CATL is raising money on the Hong Kong Stock Exchange, giving more investors access to the fast-growing battery maker.
Director Joseph Gebbia's April 24 insider trade of Tesla (NASDAQ: TSLA) stock was immediately noted as unusual for being the first of its kind in years, and, by May 12, 2025, it also proved highly lucrative.
The U.S. and China made progress on trade in weekend talks, and that should help a host of stocks including Tesla.
Tesla told workers on some Model Y and Cybertruck lines to take the week of Memorial Day off. The company has also squashed overtime hours.
The earnings are in for Tesla Inc. (NASDAQ: TSLA), Rivian Inc.
U.S. equities were mixed and little changed at midday as the markets awaited key trade talks between the U.S. and China set for this weekend. The Dow Jones Industrial Average edged lower, while the S&P 500 and Nasdaq were slightly higher.
Recently, Zacks.com users have been paying close attention to Tesla (TSLA). This makes it worthwhile to examine what the stock has in store.
TSLA is up over 1% pre-market after Elon Musk refocuses on Tesla leadership. Q1 earnings missed expectations, but Robotaxi plans and affordable EVs drive long-term investor optimism.
The Japanese electronics company posts fiscal fourth-quarter earnings per share of about 23 cents from sales of $14.2 billion. Wall Street was looking for about 12 cents and $13 billion, respectively.
Coming into Friday trading, Tesla stock was down 0.8% for the week. Trump's trade deal with the U.K. helped shares on Thursday.
Tesla canceled its Cybertruck range extender, which was set for mid-2025 release. The optional battery pack would extend the distance the Cybertruck could drive before needing to recharge.
TSLA China sales plunge in April, defying the surge seen by local EV rivals, further reinforcing its losing dominance in the world's top EV market.