Joseph Spak

General Motors Company (NYSE: GM) is holding a two-day analyst day with a focus on the electrification opportunity that is underway. GM said its revenues would likely double by 2030. The General Motors Analyst: RBC Capital Markets Joseph Spak reiterated an Outperform rating and $74 price...

Tesla, Inc. (NASDAQ: TSLA) reported record deliveries for the September quarter, and the shares are reacting with a move to the upside. The Tesla Analyst: RBC Capital Markets analyst Joseph Spak maintained a Sector Perform rating on Tesla and increased the price target from $745 to $755. The...

Tesla, Inc. (NASDAQ: TSLA) is scheduled to report its third-quarter delivery number later this week. Expectations are running higher after the electric vehicle giant reported record cumulative deliveries of over 386,000 vehicles in the first half of the year. Q3 Expectations For...

Plug Power Inc. (NASDAQ: PLUG) shares ultimately lost ground Friday following the release of second-quarter results by the hydrogen fuel cell energy company. Here's what the sell side has to say.  The Plug Power Analysts: RBC Capital Markets analyst Joseph Spak maintained an Outperform...

Tesla Inc (NASDAQ: TSLA) shares traded lower on Tuesday after the company’s second-quarter earnings beat failed to wow the market. Tesla reported adjusted second-quarter EPS of $1.45 on revenue of $11.96 billion. Both numbers exceeded analyst estimates of 98 cents and $11.3 billion,...

Plug Power Inc.'s (NASDAQ: PLUG) rich valuation is justified given the growth prospects, according to a RBC Capital Markets analyst.  The Plug Power Analyst: Joseph Spak initiated coverage of Plug Power shares with an Outperform rating and $42 price target. The Plug Power Takeaways:...

As electric vehicle developer Lordstown Motors Corp. (NASDAQ: RIDE) flagged a "going concern" warning this week, an analyst at RBC Capital Markets is out with a pair trade idea, recommending selling Lordstown and buying Fisker Inc. (NASDAQ: FSR). The EV Analyst:...

Lordstown Motors Corp (NASDAQ: RIDE) shares dropped another 18% on Wednesday following a 16.3% drop Tuesday after the company issued a “going concern” warning in its latest quarterly filing. What Happened? Lordstown went public in October of 2020 after completing a SPAC merger. Roughly...

Tesla, Inc. (NASDAQ: TSLA) is expected to release first-quarter delivery numbers next week. The latest numbers will come as the company's stock has seen a sell-off since February and a chip shortage has forced many automakers to trim production. Upbeat Expectations For Tesla:...

Shares of General Motors Company (NYSE: GM) and Nikola Corporation (NASDAQ: NKLA) rallied on Tuesday after GM announced it's taking a $2 billion stake in the hydrogen fuel cell electric truck maker. As part of the companies’ new partnership, GM will produce Nikola’s first Badger...

Lear Corporation (NYSE: LEA) pre-announced disappointing second-quarter results Tuesday and lowered its full-year guidance. While the downward guidance revision was unsurprising, the extent to which it was lowered was — and it came due to margin pressure in the E-Systems segment,...

After a brutal start to 2019, Tesla Inc (NASDAQ: TSLA) helped ease investor concerns on Tuesday when the company reported 95,200 vehicle deliveries in the second quarter, slightly above the midpoint of its guidance range and well above consensus Wall Street expectations. Tesla had previously guided...

After telling investors repeatedly throughout 2018 that the company would not need to raise additional capital, Tesla Inc (NASDAQ: TSLA) announced last week it would be raising approximately $2.3 billion in capital. In a conference call with investors, CEO Elon Musk said Tesla’s driverless...

Tesla, Inc. (NASDAQ: TSLA) received more bad news Monday when a pair of analysts became the latest to lower price targets for the struggling stock. The Analysts RBC analyst Joseph Spak reiterated his Underperform rating and cut his price target from $245 to $210. JMP analyst Joseph Osha reiterated...

Tesla, Inc. (NASDAQ: TSLA) suffered another rough day of trading Wednesday after a horrible start to 2019, pushing the stock to its lowest level in three months. Einhorn Piles On In addition to the negative commentary from analysts, Greenlight Capital’s David Einhorn, who has been a longtime...