Tesla's stock price fell, while Uber soared to a new high with an innovative 'lie down and win' strategy. What are investors seeing?
Tesla's conference helped Uber's stocks soar nearly 11% to a record high. Citigroup analyst Ronald Josey said the Tesla conference has increased their confidence in Uber stocks because there are few details about Cybercab sales and the ride-hailing app, and they believe Tesla may collaborate with Uber in future sales.
Tesla Leaves Uber Plenty of Road -- Heard on the Street -- WSJ
A Quick Look at Today's Ratings for Uber Technologies(UBER.US), With a Forecast Between $88 to $100
Daily short sale tracking: Uber Technologies's short volume increased by 5 million, with a short sale ratio of 14%
Uber Technologies(UBER.US) ranked top of the list had the largest change in short volume (5.44 million shares), and the short volume ratio of Royal Bank of Canada(RY.US) reached 67.33%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
Just this? Wall Street is very disappointed with Musk and tesla.
Self-driving taxis lack key details, humanoid robots rely on manual control, the eagerly anticipated budget models are absent again, and the performance improvement information of the Full Self-Driving (FSD) system is missing, leaving Wall Street's expectations largely unmet.
Has uber technologies (UBER.US) stock price reached a new high because of the "divine assistance" from tesla (TSLA.US)?
On Friday, uber technologies' stock price surged more than 10.5%, reaching a new all-time high.