Tesla stock may be soaring, but Musk’s business model is doomed, says former GM Vice Chairman Lutz

Tesla’s lack of pricing power is going to lead to its demise, Bob Lutz, former vice chairman of General Motors, told CNBC, two days after the electric automaker briefly topped GM’s market capitalization as the nation’s most valuable vehicle...

Here’s why earnings will give investors something to smile about, according to one strategist

Earnings are about to kick into high gear, and one strategist says that this time around, the optimism around earnings is well-warranted. According to Thomson Reuters IBES, analysts expect S&P 500 earnings to grow by about 10 percent should all reports meet...