New car sales in Europe rose in February after falling in January, while sustained demand for electric vehicles helped Elon Musk's all-electric brand Tesla resume growth for the first time since December 2024, official data showed on Tuesday.
Tesla Inc (NASDAQ:TSLA) stock is 2.7% higher to trade at $378.12 today, a strong start to a week.
Shares of Tesla rose 2.8% to $378.06 in early trading Monday, tracking a broader rebound in US equities as geopolitical tensions showed signs of easing. Investor sentiment remains divided, with the stock increasingly driven by expectations around future technologies rather than its core automotive business.
Tesla (NASDAQ:TSLA | TSLA Price Prediction) and Rivian (NASDAQ:RIVN) closed 2025 with earnings that tell very different stories.
Tesla could be coming closer to realizing its transformation into an AI powerhouse with plans for a new chip factory.
On paper, high gas prices should help EV companies. As gas moves above $5, this should happen, on paper.
TSLA's $2.9 billion China equipment deal highlights its push for U.S. solar growth???even as tariffs and supply chain realities complicate its domestic ambitions.
GM stands out against TSLA as margin gains, software momentum and shareholder returns support its case in a shifting auto market.
Tesla Inc (NASDAQ:TSLA) and SpaceX (Unlisted (US):SPACEX) will jointly build a semiconductor manufacturing facility, dubbed “Terafab,” in Austin, Texas, as founder Elon Musk pushes to secure chip supply for artificial intelligence, robotics and space applications. Musk said the “advanced technology fab” would address what he described as a widening gap between semiconductor supply and demand, adding that current production rates fall short of what is needed to support rapid advances in AI and computing.
Tesla (TSLA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Stocks pointed to a higher open Monday as markets enter the week on a four-week losing streak; Crude oil futures are sliding as President Trump cited "productive conversations" with Iran that followed an exchange of threats; Gold and silver futures are tumbling this morning, erasing their gains for the year; Tesla and SpaceX will build a new chip manufacturing facility in Texas, CEO Elon Musk confirmed over the weekend; and LaGuardia Airport is set to be closed for much of the day after a Sunday night crash killed two pilots when an Air Canada plane hit a fire truck.
Gold has sharply declined, falling 14% since the Iran conflict, as inflation and rate hike fears override its safe haven status. Traders are pricing in a 'higher-for-longer' rate environment, with bullion and other precious metals under pressure despite geopolitical tensions.