Tag Archives: Teslas

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

(Bloomberg) — Die-hard Tesla Inc. investors might be forgiven for wondering why the thrill of owning the iconic carmaker’s stock has seemingly disappeared. After all, since catapulting over 700% last year, the shares have barely eked out a 3.4% advance in 2021. Meme stocks like GameStop have pushed Tesla out of the limelight, while Bitcoin has attracted almost all the buzz. But the electric-vehicle juggernaut’s first-quarter results on Monday might be just the thing to change all… Source link

While Tesla is laser focused on selling Chinese consumers more Model 3s, one of its chief rivals in the country Xpeng (XPEV) is already planning for a future of electric flying cars. And not only planning for it, putting its money where its mind is at. This week at the Shanghai Auto Show, Xpeng showed off its electric Heitech flying vehicle. It looks one part snowmobile, one part futuristic helicopter. The vehicle seats one person.  Xpeng Vice Chairman and President Brian Gu tells Yahoo… Source link

Tesla’s (TSLA) record-setting share price rally in 2020 coincided with what may have been an all-time high in the company’s share of the U.S. electric-vehicle market, according to at least one analyst.  “In the U.S., [Tesla has] more than quadrupled their market share in the U.S. electric vehicle market over the last five years,” Garrett Nelson, CFRA analyst, told Yahoo Finance Live on Monday. “But we think their market share is probably pretty close to a peak in 2020.”  “They just haven’t… Source link

Tesla is proving something other automakers dare not attempt: New technology + foolish drivers = death. Tesla (TSLA) and its audacious CEO, Elon Musk, deserve credit for revolutionizing electric vehicles and changing the paradigm of the stodgy auto industry. But Musk has sped ahead recklessly on another technology: the self-driving feature known as Autopilot, which has alarmed safety experts and contributed to an unprecedented pileup of deadly crashes. In the latest sensational Tesla crash, a… Source link

Shares of electric car giant Tesla (TSLA), which were under pressure through much of the first two months of the year, continued to claw their way back higher this week after Canaccord analyst Jed Dorsheimer released a note upgrading the stock from “hold” to “buy” — and nearly tripling his price target to $1,071 a share. (To view Dorsheimer’s track record, click here) Tesla, argued the analyst, holds a “several-year lead” over rival electric car companies around the world. And yet, the… Source link

Tesla could have made more in profits from its recent bitcoin investment than it has made selling EVs, Yahoo! Finance reported. When bitcoin hit the $50,000 mark for the first time ever, this continued the 2021 rally that has been sending it higher on increased adoption. Tesla purchased $1.5 billion in bitcoin last month, and even though it hasn’t revealed its average purchase price or how many bitcoins it holds, Tesla could be raking in the profits. In January, Bitcoin traded between… Source link

Bill Gates has a net worth of nearly $124 billion, according to Forbes. One way he’s putting some of that money to work is an investment effort to spur the private sector towards green innovation as a means to combat climate change. “You know, there’s probably some Teslas out there,” he told Yahoo Finance’s editor-in-chief, Andy Serwer, during a wide-ranging interview this week. But he added that “identifying who they are in advance” is the tricky part. Gates referred to the Elon Musk-led… Source link

Wednesday, February 10, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Tesla’s big bitcoin bet Tesla’s (TSLA) revelation Monday that it bought $1.5 billion worth of bitcoin (BTC-USD) has already paid off for the electric vehicle maker, with its holdings growing by 35% as of Tuesday, according to a Yahoo Finance analysis. But the good… Source link

Tesla (TSLA) might have a formidable new challenger in the high-tech self-driving electric car game, and it’s coming from an unlikely place: Apple (AAPL). Rumors that Apple is finally getting its automotive ambitions off the ground are hotter than ever, and multiple reports say it might have a partner for its so-called “Apple Car” in Hyundai-Kia. “For Tesla, Apple entering the EV race is a shot across the bow, and Hyundai is potentially a perfect EV marriage,” Wedbush analyst Dan… Source link