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CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs
Technology

CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs

Consumers with the Tesla Model Y L electric vehicle in Tesla stores in Shanghai, China on October 19, 2025. CFOTO | Future Publishing | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue […]

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CNBC Daily Open: Tesla’s increased costs outweighed its revenue growth
World

CNBC Daily Open: Tesla’s increased costs outweighed its revenue growth

Tesla electric vehicles are parked at a Tesla service center on Aug. 2, 2025 in San Diego, California. Kevin Carter | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue might be overshadowed […]

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Trump says Modi assured him India will stop Russian oil purchases, but timeline unclear
World

Trump says Modi assured him India will stop Russian oil purchases, but timeline unclear

The India-flagged oil tanker Desh Ujaala is pictured in the Gulf waters near Al-Basrah Oil Terminal (ABOT), about 50 kilometres offshore of Iraq’s southern Faw peninsula, on August 5, 2025. Hussein Faleh | AFP | Getty Images U.S. President Donald Trump said Wednesday that Indian Prime Minister Narendra Modi told him New Delhi will stop […]

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U.S. crude oil falls 4% after Trump-China trade flare-up threatens to slow global growth
World

U.S. crude oil falls 4% after Trump-China trade flare-up threatens to slow global growth

Oil prices were little changed in early Asian trade on Friday after falling more than 1% in the previous session. Chunyip Wong | E+ | Getty Images U.S. crude oil fell 4% on Friday, after President Donald Trump threatened China with higher tariffs in retaliation for Beijing imposing stricter export controls rare earth minerals. U.S. […]

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