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Global X Lithium & Battery Tech ETF Newsroom
Tesla Gets Green Light From Canadian Government To Deploy Steer-By-Wire System, Clearing Path For Cybertruck Sales
EV giant Tesla Inc (NASDAQ:TSLA) has crossed an important milestone on the way to rolling out its stainless steel Cybertruck in the neighboring country of Canada. What Happened: Canada granted the
Bill Gates Wants Elon Musk To Talk About Climate But Tesla CEO Thinks Climate Change Alarm Is Exaggerated: 'He'll Talk About Whatever He Feels Like'
Microsoft Corp. co-founder and billionaire Bill Gates wishes that Tesla Inc. CEO Elon Musk would talk more about climate change but the latter might not.What Happened: "He talks a lot. I hope he
Elon Musk Says Tesla Deleted CrowdStrike From Its Systems But Was Not Untouched By Global IT Outage: 'Unfortunately, Many Of Our Suppliers...Use It'
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Friday said that the EV company was affected by the recent global IT outage which gave a 'seizure' to the automotive supply chain. What Happened: A software
Tesla Earnings Preview: Will Robotaxi and Energy Storage Drive Stock Performance?
Tesla is set to release its second-quarter earnings report for the period ending June 30 after the market closes on July 23.
Elon Musk Reacts As Rapper Meek Mill Flexes His All-Black Cybertruck Ahead Of His New Song Named After Tesla's EV Truck
American rapper Meek Mill has seemingly joined the long list of celebrities to own a Cybertruck. But unlike the others on the list, the rapper also teased a song named after Tesla Inc's stainless
Options Market Statistics: CrowdStrike Shares Dive 11% Following Global Tech Outage, Options Pop
News Highlights
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Catalyst Watch: Earnings Deluge, Farnborough Airshow, Paris Olympics, and Trump Talks Crypto
Trump Pledges End to EV 'Mandate' on Day One Driving EV Shares Lower
What's Going On With Rivian Stock?
Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading slightly lower with the broader market Friday. The stock remains up by nearly 50% over the past month. The Details:A recent report from
Elon Musk Says CrowdStrike 'Deleted From All Our Systems'
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Tesla Rival BYD's Thai Distributor Faces Ongoing Investigation Over EV Discounts
Thailand's investigation into discounts from Chinese EV maker BYD Company (OTC:BYDYY) will continue despite a cash-back program initiated by its distributor, Rever Automotive, after backlash from
Next week, Google and Tesla will dominate the fate of technology stocks in the USA.
With the help of generative AI, Google is expected to continue its strong growth from Q1 and cloud revenue in Q2 is expected to increase significantly by 25% year-on-year. Tesla's gross margin in Q2 may be lower than expected, and investors will focus on the latest news on FSD, Robotaxi, and energy storage.
Tesla Sees 24% Drop In California Registrations As EV Competition Heats Up
Tesla Inc. (NASDAQ:TSLA) experienced a 24% drop in car registrations in California during the second quarter, according to data from the California New Car Dealers Association. This marked the third consecutive quarter of declining sales in this critical market.
Dividend Roundup: Goldman Sachs, Johnson & Johnson, Qualcomm, Caterpillar, and More
Tesla Cybertruck Faces An Unexpected Challenge As Raccoons Attempt To Break Into The Car
Tesla Inc.'s (NASDAQ:TSLA) Cybertruck, marketed as a vehicle built for any planet, has faced another unexpected challenge.What Happened: A Tesla Cybertruck owner in Minnesota found their vehicle's
Elon Musk Says Tesla Will Deploy FSD In Cybertrucks With Version 12.5: Stays Mum On Fresh Timeline After Delay
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Thursday that the company will start deploying its full self-driving (FSD) driver assistance technology on its Cybertruck vehicles with version 12.5 of
Tesla Hikes Prices By $2,000 On Model S, X Variants In The US: Here Are The New Prices
EV giant Tesla Inc (NASDAQ:TSLA) on Thursday hiked prices of all variants of its more premium offerings Model S and Model X in the U.S.What Happened: While the Model X SUV now starts at $79,990 on
Trump Says He Will 'End The Electric Vehicle Mandate On Day One' Days After Tesla CEO Elon Musk's Endorsement, Says UAW Chief Should Be 'Fired Immediately'
Former President Donald Trump slammed Joe Biden's push for electrifying road transport on Thursday, the fourth and final night of the Republic National Convention in Milwaukee.What Happened: "I will