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Zacks News
Over the years, electric vehicle (‘EV’) maker Tesla has evolved into a dynamic technology innovator. It has transformed the EV market much the same way as Amazon changed the retail landscape and Netflix revolutionized entertainment. Tesla is the market leader in battery-powered electric car sales in the United States, owning around 60% of market share. In fact, the company’s flagship Model 3 accounts for about half of the U.S. EV market. Tesla, which has managed to garner the reputation of a gold standard over the years, is now a far bigger entity that what it started off since its IPO in 2010, with a market capitalization almost double the combined value of top two U.S. auto giants General Motors and Ford.
Auto Stock Roundup: September China Sales Up, Autonomous & EV Move On, Tesla in Focus
by Zacks Equity Research
China vehicle sales rise 5.7% in September, on a year-over-year basis. This is the fourth consecutive month of sales increase.
3 Industries To Thank For Nvidia's Record Stock Price
by Ryan McQueeney
Nvidia (NVDA) has gained more than 74% year-to-date, and the red-hot graphics chip manufacturer has easily emerged as one of Wall Street's most popular stocks. Want to know why? Here are the three industries to thank for Nvidia's meteoric rise.
Tesla Delays Truck Unveiling to Focus on Model 3 Issues
by Zacks Equity Research
Tesla (TSLA) delays the unveiling of the semi-truck in order to focus on mending production problems linked to Model 3 and raise battery production for hurricane-affected Puerto Rico.
Auto Stock Roundup: September Sales Rebound, EV Race Continues, Tesla Misses Production Goals
by Zacks Equity Research
Big automakers' willingness to shift towards electric vehicles continues. Following a prolonged slide, auto sales bounce back in September.
Thor Industries, Mattel, Tesla and Intel highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Thor Industries, Mattel, Tesla and Intel highlighted as Zacks Bull and Bear of the Day
3 Auto Stocks to Buy for the Electric Car Revolution
by Benjamin Rains
Tesla (TSLA), helped by its bold, futurist chief executive, grabs a ton of the coverage in the automotive industry's electric vehicle race, yet other more established carmakers might be positioned to fare better in the long-run.
Tech Stock Roundup: MSFT, NVDA, TSLA, INTC and More
by Sejuti Banerjea
Microsoft's Ignite conference, NVIDIA at China's GTC, Tesla moving some chip business from NVDA to INTC and Toshiba finally selling its chip business were the top stories last week.
Tesla (TSLA) Stock Pops Again, But Should Investors Hit The Breaks?
by Benjamin Rains
Tesla (TSLA) stock surged after a new analyst upgrade on Wednesday, despite the electric car company's recent failure to meet production goals for its Model 3 sedan.
Automakers Dash Toward EV Future With Little Clue to Profits
by Zacks Equity Research
Automakers are investing huge amounts in an all-electric future. But the new EV technology has not turned out to be a money spinner.
ETF Scorecard for September 2017
by Sanghamitra Saha
Inside what was hot and what was not in the month of September.
Tesla (TSLA) Fails to Meet Production Target of Model 3
by Zacks Equity Research
Tesla (TSLA) misses third-quarter 2017 production goals of new Model 3 sedan, indicating that production has not been as smooth as expected.
General Motors (GM) to Give Thrust to Electric Vehicles
by Zacks Equity Research
General Motors (GM) plans to launch two new electric vehicles in the next 18 months. It also intends to add more than 20 electric or hydrogen fuel cell vehicles by 2023.
The Zacks Analyst Blog Highlights: Tesla, Toyota Motor, Allison Holdings and Volkswagen
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Tesla, Toyota Motor, Allison Holdings and Volkswagen
Toyota to Form Joint Venture With Mazda for EV Technology
by Zacks Equity Research
Toyota (TM) is going to tie up with Mazda Motor Corp to develop electric-vehicles technology.
Tesla (TSLA) Moves a Step Closer to Production in China
by Zacks Equity Research
China is mulling over relaxing rules pertaining to the requirement of tying up with a local company, for manufacturing vehicles in the mainland. This may come in handy for Tesla (TSLA).
Tesla, Advanced Micro to Develop AI Chip for Driverless Cars
by Zacks Equity Research
To upgrade software for homemade self-driving electric vehicles, Tesla (TSLA) partners Advanced Micro Devices to develop artificial intelligence chip.
Amazon Glasses, Toys 'R' Us Bankruptcy, and Tesla-AMD Partnership
by Ryan McQueeney
On today's episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including Amazon's plans to enter the wearables market, the bankruptcy of Toys 'R' Us, and the rumored partnership between Tesla and AMD.
Why Did Nvidia (NVDA) Stock Slump Today?
by Ryan McQueeney
Shares of Nvidia Corporation (NVDA) were down more than 3.3% through early afternoon trading Thursday. The dip appears to be a cautionary response to recent reports that a certain electric car giant had chosen its chip-making rival for a new AI partnership.
Auto Stock Roundup: Recalls Continue, Ford Partners Mahindra, AutoZone Reports Q4 Results
by Zacks Equity Research
Big automakers' readiness to shift toward electric vehicles continues. However, a few automakers are plagued with recalls.
Investors Bullish on AMD's AI Partnership with Tesla
by Ryan McQueeney
Shares of Advanced Micro Devices (AMD) opened higher on Thursday as investors continued to react to reports that the trendy chipmaker is working with Tesla (TSLA) to develop AI processors for self-driving cars.
Electric Vehicles on Top Gear, Automakers Shift Focus
by Zacks Equity Research
Government support, cost efficiency, technical supremacy and increasing acceptance are working in favor of electric vehicles.
The Zacks Analyst Blog Highlights: Tesla, Honda Motor, BMW, Volkswagen and Daimler
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Tesla, Honda Motor, BMW, Volkswagen and Daimler
4 Auto Stocks with Great Value for the EV Race
by Zacks Equity Research
The pollution worry prods many countries to shift gears to electric vehicles. This vital change puts the auto industry in an inflection point with only high-value stocks likely to emerge winners.
Company News For Sep 15, 2017
by Zacks Equity Research
Companies in the news are: UNFI,LSCC,EFX,TSLA
Why Did Tesla (TSLA) Stock Pop Today?
by Benjamin Rains
Tesla (TSLA) saw its stock price dip slightly in early morning trading Thursday, but the electric car maker's shares went on to jump over 3% higher than yesterday's closing price. Let's take a look at what happened to quickly reverse Tesla's one-day fortunes.