Fifty years ago, an 11-person team got together at Volkswagen’s (VWAGY) – Get Volkswagen AG ADR Report Centre for Future Research in Wolfsburg, Germany. The team had been assembled in response to soaring oil prices and fuel shortages–sound familiar?–and the automaker wanted to explore alternative powertrains that would power Volkswagen’s first all-electric concept vehicle. The group’s…
Is Elon Musk a victim of himself? The CEO of Tesla (TSLA) – Get Tesla Inc. Report, who has become the most influential boss in the world, wants to show his atypical, iconoclastic, and unconventional side almost every day. Musk also plays on his singularity to prove that he does not play in the same…
Ford (F) – Get Ford Motor Company Report and its CEO Jim Farley have one obsession: to beat Tesla (TSLA) – Get Tesla Inc. Report. In launching the start of the F-150 Lightning electric pickup, the clean version of the best-selling F-150, Farley had been clear. “We plan to challenge Tesla and all comers to become…
With the economic sanctions by the U.S. and its allies crimping the Russian economy, you may want to avoid stocks with an exposure to Russia. Or you may want to do it simply for moral reasons, given the country’s war on Ukraine. But you may not have to do anything: U.S. companies don’t do a…
In many ways, the cruise industry has returned to normal, but it has not been a straight line recovery. When Royal Caribbean International (RCL) – Get Royal Caribbean Group Report, Carnival Cruise Lines (CCL) – Get Carnival Corporation Report, and Norwegian Cruise Line (NCLH) – Get Norwegian Cruise Line Holdings Ltd. Report began sailing again…
The results are in and Walmart’s (WMT) – Get Walmart Inc. Report first annual Walmart+ Weekend was a mixed bag. Walmart is the only company with the size and resources to compete with Amazon’s (AMZN) – Get Amazon.com Inc. Report warehouse-to-door e-commerce pipeline. But Walmart is playing catchup to Amazon, which has dominated the space for two…
Amazon’s 20-for-1 stock split was executed June 6, and the stock is trading higher as a result. But why? Aren’t stock splits meaningless? The answer is more complicated than you may think — especially if you’re an options trader. Let’s look at the different ways Amazon’s split will affect the options market. Cheaper to Hedge…
Navigating the Las Vegas Strip is a challenge for people trying to get from place to place. At times, traffic on The Strip and adjacent roads is gridlocked with vehicles trying to go in all directions. When not trying to travel in a vehicle, crowds of people are walking on Las Vegas Boulevard between casinos…
Elon Musk is almost everywhere. Not a day goes by that he doesn’t tweet. When it’s not news about one of his multiple companies — Tesla (TSLA) – Get Tesla Inc Report, SpaceX, The Boring Company, Neuralink — he posts about politics, geopolitical affairs, or engages with his millions of followers on a variety of topics,…
Elon Musk took out his firefighter costume. Tesla (TSLA) – Get Tesla Inc Report CEO tries to put out the fire he himself started about the manufacturer of high-end electric vehicles. The billionaire entrepreneur sent an email on June 3 to Tesla employees in which he told them about cost-cutting measures in the face of the…
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