Tesla (TSLA) stock is up Monday morning, rebounding after nine consecutive weeks of losses, the company's longest losing streak to date. Morning Brief hosts Brad Smith and Madison Mills discuss how Elon Musk's recent plea to shareholders to hold on to their Tesla shares may have influenced retail investor activity, contributing to the stock's rise.
US carmaker's European market share falls as Chinese rival BYD overtakes it on global revenue, topping $100bn
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.
The ever-volatile stock market bounced Monday as investors once again tilted toward the notion President Donald Trump's tariffs won't be quite as bad as first thought, with the latest rally led by the big technology stocks worst hit by the tariff-related market pullback.
Tesla (TSLA) aims to snap its nine-week losing streak this week. It got a strong start with a premarket rally as the company plans to launch is full-self driving software in China pending regulatory approval.
As the new trading week begins, Tesla (NASDAQ: TSLA) is looking to extend its recent rally, driven by key developments in the Chinese market.
What a difference a year makes. Where the Magnificent Seven stocks were still carrying the market last year after being responsible for between 65% and 75% of the S&P 500‘s gains in 2023.
Tesla is entering the dining business, preparing to open a drive-in restaurant in Los Angeles. This new location would allow diners to eat and watch movies on an outdoor screen while they charged their electric vehicles.
Tesla on Monday said it will release its smart driving-assistance feature in China after completing approval of relevant software.
Tesla's stock has dropped 40% YTD due to political controversies, Cybertruck issues, and market maturation, but these are seen as short-term negatives. Despite recent setbacks, Tesla's long-term growth potential remains strong, supported by its leading position in the U.S. EV market and robust delivery volumes. Temporary factors like consumer boycotts and tariffs are expected to fade, offering a significant re-rating opportunity and potential alpha for investors.
George Noble is bearish on Tesla (TSLA), along with TAN, XRT, and XHB. He also says to “beware” of retail and housing stocks, expecting more pain to come.
With the tech-heavy Nasdaq Composite down over 8% this year, investors are starting to look for opportunities. Some of the most popular stocks like those in the "Magnificent Seven" haven't been on sale for more than two years, and perhaps their valuations are now more favorable.