Robinhood (HOOD) Confirms 24 Hour Market Debut

Tesla (TSLA) gains valuable endorsement for FSD in China

Electric vehicle giant, Tesla (NASDAQ: TSLA) has gained an important partner in their mission to promote their vehicles, as well as the companys full self-driving program in China.

The Shanghai Municipal Commission of Economy and Informatization (SMCEI) has effectively endorsed the company through a public commitment released by the SMCEI, which was subsequently reported initially... More

Tesla (TSLA) revamps referral program with a chance to win a free Cybertruck

It appears that Tesla (NASDAQ: TSLA) has overhauled its Referral Program, and the changes are quite intriguing. According to observations from the Tesla community, the updated program offers credits towards vehicle purchases, along with an enticing lottery for a pre-release version of the Cybertruck.

According to the electric automakers support page, both existing and new owners are eligible to receive credits. Existing Tesla owners can obtain Referral Credits,... More

Tesla (TSLA) raises prices on Model S, X, and Y vehicles in the U.S.

Shares of Tesla (NASDAQ: TSLA) are up more than 2% in pre-market trading Friday after the electric vehicle giant increased the U.S. prices of its Model S, X, and Y electric vehicles by low single-digit percentages on Thursday, though prices are still considerably lower than at the beginning of the year.

The companys website showed raised prices... More

Tesla (TSLA) to recall 1.1M imported and China-made vehicles

Chinese regulators announced Friday they received a notification from Tesla (NASDAQ: TSLA) that the electric automaker will deploy software updates to more than 1 million vehicles to allow changes to braking methods and more warnings about the use of accelerator pedals.

According to... More

CPCA releases April NEV sales data, BYD leads holding 34.5% of the market

Sales of electric cars and plug-in hybrids in China fell slightly in April. According to data from the China Passenger Car Association (CPCA), 606.8k new energy vehicles (NEVs) were sold in April, a 2% drop from March. However, compared year-on-year, this marks an increase of 116%. Aprils NEV penetration rate reached 33.9%, a 2.9ppt jump over March and a 5.9ppt jump over last year.

A look at the manufacturers shows that BYD heads the list with 209.5k NEVs, a 99% increase over last years numbers, bringing... More

Musk teases 'Major update coming' for Tesla (TSLA) smart summon feature

Elon Musk, the CEO of Tesla (NASDAQ: TSLA), known for his direct engagement on Twitter, responded to a post by @TeslaownerSV on Thursday, hinting at a significant update on the company's smart summon feature saying, that there is a Major update... More

Apple (AAPL) has 'material opportunity' in the advertising space - Evercore ISI

Evercore ISI analyst Amit Daryanani said the firm continues to see a material opportunity for Apple (NASDAQ: AAPL) in the advertising space and believes they can grow to $30 billion in revenue.

The firm hosted an expert call on AAPL's ability to scale... More

Polestar (PSNY) slashes production guidance and announces job cuts

Swedish electric automaker, Polestar Automotive (NASDAQ: PSNY) on Thursday lowered its 2023 production guidance and announced that the company would cut headcount by 10%, citing a delayed production start for its Polestar 3 and a challenging environment for the industry.

The electric vehicle company now expects to produce between 60,000 and 70,000 cars this year, versus... More

Citi on Robinhood Markets (HOOD): 'continues to see growth in its Gold sweep balances and stock lending activity has remained healthy'

Citi analyst Christopher Allen reiterated a Neutral rating and $10.00 price target on Robinhood Markets (NASDAQ: HOOD).

The analyst comments "HOOD reported 1Q23 EPS of ($0.57), vs our estimate of ($0.65) and consensus of ($0.62). Relative to our estimates, net revenues came in at... More