Tesla's slowing growth and Rivian's high cash burn reveal the EV sector's growing pains, with each stock facing tough tradeoffs.
Tesla stock is always controversial on Wall Street. The coming robotaxi launch is keeping it that way.
Over the past year, EV-pioneer Tesla ( TSLA ) has got the proverbial “kitchen sink” thrown at it with a plethora of reputational issues and controversies, soft car sales, tariff impacts, and missed deadlines. Some of the problems that the Zacks Rank #5 (Strong Sell) stock has faced include:
TSLA unveils updated Model S and X with modest upgrades and $5,000 price hikes amid rising competition.
Tesla (TSLA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Tesla rebounded 14% last week after Musk???s apology and robotaxi buzz, lifting ETFs like TESL and TSLW sharply higher.
A stock trading analyst has suggested that Tesla stock (NASDAQ: TSLA) will likely reach a base-case target of $500 later this year, citing strong technical signals.
The launch of Tesla's self-driving taxi service is less than a week away, if the company sticks to CEO Elon Musk's timeline.
Tesla's (NASDAQ: TSLA) US sales fell 16% in April, based on Automotive News.
[00:00:04] Doug McIntyre: Big Tech Tesla considered by many people to be a big tech company.
YTSL:CA's 40% price drop is due to its leveraged covered call strategy, not necessarily a fundamental flaw in the ETF itself. The ETF offers a high 27% yield, but this comes at the cost of significant NAV erosion, making it unsuitable for capital preservation. YTSL:CA is best suited for income-focused Canadian investors seeking steady monthly payouts from a volatile stock, not for those seeking upside capture.
The CEO's embrace of nascent AI technology is a shift from the company's early days when it used off-the-shelf technology for electric cars.