Tesla Inc
Stock futures are flat after Dow reverses course to start a busy earnings week
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Stock futures were flat after the Dow Jones Industrial Average slumped more than 200 points during Monday’s session, reversing an earlier rally as earnings season continued in earnest. Dow Jones Industrial […]
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Stocks making the biggest moves midday: Goldman Sachs, Delta, Boeing, Tesla and more
David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Goldman Sachs – The bank stock jumped 3% after the company posted […]
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Microsoft president sees ‘new era’ of stagnating labor pool
Microsoft CEO Brad Smith participates in a meeting at The Westin Palace Hotel, on 20 May, 2022 in Madrid, Spain. Cezaro De Luca | Europa Press | Getty Images U.S. companies are facing a “new era” in which fewer people are entering the workforce and pressure to pay higher salaries may become permanent, Microsoft president […]
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5 things to know before the stock market opens Monday
Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Here are the most important news items that investors need to start their trading day: 1. Big earnings week More quarterly earnings reports will stream in this week as companies and investors […]
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Tesla’s bitcoin holdings could result in a $460 million hit for the car maker, Barclays says
Tesla ‘s bitcoin holdings could have taken a big bite out of the electric car maker’s upcoming earnings, according to Barclays. Analyst Brian Johnson said he expects Tesla to report an impairment of roughly $460 million due from bitcoin. Tesla is slated to post earnings Wednesday after the bell. “With Bitcoin ending the quarter at […]
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Elon Musk asks court to reject Twitter’s request for speedy trial
“The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Elon Musk wants time to prepare for a trial over his contentious withdrawal from an agreement to buy Twitter for […]
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Musk says Tesla can lower car prices if inflation ‘calms down’
Tesla CEO Elon Musk said in a tweet Friday that the electric car company could lower prices if inflation “calms down.” The Bureau of Labor Statistics reported a higher-than-expected inflation rate this week with the consumer price index rising 9.1% from a year ago. Tesa increased the prices of all of its car models in […]
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SEC letter to Musk questions tweet about Twitter acquisition
The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images The Securities and Exchange Commission asked billionaire Elon Musk for more information on a tweet related to his $44 billion acquisition of Twitter that he’s recently tried to call off, a new regulatory filing Thursday shows. The […]
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Morgan Stanley’s Jonas trims price target for Tesla, citing slowing economy
Morgan Stanley auto analyst Adam Jonas cut his price target for many stocks in his sector, including Tesla . Jonas said in a note to clients that a slowing economy dampens the outlook for autos, leading to estimate cuts and lower price targets. “We make material cuts to our forecasts across our coverage to reflect […]
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Hyundai unveils new Ioniq 6 EV — an ‘electrified streamliner’ with unique design
The newest electric vehicle from Hyundai Motor is a sedan with a unique bubbly design. The South Korean automaker unveiled the Ioniq 6 Wednesday night as an “electrified streamliner,” a nod to its aerodynamic design that Americans may know best through the design of an Airstream trailer. It’s a major shift in styling from the […]
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