Boeing CEO Dave Calhoun is convinced Boeing doesn’t need to develop a new plane this decade. If that hurts market share, he can just cut prices. Call it a Tesla-like strategy for managing aircraft demand. The plan to lean on the existing family of aircraft for years to come might work. And it might be… Read More »
Boeing CEO Dave Calhoun is convinced Boeing doesn’t need to develop a new plane this decade. If that hurts market share, he can just cut prices. Call it a Tesla-like strategy for managing aircraft demand. The plan to lean on the existing family of aircraft for years to come might work. And it might be… Read More »
Cathie Wood says Tesla is “the most obvious beneficiary of the recent breakthroughs in AI.” Adrienne Grunwald Text size ARK Invest’s Cathie Wood is an AI believer. Nvidia is just too expensive. Her best AI idea: Tesla . Nvidia (ticker: NVDA) has had an incredible recent run. Shares are up 26% over the past five… Read More »
Beijing Says Musk Opposes Decoupling of U.S., China Follow Us on Google News
Text size Canada Pension Plan’s manager scooped up Apple stock in the first quarter. Punit Paranjpe/AFP via Getty Images Canada’s largest public pension was more upbeat on iPhones than electric vehicles in the first few months of 2023. Canada Pension Plan scooped up Apple stock (ticker: AAPL), and slashed positions in EV makers Tesla (TSLA),… Read More »
Text size These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from May 18 through May 24,… Read More »
Text size Rivian stock still has a tall mountain to climb. Courtesy of Rivian Rivian Automotive has hit a rough patch. Ramping up its electric-vehicle production has proven challenging, and its shares are down this year. Wall Street isn’t giving up on the stock, though, and vertical integration is one reason for that. Vertical integration… Read More »
Text size A Nikola Tre battery-electric heavy duty truck Andreas Gebert/Bloomberg Stock in electric-vehicle/fuel-cell start-up Nikola hit a new 52-week low on Thursday. There are reasons why. For starters, Nikola (ticker: NKLA) received a delisting notice from the Nasdaq stock exchange, as the stock has traded below $1 for 30 consecutive days, which violates exchange… Read More »
Text size Can Nvidia’s incredible stock performance take some eyeballs, and investment dollars, away from EV leader Tesla? William West/AFP/Getty Images Well, that was a surprise. Nvidia (ticker: NVDA) blew away current quarter sales guidance off the strength of its artificial intelligence-related business. The stock is on pace for a truly epic gain. For Tesla… Read More »
Text size XPeng sales are trending lower. That has investors concerned. Getty Images Chinese EV maker XPeng first quarter sales fell short of Wall Street estimates. Shares are falling in early trading. Demand is an issue for the company. XPeng’s second quarter outlook isn’t great either. XPeng (ticker: XPEV), Wednesday morning, reported an adjusted per… Read More »
Text size Wall Street continues to monitor progress on negotiations to raise the U.S. debt ceiling. (NYSE) Stock futures fell Wednesday, extending losses from the previous session, after negotiators made little progress in talks to raise the U.S. debt ceiling. These stocks were poised to make moves Wednesday: Intuit (INTU), the company that owns TurboTax,… Read More »
Text size Tesla stock has posted daily gains since May 16. Joel Saget/AFP via Getty Images Tesla investors are given to bouts of euphoria and anguish, but they are feeling good these days. Tesla stock (ticker: TSLA) was up again Tuesday, putting it on pace for its sixth consecutive rise. Shares have risen about 15%… Read More »
Text size Lordstown Motors has produced 56 Endurance pickup trucks to date. Courtesy Lordstown Motors Shares of electric-vehicle start-up Lordstown Motors were plummeting in early trading after the company announced a 1-for-15 reverse stock split on Tuesday. Shares are down 9.3% to 27 cents, while S&P 500 and Nasdaq Composite futures are both down about… Read More »
Ford Stock Has an Uphill Climb Follow Us on Google News
Text size Tesla stock is rising for a fifth consecutive day. What gives? Justin Sullivan/Getty Images Tesla stock is up again. Pinning down the reason why isn’t easy, but Ford Motor might be the cause. Shares of the global electric-vehicle leader are up more than 3%, at $185.50, in midday trading Monday, on pace for… Read More »
Text size Beijing banned Chinese companies from buying chip from Micron Technology. Photograph by Tomohiro Ohsumi/Bloomberg Stock futures traded flat Monday with time running out on the White House and House Republicans to reach an agreement to raise the U.S. debt ceiling. These stocks were poised to make moves Monday: Micron Technology (MU) declined 5.8% in… Read More »
Listen to article (1 minute) Hyundai Motor was dreaming up an answer to Tesla when the company’s top executive sent its lead designer a photo of a bizarre-looking car that last rolled off assembly lines more than 70 years ago. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Follow Us on Google News
Exxon Joins Hunt for Lithium in Bet on EV Boom Follow Us on Google News
Text size Calpers cut positions in Apple and Intel stock, and sold shares of Chinese electric-vehicle makers NIO and Li Auto. Getty Images The largest public pension in the U.S. recently lowered positions in outperforming stocks in its portfolio. The California Public Employees’ Retirement System sold shares of iPhone maker Apple (ticker: AAPL), chip giant… Read More »
Text size Tesla stock is up about $12 since Elon Musk tweeted that he found a CEO for his social media platform. Chris Delmas/AFP/Getty Images Investors waiting for Tesla ‘s Twitter overhang to lift don’t have to wait anymore. It is gone. Investors can feel relieved they got their CEO back. Now they can start… Read More »
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BYD’s Growth Is Unrelenting. It’s Catching Up to Tesla. Follow Us on Google News
Lordstown Motors Says Foxconn Tries to Back Out of Investment Follow Us on Google News
Investors were hoping for solid delivery numbers for the month from Tesla’s EV peers. Qilai Shen/Bloomberg A new month brings new electric-vehicle delivery data for investors to digest. After the month Tesla stock just had, investors are hoping for solid numbers from EV peers. Follow Us on Google News
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit May 1, 2023 12:30 am ET Order Reprints Print Article A new month brings new electric vehicle delivery data for investors to digest. After the month Tesla stock just had, investors are hoping… Read More »