Tesla, Inc. is a leading electric vehicle manufacturer that designs, produces, and sells a range of electric cars and energy products
The company is known for its innovative approach to sustainable transportation, producing models that are not only environmentally friendly but also equipped with cutting-edge technology and high-performance features. In addition to its automotive division, Tesla also focuses on renewable energy solutions, including solar energy products and energy storage systems, aimed at accelerating the world’s transition to sustainable energy. Through its global presence and dedicated infrastructure, such as an extensive network of charging stations, Tesla seeks to revolutionize the automotive industry and promote a greener future.
Stay updated with the movements of the S&P500 index one hour before the close of the markets on Wednesday. Discover which stocks are leading as top gainers and losers in today's session.
Curious about the most active S&P500 stocks in today's session? Get insights into the stocks that are leading the way in terms of trading volume and market attention.
Nvidia's Quantum Day will show off the mind-bending principles of quantum mechanics to process information in ways classical computers could never achieve. This isn’t just a faster chip or a new programming trick; it’s a whole new way of computing.
Let's have a look at what is happening on the US markets in the middle of the day on Wednesday. Below you can find the top S&P500 gainers and losers in today's session.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 4.2% in the pre-market session after Cantor Fitzgerald analysts upgraded the stock from Neutral to Buy. The analysts added, "With Tesla's shares now down ~45% YTD, we upgrade Tesla to Overweight (from Neutral) ahead of upcoming material catalysts; Our $425 12-month PT is unchanged."
GM partners with Nvidia for AI-driven self-driving tech, signaling a major bet on automation and competing against Tesla's FSD tech. Uber also stands to benefit.
Cantor Fitzgerald analyst Andres Sheppard upgraded Tesla from Neutral to Overweight and maintained a price target of $425 on Wednesday, a day after visiting Tesla's Austin Gigafactory and the company's AI data centers.
The market downturn has investors questioning if it's temporary or a prolonged bear market. An indicator suggests significant upside potential across the board, with stocks like Nvidia and Tesla ranking high. Analysts see potential gains for stocks like Caesars, Western Digital, United and Delta.
A CPUC spokesperson told Reuters that the permit does not authorize the company to provide rides in autonomous vehicles or allow Tesla to open a ride-hailing service to the public.
