Kimbal Musk, Elon’s younger brother, made more than $ 7 million trading shares of Tesla Inc., as he acquired shares through options and sold them on the same day at an average …
Read More »Here’s the $ 4.5 trillion ‘firepower’ that will drive stocks higher in April, says top strategist
A new month has gotten off to a bullish start, or so it seems, as equity futures rally after a better-than-expected gain of 916,000 jobs in March Friday, underpinning investors’ hopes of …
Read More »Tesla Stocks Improved By Wedbush After ‘Paradigm Shifter’ Delivery Numbers
Wedbush Securities has improved its outlook for Tesla Inc., following stronger-than-expected quarterly deliveries. On Sunday, Wedbush raised its price target for Tesla TSLA, -0.93%, to $ 1,000 per share from $ 950, …
Read More »Tesla must rehire fired worker and Elon Musk must remove anti-union tweet, NLRB rules
On Thursday, the National Labor Relations Board ordered Tesla Inc. to reinstate an employee it fired in 2017 and said Chief Executive Elon Musk must delete a three-year-old tweet urging not to …
Read More »Elon Musk: Tesla would be ‘shut down’ if its cars spied on China
Tesla isn’t looking at you any more than TikTok, or that’s what Elon Musk tried to assure China and other countries over the weekend. The Wall Street Journal reported on Friday that …
Read More »Lordstown Motors Charged With Shareholder Lawsuit Fraud
CLEVELAND – A shareholder lawsuit was filed on Thursday against a new electric truck company claiming it has defrauded investors by making false claims about the number of trucks pre-ordered and the …
Read More »Ford pulls out of promise to add new model at Ohio plant, union says
DETROIT – Ford Motor Co. withdrew from a contractual promise to invest $ 900 million in an assembly plant outside Cleveland for an unnamed product line that will instead be produced in …
Read More »Betting on the post-pandemic boom? Bank of America has 17 stock recommendations
Here’s a possible all-clear sign. COVID-19 is no longer a “tail risk” for investors, the first time since February 2020, Bank of America says in its latest survey of fund managers. A …
Read More »Billions were invested in electric vehicle companies, but much more will be needed before the auto industry changes.
Wall Street and Silicon Valley invested billions of dollars in electric vehicles and related companies in 2020, betting on their future dominance and, in many cases, driving valuations that have little bearing …
Read More »Tesla’s Giga Press catches fire in California factory
Firefighters responded to a small fire at the Tesla Inc. factory in Fremont, California, on Thursday afternoon. “Located on an area of the factory property that is under construction, the deep-seated fire …
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