Tesla Inc

Elon Musk says he thinks inflation is worse than reported and likely to continue through 2022
Technology

Elon Musk says he thinks inflation is worse than reported and likely to continue through 2022

Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters On Tesla’s first-quarter earnings call Wednesday, CEO Elon Musk said he thinks that inflation is worse than reported and is likely to last all year in 2022. U.S. inflation rose 8.5% annually in March to […]

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Stock futures rise as investors digest more earnings reports
Finance

Stock futures rise as investors digest more earnings reports

Traders on the floor of the NYSE, April 4, 2022. Source: NYSE Stock futures rose in overnight trading as investors digested more quarterly reports from the likes of Tesla and United Airlines. Futures on the Dow Jones Industrial Average added about 80 points, or 0.2%. S&P 500 futures ticked up 0.4% and Nasdaq 100 futures […]

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Stocks making the biggest moves after hours: Tesla, United, Carvana and more
Finance

Stocks making the biggest moves after hours: Tesla, United, Carvana and more

An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Check out the companies making headlines after the bell:  Tesla — Shares of the electric vehicle maker rose 4% in extended trading after a better-than-expected earnings report. Tesla posted earnings of $3.22 per […]

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Tesla reports first-quarter earnings after the bell on Wednesday
Technology

Tesla reports first-quarter earnings after the bell on Wednesday

Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Electric vehicle maker Tesla is set to deliver a first quarter earnings update after the bell on Wednesday. Here’s what Wall Street is expecting, according to […]

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Options traders bet on big post-earnings gains for Tesla
Technology

Options traders bet on big post-earnings gains for Tesla

Options traders are making a ton of noise in Tesla’s stock as the company gears up to report earnings after the bell Wednesday. The electric vehicle manufacturer headed up by Elon Musk — who continues to make a lot of noise himself — has struggled so far this year, but the options market is betting […]

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‘Tesla is bigger than Musk’: Jefferies says investors shouldn’t be shaken by Twitter ‘distraction’
Technology

‘Tesla is bigger than Musk’: Jefferies says investors shouldn’t be shaken by Twitter ‘distraction’

Tesla can continue executing on its plans even if Elon Musk ends up buying Twitter, Jefferies autos analyst Philippe Houchois says. Source

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Op-ed: U.S. Democrats press Congress to pass China tech competition bill to create jobs and shore up supply chain
Politics

Op-ed: U.S. Democrats press Congress to pass China tech competition bill to create jobs and shore up supply chain

Sen. Sherrod Brown, D-Ohio, and Rep. Ro Khanna, D-Calif., both sponsored legislation that promises to invest billions of dollars in technology, strengthen the U.S. supply chain and make America’s tech sector competitive with China. They both sit on the conference committee charged with combining different versions of the bill, which separately passed the U.S. House […]

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What is ‘Web3’? Here’s the vision for the future of the internet from the man who coined the phrase
Technology

What is ‘Web3’? Here’s the vision for the future of the internet from the man who coined the phrase

Computer scientist Gavin Wood coined the term “Web 3.0” in 2014, laying out his vision for the future of the internet. The phrase, also shortened to “Web3,” has become an internet buzzword recently with high-profile technologists, including Twitter founder Jack Dorsey and Tesla CEO Elon Musk, debating the meaning of the term. Wood, who is […]

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National Urban League urges Twitter to reject Elon Musk’s bid over civil rights concerns
Technology

National Urban League urges Twitter to reject Elon Musk’s bid over civil rights concerns

National Urban League President and CEO Marc Morial. Getty Images Twitter’s board of directors should consider rejecting Elon Musk’s bid for the social media company because of the harm his ownership could have on users’ civil rights, said Marc Morial, president of the National Urban League. In a letter on Monday to Twitter Chairman Bret […]

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It seems unlikely Musk will get private equity funding for Twitter purchase
Technology

It seems unlikely Musk will get private equity funding for Twitter purchase

Brendan Smialowski | Afp | Getty Images It “seems unlikely” Musk will get help from private equity firms with his $43 billion bid to buy Twitter and take it private, according to CNBC’s David Faber. “The more I report, the less I believe there’s anybody else that really could show up here,” Faber said on […]

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