Ford EV Sales Fall Apart
Ford's electric vehicle sales were a disaster in June due to recall and inventory issues. The company may have no luck gaining U.S. EV market share.
Ford's electric vehicle sales were a disaster in June due to recall and inventory issues. The company may have no luck gaining U.S. EV market share.
Jeff Bezos just sold more than 3 million Amazon shares. It is the second-largest U.S. company, and Bezos is the world's third richest person.
Watch the Video Transcript: Doug McIntyre: The Walt Disney Company, after a couple years of taking a real beating after. Once in future King Iger came back, he just Yes. Couldn’t get anything right…
Watch the Video Transcript: Doug McIntyre: Lee, Nvidia is back as the most valuable company in the world. Again, it’s I think they’re up to 3.27 trillion. They passed Microsoft. Interesting. Does that count…
Luckin Coffee, a rival of Starbucks in China, has just opened its first U.S. store. Starbucks stock has lagged, and investors are nervous about its prospects.
Tesla sales have been dropping in Europe this year. The worst falloff may have happened in Denmark and Sweden in June.
Watch the Video Transcript: Doug McIntyre: Lee, we’ve got the market. If it’s not an all time high right now, it’s within a billionth of a percentage of it. It’s interesting because you really…
Watch the Video Transcript: Doug McIntyre: Jeff Bezos, I think the third rich, third richest man in the world get married this week. I know you’re getting married this weekend. the people in Venice…
Watch the Video Transcript: Doug McIntyre: ARKK is back at a 52 week high. Doug McIntyre: Let me, disclose the fact that I’ve known Catherine Wood, the founder, therefore. At least 40 years. I…
Ford CEO Jim Farley recently tested some of China’s EV products and called them “far superior” to U.S. ones. He knows Chinese EVs threaten Ford’s future.
Tesla shares have rallied recently despite slumping sales. The stock’s rally is based in part on the launch of Tesla’s fully autonomous robotaxi.
Tesla’s (NASDAQ: TSLA | TSLA Price Prediction) IPO was on June 29, 2010. An $10,000 investment that day would be worth $3 million today. Given Tesla’s current problems, it is hard to remember if…
There was a great deal of comment when Nvidia (NASDAQ: NVDA | NVDA Price Prediction) CEO Jensen Huang filed to sell as many as $900 million in shares in a preapproved plan in an…
It says a great deal about the EV industry that China’s BYD shares are up 40% this year, while America’s Tesla (NASDAQ: TSLA | TSLA Price Prediction) is off 20%. BYD has taken over…
Warren Buffett gave $6 billion in Berkshire Hathaway (NYSE: BRK-B) stock to various charities According to several media reports this brings his lifetime charitable gifts to $60 billion. The Bloomberg Billionaire, Buffett is the…
Wedbush's Dan Ives predicts that Microsoft will be worth $5 trillion in 18 months, as it leads the industry in integrating artificial intelligence into cloud computing.
Tesla was once a market share leader in China. But Chinese car companies are introducing new EVs at a feverish pace.
Nvidia stock is at an all-time high and its CEO's net worth has risen to $135 billion. The AI revolution has not slowed, and Jensen Huang has gone along for the ride.
Nvidia's market cap has rallied to an all-time high of $3.76 trillion. This is a sign that the AI revolution has not slowed.
Unsold Tesla vehicles are reportedly accumulating in parking lots. A district court in Michigan has “evicted” the EVs from one such lot.