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Tesla tanks 13% after earnings, dragging other EV stocks lower

Tesla missed profit targets for a fourth straight quarter and postponed its Robotaxi event, draggin…

Filip De Mott   


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1 min read

EV stocks are showing major signs of life

Tesla stock is on pace for a 10-day winning streak, while Rivian and Lucid are also on a tear.

Matthew Fox   


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The best-performing EV stock this year is a school bus manufacturer

An electric school bus can sell for more than $300,000 compared to just $100,000 for a traditional …

Matthew Fox   


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Stock market today: Indexes end lower as investors brace for major earnings results

Indexes were lower as investors braced for Tesla and Alphabet's earnings reports.

Filip De Mott   


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Stock market news: US stocks slide and bond yields rise as traders eye new economic data

Traders are looking ahead to new inflation data at the end of the week. Nvidia shares wavered after…

Jennifer Sor   


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Stock market today: Indexes inch higher to new records after Powell testimony

Outlooks on Fed policy remained unchanged after Chairman Jerome Powell offered no new insight durin…

Filip De Mott   


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Tesla is acting like a meme stock right now, says billionaire 'Bond King' Bill Gross

"Tesla acting like a meme stock — sagging fundamentals, straight up price action," legendary bond m…

Matthew Fox   


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Chewy stock whipsaws after Roaring Kitty discloses a $245 million stake

Roaring Kitty is now one of the five biggest shareholders in Chewy. He sent the stock soaring last …

Filip De Mott   


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Tesla stock pops 10% as deliveries beat estimates and Wall Street sees stronger days ahead

Wedbush analyst Dan Ives says "the worst is in the rear view mirror" for the EV-maker following the…

Filip De Mott   


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Stock market today: Indexes rise and bond yields soar as 2nd half of the year kicks off

Major stock indexes ended higher to kick off the second half of 2024. Bond yields jumped as markets…

Filip De Mott   


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Tesla is the biggest stock bubble in history and shares are headed to $15, short seller says

"In my view, Tesla is the biggest stock market bubble in world history," according to one investor …

Jennifer Sor   


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Fisker plunges 55%, drags EV stocks lower as it reportedly mulls bankruptcy

A cooldown in electric vehicle sales and a boom in hybrid sales has spelled disaster for smaller EV…

Matthew Fox   


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Longtime Tesla investor says Elon Musk's proposed $56 billion pay package is 'outrageous' amid poor stock performance

Musk's pay package would be "outrageous" even if it were slashed in half, according to Tesla invest…

Jennifer Sor   


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Elon Musk diverting Nvidia chips from Tesla to X shows the EV maker is not his priority, longtime Tesla investor Ross Gerber says

"Tesla is kind of the bottom of the pecking pole of Elon's companies," longtime shareholder Ross Ge…

Jennifer Sor   


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Stock market today: S&P 500 closes at record high as rate cut hopes rise and Nvidia surges

Investors took in an improved outlook for Fed rate cuts, sending the S&P 500 to a fresh record.

Jennifer Sor   


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Stock market today: US stocks rise with tech sector gaining amid earnings

Tesla shares popped over 12% early Wednesday. Investors have tech in focus as Meta gets ready to re…

Jennifer Sor   


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Ford plummets 18% after big 2nd-quarter earnings miss

Ford's shares suffered their worst decline since 2008 after the company lost $1.14 billion in its e…

Kelly Cloonan   


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Tesla stock has 68% upside as the 'best house in a bad block' of distressed EV makers, analyst says

"We still think there's a pathway for them to become the largest auto manufacturer," CFRA's Garrett…

Filip De Mott   


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Tesla earnings were tough, but the 'mojo is back' as AI to power the next phase of growth, Wedbush's Dan Ives says

Dan Ives says Tesla's AI-powered Robotaxi will mark the next phase of growth for the carmaker after…

Kelly Cloonan   


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Nasdaq tumbles 3% in worst day of the year amid tech-earnings rout

The Nasdaq dropped sharply as earnings from Tesla and Google's parent, Alphabet, missed investors' …

Jennifer Sor