Nikola Completes Merger and Drives onto the NASDAQ
Stock price doubles in the first week and market cap briefly surpasses Ford with $10B in pre-booked revenue but sales forecasted to start only in 2021. [more]
Stock price doubles in the first week and market cap briefly surpasses Ford with $10B in pre-booked revenue but sales forecasted to start only in 2021. [more]
The positive gain is not a green tide for each constituent in the Tech Index. Less than half of the stocks (47) are positive for the year with 19 stocks up 20% or more year-to-date but, at the bottom, 17 stocks are down 20% or more for the year. [more]
The Federal Reserve and the Treasury Secretary announce new extensive measures to support the economy, which brings comments from Duquesne Family Office, Blackrock, Miller Value Partners, The Leuthold Group, and Appaloosa Management. [more]
Tesla’s stock price is up 108% and Nikola announces an RTO on the NASDAQ. The EV industry has surged during the past 5 years, but the onset of the COVID-19 virus has affected automobile supply chains and retail operations globally. [more]
Tesla Q4/2019 Earnings Beat Consensus Estimate, GM Invests $2.2B into EVs, and UPS buys 10,000 EVs. [more]
Tesla starts EV deliveries at Shanghai facility. General Motors partners with a Korean company to build one of the world’s largest battery plants. Start-up Lordstown Motors plans to launch its electric pick-up truck in 2020. [more]
Tesla’s stock price soared after the earning’s announcement. EV industry is expected to grow by over 25% CAGR over next 6 years while Volvo launches an EV XC40 to compete but Dyson exists the EV market. [more]
Tesla (NASDAQ: TSLA) reported Q3/2019 global sales of 97,000 electric vehicles, which missed Factset’s estimate target of 99,000, with a 1.8% sales growth quarter-over-quarter compared with a 51% growth in Q2/2019. [more]
In an effort to revive the sagging fortunes of their solar business, Tesla (NASDAQ: TSLA) announced that they would offer the option of renting solar rooftop systems to customers. [more]
Tesla reported global sales of 95,200 electric vehicles, a 51% increase compared with the previous quarter. [more]
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