 |
Louisiana Light • 2 days | 86.79 | -0.77 | -0.88% | ||
|
Bonny Light • 2 days | 88.04 | -0.81 | -0.91% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% | ||
|
Mars US • 180 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.594 | -0.098 | -3.63% |
|
Bonny Light • 2 days | 88.04 | -0.81 | -0.91% | ||
|
Girassol • 2 days | 89.07 | -0.57 | -0.64% | ||
|
Opec Basket • 3 days | 88.72 | +0.00 | +0.00% |
|
Peace Sour • 12 hours | 75.13 | -0.70 | -0.92% | ||
|
Light Sour Blend • 12 hours | 78.18 | -0.70 | -0.89% | ||
|
Syncrude Sweet Premium • 12 hours | 85.13 | -0.70 | -0.82% | ||
|
Central Alberta • 12 hours | 75.53 | -0.70 | -0.92% |
|
Eagle Ford • 2 days | 78.41 | -0.70 | -0.88% | ||
|
Oklahoma Sweet • 2 days | 78.25 | -0.75 | -0.95% | ||
|
Kansas Common • 2 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 3 days | 87.60 | -1.22 | -1.37% |
Breaking News:
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Tesla Stock On The Rise As China Eases Lockdowns
Tesla stock is popping 3.5% in the pre-market session after the company expected Chinese sales numbers that showed a return to normalcy and the company was slapped with an upgrade by UBS.
The company sold 33,544 cars in May in China, according to China’s Passenger Car Association. This marks a 212% sequential jump, but April's sales were hampered by China's ongoing Covid lockdowns.
The company's "record- high order backlog and ramping up of two new gigafactories, along with expected margin momentum" were in focus for analyst Patrick Hummel, according to a Thursday morning Bloomberg wrap up.
UBS says Tesla has "structural advanatges in 'mission-critical' areas, including with vertical integration in semiconductors and with software and batteries.
The firm also said "stable dominant BEV market share of about 20%" will support Tesla becoming one of the world's top three automakers by 2030.
By Zerohedge.com
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ZeroHedge
The leading economics blog online covering financial issues, geopolitics and trading.
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