Nine years ago, Tesla nearly drained its cash reserves trying to scale a new vehicle line, a stretch of chaos Elon Musk later called production hell. Rivian (RIVN) is now running its own version of that gauntlet with the R2, the affordable SUV meant to turn a niche automaker into a mass-market one. ...
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Goldman Sachs upgraded Chinese EV maker Nio despite the fact the country's electric vehicle market continues to struggle. Shares are up about 7% this week.
Jefferies upgraded Ford and General Motors as they moved past last year's electric vehicle losses. Ford stock rose about 1%, while General Motors advanced around 2.5%.
Analysts at Wedbush gave SpaceX an "outperform" rating with a price target of $190 a share. The stock rose 2% on Wednesday morning.
For the better part of a decade, JPMorgan was one of Tesla's most reliable institutional bears. Ryan Brinkman, who covered the stock for the bank since 2015, told investors to sell through earnings beats, record highs, and multiple cycles of Wall Street enthusiasm. His final target of $145, ...
Tesla bear JPMorgan revised its view on Elon Musk's electric vehicle company. The stock is down about 4% this week.
If you've ever wondered who makes the machines that build the chips powering artificial intelligence (AI), Applied Materials (AMAT) is a good place to start your education. It doesn't make chips. But it manufactures the equipment that enables chipmaking, and right now, the world can't get enough of ...