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Stories about: stock market

Porsche IPO Is Moving Full-Speed Ahead, Will Bring Increased Independence
Porsche IPO Is Moving Full-Speed Ahead, Will Bring Increased Independence

6 Sep 2022, 14:45 UTC / Porsche is set to become a bit more independent from several points of view once its IPO is listed on the market. Here is what you need to know about it

 
Polestar Merges With SPAC – Now You Can Buy Its Shares on Nasdaq Under the PSNY Ticker
Polestar Merges With SPAC – Now You Can Buy Its Shares on Nasdaq Under the PSNY Ticker

24 Jun 2022, 14:25 UTC / The company is the largest EV maker to ever go public through a SPAC merger – and it will probably be among the last ones

 
Tesla Proposes to Split Current Stocks in Three With the Excuse of Making Them Cheaper
Tesla Proposes to Split Current Stocks in Three With the Excuse of Making Them Cheaper

14 Jun 2022, 09:17 UTC / Critics believe it is an attempt to increase the company’s market cap, just like the company’s first one did after August 2020.

 
General Motors Sells Its Stake in EV Startup Lordstown Motors, Perspectives Are Bleak
General Motors Sells Its Stake in EV Startup Lordstown Motors, Perspectives Are Bleak

2 Mar 2022, 10:58 UTC / General Motors has confirmed that it sold the stake in Lordstown Motors it had acquired as part of the sale of an Ohio plant to the electric vehicle startup

 
Lucid Significantly Slashes 2022 Production Forecast
Lucid Significantly Slashes 2022 Production Forecast

1 Mar 2022, 14:51 UTC / Lucid shares plummeted after the EV startup announced that the projected vehicle production figures for 2022 will be lower than expected

 
Tesla Shares Have Depreciated Because the Stock Market Is Tired of Promises
Tesla Shares Have Depreciated Because the Stock Market Is Tired of Promises

29 Jan 2022, 10:32 UTC / That is especially true when promises are about person dressed as a robot dancing on a stage or software that has proven it does not work as promised.

 
Rivian Was Ford's Best Investment Despite Stock Falling, Expect $8 Billion Gain in Q4
Rivian Was Ford's Best Investment Despite Stock Falling, Expect $8 Billion Gain in Q4

20 Jan 2022, 11:36 UTC / Rivian had a successful IPO last November, but later the stock fell on missed production targets. Despite that, Ford cashed in more than $8 billion

 
Rivian Stock in Free-Fall After Amazon Signs Deal With Stellantis
Rivian Stock in Free-Fall After Amazon Signs Deal With Stellantis

6 Jan 2022, 16:18 UTC / Rivian shares marked a 21% drop since Wednesday, after its main investor and client Amazon announced signing a deal with Stellantis

 
Elon Musk Will Sell Tesla Shares to Pay Taxes: The People Have Spoken
Elon Musk Will Sell Tesla Shares to Pay Taxes: The People Have Spoken

8 Nov 2021, 05:08 UTC / In a strange but typical for him approach, the Tesla CEO asked Twitter whether he should sell some shares, promising he would abide by whatever he was told

 
Elon Musk Will Sell 10% of Tesla Stock to End Rumors He’s Not Paying Taxes
Elon Musk Will Sell 10% of Tesla Stock to End Rumors He’s Not Paying Taxes

7 Nov 2021, 04:16 UTC / Tesla CEO is polling on Twitter to decide whether he should or not realize the gains from stock, put an end to the chatter that he’s been avoiding to pay taxes

 
Tesla Smashes $1 Trillion in Market Cap, Says EV Revolution is Underway
Tesla Smashes $1 Trillion in Market Cap, Says EV Revolution is Underway

25 Oct 2021, 19:35 UTC / This latest acquisition pushed Tesla stock to the knife-edge of $1000 per share and officially placed them in the exclusive $1 Trillion market cap club.

 
Tesla Chairman Sold 31,250 Shares Worth More Than $22 Million
Tesla Chairman Sold 31,250 Shares Worth More Than $22 Million

6 Aug 2021, 12:56 UTC / When ordinary people do that, it does not call anyone’s attention, but what message did Robyn Denholm send with this sale?

 
Tesla's Stock Tumbles after CNBC Report Claims Model 3 Has 40% Faulty Parts
Tesla's Stock Tumbles after CNBC Report Claims Model 3 Has 40% Faulty Parts

15 Mar 2018, 12:09 UTC / A report in the media on the company's Model 3 electric sedan was all it took to cause a drop of $15 to Tesla Inc. stock in just a few hours

 
Tesla Leapfrogs BMW to Become the 4th Most Valuable Car Brand in the World
Tesla Leapfrogs BMW to Become the 4th Most Valuable Car Brand in the World

9 Jun 2017, 18:03 UTC / Confirming once again that the stock market is a truly crazy place, the market capitalization of Tesla Inc. has just become greater than BMW AG's

 
Famous German Shareholder Thanked For Not Getting Naked At Daimler Meeting
Famous German Shareholder Thanked For Not Getting Naked At Daimler Meeting

30 Mar 2017, 08:36 UTC / Daimler's chairman had to thank one of the company's small shareholders for not wearing his "birthday suit" at their annual conference held in Germany

 
Chinese Tech Giant Invests In Tesla, Pays $1.78 Billion For 5% Stake
Chinese Tech Giant Invests In Tesla, Pays $1.78 Billion For 5% Stake

28 Mar 2017, 15:39 UTC / Tesla has a new investor, and this has brought it a serious investment when finances are concerned. In exchange for a five-percent stake, Tesla got $1.78 B

 
Formula 1 Might Be Purchased By Liberty Media, Reports Claim
Formula 1 Might Be Purchased By Liberty Media, Reports Claim

26 Aug 2016, 16:02 UTC / According to a report, Formula 1 might get a new majority stakeholder and the company could get listed on the New York Stock Exchange. The deal is unconfirmed

 
Ducati Might Be Considered For Sale By The Volkswagen Group
Ducati Might Be Considered For Sale By The Volkswagen Group

15 Jun 2016, 15:47 UTC / Volkswagen Group reportedly considering selling some of its recently acquired brands. Ducati is one of the brands that might be sold to other companies

 
Takata Has Begun Selling Shares It Owns In Automakers To Raise Money
Takata Has Begun Selling Shares It Owns In Automakers To Raise Money

15 Jun 2016, 08:19 UTC / The Japanese automotive supplier Takata begun a cash raising campaign, and one of the steps involves selling stocks it owns in several automakers.

 
Mitsubishi's Second-Largest Shareholder Risks Losing $3 Billion
Mitsubishi's Second-Largest Shareholder Risks Losing $3 Billion

10 May 2016, 17:39 UTC / Mitsubishi's fuel economy cheating scheme might cost its shareholders a lot of money. The second-largest owner of Mitsubishi stocks estimates a $3 billion risk