Tag Archives: tesla

As investors brace themselves for another week of market volatility and unsteady stock futures, all eyes are on the crucial economic data releases that could have a profound impact on the financial landscape. This morning marked a cautious start for investors as stock futures presented a mixed outlook following a positive day on Wall Street. Overview of the US Stock Futures Market As the US stock market opened, futures tied to the Dow Jones Industrial Average (INDEXDJX:.DJI) took a...

Going by the new estimates, Morgan Stanley expects that Tesla’s market capitalization will surge by at least $600 billion over the next 12 to 18 months. A recent Reuters report has tipped Tesla Inc (NASDAQ: TSLA), the electric vehicle (EV) maker, as poised to see a major boost in its market capitalization. This follows after Morgan Stanley analysts published a note about Tesla’s Dojo on Sunday. Addressing investors in the note, the team of analysts, led by Adam Jonas, shared how the...

Regarding SpaceX, Musk holds the title of the largest shareholder, with an impressive 42 percent stake. Elon Musk, the visionary entrepreneur known for pushing the boundaries of space exploration and electric vehicles, has once again captured headlines for his audacious financial moves. A recent report from the Wall Street Journal (WSJ) has revealed that Musk secured a substantial loan of $1 billion from SpaceX, around the same time he was finalizing the acquisition of Twitter Inc, which...

Polestar is trying to create an experience where you can be using an app on your mobile phone and then continue with the app in your car. Polestar, a subsidiary of the Chinese automaker Geely, is preparing to begin production of its Polestar 4 electric cars this year, with a particular focus on the Chinese market. This shows the strategic move by the manufacturer to enter the Chinese market and its priority for technology and innovation. The Chinese market appears to be appealing due to...

CoinspeakerNasdaq Composite Soars Over 1% as Tech Stocks Rebound At the core of the Nasdaq Composite’s resurgence was the undeniable role of bonds and economic data. Nasdaq Composite Soars Over 1% as Tech Stocks Rebound

CoinspeakerRedwood Materials Raises over $1B to Expand Its Footprint in US Redwood Materials said that it's committed to the use of recycled materials, and will also engage in refining and manufacturing activities. Redwood Materials Raises over $1B to Expand Its Footprint in US

CoinspeakerBYD Shares Soar Following Impressive Q2 2023 Earnings Report BYD faces fierce competition from both domestic rivals and Tesla in a relentless price war. The battle for market share led to price cuts from all sides, with the goal of increasing accessibility and product penetration. BYD Shares Soar Following Impressive Q2 2023 Earnings Report

CoinspeakerXpeng Shares Fall 7% after the EV Company Posts Q2 2023 Loss Worse Than Q1 Xpeng shares fell because the company's loss increased in Q2 2023. However, deliveries and revenue are still looking good even for Q3. Xpeng Shares Fall 7% after the EV Company Posts Q2 2023 Loss Worse Than Q1

Zachary Kirkhorn, who served as chief financial officer at Tesla, stepped down after staying in the position for the last four and a half years. He will remain part of the company until the end of 2023 to help transition the new CFO. Kirkhorn earned the nickname “Master of Coin” in 2021, shortly after the electric vehicle giant splashed the waters with its whopping $1.5 billion bitcoin purchase.  Changes in Tesla’s Management Team Kirkhorn (who joined Tesla in 2010) will be...

CoinspeakerMeta Platforms to Launch AI-Powered Chatbots with Unique Personalities in September Meta is considering automated checks on the chatbots' outputs to ensure accuracy and compliance with platform rules. Meta Platforms to Launch AI-Powered Chatbots with Unique Personalities in September