Shares of Trump Media & Technology Group surged double digits on Monday after Elon Musk made a surprise appearance at Donald Trump's rally in Butler, Pa., over the weekend.
Tesla (TSLA) is preparing for its highly anticipated robotaxi event on October 10th next week. With Wall Street closely monitoring this development, Bernstein has issued a new note on the company, outlining 10 key questions ahead of the automaker's event. The analyst behind the note, Toni Sacconaghi, currently maintains a bearish outlook on Tesla — with an Underperform rating and a price target of $120 on the stock. Market Domination Hosts Julie Hyman and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Rivian Automotive shares have plummeted 55% in 2024 as the EV startup is looking to challenge Tesla, Ford, General Motors and other autos with its adventure-styled electric vehicles. The startup saw third-quarter vehicle deliveries come in below forecasts and Rivian lowered its full-year production guidance early Friday amid an ongoing "component shortage" in its vehicle production. Analyst consensus had Rivian third-quarter deliveries totaling around 12,670 units, according to FactSet.