Here is what you need to know on Tuesday, November 16: Tesla (TSLA) loses its membership in the $1 trillion club as the stock slides again after more
BOSTON, Nov. 16, 2021 /PRNewswire/ -- In this article, IDTechEx analysts take a look back at the key events and trends from the future mobility world over the past year and what to look out for in 2022. Big Market Splashes: Tesla the Tech Giant, Huge IPOs & SPACs If there is one thing
Tesla chief executive Elon Musk has sold almost $8 billion worth of stock over the past week, with share prices falling 13%. Xinhua via Getty Images

Trading Nation Stock: Tesla, Nvidia And Microsoft Ahead Of Themselves

11:50am, Tuesday, 16'th Nov 2021 Brand Spur Nigeria
In the Trading Nation Stock charts, Tesla, Nvidia and Microsoft are overextended on a relative strength basis. The firms chief market strategist Miller Tabaks Matt Maley told CNBCs Trading Nation on Friday that the stock charts of these companies are ahead of themselves. The stocks of great companies sometimes get way ahead of themselves. It doesnt mean theyre not []

Xiaomi led $70 million investment in LiDAR unicorn Hesai

11:42am, Tuesday, 16'th Nov 2021 PingWest
Shanghai-based company Heisai Technology announced today on its WeChat account that it has bagged $70 million from Chinese smartphone and IoT giant Xiaomi in Series D + round funding. In June, Hesai just brought in $300 million in Series D round led by Hillhouse, Xiaomi, food delivery giant Meituan, and CPE, the private equity platform of Citic. The new proceeds from D round and D+ round will be spent on supporting the companys mass production and deliveries of solid-state laser sensors, the construction of a smart manufacturing center, and R&D of auto-grade high-performance lidar chips. Lidar stands for Light Detection and Ranging, which uses laser pulses to build a 3D model of the environment around the car. Essentially, they help autonomous vehicles see other objects. Tesla CEO Elon Musk famously said any company relying on lidar is doomed. Tesla instead believes automated driving functions are built on visual recognition. Instead, Chinese tech companies and EV manufactures are betting on the lidar sector.

Tesla Stock Price and Forecast: Why is TSLA stock so high?

11:41am, Tuesday, 16'th Nov 2021 FXStreet
Tesla (TSLA) stock fell again on Monday just under 2%, and this latest fall puts it in serious jepoardy of losing exclusive membership of the $1 trill

Elon Musk sells another $931 million of Tesla stock

11:31am, Tuesday, 16'th Nov 2021 CNN
Tesla CEO Elon Musk''s sales of his company''s stock continued Monday. His latest filing promises more are coming.

Taxes arent the only reason Elon Musk is selling Tesla stock

11:30am, Tuesday, 16'th Nov 2021 Bitcoin Ethereum News
The post Taxes arent the only reason Elon Musk is selling Tesla stock appeared on BitcoinEthereumNews.com . SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Teslas gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters
The global electric truck market is estimated to grow from $1.15 billion in 2020 to $14.19 billion by 2027. Removing typical barriers to commercial electric vehicle adoption, such as affordability and range has hence, become extremely vital. Playing an enabling role in helping global economies meet ambitious policy goals, electric and hydrogen truck pioneer, London-based [] The post Tesla rival Tevva vrooms in with $57M to propel Britains electric truck revolution appeared first on UKTN (UK Tech News) .
Tesla had to make changes to its FSD Beta 10.3 software last month because Teslas electric vehicles too often resorted to automatic braking for no The post Tesla electric car owners are increasingly facing false automatic braking appeared first on Gizchina.com .
Most of Elon Musk''s Tesla stock sales don''t appear to be connected with taxes, accountants said, which could mean he will unload far more stock than expected.

JPMorgan sues Tesla over Elon Musks tweets

10:40am, Tuesday, 16'th Nov 2021 Chronicle NG
JPMorgan Chase & Co (JPM.N) on Monday sued Tesla Inc (TSLA.O) for $162.2 million, accusing Elon Musks electric car company of flagrantly breaching a contract related to stock warrants after its share price soared. According to the complaint filed in Manhattan federal court, Tesla in 2014 sold warrants to JPMorgan that would pay off if []

The EV stock bubble: why Im avoiding Rivian, Lucid, and Tesla

10:40am, Tuesday, 16'th Nov 2021 The Motley Fool UK
Edward Sheldon believes electric vehicle stocks are in a bubble right now, due to their high valuations. Here are three shares he''s avoiding. The post The EV stock bubble: why Im avoiding Rivian, Lucid, and Tesla appeared first on The Motley Fool UK .
J.P. Morgan is filing a legal challenge against Tesla for allegedly violating a contract related to stock warrants after its share value increased. Filing the complaint in a Manhattan federal court, the bank accused Tesla of default and demanded $162.2 million. According to the document, J.P. Morgan bought warrants from Tesla that would pay off []
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