Illustration: Lucid / Jason Torchinsky If we look at figures, what we are, then it is safe to say so Light seems to have a really viable Tesla competitor on its hands with its upcoming car, the Air. Earlier this month, Lucid announced the expected range of the Air, 517 …
Read More »Tesla will increase 15% to take height on demand from China and battery control, says Wedbush bull
Aly Song / Reuters Tesla’s mammoth rally through 2020 has room to run as demand rises in China and Battery Day arrives, Wedbush analyst Dan Ives said on Monday. The analyst raised its price target for Tesla shares to $ 1,900 from $ 1,800, implying a 15% jump to record …
Read More »Tesla has increased 20% since announcing a stock split 2 days ago (TSLA)
Reuters Tesla has been rallying since announcing on Tuesday that it would end a 5-for-1 action split in late August. Shares of motorist jumped 13% on Wednesday and climbed as much as 6% on Thursday. The stock split does not fundamentally change the company, but should appeal to smaller investors. …
Read More »Elon Musk splits Tesla stock market after rising stock prices
Elon Musk’s Tesla is set to make its shares more affordable for supporters after announcing a five-way stock split, the first in its history, on the back of a record year of growth for the electric car maker. The company said on Tuesday that the share split would be made …
Read More »Xpeng Motors, Chinese Tesla rival, files for IPO of New York
Xpeng Motors latest electric car is called the P7. Xpeng Motors Chinese startup electric car Xpeng Motors has filed for an initial public offering (IPO) on the New York Stock Exchange, according to an official statement. While the company did not disclose how many Class A common shares it would …
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