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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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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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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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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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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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Investors are once again chasing some of the most speculative names in the stock market

"Meme-type stocks have been catching a bid of late, which paints a bullish picture of general marke…

Matthew Fox   


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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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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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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 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 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 dives 17% after CEO offers murky commentary on GM deal ahead of December 3 deadline

Russell also stopped short of reassuring that Nikola founder Trevor Milton won't dump shares once h…

Ben Winck   


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Nikola could fall 30% as 'ambitious' profit forecasts and Tesla's first-mover advantage weigh on valuation, CFRA analysts say

CFRA analyst Garret Nelson initiated coverage on Nikola with a "sell" rating and a $15 price target…

Will Daniel   


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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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Nikola soars 16% after JPMorgan says it sees 'less drama-filled' year ahead for EV company

"We expect Nikola to post a video of a functioning Tre in January," JPMorgan said, adding that it s…

Matthew Fox   


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Nikola founder Trevor Milton plans to remain the automaker's largest shareholder despite being free to sell stock, report says

Milton stepped down from his role as chairman in September, but his 33% stake in Nikola is the larg…

Shalini Nagarajan   


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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