Nasdaq TSLA Tesla

Wall Street bounced back during its holiday-abridged trading last week. I thought my three stocks to avoid -- Altria, Carvana, and Hooker Furniture -- were going to lose to the market in the past week. They were flat, soared 22%, and rose 11%, respectively. The final result was a

Uber (NYSE: UBER) is the leader in ride sharing, but it's failed to build autonomous driving that could lower costs long-term. Now, it's turning to Waymo for technology, but will that project succeed? Travis Hoium and Jon Quast discuss the most recent developments in this video.

Four stocks that trade on U.S. stock exchanges currently have market caps of more than $1 trillion. And all of them have significant artificial intelligence (AI) development efforts.

Shares of electric-car maker Tesla (NASDAQ: TSLA) have been surging higher recently. Indeed, the stock has doubled year to date. Over the last 30 days alone, shares have risen 43%. You'd think with such an incredible gain behind it that the stock could cool off soon. But one anal

In this week's video, I cover everything you need to know about news related to Tesla (NASDAQ: TSLA) during the week of June 5. Today's video will focus on Nio's first-quarter earnings, Tesla's sales numbers in Europe and China, and possible new factory locations.

Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha

Motley Fool host Deidre Woollard caught up with Ashlee Vance, author of When the Heavens Went on Sale: The Misfits and Geniuses Racing to Put Space Within Reach. They discuss:

Twitter will soon begin paying verified content creators for ads in their replies, with the first payment block of around $5 million, company owner Elon Musk said on Friday.

A U.S. stocks rally is showing signs of expanding beyond the cluster of giant growth and tech names that have led gains this year, as investors reposition portfolios primed for a widely expected recession.

U.S. shares struck new highs for the year on Friday and helped lift world stocks to a 13-month peak, as rising bets that the Federal Reserve will skip a rate hike next week overshadowed worries about U.S. markets being drained of cash.

The S&P 500 closed higher on Friday but off session highs, as a Tesla rally failed to galvanize the broader market on the eve of the Federal Reserve's policy meeting and inflation data next week.

Even if you like EVgo ( NASDAQ:EVGO ), the company's stock looks like a no-go due to recent deals between a well-known electric vehicle (EV) manufacturer and two giant automakers. Therefore, I am bearish on EVGO stock. EVgo is an ambitious start-up business that has a network of EV charging stations. This might sound like a terrific growth opportunity for prospective investors. Yet, the market isn't bullish on EVGO stock, and while I don't always agree with the crowd, I actually share their sour sentiment in this instance. As we'll discover, at least one insider bought EVgo shares not long ago, and Wall Street's analysts aren't ultra-bearish on the stock (though that's liable to change). Nevertheless, after you've heard the latest developments in the EV space, you'll probably choose not to consider a long position in EVgo today. EVgo Posts Seemingly Strong Sales, but Don't Get Too Excited EVGO stock has been on a steep downtrend lately, and this might baffle some investors. After all, the stock should be moving higher since EVgo posted a first-quarter 2023 earnings beat. Be sure to delve into the details, though, before you think about jumping into a trade. It's true that EVgo posted a quarterly net loss of $0.18 per share, slightly beating the consensus estimate of a loss of $0.19 per share. Furthermore, EVgo's Q1-2023 revenue increased 228.6% year-over-year to $25.3 million, and those sales figures look impressive. On the other hand, EVgo's quarterly sales fell short of Wall Street's forecast by $1.5 million. Moreover, EVgo's guidance for Fiscal Year 2023 revenue is rather vague, at a wide range of $105 million to $150 million. Analysts, meanwhile, called for revenue of $138.8 million. So, EVgo's results and outlook aren't ideal. For what it's worth, an EVgo insider, Chairman David Nanus, recently bought 5,882,352 shares of EVGO stock. That's a bold $20+ million bet, but is it enough to convince cautious financial traders to invest in EVgo? The answer is -- probably not. Traders are likely still skittish, as EVgo disclosed an underwritten public offering of around $125 million worth of Class A shares last month. Even beyond the share dilution concerns, it's not necessarily a positive sign if EVgo feels the need to boost its balance sheet by selling a large number of shares. Tesla's Charger Deals Spell Trouble for EVgo In case there weren't already enough reasons to worry about EVgo's future prospects, the EV infrastructure industry dropped not just one but two bearish bombshells on EVgo. Late last month, Tesla  reached an agreement with Ford ( NYSE:F ), so that now and in the future, anyone who owns a Ford vehicle will have access to Tesla’s network of rapid EV charging stations known as “superchargers.” Furthermore, in a still-fresh development, General Motors ( NYSE:GM ) established a similar  EV charging agreement with Tesla to the one that Ford forged with Tesla. According to a Barron's report, General Motors anticipates that its EVs will be able to access Tesla’s “supercharging” network sometime in 2024. This is good news for the vehicle electrification movement in general since it will allow convenient interoperability between EV and charging brands. However, it's potentially devastating news for a competing EV charging station provider like EVgo. It makes sense that EVGO stock dropped like a rock today, as traders can envision many Ford and General Motors EV drivers using Tesla's "superchargers" because they recognize the familiar Tesla brand name instead of going out of their way to try an EVgo charger. Is EVGO Stock a Buy, According to Analysts? All in all, Wall Street has been fairly optimistic about EVgo, though this could change at any given moment. On TipRanks, EVGO stock has a Moderate Buy rating based on four Buys, three Holds, and one Sell rating assigned in the past three months. The average EVGO stock price target is $8, implying 138.8% upside potential. Conclusion: Should You Consider EVGO Stock? In case you haven't figured it out already, I'm definitely not recommending taking a long position in EVGO stock. I usually root for start-up businesses seeking to support clean energy initiatives. Yet, Tesla's new EV charging agreements are just too problematic for EVgo. Maybe at some point in time, there will be reasons to consider investing in EVgo. For the rest of 2023, however, it's simply too risky to consider buying EVGO stock, and current shareholders might want to think about cutting their losses and moving on to something safer. Disclosure

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The S&P 500 closed higher on Friday but off session highs, as a Tesla rally failed to galvanize the broader market on the eve of the Federal Reserve's policy meeting and inflation data next week.

