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Tesla's stock is getting trounced by EV challenger Lucid, which is leading techs' 2023 rally thanks to Saudi takeover rumors

Wed, 02/08/2023 - 06:34

Photo of Lucid Motors car in front of Lucid power plant and manufacturing car 4x3 — Lucid Motors' share price has rallied 69% this year.
Lucid Motors; Reuters; Rachel Mendelson/Insider

Markets, MI Exclusive, Stocks, lucid motors, TSLA stock, LCID, tesla

Tesla's market fortunes are turning round – with Elon Musk's company on track for its best month since 2020 after last year's dismal run

Mon, 01/30/2023 - 10:02

Elon Musk — Tesla is on track for its best month since November 2020, with its share price having surged 44%.
Susan Walsh/AP

Markets, MI Exclusive, Elon Musk, tesla, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy

Lucid spikes 98% on speculation Saudi investment fund may buy out remaining stake in the EV maker

Fri, 01/27/2023 - 16:04

Lucid Air — Lucid Air
Lucid Motors

Markets, MI Exclusive, Lucid Group, LCID stock price, Public Investment Fund of Saudi Arabia, PIF, Saudi PIF

Tesla is back on top in Cathie Wood's flagship ARK ETF as the famed money manager shakes up her largest holdings

Fri, 01/27/2023 - 12:37

Cathie Wood — Photo by Marco Bello/Getty Images

Markets, MI Exclusive, Cathie Wood, ARK Invest, ARK Investment Management, money manager, tesla

Investors don't listen to Elon Musk on the economy, Tesla bull Gary Black says as he rebukes recession claims

Fri, 01/27/2023 - 07:13

Elon Musk — Elon Musk warned that there could be a severe recession in Tesla's fourth-quarter earnings call Wednesday.
Carina Johansen/Getty Images

Markets, MI Exclusive, Elon Musk, tesla, Tesla earnings, TSLA, tesla stock

Tesla stock shakes off Elon Musk's 'funding secured' trial and rallies 11% after fourth-quarter earnings beat

Thu, 01/26/2023 - 09:32

Elon Musk in 2020 — Tesla shares rallied Thursday after the electric carmaker beat Wall Street's fourth-quarter targets.
Yasin Ozturk/Getty Images

Markets, MI Exclusive, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis, Investing Outlook

Tesla took a $34 million impairment charge on its bitcoin holdings last quarter as crypto values plunged

Thu, 01/26/2023 - 09:23

Elon Musk with a bitcoin symbol — Marco Bello/Win McNamee/Getty Images

Markets, MI Exclusive, tesla, Elon Musk, Bitcoin, tesla bitcoin elon musk, TSLA

Elon Musk on Saudi 'ass-covering' and 10 other things the Tesla boss said to defend himself in the 'funding secured' trial

Wed, 01/25/2023 - 11:53

Tesla CEO Elon Musk is questioned by the investors' attorney Nicholas Porritt during a securities-fraud trial at federal court in San Francisco, California, U.S., January 23, 2023 in this courtroom sketch. REUTERS/Vicki Behringer — A courtroom sketch shows Tesla CEO Elon Musk testifying on Monday.
Vicki Behringer/Reuters

Markets, MI Exclusive, Stocks, Elon Musk, tesla, TSLA, tesla stock

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