The first Zeekr model will be based on the “Zero Concept” car unveiled last September by Geely-owned Lynk & Co. China’s biggest carmaker Geely is launching a premium electric car brand it hopes will take on Tesla. The Chinese company, which owns Volvo and Lotus, announced its Zeekr brand on Tuesday to tap into China’s demand for electric vehicles (EVs). It comes as Elon Musk goes on the charm offensive in China praising its plans to tackle carbon emissions. The Tesla founder has seeking to allay… Source link
Read More »Tesla stock is off its high, but it’s not ‘on sale’: trader
TipRanks Analysts Say ‘Buy the Pullback’ in These 3 Stocks The savvy investor knows that the best time to buy is when a stock is priced low – it’s just the old game of ‘buy low and sell high,’ the age-old advice on how to make money. But with the S&P at near record levels, it’s hard to tell when a stock is priced low. The key is just to take them as individuals. The stock market is the world’s greatest real-time experiment in averaging over large mass numbers. The markets as a… Source link
Read More »China restricting Tesla use uncovers a significant challenge for Elon Musk: expert – Yahoo Finance
TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on… Source link
Read More »U.S. investigating suspected Autopilot Tesla crash into police vehicle
TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next three months, perhaps by as much as 5% to 10%, for several reasons laid out by the firm’s strategist Binky Chadha. “The more front-loaded the impact of the… Source link
Read More »This CEO drives a supercharged Tesla and a 707 horsepower Jeep, and also leads a 118-year auto parts making legend
As you could imagine, the CEO of legendary aftermarket auto parts maker Holley, Tom Tomlinson, has one heck of a garage at home. “I recently completed a 1973 Camaro — it looks like a 1973 Camaro on the outside, but everything underneath the skin is a modern supercar,” Tomlinson told told Yahoo Finance Live. Tomlinson, dabbles in building restomods, owns a Tesla Model 3 Performance and the 707 horsepower Jeep Trackhawk. This writer isn’t keen on being the bearer of bad news to a fellow car… Source link
Read More »Hackers Breach Thousands of Security Cameras, Exposing Tesla, Jails, Hospitals
(Bloomberg) — A group of hackers say they breached a massive trove of security-camera data collected by Silicon Valley startup Verkada Inc., gaining access to live feeds of 150,000 surveillance cameras inside hospitals, companies, police departments, prisons and schools. Companies whose footage was exposed include carmaker Tesla Inc. and software provider Cloudflare Inc. In addition, hackers were able to view video from inside women’s health clinics, psychiatric hospitals and the offices… Source link
Read More »Tesla, FAANG-Led Nasdaq Rebound Unlikely To Last For Long, Wharton Professor Warns
TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link
Read More »Are Chinese Car Brands A Real Threat To Tesla?
While China turns to local brands of EV over Tesla, Indonesia’s natural resources show great potential for its battery manufacturing industry. Asia is starting to look like it may overtake the U.S. and Europe in the electric vehicle market as the effects of the global pandemic are steadily improving. Consumer research carried out by CNBC suggests that Chinese consumers are primarily concerned about price and driving range when considering EVs. In 2020, despite the fall in demand in the… Source link
Read More »Tesla Is Bleeding Battery EV Market Share To Ford’s Mustang Mach-E: Morgan Stanley
Bloomberg OPEC+ Silence Leaves Oil Market Guessing Next Supply Move (Bloomberg) — OPEC and its allies kept oil-watchers guessing about their next move, after a day of preliminary talks offered few clues as to whether the market will get the April supply increase it’s been expecting.Saudi Arabia and Russia, leaders of group, held bilateral talks on Wednesday, seeking common ground as Riyadh urges caution and Moscow presses to raise output, a delegate said. While OPEC+ is still widely… Source link
Read More »Tesla Former Board Member Says Elon Musk Company Won’t Remain ‘King Of The Hill In Electric Forever’
The Conversation Why using reconciliation to pass Biden’s COVID-19 stimulus bill violates the original purpose of the process Speaker of the House Nancy Pelosi and other top Democrats meet with reporters before the House voted to pass a $1.9 trillion pandemic relief package on Feb. 26, 2021. AP Photo/J. Scott ApplewhiteReconciliation – it’s a term federal budget experts would understand, but for the rest of us, it sounds like what you do with a family member you haven’t talked to in… Source link
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