The Nasdaq composite soared to a new high on the stock market today, helped by a strong showing for semiconductor stocks. Disney (DIS) made a nice move in the Dow Jones Industrial Average, while Alibaba (BABA) cleared a new buy point. XThe Nasdaq was up 1.2%…
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Month: November 2019
Tesla Cybertruck Hits 200,000 Orders Just Days After Botched Launch
Customers are interested, despite the trucks terrible debut. Ringo H.W. Chiu/ASSOCIATED PRESS Topline: Following a viral storm of jokes and memes over the Cybertrucks embarrassing debut, Tesla CEO Elon Musk boasted over the weekend that the company had alre…
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Are Electric Vehicles Really About To Plateau Oil Demand?
Market conjecture over the transition of human mobility to electric vehicles (EVs) resulting in a cooling of oil demand has been steadily gathering momentum in recent years. There are also those who are dismissive and plenty who are supportive of such an even…
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Tesla shares rise as Musk says Cybertruck orders hit 200,000
(Reuters) – Tesla Inc shares rose 4% on Monday after Chief Executive Officer Elon Musk tweeted over the weekend that the company had already received 200,000 orders for its futuristic Cybertruck pickup. The new truck, made of stainless steel used in rockets…
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Toyota’s Conservative Electrification Strategy Will Lead To Long-Term Profitability
Battery-powered vehicles, once a niche product for mainly affluent consumers, have taken a giant step toward mainstream adoption during the past year, a development that bodes well for Toyota Motor Corp.s leadership as the worlds most prosperous automaker. U…
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