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2 mins read
Tesla bull sees the stock soaring another 18% on higher EV demand in China and potential boost from adjustments to US tax credit
Tesla price cuts in China are bolstering demand while the "Twitter overhang" is moving into the bac…
Carla Mozée
2 mins read
US stocks edge higher to new records as investors grow anxious over COVID variant spread
The S&P 500 and Nasdaq continued their near week-long winning streak, eking out record highs on Tue…
Matthew Fox
2 mins read
Tesla stock is at a 'fork in the road' as Elon Musk needs to lead the EV maker through weakness in demand, says Wedbush analyst Dan Ives
Tesla stock has been "way oversold" but now's the time for Musk to outline a path for growth as the…
Carla Mozée
1 min read
Chinese EV stocks rise as Elon Musk says he sees Tesla's biggest rival coming from China after the company posts record results
"They work the hardest, and they work the smartest," Tesla CEO Elon Musk said of Chinese electric v…
Carla Mozée
1 min read
Electric-vehicle stocks jump after Biden infrastructure plan includes $174 billion investment in sector
The $2 trillion infrastructure plan would give rebates and tax incentives to US consumers that buy …
Matthew Fox
1 min read
Alibaba and other US-listed Chinese stocks jump following speculation Beijing is exploring an exit from its zero-COVID policy
An unverified social media post said the Chinese government could form a "reopening committee" to e…
Carla Mozée
2 mins read
Tesla could surge 48% in a bull-case scenario with more than 1 million car deliveries by 2022, Wedbush says
Wedbush's Tesla bull-case scenario is based on a 50x multiple on long-term earnings power of $25, D…
Matthew Fox
2 mins read
Alibaba, JD, and other Chinese stocks jump as easing of some virus restrictions fuels hopes China will back down from zero-COVID policy
China ramping up vaccines for elderly residents and changes in testing in a major port city fueled …
Carla Mozée
1 min read
Nio jumps 12% after reporting record monthly and quarterly electric vehicle deliveries
Nio will introduce a new electric sedan model on January 9 and detail its ongoing developments in a…
Matthew Fox
1 min read
Alibaba leaps 10% as US-listed Chinese stocks rally on further speculation Beijing is set to reopen its economy after strict lockdown measures
A former top disease control official in China said the country will make changes to its zero-COVID…
Carla Mozée
2 mins read
Nio tumbles 14% after renowned short-seller Citron Research makes a bearish call citing increased Tesla competition
Whether the electric-car maker can hold on to its gains set in 2020 is likely to hinge on execution…
Matthew Fox
2 mins read
Dow erases 2020 losses as Fed policy overhaul lifts stocks
The 30-stock index gained as much as 1.1% in the session. Microsoft and Walmart led the index highe…
Ben Winck
2 mins read
Retail investors are snapping up tumbling Chinese stocks like Didi - even as institutions balk at the government crackdown
Retail investors have turned into dip-buyers, even in risky Chinese stocks, data shows.
Harry Robertson
1 min read
Tesla could soar 67% as it reaps the benefits of 'transformational consumer demand' for EVs in China, Wedbush says
Wedbush's Dan Ives said that despite near-term speed bumps, he remains firmly bullish on Tesla and …
Emily Graffeo
2 mins read
Tesla stock drops as China sales decline 27% in April
"Clearly Musk & Co. need to play nice in the sandbox with Beijing and smooth out PR issues," said a…
Carla Mozée
2 mins read
S&P 500 tops 4,000 as Wall Street cheers Biden's $2 trillion infrastructure plan
US stocks rose Thursday as Wall Street appeared to embrace President Biden's plans for $2 trillion …
Carla Mozée
2 mins read
Tesla, EV makers jump as high-flying stocks rebound from brutal sell-off
Shares of Tesla and electric vehicle makers jumped alongside a bounceback in tech stocks after the …
Carla Mozée
2 mins read
Elon Musk lost $27 billion in a rough week for the electric vehicle sector
Tesla's stock price - and many of its competitors - struggled last week following impressive gains …
Graham Rapier
1 min read
Nio falls as the EV maker plans biggest US stock sale by a Chinese company since Didi IPO
Nio's fundraising push comes as the auto industry continues to feel the squeeze of the global chip …
Ethan Wu
1 min read
Chinese tech giant Baidu is seeking to raise $3.5 billion in a Hong Kong stock listing, report says
Baidu is set for a second listing in Hong Kong. The move comes not long after Reuters reported the …