Tesla begins deliveries of its new Model S Plaid

Tesla began deliveries of its new Model S Plaid, a high-performance version of the company’s flagship electric sedan, on Thursday with a livestream event at the company’s test track near its factory in Fremont, California. The company’s design leader, Franz von Holzhausen, served as master of ceremonies and carried a sledgehammer on stage to introduce… Continue reading Tesla begins deliveries of its new Model S Plaid

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Tesla, Coinbase lead drop in crypto-related stocks as bitcoin plunges

bear market.) The price fell below $40,000 for the first time in 14 weeks and dropped below $37,000 at one point early Wednesday. The move comes after China on Tuesday barred financial institutions from conducting crypto-related transactions. Separately, a JPMorgan report showed large institutional investors were dumping bitcoin in favor of gold. The pullback this… Continue reading Tesla, Coinbase lead drop in crypto-related stocks as bitcoin plunges

After weekly sell-off, traders see these two beaten-down stocks as comeback candidates

Trading Nation: Tesla, Micron lag market in wild week for stocksFollowing a rough week on Wall Street, CNBC’s “Trading Nation” went on the hunt for the best buying opportunity among the top laggards: Tesla, JD.com, Micron, Under Armour, and Disney. Craig Johnson, chief market technician at Piper Sandler, pointed to Under Armour as the stock… Continue reading After weekly sell-off, traders see these two beaten-down stocks as comeback candidates

Here’s what every major analyst said about Tesla’s first quarter earnings

Tesla added a new wrinkle to its quarterly earnings reports on Monday, drawing another battle line for analysts who cover the closely followed electric vehicle stock. The company beat expectations on the top and bottom lines for the first quarter, thanks in party to a major boost from sales of bitcoin. The quarter’s combination of… Continue reading Here’s what every major analyst said about Tesla’s first quarter earnings

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Tesla and Alphabet are set to report earnings — what Wall Street expects to see

Dan Ives, managing director of Equity Research at Wedbush Securities, breaks down what he sees for Tesla ahead of earnings Monday afternoon. “For Tesla, the success continues to be not just Model 3, Model Y and others but I think what you’re seeing on this is just the technology that continues to come out of… Continue reading Tesla and Alphabet are set to report earnings — what Wall Street expects to see

Tesla branded as ‘arrogant’ in China as pressure mounts on the electric carmaker

China — Tesla faces mounting pressure in China as state media and regulators criticize the electric carmaker following an alleged customer’s protest at a major auto show this week. Tesla could be facing one of its worst public relations crises in China, a market investors see as critical for its future growth. On Monday, a… Continue reading Tesla branded as ‘arrogant’ in China as pressure mounts on the electric carmaker

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Huawei blames global chip shortage on U.S. sanctions

Tesla, Apple, Nio and Xiaomi.The U.S. flag and a smartphone with the Huawei and 5G network logo are seen on a PC motherboard in this illustration taken January 29, 2020.The U.S. flag and a smartphone with the Huawei and 5G network logo are seen on a PC motherboard in this illustration taken January 29, 2020.Dado… Continue reading Huawei blames global chip shortage on U.S. sanctions

Stocks making the biggest moves in the premarket: Tesla, GameStop, Roblox & more

Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla delivered nearly 185,000 vehicles during the first quarter, a record for the company and more than 10,000 about consensus forecasts. The stock jumped 7.6% in the premarket. GameStop (GME) – The video game retailer announced plans to sell up… Continue reading Stocks making the biggest moves in the premarket: Tesla, GameStop, Roblox & more

Tesla reports 180,338 vehicles produced, 184,800 delivered in first quarter of 2021

Tesla just reported first-quarter vehicle production and delivery numbers for 2021. In total, it delivered 184,800 vehicles and produced 180,338 cars. Analysts were expecting Tesla to deliver around 168,000 vehicles during this period, according to estimates compiled by FactSet as of April 1. Estimates ranged from 145,000 to 188,000 deliveries. All of the electric vehicles… Continue reading Tesla reports 180,338 vehicles produced, 184,800 delivered in first quarter of 2021

Tesla has made about $1 billion in profit on its bitcoin investment, analyst estimates

Tesla has made roughly $1 billion in paper profits from its investment into bitcoin, according to Daniel Ives, analyst at Wedbush Securities. The company is “on a trajectory to make more from its Bitcoin investments than profits from selling its EV (electric vehicle) cars in all of 2020,” Ives estimated in a note published Saturday.… Continue reading Tesla has made about $1 billion in profit on its bitcoin investment, analyst estimates