Tesla Inc
Stocks making the biggest moves premarket: Pinterest, Amazon, Take-Two Interactive, Tesla and more
Check out the companies making headlines before the bell. Affirm Holdings — Shares of the payment company popped 14% after Affirm exceeded earnings and revenue expectations for the fiscal second quarter . Affirm, which provides buy now, pay later loans, reported $866 million in revenue for the period, while analysts polled by LSEG expected $807 […]
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Tesla car sales in China fall 11.5% as competition intensifies
A Tesla showroom with its logo and electric vehicles on display, including the Model 3 and Model Y, is seen on January 12, 2025, in Chongqing, China. Cheng Xin | Getty Images Sales of Tesla‘s cars to China fell in January, as competition from domestic rivals continued to heat up. Tesla sold 63,238 units of […]
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Musk’s pivot to U.S. airspace reform raises new conflict-of-interest concerns
Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. Benoit Tessier | Reuters Elon Musk’s involvement in the Trump administration’s airspace reform plan has quickly spurred calls to bar the Tesla and SpaceX leader from those efforts over his […]
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Volvo Cars weighs tariffs-led production move, warns of ‘hyper-competitiveness’ in China
Sweden’s Volvo Cars on Thursday reported a 12% rise in full-year operating income and record revenue, but warned of severe market challenges ahead from intensifying electric vehicle competition and global tariffs. The automaker, which is majority-owned by China’s Geely Holding, said operating income came in at 22.3 billion Swedish kronor ($2.04 billion) in 2024 amid an […]
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JPMorgan says these stocks are the most at risk from Trump’s ongoing tariff battles
The prospect of a trade war between the U.S. and key trade partners put the outlook of a slew of companies in doubt, according to JPMorgan. President Donald Trump over the weekend issued a 25% tariff on Canadian and Mexican imports, along with a 10% levy on goods from China. The duties on Canada and […]
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Palantir’s valuation appears detached from reality when compared to the rest of the S&P 500
While the overall stock market this week is treading water on President Donald Trump ‘s tariff back-and-forth, Palantir is showing animal spirits are alive and well on Wall Street by trading at a valuation that appears detached from fundamental reality. Shares of the mysterious government contractor and artificial intelligence play are trading at a 62 […]
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