Financial Updates and Visualizations
AutoNation (AN) is one of America’s largest new- and used-car dealers. Its fourth-quarter earnings, reported before the market opened Friday, missed Wall Street estimates, and the stock is now down 2.2% in morning trading. What management said about the state of the auto market is alarming. And tariffs aren’t helping either. The Back Story: Automotive […]
In the spirit of the great Eric Miller, Chief Strategist at Donaldson, Lufkin and Jenrette when I worked there in the 1990s, here are some Random Gleanings from today’s market activity. Nike (NKE) . There is no bigger Duke Blue Devil fan than me. In fact I was on campus at my alma mater last […]
Tesla Inc.’s Model 3 sedan and a Fiat Chrysler Automobiles NV’s luxury sedan were among six vehicles from U.S. and overseas car makers that have lost Consumer Reports’ “recommended” rating due to their “declining reliability,” the nonprofit consumer advocacy organization said Thursday. Tesla […]
If one wants to understand why Tesla (TSLA) has become such a polarizing company — creating legions of both fanatical bulls and fanatical bears — reading a pair of Tuesday tweets from Elon Musk wouldn’t be a bad place to start. In the first tweet, which at the time of this article has been liked […]
‘Everybody is beginning to adjust for Musk… Having been a portfolio manager for many years, I know how to adjust to what different CEOs say given their personalities and their aspirations… The same thing was happening with Amazon for years. We were considered crazy, and yet now it seems so obvious. I think the […]
Not one to shy away from controversy, Elon Musk weighed in on one of, if not the most, divisive topics in finance today: Bitcoin. Speaking with Cathie Wood of ARK Invest on a Tuesday podcast, Musk, the co-founder and chief executive of electric car maker Tesla Inc. […]
Tesla Inc. (TSLA) shares were down 0.7% in trading Wednesday after the electric carmaker announced it was replacing its general counsel Dane Butswinkas just two months after he joined the company. Butswinkas will be replaced by company vice president of legal, Jonathan Chang, who has been with Tesla for nearly eight years. The departure of Butswinkas is yet […]
Here are five things you must know for Wednesday, Feb. 20: 1. — Stock Futures Point to a Weaker Start for Wall Street U.S. stock futures pointed to a weaker start for Wall Street on Wednesday, Feb. 20, while global stocks traded cautiously higher amid increasing signs of tangible progress in U.S.-China trade talks and a suggestion from Donald Trump […]
Never one to shy away from bold predictions, Elon Musk contends Tesla Inc. (TSLA) will have all the technology in place by the end of this year for a fully self-driving car. In a podcast chat with ARK Invest CEO Catherine Wood and analyst Tasha Keeney posted Tuesday, Musk said “we will be feature-complete for […]
Tesla Inc. has filed its annual report, committing to paper its promises and expectations for the year and putting an initial price tag on last year’s going-private saga and restructuring. As part of its cash and non-cash expenses last year, Tesla […]