Elon Musk’s net worth falls below $200 billion amid TSLA’s recent slump
Tesla shares have recently hit 11-month lows, and with it, CEO Elon Musk’s net worth has dropped below $200 billion.…
2 years ago
Investor’s Corner
Tesla (TSLA) stock way oversold, Twitter overhang way overdone: Wedbush analyst
Tesla stock (NASDAQ:TSLA) recently fell to an 11-month low, with shares dropping almost 7% on Tuesday. Despite this, Wedbush analyst…
2 years ago
Tesla investor believes company still supports ESG cause following removal from index
Following Tesla's removal from the S&P 500's Environmental, Social, and Governance index last week, an investor in the automaker still…
2 years ago
ARK founder Cathie Wood says Tesla removal from S&P ESG is ‘ridiculous’
ARK Invest found Cathie Wood called Tesla's removal from the S&P's Environment, Social & Governance Index "ridiculous" after the automaker…
2 years ago
Wedbush drops Tesla price target amid “epic disaster” lockdowns in Shanghai
Wedbush analyst Dan Ives opted to lower his price target for American electric vehicle maker Tesla from his previous $1,400…
2 years ago
Tesla whale suggests $15 billion TSLA buyback amid dropping share prices
Tesla whale and billionaire Leo KoGuan, who is estimated to be one of the electric vehicle maker's largest individual shareholders,…
2 years ago
Tesla’s Elon Musk sees net worth shrink by $12B amid ESG fiasco, GOP support announcement
Elon Musk recently saw over $12 billion wiped off his net worth following TSLA stock’s recent drop and the S&P…
2 years ago
Twitter loses all of its gains from the Elon Musk saga
Twitter stock (NYSE: TWTR) has lost all of the gains it once had during the peak of the Elon Musk…
2 years ago
Twitter deal has ‘less than 50% chance’ to go through after Tesla’s market beating: Wedbush
Elon Musk's $44 billion acquisition of Twitter may be on its way to being terminated, according to Wedbush analysts. Following…
2 years ago
Ford offloads $188.2m in additional Rivian shares
Ford Motor Co. sold $188.2 million additional shares of electric vehicle company Rivian on Friday after already selling $214 million…
2 years ago
Wedbush calls Rivian a ‘long term winner,’ but admits it needs to ‘stop the excuses’
Despite Rivian Automotive's (NASDAQ: RIVN) weak showing in its 2022 Q1 earnings report, Wedbush analysts remain bullish on the automaker…
2 years ago
Lordstown Motors and Foxconn finalize sale of manufacturing facility
Lordstown Motors announced last night it has closed the sale of its manufacturing facility in Ohio to Foxconn after the…
2 years ago
Elon Musk looks to eliminate margin loans from funding for Twitter buyout
Tesla CEO Elon Musk is looking to eliminate margin loans by raising more equity and preferred financing for his $44…
2 years ago
Rivian’s Q1 results prompts Wedbush’s sharp rebuke: “A train wreck since its IPO”
Rivian Automotive (RIVN) is up on Thursday's intraday after the company reiterated its full-year production target. The company reported an…
2 years ago
Rivian will report Q1 Earnings today: Here’s What to Expect
Rivian Automotive (NASDAQ: RIVN) will report its earnings for the first quarter of 2022 later today. Here's what to expect,…
2 years ago
Tesla’s growth story continues in manufacturing and not autonomy: Morgan Stanley
Tesla's (NASDAQ: TSLA) growth story has leaned on the potential of autonomous, self-driving vehicles revolutionizing the way everyday transportation is…
2 years ago
Lordstown delays plant sale to Foxconn, needs $150m in capital for production
Lordstown Motors (NASDAQ: RIDE) announced on Monday it would delay the sale of its Ohio manufacturing plant to Foxconn by…
2 years ago
Nikola stock jumps following earnings beat, details over 500 orders for Tre BEV
Nikola Corporation (NASDAQ: NKLA) reported positive earnings for Q1 2022, beating Wall Street estimates in EPS and revenue. Shares of…
2 years ago
Elon Musk expected to be Twitter’s CEO temporarily, Tesla shares drop
Elon Musk is expected to assume the role of Twitter CEO at least temporarily after his $44 billion acquisition of…
2 years ago
Lucid reports Q1 2022 Earnings tonight: Here’s What to Expect
Lucid Group (NASDAQ: LCID) will report its earnings for the first quarter of 2022 this evening after market close. Analysts…
2 years ago