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Tesla stock rallies as US boosts EV tax credit and China sales jump amid price cuts

The Treasury Department broadened its definition of SUV, allowing more models from Tesla and other …

Brian Evans   


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2 mins read

Warren Buffett's Berkshire Hathaway faces a court battle with Volkswagen after rejecting its Dieselgate settlement deal

Buffett's company didn't join other insurers in settling with the German automaker. Volkswagen is n…

Theron Mohamed   


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The SEC is reportedly looking into Volkswagen's botched 'Voltswagen' April Fools' prank

The automakers botched name-change prank has landed it in hot water with financial regulators, Germ…

Tim Levin   


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2 mins read

Biocon, Hero MotoCorp, TVS Motor, banks and other top stocks to watch out for on September 17

Its subsidiary, Biocon Biologics, has entered into an agreement with Serum Institute of India to…

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Rivian drops 18% in its first down day as a public company following massive post-IPO surge

The strong up and down trading moves Rivian highlights the heightened volatility risk posed to inve…

Matthew Fox   


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5 mins read

How Volkswagen plans to outsell Tesla

Although Tesla currently reign as king of the EV market, automotive giant Volkswagen has plans set …

Aj Caldwell   


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3 mins read

US futures rise ahead of Q3 GDP as earnings optimism eclipses inflation-related concerns

Optimism over earnings outweighed concern about the impact of inflation ahead of a first read of US…

Amanda Cooper   


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Tesla stock bull slashes price target on China headwinds and warns Musk's Twitter bid is a distraction risk

Wedbush analyst Dan Ives cut his price target on Tesla stock to $1,000 from $1,400 as China's COVID…

Brian Evans   


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Three South Korean EV battery makers account for one-third of the global market but competition from China is threatening their share of the pie

Their sales of EV batteries sharply rose in line with solid demand for battery-powered vehicle…

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2 mins read

US stocks log record highs as investors look to Big Tech to sustain earnings growth

S&P 500 companies are on track for the best earnings growth since 2009. A slew of Big Tech names ar…

Carla Mozée   


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2 mins read

Tesla just flashed a 'death cross' sell signal for the first time since 2019, signaling more downside ahead

Shares of Tesla experienced a 45% decline after it flashed a death cross sell signal in February of…

Matthew Fox   


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Volkswagen's rebrand to 'Voltswagen' was just an April Fools' Day joke gone wrong

The company's share price popped 10% on the phony news, which was rolled out well before the April …

Tim Levin   


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Legendary investor Jeremy Grantham warns Tesla stock is in a bubble, rings the inflation alarm, and predicts an epic market crash

Grantham said that Elon Musk's company can't meet the expectations built into its stock price, espe…

Theron Mohamed   


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US stocks slip from record highs amid growth concerns ahead of Big Tech earnings

Tesla will kick off this week's round of earnings from major tech names as investors hope for a con…

Carla Mozée   


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These 8 electric-vehicle stocks are best poised to gain from Biden's green-energy agenda, according to Wedbush

"While today EV's only represent 3% of total automotive sales globally, we believe this will reach …

Matthew Fox   


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1 min read

Tesla stock slips as UBS slashes its price target by 10%, citing slowing demand in China

"Tesla's lead in EV powertrain will likely shrink while the AV opportunity is already fully priced,…

Matthew Fox   


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Volkswagen's CEO started tweeting for the first time and immediately trolled Elon Musk

Herbert Diess, Volkswagen's chief, used his first tweet to troll rival chief executive Elon Musk, w…

Kevin Shalvey   


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4 mins read

'Remain cautious on lofty valuation': Here's what 4 Wall Street analysts expect from Tesla's 1st-quarter earnings report

"We now believe Tesla could exceed 850,000 deliveries for the year with 900,000 as a stretch goal, …

Matthew Fox   


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Tesla stock is soaring on record quarterly deliveries, but the EV maker is 'barely growing,' a stock research chief says

Gordon Johnson, the CEO of GLJ Research, said Tesla's 2% sequential growth was hardly "transformati…

Will Daniel   


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2 mins read

A short-seller who took on Wirecard is betting against Tesla, saying its price is out of whack with Toyota and VW

Elon Musk's Tesla has been the scourge of short-sellers, but Fraser Perring is jumping back in.

Harry Robertson