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Latest
How Donald Trump 2024 US election win could favour Elon Musk yet undermine Tesla’s stability
November 06, 2024 06:02 PM AEDT| By InvezzIf Donald Trump secures a return to the White House, his policies could bring mixed outcomes for Tesla and its CEO, Elon Musk. While a Trump presidency might provide Musk with favourable conditions to advance certain initiatives, experts warn it coul...
How Donald Trump’s 2024 US election win could favour Elon Musk yet undermine Tesla’s stability
November 06, 2024 06:02 PM AEDT| By InvezzIf Donald Trump secures a return to the White House, his policies could bring mixed outcomes for Tesla and its CEO, Elon Musk. While a Trump presidency might provide Musk with favourable conditions to advance certain initiatives, experts warn it coul...
Elon Musk’s DOGE talk boosts Dogecoin as Bitcoin, Ethereum dip on US election
November 05, 2024 09:11 PM AEDT| By InvezzAs the US heads into a pivotal election, Elon Musk has once again managed to send Dogecoin (DOGE) soaring. The Tesla and SpaceX CEO has been actively advocating for his proposed Department of Government Efficiency (DOGE), on various platforms. His re...
Dogecoin market dominance tops 1%: Could DOGE price hit $1 this cycle?
October 31, 2024 09:19 PM AEDT| By InvezzThe original meme crypto, Dogecoin, has recorded impressive growth lately, capitalizing on improved broad market sentiments and Elon Musk’s cryptic advertisements. Dogecoin saw remarkable rallies since mid-October, propelling its market cap well past...
Harris vs Trump: Whoever wins US elections, Tesla is set to thrive, say analysts
October 31, 2024 03:56 PM AEDT| By InvezzWall Street’s focus on the auto industry has taken a political twist as analysts and investors assess which stocks stand to benefit regardless of the outcome of the upcoming US presidential election. While much of the auto sector has struggled, Tesla...
Beijing protests EU tariffs on Chinese EVs, files complaint with WTO
October 31, 2024 06:46 AM AEDT| By InvezzThe European Union has implemented significant tariffs on Chinese electric vehicles (EVs) following a thorough investigation, asserting that Chinese state subsidies distort competition and harm Europe’s car industry. Effective Wednesday, the tariffs,...
Are electric vehicles truly superior to gasoline cars?
October 30, 2024 11:09 PM AEDT| By InvezzElectric vehicles (EVs) are no longer the niche option they once were. With declining battery costs, improved performance, and expanding infrastructure, EVs are reaching a tipping point that could see them overtake gasoline cars in a matter of years....
Is Trump’s Truth Social now worth the same as Elon Musk’s X?
October 30, 2024 02:53 PM AEDT| By InvezzShares of Trump Media & Technology (DJT), the parent company of the Truth Social platform, experienced sharp swings on Tuesday, with trading halted multiple times due to market volatility. Despite the ups and downs, the stock ended the day up 8.8...
Trump opposes EVs; why is Elon Musk still backing him?
October 29, 2024 03:44 AM AEDT| By Invezz“I’m not just MAGA. I’m “dark, gothic MAGA””, Elon Musk roared while addressing a mammoth crowd at Republican presidential nominee Donald Trump’s Madison Square Garden rally on Sunday as the Tesla CEO pointed...
Musk’s Department of Government Efficiency (DOGE) token hits $52m value
October 28, 2024 03:02 PM AEDT| By InvezzThe Department of Government Efficiency (DOGE) token surged and reached its all-time high after the wildly successful Donald Trump rally at the Madison Square Garden. The token soared to a high of $0.05345, giving it a market cap of over $52 million....
Elon Musk’s wealth soars by $33.5B after Tesla rally – will he become world’s first trillionaire?
October 25, 2024 03:05 PM AEDT| By InvezzElon Musk, the world’s richest person, saw his net worth soar by $33.5 billion on October 24, after Tesla Inc. recorded its largest share jump in over a decade. Tesla’s stock rose by 22% following the announcement of the company’s third-quarter earni...
S&P 500 and Nasdaq Composite climb, Dow slips; Tesla soars on strong earnings, Boeing drops
October 25, 2024 06:03 AM AEDT| By InvezzUS benchmark equity averages were mixed on Thursday, but S&P 500 index rose slightly led by gains in Tesla and others. At the time of writing, the S&P 500 index was slightly higher by 0.1%, while the Nasdaq Composite was up 0.6%. Howeve...
TSLY vs TSLL: One is a better Tesla ETF to buy
October 24, 2024 01:39 PM AEDT| By InvezzThe YieldMax TSLA Option Income Strategy ETF (TSLY) ETF jumped by 8.135% in the extended hours after Tesla published strong financial results and provided an exciting update of its business. Similarly, the closely-watched Direxion Daily TSLA Bu...
Why is Microsoft struggling to retain its women and minority employees?
October 24, 2024 04:21 AM AEDT| By InvezzMicrosoft Corp. is facing increased difficulties in retaining its female, Black, and Latinx employees, despite ongoing efforts to promote a diverse workforce. According to the company’s latest diversity and inclusion report, which measures both volun...
Why Tesla’s earnings could increase pressure to justify its spot in the Magnificent Seven
October 23, 2024 09:31 PM AEDT| By InvezzWith shrinking profits and underperforming shares, Tesla Inc. is facing increasing scrutiny as it becomes an outlier among its mega-cap technology peers. According to a report by Bloomberg, investors are particularly concerned ahead of the company’s...
Is IONQ stock a better pick than Microsoft for exposure to quantum computing?
October 22, 2024 06:14 AM AEDT| By InvezzQuantum computing has been the front and centre of the financial debates this year – especially among investors on the lookout for the next big thing after artificial intelligence. Two names that offer ample exposure to quantum computing that many be...
Is Tesla launching a phone now?
October 22, 2024 03:00 AM AEDT| By InvezzRumours of a Tesla smartphone have been circulating since 2021, despite no official announcement from the company. Speculation began with a YouTube concept video, sparking widespread discussions online about the potential for a Tesla-branded phone. E...
Microsoft set to launch autonomous AI agents in November, challenging Salesforce’s dominance
October 22, 2024 01:32 AM AEDT| By InvezzMicrosoft will enable businesses to create their own autonomous AI agents starting next month, escalating its competition with Salesforce, which introduced its agentic AI tools in September. This move aims to expand Microsoft’s offerings in AI, allow...
Dogizen gains momentum as Elon Musk affirms crypto’s role in individual freedom
October 22, 2024 12:07 AM AEDT| By InvezzDogizen, a rising star in the crypto gaming space, is capturing attention just as billionaire Elon Musk reaffirms his support for the broader cryptocurrency market. During a recent rally in Pennsylvania, Musk highlighted the potential of cryptocurren...
Explained: What is Elon Musk’s $1 million-a-day giveaway plan
October 20, 2024 11:52 PM AEDT| By InvezzBillionaire Elon Musk has launched a bold initiative, promising to give away $1 million each day until the November 2024 election to individuals who sign an online petition supporting the US Constitution. The campaign, which blends philanthropy with...
