Chinese electric car company Nio doubles deliveries in 2020 as local competition ramps up for Tesla
Key Points Chinese electric car start-ups Nio, Li Auto and Xpeng each announced in the last few days that vehicle deliveries surged last year. The U.S.-listed shares of the three automakers have soared over the last several months. As much ground as the start-ups have gained, the numbers still fall far short of Elon Musk’s […]
Tesla short sellers lost massive $38 billion in 2020 as stock surged to new heights
Bears got severely burned with Tesla shares up 730 per cent this year Tesla Inc. short sellers lost billions more on the electric-vehicle maker than any other company in 2020, as bears got severely burned by the stock’s surge to new highs. With shares up 730 per cent, Tesla bears have seen more than $38 […]
From Tech to Tesla, Stocks Get $14 Trillion Boost in Covid Year
In a historic year that marked a rapid plunge into bear market territory and a swift recovery into the bull zone, high-flying technology stocks and electric-vehicle pioneer Tesla Inc. were standout trades. The S&P 500 Index went from peak to trough to peak again within 175 days as investors initially shunned most stocks in response to Covid-19 lockdowns and […]