During an especially busy week, the ETF industry saw the launch of multiple ETFs and the completion of a major round of closures, not to mention some very interesting filings. BlackRock’s iShares arm roll out a fund focused on companies that are leaders in the transition to a low-carbon economy. Finnish pension fund Ilmarinen has [...] Read more at ETFtrends.com.

Tesla ( NASDAQ:TSLA ) stock is on a roll, and you definitely don't want to stand in the way of this moving train (or car) because you're liable to get run over. I am bullish on Tesla stock because the sentiment surrounding Tesla is overwhelmingly positive. Furthermore, the optimism may be justified by Tesla's arrangements with Ford ( NYSE:F ) and General Motors ( NYSE:GM ). Believe it or not, Tesla stock has already risen for 10 consecutive days, and today will probably make it 11 days in a row. As we'll discover, analysts are lukewarm on TSLA stock's future prospects. Yet, financial traders are relentlessly pushing Tesla's share price higher. If the trend is your friend, then Tesla stock could be your profitable pal as long as the Tesla train keeps on moving forward. If you're not on board with this, it's still probably not a great idea to short TSLA stock since that's a very dangerous proposition. Don't Obsess Over Tesla's Valuation If you subscribe to the Warren Buffett philosophy of investing in undervalued businesses that pay dividends, then you might bristle at some of Tesla's vital stats. Tesla doesn't pay any dividends, and both crowd wisdom and blogger sentiment are bullish for TSLA stock. Plus, value-focused investors would probably cringe if they found out that Tesla has a GAAP trailing 12-month (TTM) price-to-earnings (P/E) ratio of 69x, which is several orders of magnitude greater than the sector median P/E ratio of 16.6x. Further, Tesla's TTM price-to-book (P/B) and price-to-sales (P/S) ratios are much higher than their respective sector median values. Yet, every time Buffett-style investors complain that Tesla is too richly valued, financial traders find another reason to push the share price higher. For instance, even after many consecutive green days, TSLA stock still moved up yesterday because of a rumor/report that Tesla is in talks with a regional government in Spain to set up a new "gigafactory" or large electric vehicle (EV) factory there. Clearly, the market is eager for positive news and will accept just about any excuse to buy Tesla stock in 2023. Still, there's at least one news item that's not just an excuse, as it points to Tesla's value-added collaboration with a pair of old-school automotive giants. Tesla Partners with Ford and General Motors on EV Chargers In late May, Tesla reached an agreement with an unlikely partner -- Ford. Currently and in the future, anyone who owns a Ford vehicle will have access to Tesla's network of "superchargers" (i.e., rapid EV charging stations). The market celebrated this bold move, and I don't blame them. If the vehicle electrification movement is going to continue in the U.S., automakers and charging station providers will need to work together. Tesla and Ford, even though they are rivals as automakers, are leading by example with this EV-charging agreement. Now, in a fresh update, General Motors is following Ford's lead by establishing a similar EV charging agreement with Tesla. Reportedly, General Motors expects its EVs to be able to access Tesla's "supercharging" network sometime next year. There's a bigger-picture implication here since Ford's and General Motors' arrangements with Tesla should make it more convenient to charge a wide variety of EVs. All in all, these agreements are a win-win for practically everyone concerned -- except for anyone imprudent enough to short TSLA stock. Is TSLA Stock a Buy, According to Analysts? It might surprise you to discover that Wall Street's experts aren't massively bullish on Tesla right now, though they are somewhat positive. On TipRanks, TSLA stock comes in as a Moderate Buy based on 15 Buys, 10 Holds, and four Sell ratings. However, the average Tesla stock price target is $198.54, implying 19% downside potential. If you’re wondering which analyst you should follow if you want to buy and sell TSLA stock, the most profitable analyst covering the stock (on a one-year timeframe) is Alexander Potter of Piper Sandler, with an average return of 115.39% per rating and a 64% success rate. Click on the image below to learn more. Conclusion: Should You Consider Tesla Stock? Tesla will probably continue to punish the short-sellers and reward its shareholders this year. The skeptics can point to valuations all day long, but that's not likely to stop the fast-moving Tesla train. So, I won't try to stand in the way of TSLA stock's powerful forward momentum right now. Also, I believe it's fine to consider a long position in Tesla if you'd like since the market's optimism appears to be justified. Disclosure

Stocks have made some nice gains from the October 2022 lows and remain within spitting distance of the recent peak in August last year. In fact, the S&P 500 index is up about +20% from the October lows, prompting some to sugge

Looking at the sectors faring best as of midday Friday, shares of Technology & Communications companies are outperforming other sectors, higher by 0.1%. Within the sector, Etsy Inc (Symbol: ETSY) and Adobe Inc (Symbol: ADBE) are two of the day's stand-outs, showing a gain

U.S. stocks pared gains on Friday, with the S&P 500 fighting to stay firmer as a Tesla rally failed to galvanize the broader market on the eve of the Federal Reserve's policy meeting and inflation data next week.

Tech stocks were higher on Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.8% and the Philadelphia Semiconductor index advancing 0.5%.