Shares of Tesla Inc. TSLA, -3.11% rose 6.1% in prime trading on Wednesday after falling 7.7% amid a 3-day losing streak, following the announcement of the electric car maker’s announcement of a 5-for- 1-share split. Analyst Ben Kallo at Baird reiterated the neutral rating he had on the stock market …
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 »NIO Beat expectations about profit. Here’s why his forehead falls.
Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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 »NIO Beat expectations about profit. Here’s why his forehead falls.
Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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