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Eli Lilly To Fly Higher? Fund Manager Gary Black Envisions Blockbuster Potential For Diabetes Drug Mounjaro
Thursday, October 12, 2023 - 4:40am | 571Read More...Eli Lilly & Co. (NYSE:LLY) has been a high-flier among the mega-cap pharma stocks this year, as the company leverages the obesity drug craze. Prominent Tesla investor and Future Fund Manager Gary Black weighed in on the stock’s run-up and its future trajectory. What Happened: Lilly stock...
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Tesla's High-Stakes Q3 Earnings Report: Will Margin Erosion Trigger Stock Selloff? 2 Analysts Weigh In
Wednesday, October 11, 2023 - 4:52am | 754Read More...Tesla, Inc. (NASDAQ:TSLA) is gearing up to reveal its third-quarter financial performance, and analysts are bracing for the report and subsequent earnings call. Scheduled for release next week, on Oct. 18, Tesla’s results come amidst a backdrop of price reductions and sluggish vehicle...
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Tesla Persists With Price Cuts After Underwhelming Q3 Sales, Rivian's $1.5B Debt Offering Sinks Stock, Lucid's Gamble With Cheaper Trim And More: Biggest EV Stories Of The Week
Saturday, October 7, 2023 - 10:56am | 1172Read More...Electric vehicle stocks closed the week that ended on Oct. 6 on a down note, although market leader Tesla, Inc. (NASDAQ:TSLA) managed to post a weekly advance despite reporting underwhelming third-quarter deliveries. The sector-wide weakness came amid the broader market volatility and some company-...
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Why Tesla Stock Is Having A Morning Meltdown Before Market Open
Friday, October 6, 2023 - 7:37am | 430Read More...Tesla, Inc. (NASDAQ:TSLA) shares fell in premarket trading on Friday as the company lowered prices of its Model 3, Y vehicles yet again in the U.S. In premarket trading, the stock fell 1.44% to $256.31, according to Benzinga Pro data. Late Thursday, Tesla tinkered with the prices of its two best-...
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Tesla's New Price Cuts Could Sour Wall Street EPS Projections, Says Analyst: 'No Way To Sugar Coat This'
Friday, October 6, 2023 - 2:26am | 609Read More...Tesla, Inc. (NASDAQ:TSLA) has been amping up its aggressive pricing strategy. A fund manager did not take kindly to the most recent round of price cuts the electric vehicle giant implemented for its Model 3 and Y cars in the U.S. What Happened: Tesla adjusted configurator prices of the Model 3, Y...
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Tesla 'No Longer Overly Cheap' But Remains 'Compelling,' Says Analyst After Stock's 5% Surge
Thursday, October 5, 2023 - 4:41am | 502Read More...Tesla, Inc. (NASDAQ:TSLA) had a solid trading session on Wednesday, surging over 5% amid a broader market slump triggered by a decline in bond yields. Tesla investor and Future Fund Managing Partner, Gary Black, shared his perspective on the stock’s resurgence. The Tesla...
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'High Likelihood' Of Rivian Raising 2023 Production Guidance, Says Analyst After Q3 Delivery Beat Fails To Impress Investors
Tuesday, October 3, 2023 - 1:17am | 416Read More...Rivian Automotive, Inc. (NASDAQ:RIVN) shares fell on Monday despite the electric vehicle maker’s third-quarter deliveries exceeding expectations. Future Fund’s Gary Black weighed in on the discord between the deliveries update and the stock reaction in a post on X, formerly Twitter, on...
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Tesla Set To Extend 3-Day Losing Streak? What's Driving Shares Lower Premarket
Monday, September 25, 2023 - 8:06am | 335Read More...Tesla, Inc. (NASDAQ:TSLA) shares were falling before the opening bell on Monday following three consecutive sessions of losses, pushing the stock to its lowest closing level since Aug. 28. Concerns over potential shortfalls in third-quarter deliveries contribute to the negative...
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Elon Musk Takes Israel's Prime Minister Netanyahu, Wife For A Spin In The Cybertruck Ahead Of Launch
Tuesday, September 19, 2023 - 2:35am | 478Read More...Israeli Prime Minister Benjamin Netanyahu and Tesla, Inc. (NASDAQ:TSLA) CEO met on Monday to discuss the artificial intelligence technology, its prospects and perils. The discussion between the two luminaries was broadcast live on social media platform X, formerly Twitter. The Israeli PM also urged...
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Why This Analyst Expects Rivian's 2023 Production Guidance To Go Higher In October
Monday, September 18, 2023 - 8:11am | 425Read More...Electric vehicle manufacturer Rivian Automotive, Inc. (NASDAQ:RIVN) is the frontrunner among the startups in the space, given its execution. A fund manager on Monday offered a bullish take on the company’s near term. What Happened: Rivian is likely the biggest beneficiary as the United Auto...
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Tesla Big Winner Of UAW Strike, Rivian Stands Tall Among Startups, Nikola CEO Calms Nerves And More: Biggest EV Stories Of The Week
Saturday, September 16, 2023 - 9:05am | 1183Read More...Electric vehicle stocks capitalized on the strength seen in the broader market, with most advancing solidly for the week. EV pioneer Tesla, Inc. (NASDAQ:TSLA) gained early on as Morgan Stanley’s Adam Jonas upgraded the stock and raised the price target to $400, citing the potential of the...
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Tesla's Cybertruck Reservations Surpass 2M As Commercial Launch Draws Close
Saturday, September 16, 2023 - 4:55am | 393Read More...The commercial launch of Tesla, Inc.‘s (NASDAQ:TSLA) Cybertruck could begin any time in the near term and the frenzy over the electric pick-up truck from the company's stable keeps growing. What Happened: Net reservations for Cybertruck have now crossed the two million-threshold, showed data...
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Tesla Stock On Track To Extend Winning Streak To 3 Sessions: What's Going On?
Friday, September 15, 2023 - 7:57am | 398Read More...Shares of Tesla, Inc. (NASDAQ:TSLA) rose in premarket trading on Friday following positive finishes in the past two sessions. The immediate catalyst that could be lifting the stock higher is the United Auto Workers’ union strike, which is impacting production at legacy automakers General...
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Why This Tesla Investor Expects 3Q Deliveries To Undershoot Expectations: 'We Remain Bullish But Wary'
Friday, September 15, 2023 - 6:06am | 619Read More...Tesla, Inc. (NASDAQ:TSLA) shares have been on a rebound since the start of the week, but the near term could be rocky, according to comments from Future Fund Managing Partner Gary Black. Q3 Deliveries To Come In Light? There is a noticeable disconnect between the earnings per share estimates for...
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Should Tesla Sell Shares Or Initiate A Buyback? Here's What Analysts Have To Say
Thursday, September 14, 2023 - 4:58am | 549Read More...Tesla, Inc. (NASDAQ:TSLA) stock regained some momentum in the past three sessions on the back of a positive analyst rerating after being stuck in a range, and an analyst offered an “out-of-the-box” idea to increase its competitive positioning in the electric vehicle market. What...
















