Today, the market witnessed some significant shifts, with Tesla seeing a notable rebound while Nvidia struggled to maintain momentum. Tesla’s Recovery After enduring a rough start to the week—falling by 3.5% on Monday and another 7% drop on Tuesday—Tesla showed resilience, closing the day up by 5.5%. This bounce followed the announcement of new legislation…
Tesla stock saw a significant decline of 6% on Tuesday, extending a downward trend that has lasted for five consecutive days, resulting in a $200 billion loss in market cap. The drop came on the heels of several factors raising concerns about the company’s future prospects. BYD’s Partnership with DeepSeek and Increased Competition The main…
Tesla’s stock continued its downward trend on Monday, as concerns over CEO Elon Musk’s increasingly negative public perception and potential disruptions in electric vehicle (EV) incentives weighed heavily on investor sentiment. Shares of the company fell by 3.01%, with analysts pointing to Musk’s souring relationship with consumers as a key factor. Stephen Gengaro of Stifel…
Key Highlights: Market Overview: After a strong rally, U.S. markets retreated Thursday. The S&P 500 dipped 0.2%, meeting resistance at the 50-day line, while the Nasdaq Composite dropped 0.9%, falling below its 21-day and 50-day moving averages. The Dow Jones Industrial Average edged down 0.2%. In contrast, small caps and equal-weight ETFs showed resilience, with…
Elon Musk has donated 268,000 Tesla shares, valued at nearly $112 million, to charity. This donation was revealed in a regulatory filing on December 30, 2024. It follows previous donations Musk made in 2021 and 2022, where he gave $5.7 billion and $1.95 billion worth of Tesla shares, respectively. Why the Donation Was Made According…
Big Tech companies are preparing for a game-changing year in 2025, with several innovative products and updates set to redefine the tech landscape. Meta, Apple, OpenAI, Tesla, and Google are all expected to unveil new devices, AI advancements, and mixed-reality experiences that will shape the future of technology. Meta’s AI-Enhanced Smart Glasses and Personalized Assistants…
NASA’s Artemis program has announced an unexpected partnership with Toyota to send a Lunar Cruiser to the moon, transported by SpaceX. This surprising choice raises the question: why Toyota instead of Tesla? Here’s what we know about the Lunar Cruiser and its role in NASA’s ambitious lunar exploration plans. Toyota’s Lunar Cruiser: A Hydrogen-Powered Rover…
