Tesla (TSLA) vehicle insurance registrations in China retreated sequentially for a second straight week, but the EV giant is trending toward a strong quarterly performance with official fourth-quarter delivery numbers expected next week. Tesla insurance registrations in China totaled 17,600 for the week of Dec. 16-Dec. 22, down about 5% from 18,500 the previous week,…
Uber (UBER) stock took another hit Wednesday on investors’ robotaxi jitters. Shares of the ride-hailing giant fell after General Motors (GM) said it would wind down its Cruise self-driving-taxi efforts. GM will focus instead on developing advanced driver-assistance systems for use in personal vehicles, the company said late Tuesday. The automotive giant cited growing competition…
Tesla (TSLA) stock rallied for a sixth day Wednesday, moving above its record high from three years ago. TSLA shares jumped to 415 during market action on Wednesday, a record high for the stock. The company’s previous all-time high was 414.50 which it hit on Nov. 4, 2021. That day it closed at 409.97. Tesla…
Tesla (TSLA) vehicle insurance registrations in China surged sequentially last week, marking one of the company’s highest weekly totals ever in the key EV market as demand in China continues to rebound. Meanwhile, a top analyst increased his Tesla stock price target, but it’s not due to vehicle deliveries. Tesla stock surged 3.6%, hitting 407.82…
Tesla (TSLA) CEO Elon Musk said over the weekend that the next big update to Full Self-Driving will be “coming soon.” Meanwhile, Tesla is offering a new discount on the Model Y in China as it makes a big year-end sales push. Tesla stock was indicated higher on Robinhood. ↑ X NOW PLAYING Wall Street…
Tesla (TLSA) stock soared above 300 on Friday, reclaiming a $1 trillion market capitalization. The EV giant has been on a tear since President-elect Donald Trump defeated Vice President Kamala Harris for the White House earlier this week. ↑ X NOW PLAYING Donald Trump Wins 2024 Election: What It Means For Market Trends, Tesla Stock…
Tesla (TSLA) announced a surprise third-quarter earnings gain late Wednesday, with quarterly profit growing 9%, capping off a big month of announcements for the EV giant. Revenue came in light. But Tesla stock surged after the close Wednesday. The focus will now turn to Elon Musk and the Tesla earnings call, set to start at…
General Motors General Motors GM $4.49 9.17% 304% IBD Stock Analysis Runs through buy zone from 49.86 entry Relative strength line hits 52-week high Earnings, sales easily beat views Composite Rating Industry Group Ranking Emerging Pattern Cup with Handle * Not real-time data. All data shown was captured at 1:01PM EDT on 10/22/2024. General Motors…
Tesla (TSLA) and BYD (BYDDF) are the world’s largest electric-vehicle makers. In 2022, China EV and battery giant BYD’s vehicle sales raced ahead of Tesla’s and are now well more than twice as high. For all-battery electric vehicles (BEVs), BYD seized the crown in Q4 2023. However Tesla has regained that title in 2024. Tesla…
Dow Jones futures edged higher after hours, along with S&P 500 futures and Nasdaq futures. The stock market fell slightly Thursday amid talk of a Fed rate-cut “pause.” Nvidia (NVDA) resumed its strong run, with several tech plays making bullish moves. All eyes will be on Elon Musk and the Tesla robotaxi event tonight, with…