Text size Al Bello / Getty Images Apple shares climbed to new highs on Monday, crossing the $ 1.7 trillion valuation level for the first time and approaching $ 400 a share, as two more analysts raised the company’s price targets ahead of quarterly earnings. June due July 30. Bullish …
Read More »Tesla’s shares soared. Then $ 55 billion was stripped of its value.
Text size Monday’s reversal was the biggest change from positive to negative for Tesla since June 30, 2010, one day after it went public. Photography by Andreas Dress After a wild Monday, Tesla shares lost about $ 55 billion from their intraday peak and closed 3.1%, after rising more than …
Read More »Tesla earnings on tap next week: Will a loss end his comeback?
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 »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 …
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