Tesla ( TSLA) stock jumped 3% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.
Tesla (NASDAQ: TSLA) stock saw significant gains Friday thanks to multiple catalysts. The gains took place in conjunction with a 1% gain for the S&P 500 index and a 1.5% gain for the Nasdaq Composite index.
Ross Gerber called for a TikTok ban, labeling it a national security risk and accusing the app of being a tool for Chinese government.
Tesla ( TSLA) stock popped more than 3% Tuesday on the heels of promising global electric vehicle sales data and media reports indicating Chinese authorities could allow the EV giant's CEO Elon Musk to buy the US operations of social media platform Tik Tok.
Nexstar meteorologist Jim Danner shows the forecast for this upcoming week in Houston, which includes a winter storm warning for the area as possible snow, sleet and/or freezing rain will enter the area starting Monday evening.
Douglas McIntyre, Editor-in-Chief at Climate Crisis, analyzes Tesla’s decision to lower the Cybertruck’s price. While this benefits consumers, it also positions Tesla to better compete with Ford’s F-Lightning,
Donald Trump will return to Washington on Saturday to kick off days of pageantry to herald his second inauguration as president.
Efforts to cleanup areas of LA devastated by wildfires are being delayed by burning Teslas and other electric cars emitting toxic fumes. The vehicles have lithium-ion batteries that when burned release harmful gases and toxic chemicals into the air that can cause serious health issues.
As Elon Musk grew Tesla’s business in China, he publicly cozied up to its leaders on his favorite social media platform.
But there's one company on the list of the largest publicly traded stocks that is arguably a screaming deal. This particular company just saw its valuation dip to less than $1 trillion. Patient investors looking not only for growth, but for protection during market volatility, should take a closer look.
Lucid Motors ( LCID -0.33%) stock looks expensive according to several traditional valuation metrics. Its price-to-sales ratio, for example, is 9.6. That's significantly higher than other electric car stocks like Rivian, which has a price-to-sales ratio of just 3.0.