Automotive

As of April 5, Tesla stock had ~23% positive returns in the past year. According to analysts’ consensus, Tesla’s target price for the next year was $254.76.

Ford (F) is set to release its 4Q16 earnings report on January 26, 2017. It’s the second-largest US automaker by volume after General Motors (GM).

NIO (NYSE:NIO) stock’s recent performance has been very impressive. The stock has gained close to 74% in the last eight trading days.

For the last three years, Ferrari (RACE) has been reporting gradual progress in EBITDA (earnings before interest, tax, depreciation, and amortization).

Greenlight disclosed a new position in Lam Research Corporation, which accounts for 1.01% of the fund’s 1Q 2014 portfolio.

Since its first day of trading on October 21 on the NYSE (New York Stock Exchange), Ferrari (RACE) has fallen by ~10% to $46.62.

NIO (NYSE:NIO) stock has risen for four consecutive weeks. The stock has netted a return of 94% to its investors in less than a month.

Stable demand and strong brand image have kept Ferrari (RACE) moving forward, regardless of adverse global economic conditions.

NIO (NYSE:NIO) stock has gained 83% year-to-date. Notably, 92% of the gains have come in since May 28—the day it announced its first-quarter results.

By focusing on extraordinary vehicle design and exclusivity, Ferrari is able to sell luxury cars with high-profit margins to end consumers.

NIO (NYSE:NIO) stock, often referred to as “China’s Tesla” and a “Tesla killer,” is trading sharply higher in pre-market trading today.

NIO (NIO) stock has been highly volatile since its listing on the New York Stock Exchange in September.

NIO’s stock price has run up substantially in about a month. As a result, Wall Street analysts’ target prices have a lot of catching up to do.

A whopping 86% of NIO’s YTD gains have come since May 22. Record deliveries, strong guidance, and analysts’ positive sentiment helped the rally.

Bloomberg reported on October 8 that Renault (RNLSY) was mulling a new all-electric car. It’s expected to be bigger than its best-selling Zoe.

Ferrari spends extravagantly on research and development to stay ahead of its peers and to keep its products unique.

Goldman Sachs upgraded NIO (NYSE:NIO) stock on Tuesday. Notably, NIO received its third upgrade in less than a month. Will more analysts turn around?

In Q3 2019, Citadel Advisors’ portfolio of publicly traded securities was worth $212.04 billion. In Q2 2019, its portfolio was worth $155.1 billion.

As percentages of the worlds’ total reserves, Russia holds 45% of the gas, 23% of the coal, 14% of the uranium, and 13% of the oil. Currently, Russia is the world’s largest energy supplier.

Colombia (GXG) signed a deal with the Mercosur trade bloc on July 21, 2017, to allow the import of limited quantities of certain products without a tariff in the Colombian market.

A few years ago, Tesla Motors showcased the true potential of EVs with its Roadster, Model S, and Model X.

NIO (NIO) has been rising for the last five sessions in a row.

On March 8, 2018, GM’s EV-to-EBITDA was 7.2x, much lower than its direct competitor Ford’s multiple of 12.8x.

Tesla achieved a surprise profit in Q3. During its Q3 earnings call, CEO Elon Musk noted that its Model Y could outsell its Models S, X, and 3 combined.

Except for one fund (MIGFX), no other actively managed fund that we have reviewed in this series has been able to outperform the passively managed SPY.

According to data compiled by Edmunds.com, the lease penetration rate in the US auto market in August 2016 was 29.7% compared to 28.2% in August 2015.

Previously in this series, we looked at China’s declining overall vehicle sales for the last eight months.

On a YTD (year-to-date) basis, Amazon has returned nearly 40% as of November 3, 2017.

In 2019, Tesla (TSLA) rose 29.3%. The S&P 500 Index gained 29.2%. The top institutional investors were bullish on the electric car manufacturer in Q3 2019.

Investors use a bunch of metrics to determine if a stock is attractive. One such metric is the PEG or the price-to-earnings-to-growth ratio.

On January 30, Tesla stock was trading on a slightly positive note at $345.82. In September 2017, the stock posted an all-time high of near $389.61.

Fiat Chrysler Automobiles (FCAU) is set to release its 1Q17 earnings report on April 26, 2017. By 2016 vehicle sales volume, FCAU was the fourth-largest automaker in the US.

On March 17, Ford stock tested the upper range of the descending channel near $12.75. It couldn’t close above the level and turned negative.

Jim Chanos, the billionaire investor and a well-known short seller in the hedge fund industry, said at the Delivering Alpha Conference on Tuesday, September 12, 2017, that he is continuing his short position in Tesla (TSLA).

Amid the global pandemic and somber mood elsewhere, 2020 has been incredible for EV stocks. Their gains have beat the benchmark indices.

In this series, we’ll take a look at the key highlights of NIO’s fourth-quarter earnings release.

Tesla (TSLA) has been on a rising spree since its earnings. In October, Tesla stock surged by 31%. The stock rose on the back of third-quarter profits.

The U.S. market is dominated by truck sales, with trucks outselling cars at 51% of market share versus cars accounting for 49% of the market.

We think the final tally for holiday retail sales could differ from the gloomy picture some of the initial estimates had painted.

Last week, Tesla stock (TSLA) continued to rise, gaining 12% and closing at $358.17 despite mixed market sentiment.