Tesla (TSLA – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Elizabelle Pang
Potential buyers are finally seeing some signs that X might be bouncing back after the platform reportedly suffered serious losses under Elon Musk.
Dan Levy, Barclays senior equity research analyst, joins CNBC's 'The Exchange' to discuss outlooks on Tesla's earnings.
On the Tesla front, Musk said robotaxis with unsupervised Full Self Driving technology will begin picking up fares in Austin, Texas, beginning this June. “I’m confident we’ll release unsupervised FSD in California (this year), as well,” he said.
The world's richest man, now firmly embedded in the Trump administration, has lost over $11 billion since the start of the year.
His efforts to “repel the disastrous invasion of our country” by migrants and drugs from Mexico and Canada may soon include stemming the passage of cars. A promise to impose sweeping tariffs on “day one”,
Tesla investors are eagerly awaiting details on the automaker's plans for a lower-priced electric vehicle model
That answer may well be true. After all, sales of purely internal combustion vehicles have been in decline globally since 2018. Last year, EVs and hybrids together made up 20% of U.S. new car sales and that number is significantly higher globally, propelled especially by China, where EVs alone make up 50% of new car sales.
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings — a set-up that usually spells high expectations for upcoming results. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
Despite falling 4.51% over the last five days, Elon Musk's Tesla has surged 108.50% over last year, making it over 4x expensive than peers.
Musk has tried several different ways to boost X’s profits, including making users pay for verification, something that had previously been given to users of notoriety and journalists. On Tuesday, the company’s CEO Linda Yaccarino announced a new deal with Visa for peer-to-peer payments on X.