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 »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 …
Read More »Tesla founder Elon Musk shows short sellers on Twitter
Text size Elon Musk, CEO of Tesla and SpaceX, poses on the red carpet when he arrives at the 43rd “Goldenes Lenkrad” (golden flyer) on November 12, 2019 in Berlin. Photo by Tobias SCHWARZ / AFP AFP via Getty Images Tesla CEO Elon Musk is, frankly, a huge follower of …
Read More »PG&E Stock is going up to start its first day of bankruptcy
Text size Justin Sullivan / Getty Images Pacific Gas and Electric shares opened higher on the first day of trading for the California utility company after emerging from bankruptcy. PG&E (ticker: PCG) requested the Chapter 11 reorganization in January 2019 after it was discovered that their team caused some of …
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