Tesla Inc. is one of the world's leading electric vehicle manufacturers, known for its line of popular electric vehicles, including the Model S, Model X, and Model 3. The company also produces solar panels and energy storage solutions such as the Powerwall and Powerpack. Investors closely watch Tesla's key decisions as they can impact the other US listed companies connected to Tesla. These companies are involved in the development, production and distribution of Tesla products and services. Investing in these companies offers exposure to the growth opportunities of Tesla's products and services. As the demand for electric vehicles and renewable energy continues to grow, investors see potential for more growth in revenue and earnings, and higher stock prices.
'Beaten-down' Technology Names That Could Be Winners Long-term - BofA
Citi: Don't panic about the sharp decline in chip stocks, now is a good time to buy.
Citibank pointed out that although there has been a sharp decline in US chip stocks, this is mainly due to macroeconomic factors and high expectations. Semiconductors markets are still bullish, mainly because the demand for AI and storage markets remains strong. It is expected that DRAM prices will increase by 62% YoY in 2024, and Micron's performance guidance may be revised upward.
The Robotaxi Fleet Race Heats up With Tesla, Waymo, Zoox, Uber, Lyft, and BYD in the Mix
Glencore Votes Against Spinning Off Coal, Remains Open To More Acquisitions
Glencore Drops Plan to Spin off Coal Business; Swings to Surprise H1 Loss
Glencore H1 Non-GAAP EPS of -$0.02