Tag: Tesla

2 Under The Radar Electric Vehicle Stocks That Could Soar In 2021

The green energy boom took the mainstage in 2020, and now many are predicting it could reach new heights in 2021. Some of the biggest gains in the market came from companies pushing electric vehicles forward last year. Tesla rose 740%, making Elon Musk the world’s richest man and putting Tesla near the top of… Continue reading 2 Under The Radar Electric Vehicle Stocks That Could Soar In 2021

Tesla competitor Rivian seeking an IPO as soon as September that would value it at $50 billion, report says

Rivian Rivian Automotive Inc, an electric vehicle startup considered one of the highest-profile potential competitors to Tesla, is seeking an IPO at a valuation of about $50 billion, according to Bloomberg.  Rivian is looking to go public as soon as September, but the listing could be pushed to later in 2021 or even into 2022,… Continue reading Tesla competitor Rivian seeking an IPO as soon as September that would value it at $50 billion, report says

5 threats that could kill the electric-vehicle stock boom that has sent Tesla and Nio soaring, experts say

EV stocks had a great year in 2020, but investor attitudes can change quickly. Insider asked two experts to name the biggest threats to EV stocks in 2021. Their answers included botched vehicle rollouts, a shift toward value stocks, and less day-trading. Visit the Business section of Insider for more stories. Though electric vehicles still… Continue reading 5 threats that could kill the electric-vehicle stock boom that has sent Tesla and Nio soaring, experts say

JPMorgan says other big companies are unlikely to copy Tesla’s big cryptocurrency bet because of Bitcoin’s volatility

Elon Musk. Win McNamee/Getty Images Tesla’s bold bitcoin bet is unlikely to be followed by other major corporates, according to JPMorgan. Bitcoin’s volatility is the main reason that will deter more mainstream companies, strategists said. Adding a 1% Bitcoin allocation “would cause a big increase in the volatility of the overall portfolio.” Sign up here for our… Continue reading JPMorgan says other big companies are unlikely to copy Tesla’s big cryptocurrency bet because of Bitcoin’s volatility

Tesla rival Rivian aims for IPO this year: Report

Rivian, which aims to put an electric pickup and SUV in production this year, announced last month a $2.65-billion investment round led by T. Rowe Price. Electric-vehicle startup Rivian, which is backed by Amazon.com Inc and Ford Motor Co, is looking to go public as soon as September at a valuation of about $50 billion… Continue reading Tesla rival Rivian aims for IPO this year: Report

Automotive: the crazy stock market surge of Blink, the outsider of electric charging

Posted on Feb 10, 2019 2021 at 10: 00Updated Feb 10. 2021 at 10:45 At first glance, there are few reasons for the vitality of Blink Charging’s title. Never profitable since its founding in 2009, not really among the leaders in its market, the Miami (Florida) firm would only total $ 5.5 million in revenue… Continue reading Automotive: the crazy stock market surge of Blink, the outsider of electric charging

Rivian and Lucid Motors both expand U.S. retail presence

American automakers Rivian and Lucid Motors have both recently revealed locations in expanding their retail presence in the United States. Both electric vehicle manufacturers have large aspirations to compete with Tesla, although either has yet to deliver a consumer EV so far. The announcements of retail and service spaces opening for for Rivian and Lucid,… Continue reading Rivian and Lucid Motors both expand U.S. retail presence

Tesla rival Rivian aims for IPO this year: Bloomberg News

By Reuters Staff 2 Min Read FILE PHOTO: The Rivian R1T all-electric truck is pictured at an event, held by the electric vehicle startup, for customers who preordered the truck, in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino (Reuters) – Electric-vehicle startup Rivian, which is backed by Amazon.com Inc and Ford Motor Co,… Continue reading Tesla rival Rivian aims for IPO this year: Bloomberg News

Reddit user claiming to be Tesla insider now says bitcoin posts were not true

By Bhargav Acharya 4 Min Read (Reuters) – A Reddit user who claimed in a post a month ago to be a Tesla Inc insider and knew about the electric car maker’s purchase of bitcoin said on Tuesday that his assertions were not true. FILE PHOTO: Representations of virtual currency Bitcoin are seen in front… Continue reading Reddit user claiming to be Tesla insider now says bitcoin posts were not true