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Tag Archives: tesla

Coronavirus Could Be the Reason for China’s Smartphone Shipments to Drop 30%

According to IDC, Chinese consumers may abandon the idea to adopt 5G-enabled phones due to the influence of coronavirus, despite the fact that Chinese makers are offering premium models that take advantage of next-generation networks.With the further spread of coronavirus, Chinese business faces a new challenge. At the end of Q1 2020 that ends in March, China’s smartphone shipments could drop by over 30%.International Data Corporation (IDC) stated:“The coronavirus outbreak impacted the Lunar...

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Tesla Stock Is One of the Most Dangerous Stocks in the Market, Says Wall Street Exec

While many people are extremely bullish about Tesla (TSLA), some other analysts think that it’s a little too volatile and dangerous at the moment.Tesla stock (TSLA) is very easily one of the world’s most popular stocks, at least as far as 2020 is concerned. Prices have jumped so high recently that it has rattled a lot of the market’s most seasoned analysts and even regular traders and investors. Towards the end of last year, many people slowly became extremely bullish about Tesla’s chances....

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Coronavirus is the Biggest Market Threat Right Now as China Death Toll Tops 900

One of the Wall Street bulls Edward Yardeni believes that there is currently no bigger threat to the financial market right now than the coronavirus outbreak. The number of death cases is growing.The world already has more than enough evidence that the coronavirus is a big enough market threat. In the very recent past, we have seen the unpleasant effects of the coronavirus on the world’s financial markets. Oil prices also took a beating, as well as several businesses. Even though investors...

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Facebook Stock Rises Despite Elon Musk’s Tweet Asking to #DeleteFacebook

Facebook (FB) stock price is moving higher despite all the noise around the company partially caused by Elon Musk’s negative position toward it.Last few years we are witnessing Facebook getting numerous objections from many sides. It all culminated when its CEO Mark Zuckerberg last year publicly admitted that the company won’t ever be included in checking the credibility of political parties that are advertising on the social network. Of course, it all was sparked even more when it’s...

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Is There Any Truth to the Tesla-Bitcoin Parallels?

Is there a bitcoin-Tesla connection? Are BTC and Tesla truly the world’s most “disruptive” technologies? Blockchain, not bitcoin. Thanks to a significant uptick in Tesla (NASDAQ:TSLA) stock since the start of 2020, a new narrative has emerged: Tesla stock is—apparently—the new bitcoin. But is there any truth to this beyond a trivial analytic link? The chronicle of Tesla’s price surge—and its kinship to BTC—is being picked apart by nearly every analyst of late. One of...

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Tesla (TSLA) Stock Is Down Now but with Full Self Driving Tesla Could Be Worth $6T by 2024

According to Ark Invest, if Tesla lands the self-driving option in the right way, it can soon launch an autonomous taxi service (robotaxis). As a result, the TSLA stock value may increase drastically and Tesla could hit $6 trillion by 2024.The leading electric car manufacturer Tesla has been experiencing rapid ups and downs in stock price lately. After a recent jump and reaching a new record of $961, TSLA stock crashed. However, some believe Tesla can save its situation. Besides, in four...

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Tesla (TSLA) Stock Crashes 17% after Coronavirus Forces Postponement in Product Delivery

Tesla (TSLA) stock has plunged as the company has announced a delivery delay caused by the fears related to the coronavirus epidemic.Much to the disappointment of many, Tesla (TSLA) stock has begun to fall amid the coronavirus. Tesla, which has been on a very impressive and largely unprecedented surge for a while now, has shed some of its weight because of a delivery issue connected to the epidemic.TSLA Stock CrashOn Wednesday, Tesla vice president Tao Lin announced that the company might...

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Tesla Decides to Close Its Stores in China Due to Coronavirus Fears, TSLA Stock Is in Red

Tesla has been affected by the pressure from the coronavirus outbreak in China, where it has decided to temporarily close all its stores. The move will delay unit delivery to customers who had ordered. TSLA stock price is falling.The American electric automaker company Tesla has temporarily closed its stores in the entire mainland China due to fears of coronavirus spread. The move was not welcomed warmly by the customers who were waiting for unit delivery in February. As a result, in the...

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Tesla Sales May Jump in Netherlands as People Will Get up to $4,400 to Buy EVs in 2020

Citizens of the Netherlands, who want to buy electric cars after July 1, 2020, will receive up to €4,000 ($4,425) from the government to cover their expenses. Is it good news for Tesla?The Netherlands decided to support a greener and ecological transport in 2020. As per the announcement, the country plans to award drivers with the money for buying a new electric vehicle (EV). This will be practiced with private buyers nevertheless they decide to buy new or used electric cars.According to a...

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Ford Announces $1.7 Billion Net Loss in Fourth Quarter Earnings Report, F Stock Drops 10%

Ford has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see.Detroit-based Ford Motor recently released disappointing figures from its earnings report for 2019’s fourth quarter. Its forecast for 2020 is also less than expectations from Wall Street. In response to these disappointing figures, the company’s shares plunged. As trading closed yesterday, Ford (F) stock plummeted by almost 10%, to...

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