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Can Tesla's Stock Maintain The Magic $1,000 Level?
Wednesday, June 17, 2020 - 5:00pm | 859Read More...Despite the skeptics, Tesla Inc (NASDAQ: TSLA) broke above the significant $1,000 price level for the first time in its history this month. The new high further accelerated the bullish optimism surrounding the company. Can Tesla stick the landing? “There continues to be a lot of...
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GM CEO Mary Barra On 'Tragic Year' For Detroit Automaker
Wednesday, June 17, 2020 - 3:24pm | 526Read More...This year is a "tragic" one for General Motors Company (NYSE: GM), but the company is days away from resuming some operations at the levels seen prior to the coronavirus, CEO Mary Barra said Wednesday on CNBC's "Squawk Box." Barra On GM's Production Rebound:...
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Nikola Skyrockets After IPO: What To Know About The EV Truck Manufacturer
Tuesday, June 9, 2020 - 11:43am | 704Read More...Nikola Corporation (NASDAQ: NKLA) made a dream Wall Street debut last week. Nikola's Strong Debut: Nikola, a manufacturer of battery-electric and hydrogen-electric vehicles, EV powertrains, energy storage systems and hydrogen fueling infrastructure, made its debut via an...
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Tesla Vs. Nio Vs. Xpeng: A Look At The Chinese Electric Vehicle Market
Tuesday, June 9, 2020 - 8:08am | 813Read More...This story is the second of a two-part look at China's electric vehicle market. Read part one here. Here's a look at Nio, a homegrown electric vehicle startup with ADSs listed in the U.S.; another domestic player, Xpeng, which is reportedly eyeing a U.S. listing; and Tesla...
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How China Became The World's Largest Electric Vehicle Market
Monday, June 8, 2020 - 3:38pm | 781Read More...This story is the first of a two-part look at China's electric vehicle market. As nations attempt to cut down on carbon footprints, electric vehicles are becoming a larger and large piece of the equation. For China, this mission is all the more important, as it has the dubious distinction...
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Detroit's Ally Financial Benefits From V-Shaped Auto Recovery, Says Morgan Stanley
Friday, June 5, 2020 - 12:51pm | 421Read More...Shares of Ally Financial Inc (NYSE: ALLY) have more than doubled in value since bottoming at $10.22 in March, but the stock "still has more room to run," according to Morgan Stanley. The Ally Financial Analyst Betsy Graseck maintains an Overweight rating on Ally Financial's stock with...
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Ford Exec Says $2.6B Autonomous Development Deal With Volkswagen Makes Dearborn 'Relevant In Changing World'
Tuesday, June 2, 2020 - 10:46am | 370Read More...Automaker Ford Motor Company (NYSE: F) and European rival Volkswagen have finalized a $2.6-billion joint investment in Argo AI to explore autonomous vehicle technologies in the U.S. and Europe, Ford Autonomous Vehicles CEO John Lawler said in a Medium post on Tuesday. What Happened Ford and...
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Nio Reports Mixed Q1 Results, Chinese EV Manufacturer Guides To Strong Q2
Thursday, May 28, 2020 - 7:47am | 605Read More...Nio Inc's – ADR (NYSE: NIO) first-quarter revenue missed estimates Thursday, but the bottom line exceeded expectations on cost control. The company has bounced back strongly off the COVID-19 pandemic and guided to a better second quarter than anticipated by the Street. Nio's Top...
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NYSE To Delist Bankrupt Hertz: Report
Tuesday, May 26, 2020 - 8:56am | 505Read More...The New York Stock Exchange initiated proceedings to delist Hertz Global Holdings Inc (NYSE: HTZ) on Tuesday following the car rental chain's bankruptcy filing, according to Reuters. Coronavirus Fuels Hertz Bankruptcy Filing Economic damage from the coronavirus ...
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Tesla To Launch Low-Cost 'Million Mile' Battery That Drastically Reduces Cost Of EVs: Report
Friday, May 15, 2020 - 12:04pm | 433Read More...Electric vehicle pioneer Tesla Inc (NASDAQ: TSLA) is going all out to make alternative energy vehicles more affordable for consumers. Tesla Working On New Battery The Elon Musk-led company is working on a new battery for its Model 3 vehicles in China that confers two...
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BofA Dissects Auto Stocks, Says Q1 Reports Mostly Better Than 'Low Expectations'
Thursday, May 14, 2020 - 4:42pm | 475Read More...The auto sector reported earnings, and the group as a whole reported "generally better" results against "low expectations," according to BofA Securities' John Murphy. The Auto Sector Recap The auto sector kicked off 2020 on a difficult note with extended COVID-19-...
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Tesla Negotiates $565M Loan In China Amid Factory Shutdowns, Shrinking Sales
Monday, May 11, 2020 - 9:56am | 458Read More...Tesla Inc (NASDAQ: TSLA) is yet again relying on debt to keep its operations going in China, with the electric vehicle manufacturer negotiating a loan facility, according to an 8-K filing with the SEC. About Tesla's Loan Tesla has entered into a working capital loan contract...
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Tesla Analysts Break Down Free Cash Flow, Fremont Shutdown, 2020 Expectations After Q1 Print
Thursday, April 30, 2020 - 12:57pm | 1153Read More...Despite the chaos in the world around Tesla Inc (NASDAQ: TSLA), the automaker reported a strong first quarter Wednesday, with sales of $5.985 billion exceeding a $5.9-billion Street forecast and a bottom line of $1.24 far surpassing expectations of a 36-cent loss. The performance was driven in part...
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3 ETFs For Tesla Earnings
Wednesday, April 29, 2020 - 9:15am | 682Read More...Electric vehicle producer Tesla (NASDAQ: TSLA) reports first-quarter results Wednesday after the close, and while those numbers are expected to be weak because of the coronavirus, analysts remain mostly enthusiastic about the company's long-term prospects. Wall Street is expecting Tesla to post...
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Tesla Q1 Earnings Preview: Analysts Convinced Of Long-Term Potential Ahead Of The Print
Tuesday, April 28, 2020 - 2:54pm | 790Read More...First-quarter expectations for Tesla Inc (NASDAQ: TSLA) are understandably muted, but the sell-side is sold on the long-term prospects for the EV maker. Tesla is scheduled to report its financial results Wednesday after the market close. The Tesla Analysts Morgan Stanley analyst Adam ...
















