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Pact was revealed Oct. 25, stock has slumped since Nov. 4 peak. Shares have fallen as Elon Musk reduced his stake in carmaker. Tesla Inc.’s stock went on a tear after an October deal with Hertz Global Holdings Inc. signaled broader mainstream adoption of its electric cars.Tesla slid 3.5% on Monday, closing at $899.94. That put the shares below where they’d closed right before the $4.2 billion Hertz deal was revealed on Oct. 25.A broad market decline weighed on Tesla Monday, with renewable-energy

NVDA stock is down on valuation concerns but it won't stay that way indefinitely

* Fed policy decision awaited on Wednesday * November PPI logs highest rise since 2010 * Tech leads

* Pfizer to buy Arena Pharma, shares of both companies rise * Meme stocks GameStop, AMC slump to mul

A new price prediction is in for Tesla stock today and it has one analyst expecting major gains in not much time.New Street analyst Pierre Ferragu is the analyst behind the new price prediction for TSLA stock today. He increased the firm’s price target for the shares from $1,298 to $1,580. Ferragu’s price target is incredibly bullish compared to his peers. The consensus price target for TLSA is sitting at$798.24.Of course, today’s news isn’t just that the New Street analyst is expecting major ga

Dec 3 - Ford Motor Co expects to be the world's second largest electric vehicle manufacturer within two years, with annual production capacity of nearly 600,000, a top company executive said Friday.Driving the automaker's optimism is increasing demand for its next new EV, the Ford F-150 Lightning pickup, with retail reservations now approaching 200,000, according to Lisa Drake, chief operating officer of Ford North America.Speaking at an investor conference, Drake said Ford is working with five

Tesla slid over 2% in premarket trading as Musk sold $6.9 billion in stocks.According to the SEC doc