Elon Musk’s rollout and pullback of Twitter Blue, which has allowed users of any status to purchase a blue checkmark for their account, has been nothing short of disastrous — and the owner of one of these accounts is spilling the tea on how he fooled thousands of people. ConnorContinue Reading
The fears of Tesla (TSLA) – Get Free Report shareholders and fans are confirmed. Elon Musk, the CEO of the famous manufacturer of premium electric vehicles, is paying a hefty price for his acquisition of Twitter (TWTR) – Get Free Report. And unsurprisingly, Tesla is paying the price. The billionaire hasContinue Reading
The driverless tech industry hit a couple of snags this week. First came news in Ford’s (F) Q3 earnings report that the automaker was shutting down its Argo AI autonomous driving joint venture. Ford said it would be taking a $2.7 billion non-cash, pretax impairment on its investment in ArgoContinue Reading
Elon Musk says that Tesla could someday be worth more than Apple and Saudi Aramco, combined. First, it needs to get through the next few months. Before Tesla (ticker: TSLA) reported third-quarter earnings this past week, investors had been hoping they would allay concerns that had been growing since theContinue Reading
Tesla reported third-quarter earnings after the bell, and executives addressed a broad range of questions during the earnings call, including macroeconomic concerns and CEO Elon Musk’s pending takeover of Twitter. Shares fell by about 5% after hours following the results. Here are the results. Earnings: $1.05 vs 99 cents per shareContinue Reading
(Bloomberg) — Tesla Inc. reported third-quarter sales that fell short of Wall Street estimates, citing the US dollar’s growing strength, along with production and delivery bottlenecks. Most Read from Bloomberg Revenue rose to $21.5 billion, the company said in a shareholder letter Wednesday, compared with analysts’ projections of $22.1 billion.Continue Reading
Here are five things you must know for Monday, October 10: 1. — Stock Futures Mixed As October Rally Faces Inflation Test U.S. equity futures edged lower Monday, while the dollar consolidated gains against its global peers, as investors extended their retreat from risk markets following an escalation of militaryContinue Reading
Tesla Inc. reported record quarterly deliveries on Sunday. but the number still disappointed analysts. Tesla said it produced over 365,000 vehicles in the just-completed third quarter, and made more than 343,000 deliveries. That was a significant rebound from the second quarter, when it reported nearly 259,000 vehicles built and 255,000Continue Reading
Elon Musk, chief executive of Tesla (TSLA) , has promised that this year he’ll announce the locations of the electric-vehicle manufacturer’s next factories. The list should probably include car-assembly plants as the visionary entrepreneur sees Tesla producing 20 million vehicles a year by 2030 to meet soaring demand for electricContinue Reading
Tesla (TSLA) notched a big jump in China sales and exports last month, an industry group confirmed Thursday, as the carmakers Shanghai gigafactory returned to full pace following shutdowns linked to Covid restrictions and a scheduled upgrade. The China Passenger Car Association (CPCA) said Tesla sold 76,995 China-made cars lastContinue Reading