Nasdaq TSLA Tesla

French firm Neoen SA activated Australia's biggest battery on Wednesday in time for the southern hemisphere summer, after fire damaged two of Tesla Inc's "Megapack" units at the project during testing in July.

(RTTNews) - Neuralink, the AI chip that will turn humans into computer-programmed units, will be available to put inside humans as soon as 2021, claims the CEO of Tesla Motors (TSLA) Elon Musk. In an interview with the Journal, Musk said that Neuralink is pending approval

Tesla Inc Chief Executive Officer Elon Musk said on Monday that Congress should not approve the Biden administration's bill to boost subsidies for electric vehicles (EVs), saying the proposal would worsen the U.S. budget deficit.

What happened Many investors think of Nio (NYSE: NIO) when Chinese electric vehicle (EV) makers are being discussed. That's because it delivered almost 150,000 total vehicles, while its nearest pure-play EV competitor XPeng (NYSE: XPEV) only just passed the 100,000 mark at the en

What happened Shares of electric car maker Tesla (NASDAQ: TSLA) jumped on Tuesday, rising as much as 4.4%. As of 11:50 a.m. ET, however, the stock was up about 3%.

Wall Street's main indexes rallied strongly on Tuesday, with the Nasdaq surging 3% as investors piled onto beaten-down quality technology stocks, while Intel jumped after plans to take its self-driving car unit public.

In just a few short weeks, the U.S. stock market and the global crypto market have suffered sizable sell-offs as investors grappled with slowing growth, valuation concerns, a new COVID-19 variant, inflation, and other headwinds.

Tesla stock’s (NASDAQ:TSLA) market cap recently crossed the $1.1 trillion mark, valuing the company at about four times German luxury car players BMW, Daimler, and VW Group combined. However, Tesla only delivered a small fraction of the vehicles compared to these players.

Since our last update comparing Tesla (NASDAQ: TSLA) and BMW in October 2020, Tesla stock has rallied by almost 2.5x, with its market cap crossing the $1 trillion mark. On the other hand, BMW stock is up by about 40% over the same period, with its market cap standing at about $

So the National Association of Realtors (NAR) reports that the median sales price of single-family existing homes rose to $363,700 year over year in the third quarter of 2021, a new record that saw double-digit price gains in 78% of the 183 markets the big trade group tracks.

Buying and holding great companies for a really long time is one of the best ways to make a fortune as it allows you to utilize the power of compounding. However, investors need to be savvy enough to ensure that they choose the right stocks to hold for the long haul.

The Nasdaq rallied more than 2% on Tuesday as technology firms bounced back on easing concerns around the Omicron variant, while Intel jumped after plans to take its self-driving car unit public.

After spending years in neutral gear, eclipsed by exciting new names like Tesla (NASDAQ: TSLA), automotive giant Ford Motor Company (NYSE: F) appears to be executing strongly on its energetic new modernization strategy. The automaker just released its November 2021 sales report,

While it's tempting to turn to slower-growing stalwarts right now as the best option for new capital, since the market seems to be putting many faster-growing tech stocks in the penalty box, it's always worth considering whether it might make sense to be a contrarian and take the

U.S. stocks looked set to open 1% higher on Tuesday as technology firms bounced back on easing concerns around the Omicron variant, while Intel jumped after plans to take its self-driving car unit public.

U.S. stocks looked set to open 1% higher on Tuesday as technology firms bounced back on easing concerns around the Omicron variant, while Intel jumped after plans to take its self-driving car unit public.

The U.S. Securities regulator has reportedly opened an investigation into Tesla Inc. (TSLA) over a defective solar panel case, according to Reuters. A whistleblower had filed a case in 2019 stating that the company failed to inform its shareholders and the public about possible fire risks due to defects in the solar panel system.

Following the news, shares fell as low as 6.3% before closing the day almost flat at $1,009.01 on December 6.

Whistleblower Claims

The whistleblower, Steven Henkes was a former Toyota Motor quality division manager, and joined SolarCity in 2016 as a quality engineer. Soon after SolarCity was acquired by Tesla in 2016, Henkes became aware of the fire problem associated with the solar panels. The company manufactures and sells solar generation systems to residential, commercial, and industrial customers.

Back in 2019, Henkes had informed the SEC that he had told Tesla to close its solar panels over fire and safety issues, and inform customers about the same. However, Tesla failed to pay heed to his requests and Henkes officially filed a complaint with the SEC.

Earlier, even Walmart, Inc. (WMT) had filed a case against Tesla stating that its roof solar system had caught fire in seven stores.Similarly, several residential customers had also complained about the same issue.

Freedom of Information Act

In September 2021, Henkes requested to seek information on his pending complaint under the Freedom of Information Act. The SEC denied the request and replied, “We have confirmed with Division of Enforcement staff that the investigation from which you seek records is still active and ongoing.” However, the SEC did say that the probe does not indicate that any wrongdoing has been done.

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Analysts' Take

Overall, the TSLA stock has a Hold consensus rating based on 12 Buys, 6 Holds, and 7 Sells. The average Tesla price target of $938.52 implies 7% downside potential to current levels. Shares have gained 57.2% over the past year.

Website Traffic

TipRanks’ Website Traffic tool, which uses data from SEMrush Holdings (SEMR), the world’s biggest website usage monitoring service, offers insight into TSLA's performance.

In October, Tesla website traffic recorded a 13.17% year-over-year decline in monthly visits. However, year-to-date website traffic growth increased by 1.72% compared to the same period last year.

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Meme stocks? Electric-vehicle stocks? Hypergrowth tech stocks? Whatever you call it, Tesla (NASDAQ: TSLA) is arguably the granddaddy of all of them. For investors who bought early -- or even as recently as a couple of years ago -- the returns on the stock have been nothing short

Futures tracking the Nasdaq 100 index jumped on Tuesday as technology stocks rebounded with easing concerns about the Omicron variant, while shares in chip giant Intel rose following plans to take its self-driving-car unit public.

South Korea battery maker LG Energy Solution's (LGES) planned initial public offering (IPO) is expected to raise at least 10.9 trillion won ($9.26 billion), Reuters calculations show, as it seeks funds to expand and meet booming demand for EV batteries.