Tesla Inc
World’s largest sovereign wealth fund reports $40 billion loss in first quarter on tech downturn
The facade of Norway’s central bank, also known as Norges Bank, in Oslo, Norway. Bloomberg | Bloomberg | Getty Images Norges Bank Investment Management — the largest sovereign wealth fund in the world — on Thursday reported a first-quarter loss of 415 billion kroner ($40 billion), citing weakness in the tech sector. “The quarter has been […]
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China and the U.S. are ‘critical and strategic allies,’ Pakistan’s finance minister says
Roads of Karachi, Pakistan, dated 2022 Muhammad Aqib | Moment | Getty Images Countries around the world have been feeling the pressure of tariffs imposed on their exports to the U.S., as well as the trade tensions between the world’s largest superpowers. Pakistan is no exception. U.S. President Donald Trump had imposed a 29% duty […]
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Stocks making the biggest moves midday: Duolingo, Tesla, Boeing, Gildan Activewear and more
Check out the companies making headlines in midday trading: Duolingo — Shares surged more than 9% following Morgan Stanley’s initiation of the language learning platform at overweight. The bank set a Wall Street-high price target on Duolingo shares and called the stock a “best-in-class consumer internet asset.” Tesla — Shares of the electric vehicle maker […]
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Trump wants automakers to move vehicle production to the U.S. It’s not that simple
Ford Motor Company’s electric F-150 Lightning on the production line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – When President Donald Trump hinted last week at a reprieve from 25% auto tariffs, he suggested it would be to allow automakers more […]
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5 quotes: Elon Musk on robotaxi timeline, Optimus robots, tariffs, energy and Tesla’s future
Elon Musk steps off Air Force One upon arrival at Morristown Municipal Airport in Morristown, New Jersey, on March 22, 2025. US President Donald Trump will be spending the weekend at Trump National Golf Club in Bedminster, New Jersey. Brendan Smialowski | Afp | Getty Images Elon Musk tried to rally Tesla bulls Tuesday, brushing […]
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Tesla stock pops after Trump comments on China tariffs and Powell, despite weak earnings
US President Donald Trump and Tesla CEO Elon Musk, alongside Musk’s son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Tesla shares popped 5% after CEO […]
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Third Point’s Dan Loeb says he’s sold out of nearly all of his ‘Magnificent 7’ holdings
Third Point’s Dan Loeb revealed that he has dumped almost all of his positions in the so-called Magnificent 7 stocks after their huge run-up that’s been dented this year from the stock market tariff turmoil. “What we have done in the last few months is number one shifted away from those easy sale candidates of […]
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Stocks making the biggest moves premarket: Boeing, Tesla, BP, Eli Lilly and more
Check out the companies making headlines before the bell. Boeing – The aerospace stock rose more than 5% after the company reported a narrower loss for the first quarter . Boeing said it had a net loss of $31 million in the first quarter, improving on the $355 million loss in the same period last […]
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CNBC Daily Open: Trump, Bessent and Musk give markets the reassurance they need
(L-R) U.S. Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, Interior Secretary Doug Bergum and Transportation Secretary Sean Duffy look on as U.S. President Donald Trump prepares to sign executive orders in the Oval Office of the White House on April 09, 2025 in Washington, DC. Anna Moneymaker | Getty Images The latest CNBC […]
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Tesla’s Optimus humanoid robots hit by China’s rare earth restrictions, says Musk
A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Tesla CEO Elon Musk says China’s new trade restrictions on […]
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