Tesla settles class action Solar Roof lawsuit for $6 million
Tesla vehicles parked outside a home with a Tesla Solar Roof on Weems Street in Boca Chica Village, Texas, June 21, 2021. Veronica G. Cardenas | Bloomberg | Getty Images …
Autos
GM Chevy Trax, Buick Envista crossovers priced for affordability
DETROIT – General Motors is positioning two new crossovers from Chevrolet and Buick as its answer to affordability issues left by discontinued, cheaper sedans. Affordability has increasingly become a concern …
Prices to stabilize after big June drop
Pre-owned vehicles are seen at the Roger Beasley South dealership lot on June 07, 2023 in Austin, Texas. Brandon Bell | Getty Images DETROIT – Wholesale used vehicle prices posted …
Analyst says market rally ran too fast, buy these cheap stocks instead
U.S. stocks have been red-hot, with the S & P 500 hitting its highest level in over a year. But Steven Glass, managing director and analyst at Pella Funds Management, …
China’s new EV subsidies might not be enough to bolster slowing growth
Cadillac advertises for its electric car in Shanghai on May 23, 2023. A traffic police woman stands below. Hugo Hu | Getty Images News | Getty Images BEIJING — Subsidies …
Tesla bull downgrades EV maker, cites high valuation after rally
Morgan Stanley analyst Adam Jonas thinks Tesla’s recent rally disproportionately reflects artificial intelligence excitement around the stock. The longtime Tesla bull downgraded shares of the electric-vehicle maker to equal weight …
Ron Baron says Tesla shares will hit $500 in 2025
Tesla shares will hit $500 in 2025, longtime investor Ron Baron predicted Friday. He also reiterated his call that the electric vehicle maker will reach $1,500 in 2030 , a …
Ford’s electric future looks bright
Ford Motor (F) is reportedly gearing up for a new round of layoffs, just as the automaker secured a major loan from the U.S. government to produce batteries — two …
The Investing Club’s top 10 things to watch in the stock market Monday
The Club’s 10 things to watch Monday, June 26 1. Stock futures were muted heading into the final week of June and the second quarter. The market is coming off …
Goldman Sachs downgrades Tesla, citing pricing of electric vehicles
Tesla’s massive runup is likely over for now, according to Goldman Sachs. The bank downgraded the electric-car maker to neutral from buy on Sunday. Goldman did raise its price target …