Tesla (TSLA) makes largest 12-day gain in the history of capital markets: report

Tesla (NASDAQ:TSLA) as a company is no stranger to doing things that were widely thought of as impossible. It made the stigmatized segment of electric vehicles exciting with cars like the original Roadster and the Model S. It also proved that battery production is the next great frontier with projects such as Gigafactory Nevada.  And […]

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Ford’s EV push gains momentum while balancing a lackluster October

Ford Motor Company reported a 4 percent reduction in sales in October 2021 compared to the same month a year earlier. However, the Detroit-based automaker’s push to electrification is giving Ford some positives from a lackluster month: the E-Transit is officially sold out, the F-150 Lightning has accumulated 160,000 pre-orders, and sales of the Mustang […]

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Tesla and Hertz have no binding contract in massive Model 3 deal

Tesla (NASDAQ: TSLA) and rental agency Hertz have no binding deal, according to Tesla CEO Elon Musk, who stated the two companies had not entered a legal partnership that would secure Hertz’s purchase of 100,000 Model 3 sedans. Last week, Tesla secured a massive order from Hertz for 100,000 units of the Model 3 electric […]

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Rivian IPO set to launch next week with initial valuation of over $60 billion

Rivian is set to launch its initial public offering next week with a proposed valuation of just over $60 billion, according to a new report. Rivian will disclose its target valuation in an updated regulatory filing later today, according to The Wall Street Journal. Rivian will begin pitching introductory shares to investors sometime tomorrow, with the […]

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Tesla stock has risen over 50% in 1 month

Tesla stock (NASDAQ: TSLA) has surged over 50% in a single month for the first time since October 2020. It marks the first time in one year that the electric automaker has experienced a drastic spike in its stock price and valuation, and two massive events triggered both rises. Last week, Tesla locked in a […]

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Lucid Group announces Q3 2021 Earnings Call date

Lucid Group (NASDAQ: LCID) said it would report its earnings for the third quarter of 2021 on Monday, November 15th at 2 PM PT or 5 PM ET. The call will likely be Lucid’s most interesting to date. The company announced earlier this week that it would begin deliveries of the Air Dream Edition sedan […]

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$12,500 EV Tax Credit included in revised Biden Build Back Better plan

The $12,500 Electric Vehicle Tax Credit has been included in the most recently revised version of President Biden’s Build Back Better plan, which aims to put America on course to meet climate goals, offer and create millions of good-paying jobs for American workers, and enable more citizens to join the labor force, growing the economy […]

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Tesla’s new Street-high price target dismisses ‘Tesla Killers’ once-and-for-all

Tesla (NASDAQ: TSLA) has a new Street-high price target from Alex Potter of Piper Sandler, who increased his outlook on the automaker’s stock from $1,200 to $1,300 following a surge in the company’s valuation this week. Potter sees Tesla in the proverbial driver’s seat of the EV sector, especially as competition and self-labeled “Tesla killers” […]

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Tesla bull Ron Baron explains the biggest short-term risk for TSLA stock

In a recent appearance at CNBC’s Squawk Box, Tesla (NASDAQ:TSLA) bull and legendary long-term investor Ron Baron explained several key aspects of Tesla’s business and why the company’s stock is worth holding for a very long time. He also shared what he believes are the biggest short-term risks being faced by Musk’s companies today.  Baron’s namesake […]

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Tesla has paid off six loans worth over $1B in 2021

Tesla has paid off six loans so far in 2021, equating to over $1 billion in debts that have been removed from the company’s financials. The automaker, which surged to a valuation of over $1 trillion yesterday, detailed the repayment of these loans in a 10-Q filing with the SEC. Tesla’s total repayment of its […]

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