Tesla stock slumps after initial jump on X posts teasing product launch, reported to be cheaper Model Y
Shares in Elon Musk’s Tesla (TSLA) slumped in Tuesday morning trading after the electric vehicle maker revealed that its new product, hinted at in a series of cryptic posts on X on Sunday, is a stripped-down and cheaper version of its Model Y SUV.
Tesla shares gained more than 5.4% by the closing bell on Monday after the EV maker posted gifs on Sunday of a spinning company logo with the date “10/7”
Read MoreSaatvik Green Energy bags ₹488 crore solar module orders
Renewable energy firm Saatvik Green Energy Ltd on Tuesday announced that it has received and accepted orders worth ₹488 crore from leading Independent Power Producers (IPPs) and EPC companies for the supply of solar PV modules, to be executed during FY26.
Its material subsidiary, Saatvik Solar Industries Pvt Ltd,
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Read MoreWhere Business Insider's 2025 Rising Stars of Wall Street went to college and other fun facts
Here are the holdings in the market-beating 'sleep at night' fund of a Wall Street permabear
David Rosenberg has a question for his critics: Does a so-called “perma-bear” make investors money? He also has an answer.
The top economist and Rosenberg Research founder — who’s known for making persistently bearish calls on the US economy and markets — said that he put his money where his mouth was by creating a fund based on his gloomy predictions.
Read MoreEvery Apple (AAPL) Investor Should Keep an Eye on This Number
Hardware gets all the attention, but Apple’s business depends on success in another area.
Apple (AAPL -3.40%) sells some of the most admired products on the face of the planet. Its iPhone, a device in the 18th year of its lifecycle,
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Read MoreThe Burst
Market Commentary: Top AI Stock To Hold Forever
Sometimes the oldest companies are the best when it comes to pioneering the future. Although history is littered with Blockbusters for each Netflix, a more common trajectory for a stodgy old company is the one IBM took, essentially coasting along but not creating disruptive innovation. Microsoft risked the same fate, until Satya Nadella took over.
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Read MoreThe Ivy
1 ETF That Will Pay You Monthly
If you want to get paid monthly, you’ll probably struggle to find ways in the stock market. While real estate offers a straightforward path to collecting rent checks monthly, dividend investing is generally limited to paying shareholders on a quarterly schedule.
Some rare exceptions do exist, such as Realty Income, which is known as The Monthly Dividend Company.
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