Tesla’s ‘Mind-Boggling’ Value Leads Bernstein to Downgrade
Tesla Inc.’s soaring valuation led to a downgrade by Sanford C. Bernstein analyst Toni Sacconaghi on July 28, who said it is difficult to justify the market capitalization even using best-case scenarios.
Nikola Plummets After Warrant Call Creates Selling Pressure
Nikola Corp. shares nosedived on July 20 as some investors will now be able to buy the company’s stock at a fraction of recent prices.
Tesla Shares Take a Breather After Historic Run
After a torrid rally that saw shares more than double since early May, Tesla Inc. is taking a pause on July 15, even as the broader market rises on the hopes for a coronavirus vaccine.
Tesla Soars on Optimism for ‘Battery Day,’ India Market, S&P
Tesla Inc.’s relentless surge continued July 13 amid several upcoming events that include the possible unveiling of new battery technology from the electric vehicle maker, entry into a lucrative new market and the potential inclusion of the stock into the prestigious S&P 500 Index.
Goldman Sachs: Buy Tesla and Stocks With Electric-Car Exposure
The significant pullback in U.S. auto stocks creates an opportunity for investors to own long-term growth names including Tesla Inc. and other companies exposed to electric vehicles, Goldman Sachs said.
Tesla Headed for More Than 50% Rally in Just Seven Sessions
Tesla Inc. is headed for its seventh straight session of gains after Credit Suisse upgraded the electric-car company whose stock has been on a tear since its first-quarter delivery report.
Pandemic Offers a Unique Shot at US Infrastructure Reform
Back in early 2017, investing in companies involved in infrastructure projects seemed like a smart idea, given newly elected President Donald Trump’s enthusiasm for building roads, bridges and walls. That it was also a spot of rare bipartisan agreement only bolstered the argument.
Tesla Zealotry on Street Fades as Focus Shifts to Fundamentals
The perpetual war between Tesla Inc.’s bears and bulls may finally be simmering down.
Barclays: Uber, Lyft ‘Well Positioned’ to Turn a Profit
A new analysis by Barclays Capital of about 2.4 billion taxi and ride-hailing trips in New York City addresses the biggest question investors have about Uber Technologies Inc. and Lyft Inc. When will they turn a profit?
GM Strike May Have Cost Over $1 Billion So Far, JPMorgan Says
The workers strike at General Motors Co., currently in its third week, already may have cost the carmaker over $1 billion, JPMorgan analyst Ryan Brinkman wrote in a note to clients.