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Battered Tesla Stock Could Cave In Further As Demand Stutters, Warns Bearish Analyst: '#TheTruthHurts'
Tuesday, October 31, 2023 - 1:55am | 765Read More...Tesla, Inc. (NASDAQ:TSLA) stock lagged behind the broader market recovery on Monday and slid below the psychological support of $200. As the lean stretch seen since mid-July continues, one bearish analyst thinks the stock could hurtle down toward his price target of $24.33. What Happened: Tesla is...
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As Tesla Executive Bemoans EV Adoption Pause In H1'23, Fund Manager Says Reacceleration Coming In 2024 Due To These 3 Factors
Monday, October 30, 2023 - 9:06am | 497Read More...Tesla, Inc. (NASDAQ:TSLA) hasn’t seen an appreciable volume lift from the series of price cuts it has announced since January this year. As a Tesla executive bemoaned the sequential decline in the electric vehicle market in the first half of 2023, Future Fund’s Gary Black said he sees a...
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Tesla Signals Strategy Reversal, Ford To Go Slow On Electrification, Nikola's $165M Legal Windfall And More: Biggest EV Stories Of The Week
Saturday, October 28, 2023 - 9:55am | 1349Read More...Most major electric vehicle stocks declined in the week that ended on Oct. 27 amid the broader market weakness, with EV leader Tesla, Inc. (NASDAQ:TSLA) extending its lean patch. The space could see some volatility in the near term, as EV companies are set to begin rolling out their third-quarter...
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'Positive Signal,' Says Tesla Investor As EV Giant Raises Prices Of Certain Model Y Variants In US, China
Friday, October 27, 2023 - 1:48am | 473Read More...Tesla, Inc. (NASDAQ:TSLA) shares closed at a five-month low on Thursday. The stock has lock-stepped with the broader market in recent sessions, although its weakness began well ahead of the current market mayhem. Falling margins in the wake of successive price cuts were among the chief reasons...
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Tesla's Tough Stretch: Why Stock Is Set To Open Lower Today
Thursday, October 26, 2023 - 7:53am | 234Read More...Tesla, Inc. (NASDAQ:TSLA) faces more turbulence as shares are set to open much lower on Thursday. In premarket trading on Thursday, the stock dropped 2.65% to $206.80, according to Benzinga Pro data. Since Oct. 18, following Tesla’s third-quarter report, the stock...
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Meta Shares Slip On Cautious Guidance — But Fund Manager Explains Why Facebook Parent's Q3 Was Better Than Tesla's
Thursday, October 26, 2023 - 2:41am | 478Read More...Meta Platform, Inc.’s (NASDAQ:META) shares rose immediately after the release of the company’s third-quarter results but reversed course after the earnings call. Future Fund Managing Partner Gary Black delved into the potential reasons for the reversal in sentiment. What Happened: Meta...
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Tesla's Double Miss Spooks Investors, Rivian CEO Allays Liquidity Concerns, Lucid's Underwhelming Q3 Deliveries And More: Biggest EV Stories Of The Week
Saturday, October 21, 2023 - 10:45am | 1290Read More...Electric vehicle stocks fell across the board in the week that ended on Oct. 21 amid the broader market weakness and a disappointing earnings report from frontrunner Tesla, Inc. (NASDAQ:TSLA). Shares of the company closed at their worst level since June 1. Here are the key events that happened in...
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Tesla Stock Pulls Back To Late-August Lows: What's Going On?
Thursday, October 19, 2023 - 7:17am | 348Read More...Shares of electric vehicle maker Tesla, Inc. (NASDAQ:TSLA) fell over 5% in premarket trading on Thursday after the company’s disappointing third-quarter earnings report. The company reported third-quarter adjusted earnings per share of $0.66, trailing the $0.72 per share consensus estimate....
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Tesla's Rare Double Miss: Analyst Expects Wall Street To Revise Estimates After Q3 Earnings Call Earns 'Not Good' To 'Terrible' Reviews
Thursday, October 19, 2023 - 4:16am | 809Read More...Electric vehicle giant Tesla, Inc. (NASDAQ:TSLA), reported its first double miss in over four years, resulting in a lackluster response from investors. The stock plummeted by over 5% in after-hours trading. Tesla investor and Future Fund’s Managing Partner, Gary Black...
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Lucid Stock To Tumble Further To $3? Bearish Analyst Makes Dire Prediction After Q3 Deliveries Miss
Wednesday, October 18, 2023 - 3:45am | 570Read More...Lucid Group, Inc. (NASDAQ:LCID) fell over 5% on Tuesday after the manufacturer of premium electric vehicles reported third-quarter deliveries that missed expectations. Tesla investor and Future Fund Managing Partner Gary Black offered his take on the numbers. What Happened: Lucid could only muster...
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Ford F-150 Lightning Demand Falters As Dearborn Cuts Jobs, Slashes Prices: What Does It Mean for Tesla's Cybertruck?
Tuesday, October 17, 2023 - 2:42am | 699Read More...Sales of Ford Motor Co.‘s (NYSE:F) F-150 Lightning electric pickup truck seem to be sluggish, as evidenced by two recent developments. These occurrences could potentially affect Tesla, Inc. (NASDAQ:TSLA), which is about to launch its own electric pickup truck, the Cybertruck. What Happened:...
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Tesla Retail Investors Willing To Look Past EV Maker's Shrinking Margins In Q3; Instead, Here's What They Are Most Focused On
Monday, October 16, 2023 - 6:42am | 543Read More...Tesla, Inc. (NASDAQ:TSLA) is scheduled to release its third-quarter results after the market closes on Wednesday. Even the most bullish on sell-side have expressed concerns over further margin erosion. But the retail crowd apparently has shrugged off the concern. What Happened: Margins did not...
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Amid Lucid's Q3 Deliveries Delay, Tesla Investor Recalls Elon Musk's 2022 Joke About EV Maker Making Fewer Cars Than His Number Of Kids
Sunday, October 15, 2023 - 9:59am | 508Read More...Premium electric vehicle manufacturer Lucid Group, Inc. (NASDAQ:LCID) hasn’t released its third-quarter deliveries report yet, setting tongues wagging about potentially dismal numbers from the company. What Happened: On Friday, Gary Black, a Tesla investor and managing partner at Future Fund...
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Ahead Of Tesla's Q3 Earnings, Fund Manager Gives One Reason Why The EV Maker Should Initiate $10B Stock Buyback
Saturday, October 14, 2023 - 4:58pm | 743Read More...Tesla, Inc. (NASDAQ:TSLA) shares have been locked in a lackluster phase since the post-earnings pullback seen in late July. Future Fund Managing Partner Gary Black detailed what the Elon Musk-led company should be doing to prop up the sagging stock. What Happened: Even after Tesla funds investments...
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Tesla Analysts Lose Sleep Over Q3 Margins, Rivian Stock Now Attractively Valued, Fisker Eyes Chinese Frontier And More: Biggest EV Stories Of The Week
Saturday, October 14, 2023 - 9:18am | 1307Read More...Electric vehicle stocks turned in a lackluster performance in the week that ended on Oct. 13, with the volatility in the broader market serving a a drag on a week during which inflation and the start of the earnings season took the spotlight. Market leader Tesla, Inc. (NASDAQ:TSLA) had a down week...
















