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Tag: Automotive sector

Business

Tesla shares go down. His analyst meeting was missing one important thing.

Drathby DrathMarch 2, 20230

Text size Tesla held its 2023 investor event at its new assembly plant in Austin, Texas. AFP via Getty Images Tesla Wednesday hosted its highly …

Business

Tesla shares fall 5% as Elon Musk’s ‘Master Plan 3’ falls short on details on cars and finances

Drathby DrathMarch 2, 20230

Shares of Tesla Inc. plunged more than 5% in the extended session Wednesday after the EV maker teased a “next-generation” EV platform but stopped short …

Business

Rivian shares tumble after gains. Because Wall Street isn’t worried

Drathby DrathMarch 1, 20230

Text size Rivian plans to roughly double production in 2023 to approximately 50,000 vehicles. Wall Street wanted more. Spencer Platt/Getty Images Electric start of the …

Business

Elon Musk aims to bring Tesla shareholders together around the long-term vision at Investor Day

Drathby DrathMarch 1, 20230

AUSTIN, Texas— Elon Musk aims to rally Tesla Inc. TSLA -0.92% investors around its strategy to outsmart the competition as the EV leader strives to …

Business

AMC stock plunges after 14th straight quarterly loss, fourth straight year in the red

Drathby DrathFebruary 28, 20230

AMC Entertainment Holdings Inc. reported a loss for the 14th consecutive quarter and fourth consecutive year on Tuesday, and shares fell in after-hours trading. The …

Business

AMC reports earnings today. What to expect.

Drathby DrathFebruary 28, 20230

Text size AMC stock slipped in trading on Tuesday, but its preferred stock units rallied. Scott Olson/Getty Images AMC Entertainment Holdings is going to give …

Business

Fisker shares jump 30% as deliveries of Ocean electric vehicles are slated for spring launch

Drathby DrathFebruary 28, 20230

Fisker’s Ocean SUV on display at the Paris Auto Show last year. Photo: Michel Euler/Associated Press Updated Feb 27, 2023 at 7:17 PM ET Fisker …

Business

Tesla Investor Event Will Move Stock. Wall Street expects it to crash.

Drathby DrathFebruary 27, 20230

Text size The cars that Tesla now offers average about $55,000, putting them in luxury-car territory. Justin Sullivan/Getty Images Tesla Wednesday’s investor event is a …

Business

Tesla, Salesforce, Target, Zoom, Goldman Sachs, Costco and more stocks for investors to watch this week

Drathby DrathFebruary 26, 20230

Text size The end of the fourth quarter earnings season and several economic indicators will be the highlights this week. With around 35 companies left …

Business

Tesla Analyst Day is next week. Four things to look out for.

Drathby DrathFebruary 25, 20230

Tesla will host a much-anticipated investor event on March 1. There will be a lot of discussion, including Tesla’s growing energy business and increased cash …

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