Wall Street analysts were blown away by the Tesla Model 3's 'next-gen, military-grade' tech — and say that's why the base model will never turn a profit (TSLA)
Justin Pritchard / Associated Press
UBS analysts disassembled a Tesla Model 3 to compare it with other electric vehicles.
"Tesla delivered the best powertrain at the lowest cost," the investment bank told clients.
But the car's "next-gen, military-grade" tech is the reason the base model will never turn a profit.
Tesla has struggled to ramp up its production of the Model 3, which it has promoted as its first mass-market car.
But with no $35,000 base model even available for pre-order, UBS...
CNBC host Jim Cramer says Tesla CEO Elon Musk should take a medical leave.
Cramer's comes after Tesla shares tumbled on Friday in the wake of Musk's interview with the New York Times.
Musk told the Times that this has been the "most difficult and painful year" of his career and that he's needed to take Ambien to sleep.
Watch Tesla trade in real time here.
CNBC host Jim Cramer thinks Elon Musk should take a medical leave from Tesla.
"Devasting New York Times piece filled with new facts,"...
Nordstrom's second-quarter results beat on both the top and bottom lines, sending shares up more than 11%.
"We expect 2Q will be the strongest quarter in 2018," analysts from Morgan Stanley said.
Morgan Stanley raised its price target to $47 — 11% below where shares settled Thursday.
Watch Nordstrom's stock price in real-time here.
Morgan Stanley says the second quarter was as good as it gets for Nordstrom this year.
On Thursday, the retailer reported second-quarter results that topped Wall...
Thousands of investors got creamed trying to snatch cheap shares of MoviePass' parent company during its epic meltdown (HMNY)
MoviePass owner Helios & Matheson's stock has declined by 99.99% since it first acquired the movie service last year.
As the stock was falling, investors on Robinhood were snapping up shares.
The stock is now worth $0.03 and Robinhood has barred anyone from buying more shares.
Follow HMNY's stock price in real-time here.
As shares of Helios & Matheson — the parent company of MoviePass — plunged to near zero this summer, investors on the free trading-app...
Tesla sinks after Elon Musk opens up about 'the most difficult and painful year' of his career (TSLA)
Tesla shares sank as much as 8% Friday following an emotional interview by CEO Elon Musk.
The billionaire told the New York Times that the past year has been "the most difficult and painful" of his career as he has struggled to make Tesla profitable and jabbed with short-sellers.
Shares have now given up all of their gains following the announcement that Musk would attempt to take Tesla private
Tesla is more than 30% below his $420 target buyout price.
Follow Tesla's stock price in real-time...
Nvidia shares are sliding more than 4% Friday after cutting its guidance.
"We're including no contributions from crypto in our outlook," said Nvidia's CFO Colette Kress.
Wall Street remains bullish on Nvidia despite the less upbeat outlook.
Watch Nvidia's stock price in real-time here.
Nvidia shares are down more than 4% Friday on trading after the chip maker cut its third-quarter revenue guidance and warned that it's crypto business is going to zero.
The chip maker slightly topped Wall...
Tesla CEO Elon Musk told The New York Times on Thursday that he would give up his job to anyone who could do it better.
In an emotional phone interview, the billionaire "choked up" at points during the interview, as he recounted what he called "the most difficult and painful year of my career."
Follow Tesla's stock price in real-time here.
Running Tesla has taken an emotional toll on Elon Musk, the CEO told The New York Times on Thursday, and anyone who can do the job...
Nvidia warned on its second-quarter conference call that it won't make money from cryptocurrency going forward.
Nvidia's actual crypto-specific revenue was lower than expected.
The chipmaker cut its revenue guidance for the third quarter.
Watch Nvidia trade in real time here.
Nvidia's crypto business is dead and it's never coming back, the chipmaker said on its second-quarter earnings call.
"We believe we've reached a normal period as we're looking forward to essentially no...
Apple is reportedly arguing that buildings at its headquarters are worth just $200 so that it can reduce its tax bill
Apple is aggressively appealing tax assessors, the public officials who determine the value of property for tax reasons, according to The San Francisco Ch...
Lucy Nicholson / Reuters
Tesla CEO Elon Musk told the New York Times that he's bracing for months of "extreme torture" from short sellers.
The billionaire has often criticized those investors betting against Tesla's stock price in the past.
Tesla remains the most-shorted stock in the United States by a large margin.
Follow Tesla's stock price in real-time here.
Elon Musk hasn't been quiet about his disdain for short sellers, or those investors betting against Tesla's stock price.
In a New...
Photo by Ethan Miller/Getty Images
Nvidia topped Wall Street's earnings expectations on Thursday but cut its third-quarter revenue forecast.
The chipmaker now expects third-quarter revenue to be around $3.25 billion where the Street had previously expected $3.34 billion.
Follow Nvidia's stock price in real-time here.
Shares of Nvidia fell 6% in after-hours trading Thursday following a guidance cut from the chipmaker despite posting second-quarter earnings that topped Wall Street's...
Shares of Symantec jumped as much as 10% to $20.50 Thursday after Starboard reported a stake in the cybersecurity giant.
Starboard, which manages roughly $6 billion, has taken a 5.8% stake in Symantec and nominated five directors to the board.
The stock surge recovers some of the price loss after Symantec fell sharply after bad earnings earlier this month.
Follow Symantec's stock price in real-time here.
Shares of Symantec surged as much as 10% to $20.50 Thursday on trading after Starboard, a...