Tesla could increase another 71% from current levels, as it unlocks more growth potential in China, says one analyst
Reuters Tesla’s meteoric rise is set to continue as it capitalizes on robust growth from China, according to Wedbush. In a note published on Sunday, Wedbush said that in a bull scenario, Tesla could jump another 71% from current levels to $ 3,500. Pent-up demand for its cars in China, …
Read More »These are the warning signs when Russia was about to invade Belarus
MOSCOW, RUSSIA – JUNE 24, 2020: T-80BVM tanks drive to Vasilyevsky Spusk Square for victory … [+] Day military parade marks the 75th anniversary of World War II victory. Victory Day parades across Russia have been postponed from May 9 to June 24 due to restrictions imposed to prevent the …
Read More »Apple seems all set to double down on this massive smartphone market
India is the world’s largest market for smartphones. It surpassed the U.S. for that spot in 2019 as shipping increased 7% in the previous year to 158 million units, according to Counterpoint Research. But the more price-sensitive character of that market means that it is the third largest smartphone maker …
Read More »LIDAR launches Luminar goes public via ‘reverse merger’
Luminar, a Florida-based startup that manufactures LIDAR sensors and other components that are essential for autonomous driving technology, is the latest transportation company to go public through a ‘reverse merger’ with a dedicated purchasing company, or SPAC. The company announced Monday that it was merging with Gores Metropoulos, a so-called …
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