Tesla Inc
SpaceX employees denounce CEO Musk as ‘distraction’ in letter
SpaceX owner and Tesla CEO Elon Musk (R) gestures as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020. Britta Pedersen | AFP | Getty Images A group of SpaceX employees derided flamboyant billionaire CEO Elon Musk as a “distraction and embarrassment” in an internal letter […]
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Musk on possible layoffs at Twitter: ‘The company needs to get healthy’
Musk addresses question of possible layoffs at Twitter: ‘The company needs to get healthy’ Musk said layoffs at Twitter will depend on its financial situation. “It depends. The company does need to get healthy,” Musk said, according to the source. “Right now the costs exceed the revenue” Musk said there has to be some rationalization […]
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Stocks making the biggest moves premarket: Jabil, Commercial Metals, Tesla and more
Check out the companies making headlines before the bell: Jabil (JBL) – The contract electronics manufacturer saw its stock rise 1.2% in premarket trading after beating top and bottom-line estimates for its latest quarter. Jabil earned an adjusted $1.72 per share, 10 cents above estimates, and said it continued to see solid demand from its […]
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Tesla hikes U.S. prices across car models
Interior view of a Tesla showroom on April 26, 2022 in New York City. Kena Betancur | Corbis News | Getty Images Tesla raised prices for all its car models in the United States, its latest price hike amid ongoing global supply-chain issues. The electric carmaker increased its Model Y long-range price to $65,990 from […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to plunge as stocks’ post-Fed rate hike rally vanishes A screen displays the Fed rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in […]
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Elon Musk files appeal to end SEC decree over Twitter posts
In this photo illustration, Twitter account of Elon Musk is seen on a smartphone screen and Twitter logo in the background. Pavlo Gonchar | Lightrocket | Getty Images Elon Musk on Wednesday appealed a judge’s refusal to end his 2018 agreement with the U.S. Securities and Exchange Commission requiring a Tesla lawyer to vet some […]
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Chinese Tesla rival Nio launches new electric SUV as competition heats up
Nio’s ES7 sports utility vehicle adds another competitor to Tesla’s Model X and Model Y in China. Nio Nio on Wednesday launched the ES7 sports utility vehicle as competition with Tesla intensifies in China. The ES7 adds another competitor to Tesla’s Model Y and Model X in China as the competition in the electric SUV space ramps up. Nio is trying to differentiate its electric SUV by highlighting the technology features of the […]
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Musk says he’s leaning toward voting for Florida Gov. Ron DeSantis for president
Brendan Smialowski | Afp | Getty Images Billionaire Tesla and SpaceX CEO Elon Musk is leaning toward voting for Florida’s Republican governor, Ron DeSantis, for president in 2024, he said Wednesday on Twitter. DeSantis, who has not officially thrown his hat in the ring for the race, is an ally of former President Donald Trump […]
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U.S. safety agency says Tesla accounts for most driver-assist crashes, but warns data lacks context
The NTSB released this image of a 2021 Tesla Model 3 Long Range Dual Motor electric car that was involved in a fatal accident near Miami that killed two people on Sept. 13, 2021. NTSB Tesla vehicles have accounted for nearly 70% of reported crashes involving advanced driver-assist systems since last June, according to federal figures […]
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Stocks have officially entered bear market territory—here’s what that means and what you should do
The months-long slide for the S&P 500 index has officially thrown stocks far enough off of their all-time highs to be considered a bear market. Since the beginning of 2022, the S&P 500 index is down nearly 21% as of Monday afternoon, with companies like Amazon and Google parent Alphabet leading the way with their […]
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