Tesla has posted its Q2 results for vehicle production and deliveries ahead of its incoming financial report later this month. Tesla (NASDAQ: TSLA) electric vehicle deliveries saw an 18% decline for t...
Tag: Tesla
As BTC Plummets to $19,000, Elon Musk’s Tesla Reports $440 Million Impairment Losses
The world’s largest cryptocurrency Bitcoin (BTC) has struggled to keep up with its recovery and has been trading under pressure at a price of $19,000. After the massive price crash in the BTC price th...
GM, NIO, and 3 More of the Best Car Stocks for the Second Half of 2022
Text size The average automotive stock dived about 25% in the second quarter. Drew Angerer/Getty Images The first half of 2022 was painful for the automotive sector, with most car stocks dropping fart...
Warren Buffett-Backed BYD’s EV Sales More Than Tripled In June
A BYD Tang vehicle on sale in Beijing last year. Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP BYD, the China vehicle and battery maker backed by Warren Buffett’s Berkshire Hathaway, ...
Tesla Expected to Report $440 Million Writedown on Its Bitcoin Holdings
Alex Dovbnya Tesla reported that it held roughly $2 billion worth of Bitcoin back in November E-car maker Tesla is likely to report an impairment loss of roughly $440 million in its upcoming quarterly...
What Could Be Ahead for Tesla in the Next Six Months
Text size Tesla CEO Elon Musk recently referred to his company’s two new automotive plants as “gigantic money furnaces.” Sean Gallup/Getty Images How many cars Tesla would deliver in...
Tesla deliveries fall due to China Covid shutdowns and supply shortages
Parts shortages and pandemic-related production shutdowns at Tesla’s plant in Shanghai caused a big drop in the electric car maker’s latest global vehicle deliveries, according to figures released on ...
Tesla Deliveries In Focus Following Record Quarterly Stock Slump
Updated at 9:35 am EST Tesla (TSLA) – Get Tesla Inc. Report shares, fresh off their worst quarterly decline on record, trimmed their slump Friday as investors brace for what could be a grim rea...
Tesla Delivery Pace Drops In Second Quarter On China Slowdown
Elon Musk at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Tesla’s billionaire CEO had anticipated more robust deliveries at the start of the seco...
Tesla Vehicle Deliveries Tumble After China Factory Shutdown
Tesla vehicle deliveries fell quarter-over-quarter for the first time in more than two years, reflecting an extended shutdown in China, supply-chain disruptions and challenges associated with opening ...
Dow Jones Futures: Stocks Bounce, But Don’t Feed The Bear Market; Tesla Deliveries Tumble In Q2
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. A newly confirmed stock market rally quickly moved to “under pressure,” last week as the m...
Supreme Court Limits EPA, Nikola Founder Nixes Share Increases And How Climate Change Hurts Harvests
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images On Thursday, the Supreme Cou...
Dow Jones Futures Fall: Why This Micron Warning May Be ‘Good’ News; Tesla Rivals On Tap
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. Micron earnings were after the close while several EV startups and auto giants report sales Friday morning...
Tesla to Close San Mateo Office as 200 Staff Prepares to Lose their Jobs
American multinational electric vehicle manufacturing company, Tesla Inc is set to shut down its office in San Mateo, a move that will cost 200 of the EV maker’s staff to lose their jobs. As reported ...
Analyst cuts Tesla Q2 delivery expectations
Tesla (NASDAQ: TSLA) can’t seem to catch a break with yet more negative news for the company. This time it comes in the form of another cut from analysts. Namely, On Tuesday, June 28, Itay Michaeli, C...
Health Inequities May Cost The U.S. One Trillion Dollars
Health inequity is expensive. A new report by Deloitte elucidates the details: “…health inequities account for approximately $320 billion in annual health care spending signaling an unsustainable cris...
Dow Jones Up As Powell Issues Inflation Warning; Tesla Stock Falls Amid Closure; Apple Stock Gains
The Dow Jones Industrial Average rose despite Federal Reserve Chairman Jerome Powell issuing an inflation warning. Tesla (TSLA) stock fell following news it is closing a Silicon Valley office. Bed Bat...
Tesla Analysts Slash EV Delivery Forecasts After Turbulent China Quarter
Elon Musk speaks during the opening of Tesla’s Giga Berlin plant near Gruenheide, Germany, on March 22. Getty Images Tesla began the second quarter on a tear after starting 2022 with its biggest...
What Range Anxiety? Mercedes’ Vision EQXX EV Goes 747 Miles On A Single Charge
The sleek body of the Vision EQXX has a .17 drag coefficient – better than a Tesla and most anything … [+] else on the road. But it still look “normal” and we love that trick t...
Tesla workers are returning to office only to find there aren’t enough desks or parking spots for them
Elon Musk’s plan to get employees back in the office is hitting a bit of a speed bump: There aren’t enough desks or parking spots for returning workers. Tesla’s most productive factory, located in Fre...
Tesla Lays Off About 200 Autopilot Workers, Most of Them Hourly
(Bloomberg) — Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter. Most Read...
I Support Dogecoin Because Tesla, SpaceX Warehouse Workers Asked Me To, Elon Musk
Billionaire Elon Musk is one of the most vocal supporters of Dogecoin. Using his platform and notoriety, Musk had been one of the major factors behind the run-up to $0.70 for DOGE in early 2021 before...
The performance of Tesla on the stock market
The bear market is well established, the stock market has been in the red since 2022, but in some sectors the losses started even much earlier. The main stocks The performance of the major stocks on...
Elon Musk’s Tesla and the program against blackouts
Tesla, Elon Musk’s company, has partnered with California power company PG&E to launch a new program against blackouts using Powerwalls. There’s more in the Tesla household, as some employees who...
Cathie Wood Claims Economy Already In A Recession—Warns Inflation And Inventories Pose ‘Big Problem’
Topline High-profile stock picker Cathie Wood conceded to being wrong about the duration of high inflation that’s contributed to her fund’s steep decline this year while doubling down on h...
All You Need To Know For A Great EV/Tesla Road Trip
Sometimes it works out perfectly, with free charging right on a California beach Brad Templeton EVs are fantastic cars, zippy, fun, and super cheap to operate. Around town, if you charge at home, you ...
Dow Jones Futures Fall: What To Do In New Stock Market Rally; Tesla Sales Up Next
Dow Jones futures were lower following Monday’s stock market fall. Still, the new stock market rally continues and six top stocks to buy and watch include AutoZone and Merck. X Late Monday, Dow ...
Tesla Deliveries Due After Shanghai Production Woes; Tesla Stock Hits Resistance
Tesla (TSLA) is likely to announce global production and delivery data for the second quarter later this week, after the Covid lockdowns and restrictions significantly reduced Shanghai plant productio...
China EV Sales: Tesla Rival BYD Breaks Out After Huge Win Streak; Nio, Li Auto, Xpeng Due
China EV sales for June and the second quarter are due, after Nio (NIO), Xpeng (XPEV) and Li Auto (LI) signaled a Covid recovery but Wall Street says — not so fast. X BYDDF stock broke out afresh Mond...
Tesla launches decentralized power plant
The pursuit of cost optimization now finds its way through Tesla, which is not only involved in electric cars but also in robotics and electricity in general. Tesla’s new Powerwall Tesla launches the...