During the latter half of 2020, the electric vehicle market has experienced unprecedented growth, both domestically and internationally. Tesla’s ever-increasing dominance has owned both markets since the first quarter. But recently, the American titan is facing reputable competition in companies from the world’s largest electric vehicle market: China. Wedford describes this international stock rally best […]
A recap of the past week in 3 short headlines. 1. A Slow Week for Stocks With the end of the highly-contested election cycle, the market has remained relatively stable as we head into the winter holidays. The Dow Jones dropped 0.74%, the S&P 500 fell -0.77%, while the NASDAQ gained 0.22% on the quiet […]
A recap of the past week in 3 short headlines. 1. Fading Excitement With amazing news announced Monday in the form of Pfizer’s reportedly 90% effective vaccine, markets started off the week very strong. The news from the American biotech company helped sustain the broad rally of the past two weeks, leaving non-tech industries that […]
A recap of the past week in 3 short headlines 1. Investors Are Spooked Stocks had their worst week and month since March after indices closed down on Friday. A record spike in COVID cases along with election jitters are leading to volatility last seen when COVID hit the markets earlier this year. With much […]
1. Another Wild Week This past week was a major “L” for many investors. Continuing their trend from the previous week of 9/1/2020, the S&P 500 and NASDAQ continued their decline as many investors began to feel uneasy with the current valuations of stocks. The S&P 500 and the NASDAQ fell up 2.51% and 4.06%, […]
In recent years, the automotive industry has begun the gradual change from combustion-engine vehicles to electric vehicles (EV). For the most part, one company has been spearheading this change: Tesla. Why has Tesla succeeded when so many other startups have failed? What impacts has EV technology had on the market? And how are other companies […]
Earnings: the thing all investors obsess about. Every company reports earnings and investors pay close attention to them. Investors look at metrics like EPS, EBITDA, P/E, and many more to judge the company and its stock. The company’s earnings are a very important factor, but understanding it can seem extremely overwhelming. In reality, earnings and […]
Tesla is one of the most recognizable names in the electric vehicle market. Under the leadership of company CEO Elon Musk, Tesla has changed the perception and status of EVs in society. The company’s flagship car, the Model S, spurred Tesla’s growth upon its inception. The lineup then expanded with the Model X SUV and […]
Self-driving cars have always been part of the utopian future depicted in various sci-fi films. Now, companies such as Uber are attempting to create their own autonomous cars. However, Uber stands out from competitors like Tesla, Waymo, and Apple (with the exception of Lyft) because it has already established the ride-sharing aspect of the perfect […]
Nowadays, most people in the U.S are familiar with Tesla. However, the Palo Alto, California-based company has been struggling as of late. In 2012, Tesla introduced the Model S. This was the company’s second production car after the Tesla Roadster in 2008. The Model S was built to compete with the industry’s best luxury offerings […]