Tesla (TSLA) was climbing higher yesterday after its best week in a while as Elon Musk shared a pleasant surprise update with investors. He visited China to meet with Li Qiang and gained approval to move forward with its Full Self-Driving (FSD) software for the country’s electric vehicles. Musk also gained the go-ahead to [...]
Tesla (TSLA) delivered earnings for the third quarter yesterday, sending shares more than 10% lower in a single day and reaching its lowest point in more than 2 months. The stock continued that trajectory into Friday’s trading session and is down 5% so far this morning. While revenue did climb 13% year over year [...]
Despite not being the center of the labor dispute in the automotive industry, all eyes are on Tesla (TSLA) right now. The company doesn’t have a union-based workforce - so while GM, Ford, and Chrysler face challenges in light of a strike, Tesla should be able to pull ahead in the EV race. However, [...]
Tesla continues to be put on the back burner as Elon Musk dedicates his attention - and now, his resources - to Twitter. Since purchasing the social media platform for roughly $44 billion, Tesla has slowly but surely started to fall. And investors are finally starting to ask - is now the time to [...]
A Canadian pension fund (Public Sector Pension Investment Board) recently made dramatic changes to its portfolio. PSP Investments currently manages over $180 billion in assets, so this news has investors scratching their heads, wondering if they should follow suit. After cutting positions in three top tech companies - Apple, Tesla, and Microsoft - they [...]
Tesla shareholders voted overwhelmingly to approve a 3-for-1 stock split - at a ratio of 815 million for and just a measly 9 million against. Stock splits are typically done in an effort to make a company’s stock more accessible to new investors. We usually view a stock split as a positive signal of [...]
