From the FTX bankruptcy and downfall of crypto “rock star” Sam Bankman-Fried to the chaos at Twitter, it has not been a good week for the geniuses of capitalism. Elon Musk’s abrupt a...
Tag: Tesla Inc
SpaceX shakes up Starbase leadership in Starship push
An aerial view of a Starship prototype stacked on a Super Heavy booster at the company’s Starbase facility outside of Brownsville, Texas. SpaceX While Elon Musk earns daily headlines over change...
Cathie Wood’s Innovation ETF surges 13%, on track for its best day ever
Catherine Wood, chief executive officer of ARK Investment Management LLC, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. La...
Lyft, Tripadvisor, Take-Two Interactive and more
Check out the companies making headlines in midday trading. Lyft — Shares of Lyft plummeted 21% after the company’s earnings report showed mixed results in the last quarter. The rideshare compan...
From Teslas to BMWs, cars are piling up on land and sea at German port
Krisztian Bocsi | Bloomberg | Getty Images The Port of Bremerhaven, the main roll on/roll off port in Germany and one of the largest automobile hubs in the world, is experiencing gridlock. The combina...
I think Tesla is a decent situation
Ring Energy: “This is a small cap. It’s not a dice roll because it’s a legitimate company. I do prefer something that gives you that dividend because you know in the Investing Club, ...
Top 5 Renewable Energy Stocks For Q4 2022
| Getty Images Key Takeaways The renewable energy industry stands to gain from the $369 billion allocated toward funding green energy in the Inflation Reduction Act. Renewable energy companies should ...
EV battery firm Britishvolt averts immediate collapse with short-term funding
Charging points for electric vehicles in London, England. Jon Challicom | Moment | Getty Images LONDON — U.K.-based electric vehicle battery firm Britishvolt said Wednesday it had secured short-term f...
Xpeng electric car deliveries drop in October to half of Nio’s
Xpeng said deliveries of its newly launched G9 SUV surged in October from September, despite a drop in the brand’s overall monthly deliveries. China News Service | China News Service | Getty Ima...
Energy sector needs firms with mentality of Tesla to move forward: CEO
The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam. “It took a ...
Apple and Microsoft market caps reached their largest spread on record — at roughly Tesla’s entire valuation
The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more t...
GM temporarily suspends advertising on Twitter following Musk takeover
DETROIT — General Motors is suspending its advertising on Twitter following Elon Musk’s takeover of the social media platform, the company told CNBC on Friday. The Detroit automaker, a rival to ...
South Korea, U.S. in working to adjust regulations
Hyundai executives and government officials break ground on the automaker’s new “Metaplant America” in Bryan County, Georgia, on Tues., Oct. 25, 2022. CNBC | Michael Wayland SAVANNAH...
Chinese EV stocks Nio, BYD, Li Auto, Xpeng fell sharply amid selloff
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio U.S.-traded shares of Chinese electric vehicle makers were among those hit by a dramatic sell-off Monday,...
These 13 companies’ earnings helped drive markets higher
CNBC’s Jim Cramer on Monday offered investors a list of companies whose solid quarters he believes have helped the market rally recently. Here is his list: Bank of America Johnson & Johnson ...
Avis, Pinduoduo, Starbucks, Alibaba and more
People wait in line at Avis rental agency in the Miami International Airport Car Rental Center. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares of the...
Tesla, WeWork, Alibaba and more
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla fell 2.5% in the premarket after cutting Model 3 and Model Y prices in China by up to 9%. The price cuts come amid sign...
Inflation is dominating the conversation on earnings calls. Here’s what execs are saying
Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Mario Tama | Getty Images One thing’s clear at the start of the corporate earnings season: In...
Electrify Your Portfolio With These Three Automotive Stocks
. Auto & Truck Manufacturing Stocks Recent News The automotive industry is facing a lot of change. During the initial pandemic lockdowns, the automotive industry was hit hard as global supply chai...
Elon Musk says a global recession could last until the spring of 2024
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla founder and CEO Elon Musk thinks the global economic de...
Allstate, AT&T, IBM, Tesla and more
Elon Musk looks at a robot display during a tour of the new Tesla Motors auto plant, formerly operated New United Motor Manufacturing Inc. (NUMMI), in Fremont, California, U.S., on Wednesday, Oct. 27,...
Annoyed by ‘curt and almost dismissive’ Elon Musk, one Wall Street analyst sees cracks emerging in Tesla
While some on Wall Street appeared to take disappointing Tesla Inc. results in stride, one analyst was ringing alarm bells over Elon Musk’s “bold” predictions and his “almost dismissive” attitude towa...
AT&T, American Airlines, Blackstone and more
Check out the companies making headlines before the bell: AT&T (T) – AT&T rose 2.4% in the premarket after reporting better-than-expected profit and revenue for the third quarter. The company ...
Opinion: Tesla investors have been the biggest losers in Elon Musk’s Twitter deal, and those losses continue
Twitter users have complained a lot about Elon Musk’s early moves after taking control of the social network, but their complaints seem tiny compared with what Tesla Inc. investors have had to suffer....