tesla (NASDAQ:TSLA) does not want to be known only for its electric vehicles. Elon Musk’s company is abandoning its automobile business and focusing more on advanced technologies in artificial intelligence, such as autonomous driving and robotics. Therefore, a path is opening for a new EV stock to take the lead. Rivian Automotive (NASDAQ:RIVN) He has…
Elon Musk, already the world’s richest man, scored another big windfall on Friday when the Delaware Supreme Court overturned a decision that deprived him of a $55 billion pay package that Tesla doled out in 2018 as an incentive for its CEO to take the automaker to new heights. In addition to adding to Musk’s…
Tesla, Inc. (NASDAQ:TSLA) is one of the Stocks Jim Cramer Discussed After Fed Rate Cut. Cramer highlighted the company’s transition during the episode, as he said: “Finally, Tesla is going from an auto company to a technology company, from a company that’s getting a head start on sales to a company that’s a budding leader…
The world’s leading electric vehicle (EV) manufacturer remains tesla (NASDAQ:TSLA)but competition has been increasing from emerging companies such as rivian (NASDAQ:RIVN). Both stocks have seen plenty of ups and downs in 2025, but Rivian will be the best-performing stock this year, with its share price up more than 23% so far this year at the…
Electric vehicle (EV) giant Tesla (TSLA) continues to struggle this year as demand weakens in major markets like Europe and China, where competition is increasingly tough and the core EV business simply isn’t generating the same enthusiasm as before. In fact, much of the market buzz around Tesla today has shifted toward artificial intelligence (AI),…
Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks to Watch on Wall Street. On November 20, Piper Sandler reiterated her Overweight rating on the stock with a $500 price target. The rating affirmation comes after an investor meeting at the company’s facility in Fremont, California. Analysts now see autonomy as a key factor for…
tesla (NASDAQ:TSLA) This year has been a tale of two stories. The first part of the year brought a sharp drop in stock prices as investors grappled with falling global sales, profits and consumer backlash over Elon Musk’s political antics. The next story was about the rapid and significant rally in Tesla’s stock price as…
Tesla (TSLA) is back in the spotlight after CEO Elon Musk told shareholders that Tesla’s wildly ambitious AI agenda could soon include manufacturing its own chips. At the company’s annual meeting, Musk said Tesla is designing a fifth-generation “AI5” processor and will likely need to build “a gigantic chip factory” to meet demand. He even…
The recent stock market rally has gained significant momentum, with notable moves across major averages. As we approach the opening of Dow Jones futures, along with S&P 500 futures and Nasdaq futures on Sunday evening, the leadership of the market rally remains focused on the artificial intelligence, chip and software sectors. While many of these…
Investors faced a tumultuous morning Friday as they digested an unexpected collaboration between two major American automakers and eagerly awaited the Federal Reserve’s imminent decision on interest rate adjustments. The S&P 500 Index (^GSPC) showed resilience with a 0.23% rally, while the Nasdaq Composite Index (^IXIC) saw a notable rise of 0.48%. In contrast, the…
