Tesla Inc.’s second-quarter results come amid yet another massive stock recovery, which is now more expensive than shares in Google’s parent company Alphabet Inc. and other consistently profitable heavyweights. The Silicon Valley automaker is expected to report quarterly numbers next Wednesday after the bell. An analyst call will follow at …
Read More »Tesla’s shares have more than doubled this year. Why this investor is still a fanatic.
Text size The Tesla showroom and service center in Amsterdam. (Photo by JOHN THYS / AFP via Getty Images) AFP via Getty Images This conversation with Baillie Gifford’s partner and global equity chief James Anderson about Tesla’s shares is excerpted from Barron’s recent mid-year Roundtable, released on July 10. To …
Read More »Spartan buys Fisker for $ 2.9 billion. What it says about hot electric vehicle stocks.
Text size Fisker believes that Ocean is the world’s most sustainable all-electric SUV. Courtesy of Fisker. It’s official. Spartan Energy Acquisition is buying California-based electric vehicle maker Fisker in a deal that values the startup at $ 2.9 billion, another $ 1 billion valuation for the ultra-powered alternative fuel space. …
Read More »Tesla Stock is way out there. It may be time to tread lightly.
Text size Tesla said it delivered more than 90,000 cars in the second quarter. Photograph by Spencer Platt / Getty Images Tesla‘s The gains have pushed stocks as far as possible from the Wall Street average price. That could be a risk for bullish investors. Tesla (ticker: TSLA) shares gained …
Read More »Why might NIO, Tesla, and other EV actions be in bubble territory?
Text size Workhorse, NIO, Tesla, Nikola, and Tortoise have gained nearly 180% in the past month. Now its shares are trading, on average, 146% above Wall Street’s price targets. When stocks go up like this, they become difficult to value. STR / AFP via Getty Images Shares of an electric …
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