Yahoo Finance autos reporter Pras Subramanian explains how Tesla is still the industry leader in electric vehicles (EVs) despite losing some market share.
Tesla is set to unveil on Thursday its long-delayed Semi, a 18-wheeler heavy duty vehicle that has faced skepticism from industry experts who doubt battery electric trucks can take the strain of hauling hefty loads for hundreds of miles. The launch marks the electric carmaker's first foray into the trucking business as U.S. President Joe Biden's administration is set to offer a generous $40,000 tax credit for clean commercial vehicles. At the unveiling event in Tesla's battery factory in Nevada, analysts will look for details such as pricing, how much freight the Semi can carry, and its charging speed.
The dark cloud of a bear market has a silver lining: It offers investors opportunities to get in on great stocks for a bargain price. Today's bear market is handing us a few once-in-a-decade buying opportunities on a silver platter. Vertex shares are heading for a 44% gain so far this year.