Tesla Inc
Tesla fires Singapore country manager after Elon Musk warns of job cuts
Christopher Bousigues, the Singapore country manager from Tesla, said that his role has been cut as part of a global reduction in the electric carmaker’s workforce. Bousigues said he was responsible for launching the Model Y in Singapore. Bing Guan | Bloomberg | Getty Images Tesla has laid off its Singapore country manager just over […]
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RBC upgrades Tesla to outperform, says automaker can fend off competition for years to come
Tesla will be able to maintain its leadership status in electric vehicles throughout the decade, according to RBC Capital Markets. Analyst Joseph Spak upgraded Tesla to outperform from market perform, saying in a note to clients on Sunday evening that the electric automaker should be able to fend off competitors long term due to its […]
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Chinese automakers want to bring assisted driving to the masses
Jidu, Baidu’s electric car venture alongside Geely, revealed its first concept car on June 8, 2022. Baidu BEIJING — As Chinese companies race for a slice of the world’s largest car market, they’re betting heavily on assisted driving technology. China sold nearly 21.5 million passenger cars last year. That’s roughly the equivalent of sales in […]
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Want EV exposure? One analyst says he’s giving Tesla a miss — and reveals his top pick instead
Tesla may be the first name that pops to mind when it comes to electric vehicles, but analyst Richard Windsor says there are much more effective ways to get exposure to the sector. Windsor says Tesla’s share price is set for further volatility ahead — and investors have no choice but to accept Musk as […]
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Cramer: 15 things I learned about the changing tech sector from my week in Silicon Valley
It’s been more than two years — going back to the start of the Covid pandemic — since I have been able to do a deep dive of Silicon Valley. But over the past week I was able to reconnect with many executives, CEOs, and market insiders in CNBC’s San Francisco bureau, and I was […]
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The biggest mall owner in the U.S. hopes to create a new sales holiday as inflation surges
David Simon, chairman and chief executive officer of Simon Property Group Patrick T. Fallon | Bloomberg | Getty Images David Simon, the chief executive officer of the biggest shopping mall owner in the country, wants to create a new type of annual shopping extravaganza as consumers are increasingly feeling the pinch of inflation just about […]
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Tesla files for 3-for-1 stock split
Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty Tesla just filed its annual proxy statement with the SEC and revealed it plans a three-for-one stock split, and that board member Larry Ellison does not plan to stand for re-election. In the filing, the company […]
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Here are Friday’s biggest analyst calls of the day: Tesla, DocuSign, Netflix, Roblox, Apple & more
Here are Friday’s biggest calls on Wall Street: Loop reiterates Apple as buy Loop said it sees production delays for some versions of the iPhone 14 later this year. “As we have been signaling for a few months, the iPhone 14 Pro Max device is running slightly behind schedule and could result in a staggered/delayed […]
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Tesla cancels three June online hiring events for China
In this April 2022 photo, a Tesla store is seen in Changzhou, China. The country made more than half of the vehicles for the automaker globally and contributed a quarter of its revenue in 2021. Sheldon Cooper | Sopa Images | Lightrocket | Getty Images Tesla has canceled three online recruitment events for China scheduled […]
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Stocks making the biggest moves midday: Tesla, Five Below, Novavax, Nio and more
A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Tesla — Shares dipped 0.9%. The electric vehicle stock rose more than 2% earlier in the session after UBS upgraded the electric vehicle maker to buy from […]
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