(RTTNews) - South Korea's anti-trust regulator, The Korea Fair Trade Commission or KFTC on Tuesday initiated an investigation against electric car manufacturer Tesla over its alleged "exaggerated" claims about its electric cars' range. The investigations have been confirmed by an
The Nasdaq surged up to 2% and the S&P and Dow jumped more than 1% on Tuesday, as signs of a de-escalation in tensions between Russia and Ukraine pushed up megacap growth names and banks, and helped investors shrug off hotter-than expected inflation data.
What happened
Tesla (NASDAQ: TSLA) has been on the receiving end of criticism, ranging from U.S. politicians attacking CEO Elon Musk's wealth to competitor commercials during last weekend's Super Bowl. But Tesla bulls continue to brush off much of the denunciation, and shares wer
Whitney Tilson’s email to investors discussing the Pivot conference in Miami; back to Earth or temporary setback? Revisiting the FANGAM stocks; are activist short sellers misunderstood? Q4 2021 hedge fund letters, conferences and more Pivot Conference In Miami 1) As you read this, I’m on a flight to Miami for the first-ever Pivot conference, named […]
Stocks in the electric vehicle (EV) sector have attracted loads of attention following the success of Tesla's (NASDAQ: TSLA) stock and now its business. Tesla reported net income of more than $5.5 billion in 2021. That helped confirm the company could profitably grow as the EV se
The S&P 500 and the Nasdaq indexes jumped over 1% on Tuesday, led by gains in shares of megacap growth names and banks on signs of a de-escalation in tensions between Russia and Ukraine, while investors shrugged off hotter-than expected inflation data.
There's a lot of talk about the automotive sector and how we're experiencing a revolutionary time of electrification in that industry -- one that could create millionaires out of early investors. Tesla and its unique leader Elon Musk have become names synonymous with electric veh
Sumitomo Metal Mining Co Ltd (SMM) said on Tuesday it will triple its capital expenditure over the next three years to boost its output capacity of nickel and cathode materials used in batteries.
Tesla (NASDAQ: TSLA) gets a vast majority of the attention in the autonomous driving space, but there are a lot of other companies vying for market share long term. Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Waymo is one of the market leaders, and Niro is already delive
U.S. stock indexes were set for a stronger open on Tuesday, led by gains in shares of megacap growth names and banks on signs of a de-escalation in tensions between Russia and Ukraine.
Despite the general weakness in the cryptocurrency market over the past few months, the volatile asset class has surged in value over the years. This has sparked interest from investors looking to gain exposure to the new technology.
U.S. stock index futures jumped on Tuesday on news that Russia was pulling back some troops from near the Ukrainian border, in signs of a de-escalation in tensions between the two countries.
For Immediate ReleaseChicago, IL – February 15, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured
As traditional automakers prepare to churn out electric vans and trucks, startups are focused more than ever on finding a competitive or technological edge to stay on the road once their bigger rivals start moving through the gears.
Tesla chief executive Elon Musk donated a total of 5,044,000 shares in the world's most valuable automaker to a charity from Nov. 19 to Nov. 29 last year, its filing with U.S. Securities and Exchange Commission (SEC) showed on Monday.
South Korea's antitrust regulator is investigating U.S. electric car maker Tesla Inc over allegations the company exaggerated the specifications of its batteries, an official at the Korea Fair Trade Commission (KFTC) said on Tuesday.
4 Top Electric Vehicle Stocks To Watch This WeekElectric Vehicle (EV) stocks have taken the world by storm over the past few years in the stock market. Naturally, the industry started to gain significant traction after Tesla (NASDAQ: TSLA) made its mark and became one of the larg
Apple (NASDAQ: AAPL) posts record revenue. Microsoft (NASDAQ: MSFT) makes its intentions clear with respect to its gaming division. Visa (NYSE: V) and American Express (NYSE: AXP) rise on strong results. Tesla (NASDAQ: TSLA) tells Wall Street not to expect any new models this yea
The S&P 500 index closed modestly lower on Monday, largely recovering from a sharp sell-off, as U.S. plans to close its Kyiv embassy in Ukraine sent simmering geopolitical tensions to a boil.