After weeks of spiking share prices in a blank checking company rumored to be targeting the takeover of electric vehicle company Lucid Motors, the two sides officially announced a deal Monday afternoon …
Read More »Tesla’s bitcoin gambit already made $ 1 billion, more than 2020 earnings from car sales, analyst estimates
Much has been made of the considerable sum that Tesla Inc. has invested in bitcoin, a speculative asset that has only been around since 2009. Read: Why did Tesla buy bitcoins? However, …
Read More »Tesla Inc. shares underperform Friday compared to competitors
Tesla Inc. TSLA shares, -0.77% It lost 0.77% to $ 781.30 on Friday, in what turned out to be a positive trading session for the stock market, with the NASDAQ COMP Composite …
Read More »How Tesla got to the winner’s circle
Tesla Inc.’s stock market crash has made it one of America’s most valuable companies. But in some key ways, the electric car maker is very different from other companies of its size. …
Read More »22 additional dividend stocks Warren Buffett could consider buying
A Warren Buffett vote of confidence in a particular stock doesn’t mean you should jump on the bandwagon, but the Berkshire Hathaway CEO’s long-term track record speaks for itself. The man knows …
Read More »Fisker and QuantumScape Join Morgan Stanley’s Buy List
In another sign that Wall Street is keeping its sights firmly on electric car makers and adjacent companies, Morgan Stanley began hedging shares in Fisker Inc. and several others. Fisker FSR shares, …
Read More »Elon Musk’s brother Kimbal just sold some Tesla stock. Did you just call a top?
Some experts at Tesla Inc. have had a busy couple of days this week, including an investor who is close to CEO Elon Musk and is once again showing a good moment …
Read More »Next stop for SPAC Electric Vehicle Mania: The Jetsons
Wall Street has found an even more fickle combination than blank check companies and EVs: blank check companies and Jetsons-style flying taxis. While there is some promise in the idea, investors should …
Read More »NIO Inc.ADR outperforms its competitors despite day’s losses
The NIO Inc. ADR NIO, -2.51% fell 2.51% to $ 61.26 on Wednesday, in what turned out to be a mixed trading session for the stock market, with the Dow Jones Industrial …
Read More »Stocks aren’t in a bubble, but here’s what they are, according to fund manager Cathie Wood
Despite all the attention given to the argument that the stock market is in a bubble, it is important to note that not everyone shares that view. Few fund managers have been …
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