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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: US Sales Rebound, Record China Sales for Ford & GM
by Zacks Equity Research
The auto sector rejoiced last week as U.S. sales figures finally improved after falling for three months.
Tesla to Recall Charging Adapters on Overheating Issues
by Zacks Equity Research
Tesla Motors, Inc. (TSLA) has decided to recall three types of charging adaptors after it received reports of overheating issues.
Why Is It Worth Paying a Premium for NVIDIA Corp. Stock?
by Zacks Equity Research
Let's look at why NVIDIA Corporation (NVDA) with a high TTM and forward P/E multiples is still a favorite of investors and is worth buying at its current price.
Why GM Is Willing to Lose 9K on Each Green Vehicle Sold
by Zacks Equity Research
General Motors Company (GM) is expected to incur a loss of around $9,000 on every Chevrolet Bolt it will be selling in the U.S.
Tesla (TSLA) Gains Approval to Open Stores in Richmond
by Zacks Equity Research
Tesla Motors, Inc. (TSLA) has received approval from the Virginia Department of Motor Vehicles commissioner to operate through its own stores in Richmond, VA.
Auto Stock Roundup: 4 Automakers to Form European Charging Network, THO Posts Earnings
by Zacks Equity Research
The performance of auto sector companies was mostly positive last week.
Ford & Other Automakers to Form European Charging Network
by Zacks Equity Research
Ford (F) announced that it is teaming up with BMW (BAMXF), Daimler (DDAIF) and Volkswagen (VLKAY) to set up an electric charging network in Europe.
Bull of the Day: NVIDIA (NVDA)
by Kevin Cook
Record sales & profits are the result of high demand for intelligent graphics processors across several industries
It's Official: Tesla-SolarCity Merger Approved by Shareholders
by Madeleine Johnson
On November 17, shareholders of electric car company Tesla Motors Inc. (TSLA) and solar panel manufacturer SolarCity Corp. (SCTY) approved the buzzworthy deal to combine the two companies.
Solar Stocks (SCTY, SPWR) Slump on Earnings, Trump Victory
by Ryan McQueeney
Shares of some of the market's most popular solar energy stocks, including SolarCity (SCTY) and SunPower (SPWR), as well as the Guggenheim Solar ETF (TAN) and the Vaneck Vectors Solar ETF (KWT), continue to slump Thursday as the market adjusts to Donald Trump's upset victory in the election and relatively mixed earnings results.
Here's Why Tesla Just Bought a German Engineering Firm
by Ryan McQueeney
Electric car giant Tesla Motors (TSLA) announced Tuesday that it has agreed to buy Grohmann Engineering, a German automated manufacturing specialist. Tesla is not only ramping up production at its main facility in Fremont, California, but also investing in foreign manufacturing, as today's announcement implies.
Tesla to End Free Supercharging Program for New Buyers
by Madeleine Johnson
On Monday, electric car maker Tesla Motors Inc. (TSLA) announced changes to its Supercharging network program: new customers who purchase a Tesla Model X or Model S after January 1, 2017 will now have to pay a ???small fee??? when filling up at a station.
The Zacks Stocks in the News Blog Highlights: Tesla, General Electric, Baker Hughes, Amazon, Fitbit
by Madeleine Johnson
The Zacks Stocks in the News Blog Highlights: Tesla, General Electric, Baker Hughes, Amazon, Fitbit.
The Zacks Analyst Blog Highlights: Ford Motor, Honda Motor, Tesla Motors and General Motors
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Ford Motor, Honda Motor, Tesla Motors and General Motors
Brexit Still Means Brexit, Plus CAB, TSLA
by Mark Vickery
Great Britain still needs to execute Article 50, the measure that would effectively shift Britain???s laws from the EU back to the UK, and this is expected to happen sometime in late March 2017.
Market News Over Summer Vacation: PFE, AZN, TSLA, LZB
by Mark Vickery
You know you're in a slow news cycle when the market focus is on a Janet Yellen speech that doesn't happen until Friday, and no one expects any action to come of it anyway.
New Research Reports for Tesla, Exxon, JNJ & Others
by Sheraz Mian
Today's must-read reports are for Exxon Mobil (XOM), Johnson & Johnson (JNJ) and Tesla (TSLA).
M&A Deals Take Headlines from Q2 Earnings: VZ, FLTX, TSLA, SCTY
by Mark Vickery
Uber China is merging with its main rival Didi, Verizon makes another noteworthy purchase, and Tesla works to sell its acquisition of SolarCity.
Research Reports on Facebook (FB), Tesla (TSLA) & Others
by Sheraz Mian
We are featuring six research reports today, including Facebook (FB), Tesla (TSLA), Johnson & Johnson (JNJ) and others.
Bull of the Day: Amazon (AMZN)
by Kevin Cook
Master of the Web is opening the spigot on profits as AWS begins to gush sales growth
Shortened Week of Important Econ Data
by Mark Vickery
June jobs reports -- and plenty more -- will provide context and articulation to our current market environment.
Top 6 Research Reports for July 5, 2016
by Mark Vickery
Today's must-read reports are for Lockheed Martin (LMT), Cisco (CSCO) and General Mills (GIS).
Elon Musk Merging Tesla (TSLA) with SolarCity (SCTY)
by Mark Vickery
Is it a move to rescue Musk's solar power enterprise, or are there big synergies behind this move only he can see right now?
Stock Market News for May 23, 2016
by Zacks Equity Research
Benchmarks closed in positive territory on Friday following speculations that indications of a Fed rate hike signal that the economy may be strengthening
Buy These 3 Scorching Solar Stocks Now
by Jeremy Mullin
The energy sector looks to have bottomed and these solar stocks are in focus.