The electric vehicle industry is facing a storm, and Tesla is right in the eye of it. The company's CEO has been busy with a government project, which has not gone down well with many of Tesla's original fans. These fans are largely Democrats, and they are not happy with the CEO's political leanings. This has led to a drop in sales, especially in places like Calif...
Tesla's stock has been on a downward spiral, with shares dropping 7% in a single day. This decline is part of a larger trend, with the stock now 53% below its peak from mid-December. The company is facing a mix of new and ongoing challenges that are contributing to this slide. One of the new issues is competition from China. BYD, a Chinese firm, has introduced a new...
Tesla's stock has been on a wild ride this year, and investors are pointing to Elon Musk's political activities as a major cause for concern. A recent poll found that a whopping 85% of investors think Musk's political stances are hurting the company's core business. The poll was conducted by a financial expert and sent out to a select group of investors. This is a...
Elon Musk is a busy man. He is the CEO of several companies, including Tesla and SpaceX. He is also involved in government work. But on Monday, he faced a big challenge. Tesla's stock price dropped by 15%. This caused Musk's net worth to fall by $29 billion in just one day. That's a lot of money to lose in a single day. Musk's net worth dropped by 6. 7% on Mond...
Tesla's stock has taken a nosedive. It's now lower than it was before the November elections. This drop wiped out a 91% gain that happened after President Trump's victory. Tesla, led by CEO Elon Musk, is now at the center of a broader market slide. The stock plunged about 8% to $241 by mid-morning. This is the lowest it's been since November 4th, the day before the ...
Tech companies are jumping into the health game. Apple is launching a new study to see how technology can boost our well-being. This isn't just about fitness trackers; it's about using tech to improve both our physical and mental health. Imagine your phone helping you manage stress or suggesting healthy habits. Pretty cool, right? But let's not forget, tech can be a ...
Tesla is seeing a surge in vehicle insurance registrations in China, which is a good sign for demand in this key electric vehicle (EV) market. The company's registrations jumped 17% last week, making it one of the best weeks ever for Tesla. This comes as China's demand for Tesla vehicles continues to recover. But it's not just about China. Tesla's stock is also gett...
Imagine a world where your car can drive itself, and you’re not just buying it for the ride. That's the future many investors see for Tesla, even if its electric vehicle (EV) business isn't exactly a smooth drive. Analysts at Stifel just bumped up their price target for Tesla by a whopping 43%, hitting $411. This is the highest target out of the 45 Wall Street analy...
Tesla's Optimus robot has faced skepticism, but Wall Street analysts are starting to see its potential. John Murphy from Bank of America (BofA) recently increased Tesla's stock price target to $400, recognizing Optimus as a real and promising project. Currently, Optimus helps sort Tesla's 4680 cells without human intervention. The company is experimenting with differ...
ARK Invest's CEO, Cathie Wood, is confident that the next U. S. president will be friendly to tech innovation, regardless of whether it's Trump or Harris. She sees a coming boom due to reduced regulations, a view shared by both candidates, according to Wood. The firm's ARK Innovation ETF (ARKK) is up 22% over the past three months, despite a disappointing year so far...