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October 25, 2021

Tesla Inc

Tesla-Hertz EV deal signals to national rental car fleets it’s time to go electric

CNBC
CNBC – For more and to sign up click here The economics of the rental car industry give companies including Avis Budget Group and Enterprise Holdings multiple reasons to go slow on the adoption of electric vehicles. Just think of how much money they make every time a renter forgets......

Trump SPAC Digital World Acquisition drops 10% after huge gains on social media merger news

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CNBC – For more and to sign up click here The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images The SPAC stock linked to Donald Trump’s planned social media platform sharply dropped in price Monday afternoon after booking......

Tesla shares rise after Hertz says it will buy 100,000 electric vehicles

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CNBC – For more and to sign up click here Close up of Tesla logo on a charger at a Supercharger rapid battery charging station for the electric vehicle company Tesla Motors, in the Silicon Valley town of Mountain View, California, August 24, 2016. Smith Collection/Gado | Archive Photos |......

Stocks making the biggest moves in the premarket: Pinterest, PayPal, Tesla and more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Pinterest (PINS) – Pinterest shares tumbled 13.2% in premarket trading after PayPal (PYPL) said it was not pursuing an acquisition of the social media company at this time.......

Chinese EV maker Xpeng launches upgraded semi-autonomous driving features in a challenge to Tesla

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CNBC – For more and to sign up click here A new Xpeng P7 car is shown in the Xpeng Motors flagship store in a shopping mall. Xpeng P7 is one of the two popular models of Xpeng motors. Zhang Peng | LightRocket | Getty Images GUANGZHOU, China — Chinese......

Big Tech earnings in the week ahead could test stocks’ recent rally

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Wednesday, Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images An earnings avalanche is coming in the week ahead that could put the stock......

Tesla shares hit all-time high

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CNBC – For more and to sign up click here Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla shares hit an all-time high on Friday, surging above $900 a share shortly......

ESG will create financial bubbles just like crypto, banking body CEO says

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CNBC – For more and to sign up click here Financial bubbles will form as investors scramble to make deals in the sustainability space, according to Tim Adams, the president and CEO of the Institute of International Finance. Speaking during a panel at CNBC’s Sustainable Future Forum on Thursday, Adams......

Tesla delivered 241,300 vehicles in the third quarter, topping expectations

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CNBC – For more and to sign up click here Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company reported Saturday. The quarter’s deliveries topped expectations. Analysts predicted that Tesla would deliver around 220,900 electric cars during this period, according to estimates compiled by StreetAccount as of......

Rivian, electric vehicle maker backed by Amazon and Ford, files to go public

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CNBC – For more and to sign up click here Amazon’s new delivery van Amazon Rivian Automotive, a company developing electric vehicles, including commercial delivery vans for Amazon, on Friday filed for an initial public offering on the Nasdaq. The company aims to trade on the Nasdaq under the ticker......

Auto executive turned international fugitive Carlos Ghosn says German automakers are best positioned to challenge Tesla

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CNBC – For more and to sign up click here Auto executive turned international fugitive Carlos Ghosn believes German automakers are best positioned to challenge electric vehicle leader Tesla. Ghosn, speaking from Lebanon where the former Nissan chairman fled to allude Japanese authorities, mentioned Mercedes-Benz and Volkswagen specifically during an......

One-time big Tesla bull Chamath Palihapitiya says he sold his position

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CNBC – For more and to sign up click here Chamath Palihapitiya, Social Capital Founder and CEO CNBC Chamath Palihapitiya revealed that he sold his Tesla position for capital to invest in other investment ideas. The Social Capital Founder and CEO said that he exited his bet on the Elon......

A flippant Elon Musk takes shots at Biden, the SEC and anti-nuclear sentiment

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CNBC – For more and to sign up click here Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year. Patrick Pleul | picture alliance | picture alliance | Getty Images SpaceX and Tesla CEO Elon Musk expressed his displeasure with President Joe......

Why a top climate investor is worried about all the market money in Tesla

CNBC
CNBC – For more and to sign up click here Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. Aly Song | Reuters Climate investing is for real and is here to stay, according to Jim Coulter, TPG executive......

Stocks making the biggest moves premarket: Micron, Eli Lilly, Netflix, Lucid and more

CNBC
CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Micron Technology (MU) – Micron reported adjusted quarterly earnings of $2.42 per share, 9 cents above estimates, with the chip maker’s revenue also topping Street forecasts. However, its current-quarter forecast fell......

Critical chip machine maker ASML predicts a sales boom over the next decade

CNBC
CNBC – For more and to sign up click here ASML Holding Semiconductor company logo seen displayed on smart phone. ASML is a Dutch company and currently the largest supplier in the world of photolithography systems for the semiconductor industry. ( SOPA Images | LightRocket | Getty Images ASML has......

Tesla CEO Elon Musk says U.S. government should avoid regulating crypto

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CNBC – For more and to sign up click here Tesla CEO Elon Musk on Tuesday said the U.S. government should steer clear of trying to regulate the crypto market. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,”......

Stocks could slide further as interest rates rise and Big Tech drags the market

CNBC
CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange, with Blend signage, July 16, 2021. Source: NYSE Strategists see more selling ahead after stocks sold off Tuesday, led downward by tech and large cap growth names. A sharp jump......

EV start-up Lucid begins production of flagship Air sedan ahead of customer deliveries

CNBC
CNBC – For more and to sign up click here Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle start-up Lucid on Tuesday said production of its first cars for......

Ford CEO Farley says automaker’s stock has ‘tremendous upside’ even after doubling in his first year

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CNBC – For more and to sign up click here DETROIT – Ford Motor‘s stock price has more than doubled since Jim Farley became CEO a little less than a year ago, and yet he says the shares “absolutely” have more room to run as he begins to lay the......

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