Summary: Despite record profits and vehicle deliveries in Q4, Tesla (Nasdaq: TSLA) stock is still down over 16% in the past month. The most recent Tesla earnings date, January 26, showed the company is still crushing expectations and is expecting the momentum to continue this year. Yet overall market weakness, particularly in growth stocks, is weighing on the … Read More
Key Points: Among early stage electric vehicle (EV) stocks, Rivian Automotive (NASDAQ:RIVN) is one that’s been placed in the winner’s circle even though it has yet to cross the finish line. And while RIVN stock may be down big from its all-time high, hit right after its IPO, shares sport a “priced for perfection” valuation. With RIVN stock … Read More
For the past few summers, I’ve been spending my vacation in Wisconsin to spend time with my family and to take a break from my East Coast life. I always look forward to these summer vacations because I get to hang out with my dad and experience the serenity that comes with being secluded from … Read More
A small town named Commerce, Georgia, is about to become the electric vehicle battery manufacturing capital of the country. SK Innovation (KRX: 096770) is a large South Korean energy and chemical company. It operates globally in four segments: lubricants, petrochemicals, petroleum and others. And “others” includes lithium-ion batteries. Much to the delight of Commerce residents, … Read More
Tesla (TSLA) shares are getting a nice pop on Monday following much better than expected first quarter delivery numbers, but the real upside to shares in the medium-term will be in part due to efforts out of the Biden administration to get people into electric cars. Or so says Wedbush tech analyst Dan Ives, who … Read More