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Gary Black Explains Tesla’s US EV Market Share Surge, Points to Legacy Retreat, Model Y Rejig: ‘It’s Implausible…’
Benzinga5d agobullish
Gary Black Explains Tesla’s US EV Market Share Surge, Points to Legacy Retreat, Model Y Rejig: ‘It’s Implausible…’

Investor Gary Black says that Tesla Inc.‘s (NASDAQ:TSLA) dominance over the U.S. domestic EV market could be attributed to a scaling down of EV efforts by legacy automakers, among other reasons. Model Y Rejig Drove Higher Sales In a post on X on Sunday, the Future Fund LLC co-founder quoted a post by Tesla investor and influencer Sawyer Merritt, which referenced a Wall Street Journal article about Tesla’s market share in the U.S. EV sector. “Correlation is not causation,” outlining “two main rea

General Motors (GM) Charging Network Tops 300 Sites, Is The Stock Still Below Fair Value?
Simply Wall St.44d agobullish
General Motors (GM) Charging Network Tops 300 Sites, Is The Stock Still Below Fair Value?

Pilot Travel Centers, General Motors (GM) and EVgo recently reported that their shared fast-charging network has passed 300 locations with 1,300 stalls across 40 states, now reaching about 75% of the contiguous United States. See our latest analysis for General Motors. For General Motors, the charging milestone comes at a time when momentum in the stock has been building, with a 16.2% 1 month share price return and a 69.5% 1 year total shareholder return. Longer term holders have seen even...