Photo: BING-JHEN HONG (Getty Images) The escalating chip war between the U.S. and China, compounded by a series of retaliatory tariffs, is poised to have far-reaching consequences for the global AI industry. Major AI stocks in the U.S., including Nvidia (NVDA), Super Micro Computer (SMCI), and Advanced Micro Devices (AMD), continued to climb Wednesday. However,…
https://www.tipranks.com/news/the-fly/tesla-braces-for-delay-in-china-autonomous-driving-license-ft-says Tesla (TSLA) is preparing for a potential delay in obtaining Chinese approval for its autonomous driving technology and the company has been told there is no definitive timetable for regulators to approve a license for it to begin widespread training of its “full self-driving” technology, despite an earlier indication that it would get the…
We recently published a list of 10 AI Stocks to Watch Amid DeepSeek Impact. In this article, we are going to take a look at where Tesla Inc (NASDAQ:TSLA) stands against other AI stocks to watch amid DeepSeek impact. The launch of DeepSeek is drawing new battle lines in the AI competition and many analysts believe…
https://www.tipranks.com/news/the-fly/tesla-car-sales-in-china-fall-as-competition-heats-up-cnbc-says Tesla’s (TSLA) car sales in China fell in January as competition from domestic rivals continued to heat up, Arjun Kharpal of CNBC reports. The company sold 63,238 units in January, which was down 11.5% from the 71,447 cars sold in December. Meanwhile, Chinese rival BYD (BYDDF) sold 296,446 pure electric and plug-in hybrids last…
Tesla stock (TSLA) pushed higher on Tuesday morning, hitting a record high and adding to monster end-of-year gains as another Wall Street analyst says there’s more room to run. Tesla shares jumped over 2% in early trading, topping $470 per share for the first time. The stock is up nearly 19% in the past five…
Topline Tesla shares rallied Tuesday to a fresh all-time high on the back of another highly bullish move from Wall Street, as Elon Musk’s car company continues its rapid ascent since Donald Trump, supported by Musk, secured a second presidential term. Elon Musk, center, appears on Capitol Hill this month. Getty Images Key Facts Tesla…
We recently compiled a list of the 10 AI News Investors Shouldn’t Miss. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against the other AI stocks. Angie Newman from UBS Private Wealth Management discussed how to take advantage of the ongoing artificial intelligence boom on CNBC’s Squawk…
In a recent viral X post, Elon Musk brought back to discussion about Bill Gates (Trades, Portfolio)’ short position against Tesla (TSLA, Financial) as a potential cause of bankruptcy for the Microsoft’s co-founder. Traced back, in Walter Isaacson’s 2023 biography of Elon Musk, it is written that Bill Gates (Trades, Portfolio) undisclosed his short position…
Market Overview The major indices closed with losses: S&P 500 decreased by 0.5%, Nasdaq Composite fell by 0.7%, and Dow Jones Industrial Average dropped by 0.5%. The Russell 2000 underperformed, declining by 1.3%. The market showed a downside bias, with decliners outnumbering advancers by a 3-to-1 margin at the NYSE and a 5-to-2 margin at…
Photo: Spencer Platt (Getty Images) In This Story The tech-driven Nasdaq reached a high on Monday, driven by gains by Intel and Tesla (TSLA+3.13%), getting December off to a good start after a November that was the best month of 2024 for both the Dow and S&P 500. In the afternoon, the Dow Jones Industrial…