Most recent coverage of Tesla (NASDAQ:TSLA) CEO Elon Musk has centered around his Twitter polls on whether or not he should sell portions of his Tesla stock holdings. Source: Pe3k / Shutterstock.com Almost removing time for speculation, Musk did exactly that, selling off 10% of his shares. This chunk of equity amounted to roughly 930,000…

No one is buying Virgin Galactic (NYSE:SPCE) stock for the underlying financials. Source: Christopher Penler / Shutterstock.com The group is nowhere near turning a profit and only started posting revenue figures in the second quarter. It’s an unproven play on commercial space flight that requires investors to blindly trust eccentric billionaire Richard Branson. It’s one…

Lucid Group (NASDAQ:LCID) announced on Oct. 27 that deliveries of its Lucid Air electric vehicle for U.S. customers would begin on Oct. 30. Since that announcement, LCID stock is up 67%, heading into its third quarter 2021 earnings report due after the markets close on Nov. 15. Source: Around the World Photos / Shutterstock.com While…

The electric vehicle boom is only accelerating. Unfortunately, a shortage of battery metal lithium could put the brakes on it all. And that has big implications for battery metal stocks. In the U.S. for example, a recently passed $1 trillion infrastructure package includes billions for electric vehicles. President Joe Biden even wants 50% of all…

Lucid Motors (NASDAQ:LCID) stock has some very impressive strengths, including the resume of its CEO and the positive reviews and  unmatched range of its Lucid Air electric vehicle. Source: Around the World Photos / Shutterstock.com These advantages, along with a large amount of press coverage, explain the current, gigantic valuation of LCID stock. That huge…

Home / Today’s Market / XPEV Stock: 7 Things We Know About the Upcoming Launch of the New Xpeng SUV The Chinese EV innovator is about to roll out its latest SUV. Here’s what investors should know. By Samuel O’Brient, InvestorPlace Financial News Writer Nov 12, 2021, 12:06 pm EST November 12, 2021 The electric…

Dogecoin (CCC:DOGE-USD), the ninth-largest crypto token with a $35.5 billion market value as of Nov. 10, has kept its value at this level for quite some time. In the past six-plus months, DOGE has maintained an average price of around 26 cents per token. Source: Shutterstock For example, on April 22, Dogecoin was at 26.1 cents…

If we broadly classify stocks, we end up with two major categories. The first is growth stocks. Typically, these are stocks to buy from companies with robust revenue and earnings growth. Most of these companies have high capital expenditures. As a result, growth stocks are generally not known for robust free cash flows (FCF). On…

Nearly doubling over the past month, and up more than 25% in the past five days alone, why is Lucid Motors (NASDAQ:LCID) stock accelerating in price? Source: Lucid Group Chalk it up to not just one, but several positive factors. All of which have happened back-to-back-to-back. First, the across-the-board move back into EV (electric vehicle) plays.…

A leader in manufacturing smart electric vehicles, NIO (NYSE:NIO) is one of the top EV makers catering to the thriving Chinese market. With the support of the Beijing government and a strong move toward EVs, Nio is enjoying the attention and growing demand. NIO stock is up 24% in the past six months and is…

Ford’s (NYSE:F) business is starting to boom now, and the automaker looks poised to perform even better in the future. Meanwhile, Ford stock is well-positioned to benefit from a hot initial public offering (IPO). Source: Vitaliy Karimov / Shutterstock.com In a column published in July 2020, I predicted that U.S. automobile sales would jump as many…

Electric vehicle (EV) stocks have gained popularity in recent years as the adoption of EVs is rapidly increasing worldwide. Broadly defined, EVs are vehicles that are, as their name suggests, “all electric” and don’t use gasoline. The majority of EVs are battery-powered; however, there are a few alternatives. Alternatives include plug-in hybrid electric vehicles, which…

Gores Guggenheim (NASDAQ:GGPI) is the latest SPAC (Special Purpose Acquisition Company) stock to start revving its carbon-free engine. The blank check company completed its initial public offering (IPO) in March and announced its reverse merger with Electric Vehicle (EV) maker Polestar in September. GGPI shares are now trading at a roughly 7% premium to trust…

Valuations in the auto sector are in focus right now. Indeed, the initial public offering today of Rivian (NASDAQ:RIVN) has shone a spotlight on these companies. This comes as RIVN stock has shot more than 25% higher in its first day of trading. Not only is this performance impressive, it follows the electric vehicle startup…

The world of meme stocks isn’t as bad as some have been led to believe. Yes, a portion of the stock-related memes and conversations on social media sites like Reddit will always contain suspect advice. But investors who dismiss these picks at large are at risk of throwing out the baby with the bath water. I’m…

The thought of commercial space travel is becoming more of a realistic dream. Currently Virgin Galactic (NYSE:SPCE) is the only publicly traded company that is likely to take humans into space for as a business. Of course, this exciting concept has inspired investors to chase SPCE stock like a rocket quite a few times already.…

I’ll admit that I’m biased when it comes to electric vehicles and Lucid (NASDAQ:LCID) stock. I’m generally a fan of the technology and despite mounting concerns over EV environmental impacts, I’ll stick to the facts on this one.  Source: Around the World Photos / Shutterstock.com The U.S. Environmental Protection Agency (EPA), research indicates that EV…