Jeremy Grantham cofounded the asset management firm GMO. Boston Globe/Getty Images Legendary investor Jeremy Grantham said US stocks are hugely overpriced, predicted copper prices should shoot higher in the coming years, and that he had an “overprivileged” lockdown in an interview at the Morningstar Investment Conference Australia this week. The cofounder of asset management firm… Continue reading Jeremy Grantham said US stocks are heroically overpriced, copper should shoot higher, and that he had an ‘overprivileged’ lockdown in a recent interview. Here are the 14 best quotes.
Tag: Tesla
@niche: Tesla bounces back, Musk spooks Bitcoin, Facebook suspends Trump 000929
Reuters FOREX-Dollar falls after U.S. jobs data dims hopes for Fed tightening The dollar fell on Friday after U.S. nonfarm payrolls data showed hiring increased in May as the pandemic eased, but not as much as expected, tempering expectations the Federal Reserve will tighten monetary policy sooner, rather than later. Nonfarm payrolls increased by a… Continue reading @niche: Tesla bounces back, Musk spooks Bitcoin, Facebook suspends Trump 000929
Electric Car Batteries Are Turning This Country Into an Actual Hellscape
Cobalt mining is having a disastrous impact on the Democratic Republic of the Congo. Buried Treasure As the demand for gadgets and electric cars grows, so too are the mining operations that dig up cobalt to use in lithium-ion batteries. And that’s become a serious problem for the Democratic Republic of the Congo, The New… Continue reading Electric Car Batteries Are Turning This Country Into an Actual Hellscape
Ford stock was cheaper than a sandwich. Now shareholders are gloating.
Ford is viewed as following Tesla into a focused, all-electric strategy and taking the battery-operated vehicles to a new level. Go to Source
Ford has made more electric Mustangs than gas-powered ones this year, due to the global chip shortage
Production of Ford’s all-electric Mustang Mach-E is outpacing the traditional gas model. The company reported that 27,816 Mach-E’s have been made, compared with 26,089 traditional Mustangs. Production of the gas version was suspended in May due to the worldwide shortage of semiconductors. See more stories on Insider’s business page. More electric Mustangs have been made… Continue reading Ford has made more electric Mustangs than gas-powered ones this year, due to the global chip shortage
Tesla officially applies to build battery cells at Gigafactory Berlin
Tesla has officially applied to manufacture battery cells at Gigafactory Berlin. It’s expected to be among the first locations to produce Tesla’s new 4680 cell. At its “Battery Day” earlier this year, Tesla unveiled its own battery cell, the Tesla 4680, and explained its plan to produce its own battery cells for the first time. Tesla… Continue reading Tesla officially applies to build battery cells at Gigafactory Berlin
UK new car registrations soar 674% as recovery continues in May
Strong business demand helped the UK car market to continue its recovery, with fleet sales accounting for more than half of the 156,737 new cars registered in May – but demand for vehicles was still down compared with the same period in 2019. The 156,737 registrations last month marked a 674.1% rise from last May,… Continue reading UK new car registrations soar 674% as recovery continues in May
Bitcoin slides 8% after Elon Musk hints at a potential split with the popular cryptocurrency in a tweet with a broken-heart emoji
Getty Bitcoin slipped as much as 8% on Friday after Elon Musk signaled a potential breakup with the digital asset by posting a broken-heart emoji and a reference to a popular “Linkin Park” song. The token was just recovering from a broader cryptocurrency crash last month in the wake of increased regulatory scrutiny from China.… Continue reading Bitcoin slides 8% after Elon Musk hints at a potential split with the popular cryptocurrency in a tweet with a broken-heart emoji
Why Tesla has plummeted since the start of the year
Trees don’t rise to the sky, investors who bet on Tesla earlier this year have realized the hard way. The stock market price of the darling of Wall Street in 2020 , which had been multiplied by 8 between March and December, has continued to decline since early 2021. It fell from $ 880 in… Continue reading Why Tesla has plummeted since the start of the year
Tesla’s China orders fall by nearly half in May – report
By Reuters Staff 2 Min Read (Reuters) – Tesla Inc’s vehicle orders in China nearly halved in May from April, against the backdrop of increased government scrutiny on the U.S. electric carmaker, the Information reported on Thursday, citing internal data. FILE PHOTO: A Tesla car pictured at a charging point in Beijing, China, April 13,… Continue reading Tesla’s China orders fall by nearly half in May – report