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Should You Pay A Growth Price For Tesla's Thin Profits?
Trefis15d agoneutral
Should You Pay A Growth Price For Tesla's Thin Profits?

Tesla (TSLA) trades at about $357, and most of the argument around it is about what the company will build next. A plainer number gets less attention, and it is how much of each sales dollar the company keeps. Its operating margin over the past twelve months was 4.6%. That is the figure a holder should weigh before anything else.

What Does Rivian Automotive (RIVN) CFO Claire McDonough's Exit Mean?
Simply Wall St.15d agoneutral
What Does Rivian Automotive (RIVN) CFO Claire McDonough's Exit Mean?

Rivian Automotive (NasdaqGS:RIVN) announced that Chief Financial Officer Claire McDonough will step down from her role and exit the company. Derek Mulvey has been appointed interim CFO as Rivian prepares for a leadership transition in its finance team. McDonough has been a key financial leader for Rivian since its IPO, and her departure marks a significant executive change for the electric vehicle maker. Consider broadening your watchlist by looking at other companies led by founders...

Lucid’s CEO Promised a $1.4 Billion Turnaround, Then This Happened
24/7 Wall St.16d agoneutral
Lucid’s CEO Promised a $1.4 Billion Turnaround, Then This Happened

Lucid Group (NASDAQ:LCID) stock trades at $4.81 midday, while the average analyst price target sits at $8.11. That gap implies upside of more than 70%. Lucid designs and builds luxury electric vehicles from Newark, California. CEO Silvio Napoli filed an operational reset on August 4 promising $1.4 billion in cash flow improvements this year. Napoli […]