A bystander looks into the window of the Nasdaq MarketSite near the close of trading April 12, 2000 … [+] in New York City. The Nasdaq lost 286.69 points to finish at 3769.64, the second largest point drop in its history. (Photo by Chris Hondros/Newsmakers) Getty Images It’s been a long December for technology stocks.…
Topline Tesla shares sank 9% on Thursday to their lowest level since October 2020 after the company upped discounts on its electric vehicles, as investors grow more and more skeptical on Tesla’s growth story, especially with its CEO Elon Musk’s head turned by the new apple of his eye, Twitter. Tesla Model Y and Model…
(Photo by MediaNews Group/Bay Area News via Getty Images) MediaNews Group via Getty Images Key Takeaways Lucid Group has raised an additional $1.5 billion to support ongoing operations, with $915 million being contributed by the Saudi Arabia Public Investment Fund. It keeps the Fund’s stake in Lucid at around 62%, continuing their status as a…
INDIA – 2022/12/12: In this photo illustration, the logo of Tesla is seen displayed on a mobile … [+] phone screen. (Photo Illustration by Idrees Abbas/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Tesla stock has seen considerable selling pressure losing about 50% of its value over the year. While growth stocks in…
Elon Musk, Tesla CEO, attends the opening of the Tesla factory Berlin Brandenburg in Gruenheide, … [+] Germany, March 22, 2022. (Patrick Pleul/Pool via AP, File) (c) dpa-Zentralbild POOL Tesla’s stock has fallen just over 50% this year, closing at $174.04 on Wednesday. It is also down 58% from its all-time closing high of $409.97…
| Getty Images Key Takeaways An all-electric Tesla Semi completed a 500-mile test run. This test run included an 81,000-pound load. With the test run complete, Tesla’s Semi program will start delivering trucks early this month. When you think of a semi truck, you likely envision a big rig that relies on diesel to haul…
Tesla Model S electric car at a supercharger charging station getty Tesla (NYSE: TSLA) shareholders must wondering what is going on. The stock is hitting new 52-week lows and the Chief Executive Officer is spending time these days at Twitter making sure that blue check marks go to the right people. Meantime, their car stock…
Invesco stock-index owner Robert Wilder has bet on eco-friendly long shots for years, mostly winning. But it’s been a volatile ride. Robert Wilder, 62: author, lecturer, organic gardener, tree hugger. Something of a hippie? No, this ecologist is a financier, with a sharp eye for how to turn environmentalism into a business. Wilder is the…
Rich kid. getty Have you seen the prices lately of Elon Musk’s Tesla stock and Mark Zuckerberg’s META stock? They’re both in serious decline, a different kind of condition for their investors who’d been used to the stuff going up all the time. What has happened to the magic of these 2 CEOs formerly celebrated…
BYD Chairman Wang Chuanfu, center, at a ceremony today celebrated a production milestone of three … [+] million EVs. BYD BYD, China’s largest EV maker, unveiled plans for an unnamed new brand today, the second such move this month as the company aims to build on its leadership in the world’s largest EV market. The…