Now-former House Speaker Nancy Pelosi has filed her latest periodic transaction report detailing recent stock trades – and she booked a ton of year-end losses. For starters, Pelosi booked $854,000 in losses on PayPal She […]
Tesla Inc. shares slid in premarket trading after slashing prices of its vehicles sold in the US. The goal is to attract new buyers as the electric vehicle maker struggles with a significant demand problem. […]
EconomyAutomotive Industry Tesla is nearing a preliminary deal to build production facilities in Indonesia with a capacity of one million units, Bloomberg News has reported, citing unidentified people familiar with the matter. On Wednesday, Chief […]
Tesla owners in China are apparently not pleased with the company’s new policy of cutting prices on what now seems like a weekly basis. The swift pace of price cuts caused several of Tesla’s showrooms […]
Stellantis NV unveiled its first electric pickup under the Ram Truck brand on the CES 2023 show floor in Las Vegas. On Thursday, the Ram 1500 Revolution Battery-electric Vehicle (BEV) Concept was shown for the […]
Tesla has cut prices in China for the second time in less than three months, fuelling forecasts of a wider price war as demand weakens in the world’s largest car market. The US automaker also […]
Haven’t heard any “Who wears short shorts?” jokes from Elon Musk lately, have we? Tesla short sellers appear – for the first time in the company’s history – to finally be in control. One of […]
Submitted by Larry McDonald, author of The Bear Traps Report This week, TSLA equity traded 61% below the 200-day moving average, the most in a decade — Tesla reports Q4 unit sales before trading starts […]
Authored by Ross Pomeroy via RealClearScience.com, There are now an estimated 1.7 million electric vehicles (EVs) on U.S. roads, compared to roughly 400,000 in spring 2018. That means that a lot more Americans are experiencing […]
Morgan Stanley’s Adam Jonas was out yesterday lowering his price target on Tesla stock from $330 to $250, but maintaining his overweight rating on the name and arguing that the recent selloff in the name […]
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