Tesla Inc
Microsoft, Amazon and other tech companies have laid off more than 60,000 employees in the last year
Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images The job cuts in tech land are piling up, as companies that led the 10-year bull market adapt to a new reality. Microsoft said Wednesday that it’s letting go of 10,000 employees, […]
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Winners and losers in electric vehicles as Tesla possibly ignites a price war
Tesla’s decision to lower its prices has broad implications across the electric-vehicle industry — and may have started a price war. Tesla cut prices of the Model 3 and Model Y in the U.S. and Europe last Friday, which may help buyers qualify for more federal tax credits and boost sales volume. The Model 3 […]
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Toyota is investing $35 billion into EVs. But some say it may be too late.
The world’s largest automaker, Toyota, is battling criticism it is behind rivals on electric vehicles, and is even working to try and block the transition to zero-emission electric fleets. But the automaker says it does believe in an all-electric future. It just maintains that future will not reach all of Toyota’s markets at the same […]
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Want a Tesla substitute? Analysts and fund supervisors reveal their top EV stocks
When an investor favored to play the electric powered motor vehicle increase, Elon Musk’s Tesla has had a rough time of it of late. Just 15 months back, Tesla joined the exceptional trillion-dollar sector cap club . Now, a precipitous plunge in its share selling price in 2022 puts its worth perfectly underneath $400 billion. […]
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The EV industry is getting its first recession stress test. Will it be a bust?
Pedestrians walk past the Tesla Motors official authorized car dealer store in Hong Kong. Sopa Images | Lightrocket | Getty Images Is the first electric-vehicle recession here, or coming soon? As electric-car stocks plummeted in late 2022, the rout evoked comparisons to the dot-com stock bust two decades ago. Like the internet industry then, the […]
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Stocks making the biggest moves midday: JPMorgan Chase, Wendy’s, Virgin Galactic, Delta Air Lines, Tesla and more
In this article CPA JPM WEN DAL LMT SPCE Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of a Wendy’s restaurant on August 10, 2022 in Petaluma, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. JPMorgan – Shares of the biggest U.S. bank by […]
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Guggenheim downgrades Tesla to sell, says fourth-quarter estimates are too optimistic
Guggenheim said Friday that Tesla ‘s fourth-quarter expectations are too high — and its stock could struggle as a result. Analyst Ronald Jewsikow downgraded the stock to sell from neutral over concerns about the electric vehicle maker’s fourth-quarter estimates. He assigned a price target of $89, which presents a 28% downside from Thursday’s close. Jewsikow […]
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Stocks making the biggest moves in the premarket: JPMorgan, Virgin Galactic, Tesla and more
A person enters the JPMorgan Chase headquarters in New York, June 30, 2022. Andrew Kelly | Reuters Check out the companies making the biggest moves in the premarket: JPMorgan — The bank reported fourth-quarter earnings and revenue before the bell that topped Wall Street expectations. However, it said a mild recession is now the “central […]
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Tesla cuts rates in the U.S. and Europe to stoke profits following lackluster yr-conclusion deliveries
Electric powered car maker Tesla is reducing price ranges in the United States and all over Europe yet again, according to listings on the firm’s site on Thursday evening in the U.S. Tesla did not answer to a request for remark on what inspired it to slash charges this week. Nevertheless, the go in the […]
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Stocks generating the biggest moves midday: Cognizant, American Airways, Logitech and a lot more
Los Angeles, CaliforniaJan. 11, 2023Flights get ready to get off at LAX on Jan. 11, 2023 following an FAA computer system problem. Carolyn Cole | Los Angeles Moments | Getty Pictures Verify out the companies producing headlines in midday buying and selling. Cognizant — Shares of Cognizant rose 8% just after the IT organization lifted […]
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