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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Tesla slump gives shorts $3.5B profit, but they’re still losing big

Tesla (NASDAQ: TSLA) has had a rare down streak of days during trading sessions in the final full week of February. As a result, short-sellers of the automaker’s stock have pocketed a $3.5 billion profit, but they’re still losing big in the grand scheme of things. For the week, Tesla is down around $79, or […]

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Tesla among tech stocks to slide amid Treasury yield, commodity surges

Tesla (NASDAQ: TSLA) is one of several tech stocks sliding after a boost in Treasury yields and increases in commodity prices over the past several days. After experiencing a $40 drop in stock price yesterday, Tesla continued a slide on Wall Street during pre-market and early hours trading in Tuesday’s session. At the time of […]

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Lucid Motors to go public after merger agreement with Churchill Capital

Lucid Motors and special purpose acquisition company (SPAC) Churchill Capital have announced that they have come to terms with a definitive merger agreement. Lucid will officially go public after rumors have circulated recently, and the two companies will combine at a transition equity value of $11.75 billion, the companies announced in a statement earlier today. […]

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