Tag: Tesla Inc

  • Ford’s plan for EV profitability in 2026

    Ford forecast a drastic turnaround for its electric vehicle unit on Thursday, reiterating that it expects its EV business to be solidly profitable by the end of 2026. Here’s a step-by-step look at how Ford expects the Model e to achieve a positive EBIT profit margin of 8% in less than four years. Wall Street […]

  • Crypto will be ‘over’ in the US if Coinbase loses battle with SEC. This is why

    Hello! Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. Crypto exchange Coinbase MINT said Wednesday it received a notice from Wells from the Securities and Exchange Commission that could lead to formal charges. The SEC’s Wells notice covered an unspecified portion of the exchange’s publicly traded digital assets, the staking […]

  • TSLA, FRC, UBS, FL and more

    A vehicle charges at a Tesla Supercharging station in Corte Madera, California, USA on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making the biggest strides in premarket trading: Tesla – The electric vehicle maker rose 2% after Moody’s gave it a Baa3 rating and removed its […]

  • Goldman’s strong balance basket is beating the market

    Stocks with strong balance sheets are gaining popularity as the broader market fluctuates through the ongoing banking crisis. Goldman Sachs’ basket of 50 S&P 500 companies with strong balance sheets has outperformed its weak balance sheet basket by six percentage points since March 8, the day Silicon Valley Bank’s downward spiral began, according to a […]

  • Wall Street stocks bribe for the rise of electric vehicles

    The global automotive industry is in transition as consumers increasingly eschew combustion engine vehicles for electric vehicles. It means EVs are capturing a larger share of the global car market, according to French investment bank Societe Generale, with a third of cars sold in China now being electric. The “sharp acceleration” of electric vehicle adoption […]

  • Deadly Tesla fire truck collision under federal investigation

    Federal vehicle safety regulators have launched a special accident investigation to determine the cause of a fatal collision between a Tesla Model S and a fire engine in February 2023. The driver of the Model S died, a passenger was seriously injured and four firefighters were taken to the hospital immediately after the crash, according […]

  • Stocks making the biggest premarket moves: CRWD, OXY, TSLA

    CrowdStrike IPO on the Nasdaq exchange June 12, 2019. Source: Nasdaq Here are the stocks making notable moves in premarket trading on Wednesday, March 8. CrowdStrike – Shares of the cybersecurity company rose more than 6% in premarket trading after a better-than-expected fourth-quarter report. CrowdStrike generated 47 cents in earnings per share on $637 million […]

  • At Tesla’s Investor Day, 17 executives attended, knocking Musk out of the spotlight

    Tesla’s investor day this week helped draw shareholders’ attention to the broader organization under Tesla’s famed CEO. However, the presentation could have used more focus and polish, said Marisa Thomas, founder of Pivotal Media, who has spent more than a decade training executives in technology, finance and elected officials to hone their presentation skills. Elon […]

  • CRM, BBY, M and more

    An employee enters the SalesForce Tower in San Francisco, California, USA, on Monday, March 14, 2022. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bell rings. Salesforce – Shares of the cloud software maker rose nearly 16% in premarket after the company beat Wall Street estimates across […]

  • 5 things you need to know before the stock market opens on Thursday, March 2

    Salesforce scores with its earnings report. Tesla’s latest ‘master plan’ flops. President Biden is preparing to veto an anti-ESG measure. Here are the most important news items investors need to start their trading day: The gloom of February passed into March. The three indices fell or flattened on Wednesday (the Nasdaq and S&P 500 fell […]