a filing with U.S. regulators that it was ...
2023-12-12
TSLA
By Shristi Achar A and Johann M Cherian Dec 13 (Reuters) - The benchmark S&P 500 and the Nasdaq gained on Wednesday as fresh data indicated inflation pressures were easing ahead of the Federal Reserve's final policy decision of the year, where it is widely expected to leave interest rates unchanged. The Labor Departmen...
2023-12-12
TSLA
The "Magnificent Seven," a select group of the world's largest technology companies, has been the story of Wall Street this year. These stocks have seen gains of between 50% and 219% since in 2023. Such gains aren't typical for stocks, especially those that are already among the largest market cap companies on the plan...
2023-12-12
TSLA
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Pfizer at 10-yr low after bleak 2024 revenue forecast Tesla down, to lose consumer tax credits on some models US Nov PPI softer than expected Fed monetary policy verdict due at 2:00 p.m. ET Indexes up: Dow 0.05%,...
2023-12-12
TSLA
Tesla (NASDAQ: TSLA) stock has served investors well in 2023. The electric-car maker's shares have soared more than 90% year to date. Indeed, the growth stock's performance has been so staggering that investors are now regularly referencing the stock's membership in the elite club called the "Magnificent Seven." The gr...
2023-12-12
TSLA
Quickly rising to become the most valuable automaker, Tesla's (NASDAQ: TSLA) journey has been nothing short of historic. Since making its public debut 14 years ago, Tesla's remarkable success has made it synonymous with the electric vehicle (EV) industry, paving the way for a more sustainable future. While the company'...
2023-12-12
TSLA
Although EVs may represent the future of mobility and transportation, the intense competition in the space clouds the investment narrative of alternative providers like Stellantis (NYSE:STLA). While the automotive company might be arriving a bit late to the party, it commands brand leverage that could tilt the odds in ...
2023-12-12
TSLA
Tesla (TSLA) closed the most recent trading day at $237.01, moving -1.14% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.46%. On the other hand, the Dow registered a gain of 0.48%, and the technology-centric Nasdaq increased by 0.7%. Prior to today's trading, shares ...
2023-12-12
TSLA
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Battery stocks present somewhat overlooked opportunities amid the world’s transition to clean energy sources. While some of these companies are marquee brands, others don’t receive the attention they deserve, as battery stocks are part of a complex ecosyste...
2023-12-12
TSLA
By Kylie Madry MEXICO CITY, Dec 12 (Reuters) - Electric automaker Tesla has received land-use permits from Mexico's federal environment ministry to build a planned "gigafactory" in the northern border state of Nuevo Leon, the state government announced on Tuesday. The state government on Tuesday said the land designate...
2023-12-12
TSLA
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Pfizer down after bleak 2024 revenue forecast Tesla slips after losing consumer tax credits for some vehicles US Nov. PPI awaited at 8:30 a.m. ET Fed monetary policy verdict due at 2:00 p.m. ET Futures up: Dow 0....
2023-12-12
TSLA
Adds details on the control issue in paragraph 2 Dec 13 (Reuters) - Tesla TSLA.O will roll out an over-the-air update to 2.03 million vehicles to fix an autopilot control issue, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday. In situations when Autosteer is engaged and the driver does not ...
2023-12-12
TSLA
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.10%, S&P 0.10%, Nasdaq 0.13% Dec 13 (Reuters) - U.S. stock index futures edged higher on Wednesday, with the spotlight squarely on the year's final monetary policy meeting where the Federal Rese...
2023-12-12
TSLA
Warren Buffett is known for picking the right stocks, and his choices have produced billions of dollars in returns and double-digit percentage gains over time. As chairman of Berkshire Hathaway, Buffett has delivered compound annual growth of more than 19% over 57 years. That's compared to 9.9% for the S&P 500. So, it'...
2023-12-12
TSLA
In the current investment landscape, the focus has shifted from the FANG stocks, and a new set of influential stocks, known as the Magnificent Seven Stocks, has emerged. These stocks include Alphabet GOOGL, Apple (AAPL), Amazon AMZN, Meta Platforms META, Microsoft MSFT, Nvidia NVDA and Tesla TSLA. These companies are c...
2023-12-11
TSLA
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The electric vehicle (EV) industry saw price drops amid changes, but the recent demand dip is expected to be temporary. With critical mass achieved, a steep demand increase is imminent. This makes it a prime time to invest in solid-state battery stocks. The...
2023-12-11
TSLA
The Vanguard Russell 3000 ETF is seeing unusually high volume in afternoon trading Tuesday, with over 152,000 shares traded versus three month average volume of about 34,000. Shares of VTHR were up about 0.2% on the day. Components of that ETF with the highest volume on Tuesday were Advanced Micro Devices, trading up a...
