Tesla Inc. TSLA Shares, -3.81% it dropped 3.81% to $ 1,430.76 on Friday, in what turned out to be a favorable trading session for the stock market, with the NASDAQ Composite Index COMP, + 1.48% increasing 1.49% to 10,745.27 and the DIA Jones Industrial Average DJIA, + 0.43% increasing 0.44% …
Read More »Tesla Inc. Shares Fall Friday, Underperforming
Tesla Inc. TSLA Shares, -3.81% it dropped 3.81% to $ 1,430.76 on Friday, in what turned out to be a favorable trading session for the stock market, with the NASDAQ Composite Index COMP, + 1.48% increasing 1.49% to 10,745.27 and the DIA Jones Industrial Average DJIA, + 0.43% increasing 0.44% …
Read More »Electric vehicles are still hot. Li Auto Jumps on the first day of trading.
Text size LI Auto via Weibo Chinese electric vehicle startup Li Auto set the price for its initial public offering on Wednesday night. The shares opened for trading on Thursday, and were up a lot. Confirm at least one thing: electric vehicle stocks are still hot. Li Auto (ticker: LI) …
Read More »EV Stock NIO rally has gone too far, says Goldman
Text size Goldman Sachs analyst Fei Fang downgraded US depositary receipts from Chinese electric vehicle maker NIO to Sell from Hold. ADRs are falling on Friday, but that’s after nearly doubling in the past month. Photography by Giulia Marchi / Bloomberg Recovery of a stock of electric vehicles has gone …
Read More »Nio shares fall after Goldman Sachs turns bearish on valuation concerns
Shares of Nio Inc. NIO, -9.42% It plunged 6.8% in premarket trading on Friday after Goldman Sachs analyst Fei Fang turned bearish on the China-based electric vehicle maker, citing valuation concerns. It cut its rating to sell, after being neutral since early October. Its target share price is $ 7, …
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