To The Moon

With Tesla facing a barrage of negative headlines, investors are questioning its long-term viability.

Tesla's energy team, which sells solar and battery-storage products for homes and businesses, was tasked with taking over Superchargers and calling some partners to close out ongoing charger-construction projects, said three of the former Tesla employees. One construction contractor said Tesla staffers contacting his company since the layoffs “don’t know a thing.” The contractor said he had expected Supercharger projects to provide about 20% of his 2024 revenue but now plans to diversify to avoid relying on Tesla. Tinucci was one of few high-ranking female Tesla executives. She recently started reporting directly to Musk, followin

Directors have hired an adviser andlaunched a website to secure the CEO’s compensation.Vehicles at a Tesla store in Colma, California.Tesla Inc. is looking to woo its unusually large base of retail in

Alibaba's stock rallied 5.7% on Monday ahead of its highly anticipated March quarter earnings release, with analysts expecting $30.42 billion in revenue and $1.42 in EPS.The earnings release will prov

Tesla stock was rising in premarket trading Friday after CEO Elon Musk said the electric-vehicle company would be spending "well over" $500 million to expand its Supercharger network.In a post Friday on his social media platform X, Musk said Tesla would be creating "thousands of NEW chargers this year. That's just on new sites and expansions, not counting operations costs, which are much higher.". The announcement from Musk follows reports last week that said Tesla was cutting its Supercharger team of around 500 people.The gains for Tesla Friday put the stock on track to halt three consecutive down days.Shares rose 1% in premarket trading to $173.66, while S&P 500 and Nasdaq Composite futures both were rising 0.4%.Coming into Friday, Tesla stock has fallen about 5% for the week with drops on Tuesday, Wednesday, and Thursday.

The latest results from Berkshire Hathaway shows that the conglomerate had nearly $200 billion - $189 billion, to be precise -in cash at the end of the first quarter.That's after Warren Buffett and co. trimmed its stake in giants including Apple and Chevron. "We only swing at pitches we like," Buffett said this weekend.Elon Musk has an idea on how some of that Berkshire Hathaway cash can be deployed - Tesla , which of course is the company he runs. "He should take a position in Tesla. It's an obvious move," said Musk in a message on the social media service X, which he owns.Musk didn't explain why it would be obvious. Buffett, and his late partner, Charlie Munger, have praised the world's third-wealthiest billionaire previously. "What Tesla has done in the car business is a minor miracle," said Munger.Tesla's financials are not the sort, however, to typically attract Buffett.

The Chinese EV sector has been ravaged over the past year, and NIO stock hasn't been immune to this drawdown, but there are catalysts here.

ZINGER KEY POINTSApple added $180 billion in market cap after it announced the largest buyback in history.Big techs are ramping up buybacks, with the U.S. stock repurchases set to cross $1 trillion for the first time ever this year.Apple Inc. reporteda modest beat on its quarterly earningsand issued June-quarter revenue guidance that wasn’t as bad as feared. The stock, however, took off thanks to the company’s generous shareholder return plan. Apple hiked its quarterly dividend by 4.17% and anno

Hong Kong shares of NIO Inc jump 19.2% to HK$42.60, their highest since March 19.Stock on course for fourth consecutive session of rise, if gains hold.Stock marks the biggest one-day pct rise since November 2022; top gainer on Hang Seng Tech Index and Hang Seng Composite Index.U.S.-listed stock rose 11.7% on Wednesday.NIO said it delivered 15,620 vehicles in April, up 134.6% YoY; it delivered 45,673 vehicles YTD in 2024, up by 21.2% YoY.Hang Seng Tech Index climbs 0.9%, Hang Seng Composite Index