Nio Narrowed Its Losses But Fell Short On Revenue And Guidance
Nio inc reported a narrower-than-expected third quarter loss but revenue was below estimates. Nio reported revenue of 19.1 billion chinese yuan, down 47% yoy. The company reported a loss of 2.67 yuan per share in the third quarter. Tesla inc (nasdaq:tsla) and other chinese automakers have started a price war.
Benzinga · 49m ago
TSLA Stock Today: This Reverse Butterfly In Options Trading Could Generate A $1,315 Net Gain
Forward News · 1h ago
Stocks Stall While Gold, Treasuries Rise; Oil Puts Pressure On Energy Stocks: What's Driving Markets Wednesday?
Large-cap stock indices hover around parity in early afternoon trading on wall street. Weaker-than-expected adp employment data hints at potential cooling in labor market conditions. Bitcoin crosses the $44,000 mark, pushing its market capitalization to $860 billion. Ishares 20+ year treasury bond index surges 1.4%, while oil prices fall below $70 per barrel.
Benzinga · 1h ago
Electric vehicle, boating and RV stocks could benefit as high-interest rate worries fade
Consumer electric vehicle, boating and rv stocks could benefit as high-interest rate worries fade. Electric vehicle stocks rallied on wednesday. Recreational vehicle and boating sectors also motored higher after better-than-feared numbers. Nio's spinoff of battery production unit is in the works.
Seeking Alpha · 3h ago
Tesla AI Praised By Elon Musk, Challenged By Ex-Employee's Autopilot Safety Concerns
Elon musk, ceo of tesla, says tesla has the best real-world ai. Lukasz krupski, a former tesla employee, says he is skeptical of the company's self-driving technology. Krupska leaked 100 gigabytes of confidential tesla data to a german newspaper.
Benzinga · 3h ago
Is the Tesla share price ridiculously expensive?
Tesla's share price is up 121% in 2023. The electric vehicle maker has attracted short-selling of us$22 billion. Tesla is valued at 10 times as much as rival ev brand byd. The company's valuation is considered to be 'ridiculously expensive' but the fundamentals are strong.
The Motley Fool · 3h ago
Tesla: The Cybertruck Changes Everything
Tesla's cybertruck has the potential to generate significant revenue and profits for the company. The truck could capture a significant portion of the pickup truck market, contributing $20-30 billion in annual sales. The ct's unconventional design and advanced features make it a standout in the truck market.
Seeking Alpha · 4h ago
PCAR vs. TSLA: Which Stock Should Value Investors Buy Now?
Paccar (pcar) and tesla (tsla) are two stocks in the automotive - domestic sector. Paccar has a zacks rank of #2 and tesla has a #5. Value investors may want to consider value stocks with strong zacks ranks and a style score value grade.
Forward News · 4h ago
Top stocks with highest hedge fund + mutual fund positions, according to GS
Hedge fund and mutual fund favorites typically outperform the least owned stocks. Goldman sachs says info tech is the best-performing sector in the third quarter. Hedge funds and mutual funds have boosted exposure to the equity market year-to-date. Top stocks with highest hedge fund + mutual fund positions.
Seeking Alpha · 4h ago
Investors Anticipate Six Rate Cuts In Europe, ADP Data Supports Goldilocks, Unit Labor Costs Fall
Adp data supports a goldilocks economy. Germany is the economic engine of europe. Consensus is building that the european central bank will cut rates six times in 2024. The momo crowd is aggressively buying stocks in the early trade. Money flows are positive in apple and other tech companies. The indian stock market's total capitalization has hit $4 trillion.
Benzinga · 4h ago
Competitor Analysis: Evaluating Tesla And Competitors In Automobiles Industry
Tesla (nasdaq:tsla) is a vertically integrated sustainable energy company that makes electric vehicles. The company is in the automobiles industry. Tesla's valuation appears to be high compared to its peers in the industry, but the company's growth is slowing. Tesla has a higher price to sales ratio than the industry average.
Benzinga · 4h ago
Elon Musk seeking to raise $1 billion for his xAI firm
Elon musk is seeking to raise $1 billion for his artificial intelligence company xai. The company says it has already raised $135 million of that target. Musk announced in july that he was creating xai to compete with tesla's own ai efforts. Musk has previously warned that ai could lead to "civilization destruction"
Forward News · 4h ago
Another Year In Review, With Some Thoughts For 2024
Market rally in 2023 has been driven by a handful of stocks known as the "mag 7," masking weakness in other sectors. Higher interest rates are not likely to have a significant impact on the market in the near term. Tech, communication services, and consumer discretionary have performed well this year.
Seeking Alpha · 5h ago
Cybertruck Should Help Tesla's Profile And Stock, Irrespective Of Sales Or Pricing
Tesla's cybertruck has polarized opinions, with some loving it and others hating it. The unique design of the truck will not disrupt the full-size pickup truck market. Tesla is banking on the success of its self-driving technology. The truck should help tesla's profile and stock, regardless of sales or pricing.
Seeking Alpha · 5h ago
Market Clubhouse Morning Memo - December 6th, 2023 (Trade Strategy For SPY, QQQ, AAPL, MSFT, TSLA, META, GOOGL, And NVDA)
Market clubhouse morning memo: spy, qqq, aapl, msft, tsla, meta, googl, and nvda. Spdr s&p 500 etf trust (spy) is currently trading near 457.86. Tesla has a bullish and bearish outlook for the day.
Benzinga · 5h ago
Tesla's 2024 Outlook: Potential Pitfalls In Market Transition
Tesla's transition from luxury to mass market affects brand perception and consumer appeal. Ceo elon musk's vision for self-driving technology has often fallen short. Tesla faces increasing competition in the global electric vehicle market. Tesla's valuation hints at a potential overvaluation in financial metrics.
Seeking Alpha · 5h ago
Elon Musk denies xAI is raising money 'right now'
Elon musk says his artificial intelligence startup, xai, is not raising money "right now" xai said tuesday it was looking to raise up to $1b in an equity offering. Xai recently released a generative ai chatbot, grok. Musk founded xai in july.
Seeking Alpha · 5h ago
Tax credits for Tesla Model 3 and other EVs slashed starting next year
Department of energy proposed new rules on december 1 for the federal ev tax credit for electric vehicles made in north america. Tesla, ford, and others may not be eligible for the full $7,500 credit for battery components from foreign entities of concern. Doe wants to ensure battery components are sourced from companies in the us or free-trade countries.
Forward News · 5h ago
Top 10 Trending Stocks On WallStreetBets As Of December 6, 2023 (Via Swaggy Stocks)
Benzinga · 6h ago
Elon Musk claims Tesla is ‘quite far advanced’ in developing game-changing $25,000 EV to be built in Texas
Elon musk says tesla is close to engineering a $25,000 entry-level electric car. Musk says the car will be made using a revolutionary manufacturing method. Tesla is predicted to sell by the millions annually. Musk said the company is far ahead of the industry in the manufacturing process.
Forward News · 6h ago
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About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases fully electric vehicles and energy generation and storage systems, and offer services related to its products. The Company's automotive segment includes the design, development, manufacturing, sales, and leasing of electric vehicles as well as sales of automotive regulatory credits. Additionally, the automotive segment is also comprised of services and other, which includes non-warranty after-sales vehicle services, sales of used vehicles, retail merchandise, sales by its acquired subsidiaries to third party customers, and vehicle insurance. Its energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its automotive products include Model 3, Model Y, Model S and Model X. Powerwall and Megapack are its lithium-ion battery energy storage products.