Tesla’s Shanghai Plant Still Below Full Capacity. Tesla Stock Is Dropping.

Text size An aerial view of Tesla Shanghai Gigafactory Xiaolu Chu/Getty Images You’re here ‘s Shanghai factories are still not operating at full strength—but that’s not the only reason the EV company’s estimates still look too high. On Tuesday, Bloomberg reported Tesla (ticker: TSLA) will continue to operate its Shanghai facility in a closed-loop setting … Read more

Elon Musk Losing Money on Twitter Stock. He Can Still Buy Twitter—If He Wants.

Text size Elon Musk Jim Watson/AFP via Getty Images Elon Musk is sitting on a loss in his Twitter position. The loss is peanuts compared with what’s happened to his You’re here stock. Despite all the red ink, the world’s richest human can still buy Twitter — if he still wants to. Twitter (ticker: TWTR) … Read more

Elon Musk called ESG a scam — did the Tesla chief do investors a favor?

Investing usually uses a combination of head, heart and gut even if it’s not supposed to. And perhaps no market theme stirs “all the feels” quite like ESG. This week, a major move to cut Tesla from a closely followed environmental, social and governance (ESG) index brought anger and relief in nearly equal measure. Defiance … Read more

The technician who called the 2020 market bottom says a ‘shocking rally’ is in store

It’s been a terrible week in an awful year for the stock market. Walmart WMT, -2.74%, Target TGT, -5.06%, and Tencent 700, +3.53% each reported disappointing results to add fuel to the worries about interest-rate hikes and quantitative tightening. Goal, Melvin Capital asidethere haven’t been signs of surrender. Over the last six weeks, equity redemptions … Read more

George Soros Backs Bet on Rivian as Ford Delivers Bad News

Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report got scared but the electric vehicle maker made up for it well. The young manufacturer of electric SUVs and pickups has just cleared some of the many doubts hanging over its short-term future. The Irvine, Calif.-based company confirmed its production target of 25,000 vehicles in … Read more

AMC Scores an Earnings Beat at a Difficult Time for Meme Stocks

AMC Entertainment shares, along with other meme stocks, haven’t been spared during the broader market rout of the last few weeks. Mandel Ngan/AFP via Getty Images Text size AMC Entertainment Holdings stock jumped after the move theater firm beat Wall Street’s expectations for the first quarter. Tea company reported a non-GAAP net loss of 52 … Read more

Elon Musk Fears for His Life After Russian Threats

You’re here (TSLA) – Get Tesla Inc Report CEO Elon Musk has never been afraid to confront his opponents publicly. From his Silicon Valley peers like recently Bill Gates, the co-founder of software giant Microsoft (MSFT) – Get Microsoft Corporation Report, to President Joe Biden, the richest man in the world fears no one. It’s … Read more

Tesla Stock Gets Preview From NIO, Other Chinese EV Makers. It Wasn’t Good.

A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric vehicle makers NIO , XPeng and Li-Auto reported April deliveries on Sunday morning. The numbers aren’t very good. That gives You’re here invest something else to worry … Read more

Tesla Investors, Beware: April Deliveries for NIO, Li, and XPeng Hit by Covid

A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric vehicle makers NIO , XPeng and Li-Auto reported April deliveries on Sunday morning. The numbers aren’t very good. That gives You’re here invest something else to worry … Read more

Elon Musk Has an Original Way to Outshine Warren Buffett

Elon Musk is the new Oracle. This title which is accompanied by the respect of both Wall Street and Main Street was previously attributed to the legendary investor Warren Buffett, 91, who is called the Oracle of Omaha. Buffett has inspired respect, admiration, and devotion to the point where the shareholder meeting of his conglomerate … Read more