Volkswagen’s Tesla-inspired gameplan shoots stock upward for third straight day

Volkswagen stock (OTCMKTS: VWAGY) was sent soaring into growth territory once again on Wednesday morning during early trading hours. Its Tesla-inspired gameplan for cutting electric vehicle battery costs is contributing to more appeal from investors. On Monday, Volkswagen held its first-ever “Power Day” event, revealing its outline to cut battery costs, increase cell production across Europe, […]

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Tesla’s $25K car could herald more affordable EVs as Morgan Stanley analyst predicts $5K unit

Morgan Stanley analyst Adam Jonas believes electric vehicles in the market could drop as low as $5,000 in the future. Tesla seems well on its way to releasing more affordable electric cars with its $25,000 car.  Jonas explained that high volume production of EVs would eventually lead to price cuts.  “We would not be at […]

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Tesla’s stock slump comes to screeching halt, shares surge

Tesla (NASDAQ: TSLA) may have brought its stock slide to a screeching halt today as shares surged on several bullish reports from China and financial analysts. Shares opened at $608.18 after an impressive pre-market performance that sent the stock shooting up around 8%. Just a few hours into Tuesday’s session, shares continued to rally, up […]

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Tesla bull Cathie Wood of ARK Invest explains why TSLA inspires even more confidence today

Tesla stock (NASDAQ:TSLA) may have experienced a notable dive as of late, but Cathie Wood of ARK Invest has noted that she and her team remain incredibly optimistic about the electric car maker. Wood noted that ARK Invest is poised to release its updated forecast on TSLA stock in the next couple of weeks. And […]

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Tesla bull ARK loads up on TSLA shares admit stock slide

Tesla (NASDAQ: TSLA) bull ARK Invest, headed by CEO and CIO Cathie Wood, loaded up on shares of the electric automaker’s stock as it has slid to lower prices over the past few weeks. According to ARK’s Daily Trade Information, the fund bought 19,272 shares of Tesla, adding onto its massive holdings of the electric […]

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Tesla stock pullback temporary, China demand paves way to $1T market cap, Wedbush says

Tesla (NASDAQ: TSLA) stock has experienced a slight pullback in the last few weeks, tanking to losses that equate to just under 16% since the beginning of 2021. Wedbush analyst Dan Ives believes the pullback is temporary, and that Tesla could still bring a reward to investors who stand by the automaker’s stock through 2021, […]

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Tesla bull Baron Capital sells 1.8M shares, Ron Baron’s personal shares remain untouched

Tesla (NASDAQ: TSLA) bull Ron Baron and his investment firm Baron Capital have been some of the biggest supporters of Elon Musk’s electric car company. Baron Capital, however, has sold 1.8 million TSLA shares over the past six months, Ron Baron said, due to portfolio concentration. The billionaire investor remains bullish on Tesla, revealing that […]

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Tesla will be most profitable player in EV space, VW second, says UBS

Tesla (NASDAQ: TSLA) and Volkswagen are forecasted to be the most profitable players in the electric vehicle space for the next few years, according to UBS analysts headed by skeptic Patrick Hummel. UBS released a note to investors on Wednesday that indicated American electric car company Tesla and German automaker Volkswagen are sitting in the […]

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Tesla, EV stocks have potential for ’40-50%’ gains in 2021: Wedbush

Tesla is not the only electric vehicle stock that Dan Ives of Wedbush believes could soar up to 50% this year. With the sector growing at an accelerating rate, Ives believes investors will be given the opportunity to diversify their portfolios with several companies that are showing tremendous upside moving into the end of Q1 […]

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Elon Musk satirically encourages SEC to probe his Dogecoin tweets

Tesla CEO Elon Musk has no respect for the SEC, but he hopes they look into his recent string of Dogecoin memes and tweets after rumors of a probe by the Commission was rumored to be coming soon. “I hope they do! It would be awesome,” Musk said to a Twitter follower last night. I […]

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