Alibaba shares fell 3.45% in premarket trading.Chinese regulators have suspended an information-sharing partnership with Alibaba Cloud Computing, a subsidiary of e-commerce conglomerate Alibaba Group, over accusations it failed to promptly report and address a cybersecurity vulnerability, according to state-backed media reports.
Tesla will soar in the short-term, but its competition will catch up eventually.Tesla is ready for its final push. TSLA stock is a double-edged sword. On one hand, you have the best EV maker in the world with promising upside in solar and energy storage. But you also have a ton of new competition entering the electric vehicle space in 2022. And the solar energy and energy storage businesses aren’t exactly booming.The near-term alpha is predicated on the fact that Tesla is killing it in China cur
The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go