2023-12-11
TSLA
By Shristi Achar A and Johann M Cherian Dec 12 (Reuters) - Wall Street's main indexes edged higher on Tuesday, following inflation data that kept expectations of a rate cut in May intact, while investors awaited the Federal Reserve's policy decision later in the week. November Consumer Price Index (CPI) rose 3.1% on an...
2023-12-11
TSLA
In this podcast, Motley Fool analyst Bill Barker and host Deidre Woollard discuss: If we are already in a Santa Claus rally. The challenges facing big automakers. If cybersecurity's challenges will fade. Motley Fool host Mary Long and analyst David Meier discuss the "second acts" of BlackBerry and Garmin, and take a lo...
2023-12-11
TSLA
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors know that the current expectations project rate cuts as early as March. The news is a major positive for the economy overall and suggests that we have avoided a recession. It affects stocks, including everything from value to growth to meme stocks...
2023-12-11
TSLA
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Joby Aviation’s (NYSE:JOBY) flying taxis have achieved FAA certification for testing, and the company is now targeting commercial flights by 2025. As a top electric vertical takeoff and landing (eVTOL) aircraft maker, JOBY stock has seen its share of volati...
2023-12-11
TSLA
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shortly before he died last month, Charlie Munger told CNBC, “My game in life was always to avoid all standard ways of failing […] I’ve avoided a lot because I’m so cautious.” Caution drove much of his investment strategy, which informed his personal stakes...
2023-12-11
TSLA
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 fundamentals and strong price performance. TESLA I...
2023-12-11
TSLA
Dec 11 (Reuters) - U.S. automaker Tesla Inc TSLA.O on Monday said it has a "moral obligation" to continue improving its Autopilot driver assistant system and make it available to more consumers based on data that showed stronger safety metrics when it was engaged. In response to a Washington Post investigation of serio...
2023-12-11
TSLA
By David Shepardson Dec 11 (Reuters) - The United Auto Workers union said Monday it filed unfair labor practice charges against Honda Motor 7267.T, Hyundai Motor 005380.KS and Volkswagen VOWG_p.DE, citing aggressive anti-union campaigns to deter workers from organizing. The union's filings with the National Labor Relat...
2023-12-11
TSLA
By Heekyong Yang SEOUL, Dec 12 (Reuters) - Under pressure from clients eager to diversify away from China, South Korean makers of automotive batteries have pledged to develop a more affordable type of battery chemistry favoured by their Chinese rivals. But LG Energy Solution (LGES) 373220.KS, SK On and Samsung SDI 0064...
2023-12-11
TSLA
By Shristi Achar A and Johann M Cherian Dec 11 (Reuters) - Wall Street was set for a subdued open on Monday in the run-up to an action-packed week that includes the Federal Reserve'spolicy meeting and inflation data, both of which will test investor optimism about interest rates being cut next year. The upbeat sentimen...
2023-12-11
TSLA
We are now approaching the end of 2023, and while the S&P 500 Index ($SPX) briefly entered into a correction in October, it has not only rebounded from those levels but also hit new 2023 highs recently. Specifically, growth stocks - which bore the brunt of the market crash in 2022 - have shown strength this year. As ba...
2023-12-11
TSLA
The “Magnificent Seven” or “Mag 7” stocks refer to a select group of high-performing companies known for their market dominance and robust financial health. These companies are often leaders in their respective industries, with strong brand recognition, substantial market capitalization, and consistent revenue growth. ...
2023-12-11
TSLA
With a trailing-10-year return of 2,560%, it goes without saying that Tesla (NASDAQ: TSLA) has been one of the best investments anyone could've made. Even this year, shares are up a whopping 98%, crushing the broader market by a wide margin. This electric vehicle (EV) stock currently trades 41% below its peak price of ...
2023-12-11
TSLA
Rivian Automotive (NASDAQ: RIVN) stock has been all over the place in the last year -- as low as $11.68 per share and as high as $29.27 per share. However, Rivian currently finds itself closer to the lower end of that range and down over 5% year to date. Rivian needs to slow down its cash burn, continue its production ...
2023-12-11
TSLA
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures down: Dow 0.04%, S&P 0.09%, Nasdaq 0.18% Dec 11 (Reuters) - U.S. stock index futures were muted on Monday in the run-up to an action-packed week that includes the Federal Reserve's interest rate meeting a...
2023-12-11
TSLA
By Joseph White DETROIT, Dec 11 (Reuters) - This was the year the auto industry's race toward an all-electric future took a detour. Heading into 2023, automakers were gearing up to invest $1.2 trillion by 2030 to move electric vehicles from niche products to mass-market models - many with batteries and software develop...