As demand for Tesla's vehicles and other products grow, the automaker needs more batteries. This should not come as much of a surprise, as Tesla continues to deliver more cars than Wall Street analysts predict.Batteries have been one of the limiting factors in scaling up production of the company's cars and home Powerwalls. What Happened: A new report from Reuters says Tesla is now ready to grow its battery production capacity in South Korea thanks to help from LG Chem.In the United States, Tesla has produced all of its own batteries in collaboration with its partner Panasonic.LG Chem has traditionally been the battery supplier for all other electric vehicles in the United States.Why It's Important: This is not the first time Tesla has needed help producing more batteries - in China, Tesla gets its battery supply with the help of CATL. This could also have a secondary positive effect for Tesla....
* Insider buying can be an encouraging signal for potential investors. * The executive chair of a petroleum production company returned to the buy window last week. * A former director and a former 10% owner also made notable purchases.Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued to add shares despite overall market volatility and economic uncertainty. Here are some of the most noteworthy insider purchases reported in the past week.Continental Resources Continental Resources, Inc. (NYSE: CLR) saw its founder and executive chair Harold Hamm return and purchase more than 3.13 million additional shares. At per-share prices between $15.18 and $17.92, that totaled more than $52.37 million. His stake is up...
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]...
* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week's bullish calls the he electric vehicle leader and a car rental giant. * A financial giant and a COVID-19 vaccine play were among the bearish callsThe big three U.S. indexes ended the holiday-shortened week with gains of at least 3%. A big bankruptcy in the oil patch comes ahead of a possible rekindled oil price war, and jobs numbers were better than expected.Also, the leading electric vehicle maker trounced expectations last week and became the world's most valuable automaker. And the COVID-19 resurgence continues to wreak havoc on businesses large and small.Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are some of this past week's most bullish and bearish posts that are worth another look.Bulls In "Tesla Analyst Sees 'Major Home Run' In Q2 Deliveries...
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]...
