California Gov. Newsom’s proposed EV rebates may exclude Musk’s Tesla
Spear Invest Founder and Chief Investment Officer Ivana Delevska talks about the value of AI data centers and the future of self-driving cars on “Making Money.” California Governor Gavin Newsom could exclude Tesla and other automakers from an electric vehicle (EV) rebate program if the incoming Trump administration eliminates federal tax credits for electric vehicle […]
Tesla stock jumps 8% on report Trump plans to ease regulations around self-driving cars
Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla shares soared more than 8% on Monday morning, but pared losses in the early afternoon after reports over the weekend that President-elect Trump's transition team was considering loosening regulations around self-driving cars. […]
Tesla shares surge on Trump’s regulatory plan for self-driving cars: report
Tesla shares rose 7.2% on Monday after reports that President-elect Donald Trump plans to speed up the regulatory process for self-driving cars. President Trump's transition team aims to make the federal framework for fully autonomous vehicles a top priority for the Department of Transportation, sources said. told Bloomberg. A streamlined regulatory system would greatly benefit […]
Hertz Accelerates Tesla Selloff as EV Fleet Depreciation Slams Rental Giant
Rental car giant Hertz is significantly expanding its electric vehicle sale-off program to combat rising EV depreciation costs, with used Tesla Model 3s now available for less than $20,000 It has become. Hertz's big investment in Tesla EVs turned into a disaster, causing huge losses and the CEO's job loss. Inside the EV report Hertz's […]
Hedge funds bet on Tesla, banks and other ‘Trump trades’ in Q3
Hedge funds piled up bets on financial stocks, Tesla stocks and prison operators in the third quarter ahead of rallies tied to Donald Trump's victory in the U.S. presidential election, according to filings. Many of the bets came to be known as the Trump trade, a corner of the market that sometimes hinged on the […]
Vandalized Tesla Cybertruck becomes bizarre ‘tourist trap’: Residents create makeshift memorial
This monument was literally free. Abandoned Tesla Cybertrucks have become Seattle's “shiniest new tourist trap,” with residents turning broken electric cars into roadside monuments like tombstones. The truck had visible suspension issues around the rear driver's side wheel, and it came to the attention of Reddit users after a city resident shared a snap of […]
Tesla recalls 2,400 Cybertrucks for concerns related to drive inverter
Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla is recalling 2,431 Cybertrucks due to a possible problem with the drive inverter. The National Highway Traffic Safety Administration (NHTSA) said the driving inverters in the recalled Cybertrucks may contain a “defect” […]
Hedge funds shorting Tesla lost more than $5B after Trump win: report
Hedge funds that bet on Elon Musk's Tesla lost billions of dollars after Donald Trump won the White House last week, according to a report. Investment firms that held short positions in the electric car maker's stock between Election Day and Friday's close took a theoretical hit of at least $5.2 billion. According to Bloomberg […]
Tesla headed for $2T valuation after Musk’s ‘big bet’ on Trump win, analysts say
Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla shares continue to soar after President-elect Trump secured a second term in the White House with CEO Elon Musk as a key backer, following last week's post-election rally. The electric vehicle manufacturer's […]
Musk's Tesla hits $1T market cap after Trump win
Tesla stock continued its massive rally on Friday, pushing the electric vehicle (EV) maker's market cap to more than $1 trillion. The company's stock was up 7% as of midday Friday. Tesla stock has risen nearly 26% since the market closed on Election Day. The company joins a small group of companies that have crossed […]