Published: August 12, 2020, 4:25 PM ET Company Logo Terrence Horan Shares of Tesla Inc. TSLA jumped 13.12% to $ 1,554.76 on Wednesday, proving to be a very positive trading position for the stock market, with the NASDAQ Composite Index COMP rising 2.13% to 11,012.24 and the Dow Jones industrial …
Read More »GM Financial Chief Dhivya Suryadevara steps down in surprise departure
General Motors Co. Chief Financial Officer Dhivya Suryadevara will leave the company for online commercial company Stripe Inc., a surprise departure for one of the auto-maker’s fastest-growing stars. GM confirmed Tuesday that Ms Suryadevara has left the company for an unknown opportunity outside the auto industry. Stripe in San Francisco …
Read More »How China could repay against Apple and Tesla for TikTok and WeChat connections
Text size Transversospinales / Dreamstime Let us assume that the Trump administration is advancing its threats to stop American companies from working with both ByteDance unit TikTok and Tencent Holdings-owned WeChat. What will the Chinese government do in response? Amber analyst Toni Sacconaghi has pondered that question. He owns both …
Read More »Nikola sells 2,500 garbage trucks. It’s not the Badger, but it’s a better deal.
Text size Nikola also has plans to build driveways with long trainers and a pick-up truck. Courtesy Nikola Nikola shares fell Tuesday, following a 22% bounce on Monday following the announcement of an order for 2,500 battery-powered trucks from waste dumps Republic Services. Investors were hungry for treat of customers, …
Read More »Tesla Inc. stock falls Monday, underperforming the market
Shares of Tesla Inc. TSLA, -2.35% hit 2.35% to $ 1,418.57 on Monday, proving to be a very mixed trading session for the stock, with the Dow Jones Industrial Average DJIA, + 1.30% with 1.30% increase to 27,791.44 and the NASDAQ Composite Index COMP, -0.38% falling 0.39% to 10.968.36. This …
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