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"Magnificent Seven" stocks handily outperformed the S&P 500 index last year, but some of them aren't looking so magnificent in 2024. Tesla stock is down 33% year to date as the company grapples with s
Tesla's driverless car fleet is one of the reasons investors can justify a premium valuation for its shares.

What Rivian Needs to Do to Become Tesla

03:59am, Saturday, 27'th Apr 2024
Rivian's stock has plummeted since its IPO, contrasting sharply with Tesla's meteoric rise. Despite Rivian's losses, its growing fixed asset-turnover ratio indicates increasing efficiency.
In the first quarter, Tesla posted a double-digit year-over-year decline in auto revenue. But another industry leader is thriving, and it's deserving of a spot in the “Magnificent Seven.
We have Apple and Amazon on deck to report Q1 results this week, and we will need to wait a few more weeks before we see Nvidia's numbers. But we have already seen Q1 results from the other four membe
A lot of technology stocks are battered and bruised. Many once high-flying mega-cap tech stocks are taking it on the chin.
Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, the electric-vehicle maker said in its Worker Adjustment and Retraining Notification (WARN) notice earlier this week.
Tesla (TSLA) has announced that it will start producing an affordable E.V. by 2025. Wedbush's Dan Ives discusses this, as well as what we learned from big tech earnings.
Federal transportation agency finds Tesla's claims about feature don't match their findings and opens second investigation
Two U.S. senators on Friday urged regulators to bar Tesla from allowing the use of driver assistance system Autopilot on roads where it is not intended.
Federal authorities say a "critical safety gap" in Tesla's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities.
The NHTSA is looking into whether Tesla did enough to fix Autopilot technology issues in response to a mass recall after multiple crashes involving the driving system.
The National Highway Safety Administration said it had concerns about how Tesla handled the recall based on recent crashes and testing of cars that had been updated.
NHTSA is investigating Tesla's AutoPilot system again. Investors don't need to fret.

Tesla stock prediction for end of 2024

08:26am, Friday, 26'th Apr 2024
After an outstanding performance in 2023, this year has been forgettable for Tesla (NASDAQ: TSLA) stock. Declining sales, production setbacks, layoffs, and revenue shrinkage due to cost pressures are
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