Tesla Inc
‘That’s it?’ Morgan Stanley rips Tesla robotaxi event for lack of detail
Wall Street has been fairly hot-and-cold on Tesla stock this year — and its highly anticipated robotaxi unveiling on Thursday isn’t helping to improve investor sentiment. Morgan Stanley’s Adam Jonas said he walked away particularly underwhelmed. “We were overall disappointed with the substance and detail of the presentation. As such, we anticipate TSLA to be […]
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Stocks making the biggest moves premarket: Wells Fargo, JPMorgan, Tesla, Stellantis and more
Check out the companies making headlines in premarket trading. Wells Fargo — Shares of the San Francisco-based lender rose 3%, helped by better-than-expected earnings. Adjusted earnings came in at $1.52 per share, above the consensus estimate of $1.28 based on a survey of analysts by LSEG. However, the bank’s revenue of $20.37 billion came in […]
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Tesla shares drop 5.5% in premarket after Cybercab robotaxi reveal fails to impress
Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California. Shares of electric vehicle maker Tesla sank after the company’s long-awaited robotaxi event — where CEO Elon Musk unveiled the firm’s Cybercab self-driving concept car — failed to impress investors. Tesla stock was down 5.5% as of 4:55 a.m. ET in premarket trading on Friday. Musk […]
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Elon Musk hypes $30,000 Tesla self-driving Cybercab and larger Robovan at robotaxi event
Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California. After a decade of unfulfilled promises about driverless vehicles, Tesla CEO Elon Musk hyped the company’s Cybercab concept on Thursday night, showing off a low, silver two-seater with no steering wheels or pedals. Rolling up to the stage in a Cybercab almost an hour […]
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Tesla robotaxi event comes after a decade of unfulfilled promises from Elon Musk
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters With Tesla’s hotly anticipated robotaxi event hours away, investors will soon get a glance at what […]
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Stocks making the biggest moves midday: First Solar, Tesla, CVS, TD Bank and more
Check out the companies making headlines in midday trading: First Solar — The solar stock slipped 8%, on pace for its worst day since July 15, after Jefferies cut its price target on the stock and said it expects First Solar’s third-quarter report to disappoint. Jefferies maintained its buy rating on the stock but said […]
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Stocks making the biggest moves premarket: Delta Air Lines, CVS Health, Nike and more
Check out the companies making headlines before the bell. Delta Air Lines – Shares fell nearly 5% after the airliner provided disappointing fourth-quarter revenue guidance . Delta anticipates revenue will rise between 2% and 4% from a year earlier, less than the 4.1% estimate, per LSEG. Third-quarter earnings per share and revenue also came in […]
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Here’s what investors need to know after GM’s capital markets day
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — Wall Street reacted to General Motors’ investor day on Tuesday with a shrug. Executives used the Detroit automaker’s event to focus on broad, near-term updates to the company’s operations in […]
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Baidu’s robotaxi unit is exploring expansion into global markets in the ‘near future’
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu‘s robotaxi unit, Apollo Go, is in talks with several firms to expand into overseas markets in the “near future,” according to a source familiar with the matter. No details […]
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Trump Media stock soars up to 19% as DJT extends longest rally since June
Pavlo Gonchar | Lightrocket | Getty Images Shares of Trump Media surged more than 19% on Tuesday, putting the Truth Social operator on track for its fourth straight day of gains — its longest positive price streak since June. DJT shares at one point jumped to $22 in extremely heavy trading, nearly 90% higher than […]
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