Tesla debuted its prototype Cybercab at Thursday’s “We, Robot” event in Los Angeles. Tesla stock fell more than 9% on Friday, reducing Elon Musk’s net worth. Though his net worth dropped by about $15 billion, Musk remains the world’s richest man. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…
Uber (UBER) shares ticked higher on Friday after Tesla’s (TSLA) robotaxi event left investors largely disappointed. GLOBALT Investments senior portfolio manager Thomas Martin joins Market Domination Overtime to discuss the competition between the two and why Uber benefitted from the event. “Both Tesla stock and Uber reacted the way you would have expected given the…
Anticipation is building for Tesla‘s (NASDAQ: TSLA) upcoming “We, Robot” event on Oct. 10. Investors are expecting to hear from CEO Elon Musk about the next stage of growth for the electric vehicle (EV) company, especially in light of recent weakness in EV demand. The stock is trading down after Tesla reported its production and…
Tesla (TSLA) announced third quarter deliveries on Wednesday that slightly missed expectations, sending the stock down about 3%. The EV maker delivered 462,890 vehicles in the three months ending Sept. 30, up 6.4% quarter over quarter to mark the first quarter of delivery growth this year. The numbers also came in ahead of the 435,059…
Tesla (TSLA) announced third quarter deliveries on Wednesday that slightly missed expectations, sending the stock down about 5% in early trading. The EV maker delivered 462,890 vehicles in the three months to Sept. 30, up 6.4% quarter over quarter and ahead of the 435,059 EVs the company delivered in the year-ago period. Wall Street had…
Tesla is scheduled to reveal its highly anticipated robotaxi on Oct. 10 at an event in Los Angeles, California, and investors appear to be waiting until then before making any big Tesla stock bets. While most of the details are still under wraps, Chief Executive Elon Musk is setting sky high expectations for the event….
China’s NIO Says 40% Of Its Store Managers Are Ex-Tesla NIO Inc. (NYSE:NIO) shares are trading higher on Thursday. Nio’s Onvo currently has 180 store managers in China, with 40% hailing from Tesla, Inc. (NASDAQ:TSLA) and 27% from Li Auto (NASDAQ:LI), according to Xia Qinghua, head of Onvo’s user and service operations, CnEV Post reports….
BEIJING, CHINA – SEPTEMBER 16, 2024 – Visitors visit the booth of Tesla at the 2024 China Beijing … [+] International Fair for Trade in Services (CIFTIS) in Beijing, China, September 16, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) CFOTO/Future Publishing via Getty Images China has emerged as the biggest growth market…