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 …
Read More »Tesla shares skyrocket to yet another record after street’s most bearish analyst raises target price
Tesla Inc. TSLA Shares, + 7.95% It shot up 6.2% in pre-market trading on Monday, setting it open for another record, as even the most bearish analyst on Wall Street turned slightly less bearish, after delivery data. Better than expected from the electric vehicle maker released last week. The stock …
Read More »Stock futures are going nowhere. There is a message in the market unrest.
Text size Photograph by Michael Nagle / Bloomberg On Sunday night, the stock market is doing what it seems to do best these days: go sideways. Dow Jones Industrial Average futures are up 90 points, while S&P 500 futures are up 8 points, and Nasdaq compound futures are up 0.4%. …
Read More »Boeing killed its 747 Jumbo Jet. This is why.
Text size Photograph by KAMIL KRZACZYNSKI / AFP via Getty Images Bloomberg reported Thursday that defense and aerospace business giant Boeing is unplugging its iconic double-decker 747 jumbo jet. It is a decision that has taken a long time to arrive. But it is not a surprise. The move was …
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