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Tesla surges 13% as market sees Donald Trump's presidency benefiting key ally Elon Musk

Tesla stock soared 13% on Wednesday after the election result. CEO Elon Musk was among Trump's most…

Kelly Cloonan   


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4 mins read

Hindenburg alleges Sebi head Madhabi Buch had stakes in obscure offshore funds used in Adani scandal

Citing "whistleblower documents", it said, "Madhabi Buch, the current chairperson Of SEBI, and …

PTI   


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GM dismissed Tesla in 2009 as a 'bunch of engineers playing with laptop batteries,' Nikola's CEO says

Nikola CEO Steve Girsky asked about Tesla when he joined General Motors' board in 2009, and was tol…

Theron Mohamed   


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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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Famed short seller Andrew Left is back shorting GameStop years after taking a hit during meme-stock mania

The famed short-seller told Bloomberg he shorted the stock after he saw retail hero Keith Gill's la…

Jennifer Sor   


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Electric truck maker Nikola is planning to sell its own shares at a 20% discount to their lowest ever price

Nikola's share price has cratered since September 2020, when Hindenburg Research released a report …

Zinya Salfiti   


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The short-seller who exposed fraud at Nikola is now targeting a conglomerate owned by the 4th richest person in the world

Following the release of Hindenburg's report early Wednesday morning, Adani Group companies lost a …

Matthew Fox   


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Fire damaged Nikola Tesla's last remaining laboratory that crowdfounders raised over $1 million to save

On November 21, a fire did serious damage to Nikola Tesla's laboratory at Wardenclyffe. A nonprofit…

Jenny McGrath   


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Original SPAC-meme stock Nikola soars 17% after it begins production of its first electric vehicle

Nikola is set to beat Tesla to market with its electric semi-truck, which has an expected range of …

Matthew Fox   


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Nikola agrees to pay $125 million to settle SEC charges the electric truck maker defrauded investors

Nikola said last month it had set aside that amount in anticipation of a potential settlement with …

Carla Mozée   


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A second Nikola electric semi-truck caught fire during tests to determine the cause of another blaze

Nikola confirmed the "thermal incident" to Bloomberg. It follows the recall of hundreds of trucks f…

Jyoti Mann   


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Nikola falls 10% after its founder Trevor Milton is charged with fraud

Milton was indicted for allegedly lying about "nearly all aspects of the business," according to a …

Matthew Fox   


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NBA superstar Nikola Jokic was such an afterthought in the draft, a commercial was shown when he was picked

Nikola Jokic is the lowest-drafted player to win NBA MVP and now he is on the verge of a title.

Scott Davis,Cork Gaines   


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Nikola could sink 27% due to daunting operational headwinds and insider selling, CFRA says

CFRA analyst Garret Nelson reiterated his "sell" rating on shares of Nikola on Thursday and lowered…

Will Daniel   


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Nikola jumps 24% as board member Jeffrey Ubben defends the EV maker following scandal-induced 90% collapse

Comments from Ubben come about one week before a sizable lock-up period expires for Nikola insiders.

Matthew Fox   


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Nikola slides 12% after JPMorgan downgrades to neutral given that the 'good news is priced in the stock'

Much of that good news includes evidence that the company is focused on its goals and is passed the…

Matthew Fox   


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Nikola's stock-price target cut in half at Wedbush as the firm questions the electric automaker's ability to hit its ambitious forecasts

Shares of Nikola slipped 6.1% Monday morning as Wedbush reiterated its "neutral" rating for the ele…

Emily Graffeo   


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Nikola slides 12% after it ends collaboration on electric garbage truck with Republic Services

"This was the right decision for both companies given the resources and investments required," Niko…

Matthew Fox   


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14 lottery players were drafted before NBA All-World star Nikola Jokić where are they now?

From left, NBA draft prospects Marcus Smart of Oklahoma State, Tyler Ennis of Syracuse, Andrew Wigg…

Cork Gaines