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EV sales declined this year, which is bad news for two smaller players. But one industry giant still has plenty of juice in its battery.
FEATURE S&P 493. A wave of selling in technology stocks overshadowed an otherwise decent day on Wall Street. The Nasdaq Composite dropped 1%. The S&P 500 fell 0.5%. The Dow Jones Industrial Average fell 42 points, or 0.
Small caps hit a new high but Tesla, Broadcom, AppLovin and Wells Fargo weighed on the major indexes. Nvidia chipmaker Taiwan Semi looms.
Tesla (TSLA) concluded the recent trading session at $439.15, signifying a -1.8% move from its prior day's close.
Elon Musk, CEO of Tesla, Inc. (NASDAQ:TSLA) and xAI, voiced criticism of the AI partnership between Apple, Inc. (NASDAQ:AAPL) and Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) announced on Monday. In a post on X replying to the News from Google account, Musk questioned the partnership as possibly allowing Google too much "power," considering it owns the Android operating system and Chrome browser. "This seems like an unreasonable concentration of power for Google, given that the[y] also have Andro
Tesla is dumping the one-time fee for its Full Self-Driving product in favor of a subscription-only model.
A rotation away from large technology stocks dragged down the major indexes on Wednesday. The Nasdaq Composite fell 1%. The S&P 500 dropped 0.6%. The Dow Jones Industrial Average fell 66 points, or 0.
Bank earnings set the tone this week as investors also remained on alert for developments in Iran.
Consumer stocks were mixed late Wednesday afternoon, with the State Street Consumer Staples Select S
A rotation away from Big Tech and into smaller stocks was a big drag on the Nasdaq Composite on Wednesday. The tech-heavy index fell 1.2%, while the S&P 500 was down 0.7%. The Dow was down just 100 points, or 0.2%.
Data suggest Tesla's share of the US electric vehicle market is increasing. The automaker is boasting a 59% stronghold in EVs as of Q4. GM board member and DVX Ventures Co-Founder and CEO Jon McNeill says he continues to look for market share gains from newer EV entrants like GM, Hyundai, and Toyota. He speaks with Scarlet Fu on "Bloomberg Markets."
Tesla CEO Elon Musk has made some audacious claims in his time. The $40,000 Cybertruck, Tesla Cybercab, and Roadster all represent promises made, and broken, by Musk in recent years. Q4 Model 3 and Y deliveries: 406,585Q4 all other models deliveries: 11,642Q4 Model 3/Y ...
Bank earnings set the tone this week as investors also remained on alert for developments in Iran.
Ford Motor Company (NYSE:F) is one of the Undervalued Cyclical Stocks to Invest In. On January 7, CNBC reported that Ford Motor Company (NYSE:F) has plans to introduce its autonomous driving technology in its $30,000 all electric vehicles by 2028. This development will put the company in the race with some leading AV technology companies, […]
24/7 Wall St. Analysts Eric Bleeker and Austin Smith are kicking the New Year off in style with 12 trends for AI investors to watch in 2026. Over the course of 12 videos, the two will share their thoughts on everything from the memory explosion to software stocks to robotics. In this video, Eric and Austin focus on recent developments in self-driving cars. Specifically, NVIDIA just launched its new Alpamayo suite of self-driving models. That move serves as a level of validation to Tesla's vision-only strategy, but also could create more competition for Tesla as well. Eric and Austin also look at the growth rate of Waymo's ridership in 2026.