Author: Vitaliy Dadalyan

Tesla Accuses Nikola Of Copying Truck Design: Report

Tesla Inc's (NASDAQ: TSLA) all-electric Semi will rely on the progress of Tesla's newly revealed 4860 battery cells.Nikola Corporation (NASDAQ: NKLA) is in litigation with Tesla, alleging Tesla stole the design of its Nikola One concept. Now Tesla is striking back in court. Tesla alleges in a Wednesday filing in the U.S. District Court case former Nikola Executive Chairman Trevor Milton was aware of the Road Runner truck design in 2014 and/or 2015, before Nikola unveiled a similarly designed semi concept, according to Electrek. Tesla said in the filing that Nikola stole its truck design from Adriano Mudri, director of design at the automotive company Rimac. If true, this would invalidate the patents Nikola is using to accuse Tesla of stealing its design.Photo courtesy of Tesla.See more from Benzinga * Ring Teams With Tesla To Enhance Security With Built-In Cameras * Elon Musk Jokes About Producing Electric Jet — But Is...

Moderna Analyst On 4 Coronavirus Vaccine Program Risks

Moderna Inc (NASDAQ: MRNA) is one of the frontrunners in a crowded race to develop a vaccine against the novel coronavirus. Despite Moderna's strong positioning, an analyst at SVB Leerink said he harbors some concerns over the company's vaccine program.The Moderna Analyst: Mani Foroohar maintained an Underperform rating on Moderna with a $41 price target. The Moderna Takeaways: Moderna continues to stick with a November timeline for an interim Phase 3 readout, even with the FDA's tightened emergency use authorization guidelines, Foroohar said following a fireside chat Wednesday with Moderna President Stephen Hoge at the SVB Leerink Vaccine Forum. Even with the optimistic timeline, SVB Leerink is concerned about the slower event rate versus lead competitor Pfizer Inc. (NYSE: PFE/BioNTech SE - ADR (NASDAQ: BNTX), the analyst said.Moderna plans an interim analysis after 53 COVID-19 cases are reported, as opposed to Pfizer/BioNTech's 32, he said. "Design of interim analyses favors BNT162b2...

3 ‘Strong Buy’ Stocks With Over 7% Dividend Yield

Markets are volatile, there can be no doubt. So far this month, the S&P 500 has fallen 9% from its peak. The tech-heavy NASDAQ, which had led the gainers all summer, is now leading the on the fall, having lost 11% since September 2. The three-week tumble has investors worried that we may be on the brink of another bear market.The headwinds are strong. The usual September swoon, the upcoming election, doubts about another round of economic stimulus – all are putting downward pressure on the stock markets.Which doesn’t mean that there are no opportunities. As the old saw goes, “Bulls and bears can both make money, while the pigs get slaughtered.” A falling market may worry investors, but a smart strategy can prevent the portfolio from losing too much long-term value while maintaining a steady income. Dividend stocks, which feed into the income stream, can be a key part of...