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Investors Flee Tumbling EV Upstarts Once Hailed as 'Next Tesla'

(Bloomberg) -- There was a time when the backing of some of the world’s deepest pockets and the mere ambition to sell electric cars was enough to inspire confidence in the stocks of upstarts Rivian Automotive Inc. and Lucid Group Inc. Now investors have all but thrown in the towel on the shares.Most Read from BloombergBuffett Says ‘Eye-Popping’ Results Unlikely With Record CashBezos, Nvidia Join OpenAI in Funding Humanoid Robot StartupUS Unveils Biggest Sanctions Package on ...
Saudi Arabia United States Adam Jonas David Mazza David Wagner Bloomberg Businessweek
Source: yahoo.com

Bezos Discloses Plan to Sell Up to 50 Million Amazon Shares as Stock Surges

(Bloomberg) -- Jeff Bezos plans to sell as many as 50 million shares of Amazon.com Inc. over the next 12 months, potentially cashing in on a stock surge that’s put him within reach of becoming the world’s richest person.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoThe Most Popular Man in Ukraine Has Become a Problem for ZelenskiyApple’s China Slump Deepens Even as Tota...
United States Bloomberg Jeff Bezos Jack Witzig Elon Musk Bloomberg Businessweek Exchange Commission
Source: yahoo.com

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Tesla Motors (TSLA) - Elon Musk Anointed 'Technoking of Tesla,' CFO Zach Kirkhorn Named 'Master Of Coin'

Tesla, Inc. (NASDAQ:TSLA) and its flamboyant CEO Elon Musk never cease to surprise. The company announced a new title for its CEO without going into details of the logic behind the move in a Monday SEC filing.  What Happened: Musk will be known as "Technoking of Tesla" and the companys CFO Zach Kirkhorn as "Master of Coin," effective Monday, the company said in the filing.  The bizarreness of the added titles does not end there: the company chose to remain obscure regarding the reason be...
Elon Musk Jerome Guillen Tesla Inc Tesla Gets Street High Fireworks Arent Over Yet

(NKLA), Tesla Motors, Inc. (NASDAQ:TSLA) - Nikola Gets Wedbush Upgrade As 'Negative Catalysts' Have Played Out

Share: Nikola Corp (NASDAQ: NKLA) has received an upgrade from Wedbush as most of the “negative catalysts” have played out.  The Nikola Analyst: Wedbush analyst Daniel Ives changed his rating to Neutral on Nikola from the previous Underperform and upped the price target to $25 from the earlier $15. The Nikola Thesis: Ives acknowledged that while some hurdles remain for the Phoenix, Arizona-based automaker, a scenario of a more “balanced risk/reward” on the name has emerged looking a...
United States Kim Brady Mark Russell Trevor Milton Joe Biden Nikola Corp

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