Look out Tesla, there’s a new bitcoin stocktwits kndi in town. Electric cars are becoming all the rage. And this time, it’s not about Tesla. 5,000 to 10,000 electric vehicles to market in the next year or so.
And Kandi’s stock has nearly doubled since June 1. Seems like it’s not just Americans who are enamored with the idea of ‘plug and drive. Investors are keeping an eye on the meeting for any announcements that could drive the stock back up, but so far the news has been pretty dull. Investors can’t seem to get enough of Elon Musk.
Shares took a hit last week after the company reported a wider-than-expected first-quarter loss. Tesla shares did something on Friday that they don’t often do. Earlier this week, the electric car maker said that proceeds from this stock sale would be used to pay back the terms of a loan from the Department of Energy. Investors can’t seem to get enough of companies that harness the sun’s power.
8 IPO price back in December. 60 right out of the gate. And it’s all thanks to the all-electric Model S. Shares of the electric car maker rallied to a new high Tuesday, just days before the company is set to report its first profit ever.
The Model S is a full-size, four-door luxury sports sedan. The opinions expressed in this commentary are solely those of Paul R. Tesla may be the Apple of the auto business. Tuesday, nearly hitting a new high, on heavy trading volume. Tesla generated a lot of buzz last month after CEO Elon Musk tweeted about a game changing announcement. Am going to put my money where my mouth is in v major way. Where’s the drama on Wall Street?
Yes, Urban Outfitters may be finally turnings things around. What does a Trump presidency mean for the Fed? Positions that are still open may not be listed until closed. Bilo Selhi is not registered as a broker-dealer or investment adviser. Median increase of trade alerts: 8. BNTC – You’ll know an alert service is good if they can detect subtle patterns that foretell of big future moves a DAY in advance! Today’s one and only pre-market news alert was for CPRX.
Access insights and guidance from our Wall Street pros. Find the product that’s right for you. KNDI i think is going to hit 14. 4 million in sales during the first quarter. Kandi also saw strong results from a joint venture to create electric vehicle parts. Kandi CEO Xiaoming Hu characterized the financial results as satisfying and expressed confidence in the company’s electric-vehicle business.