Attorneys for Tesla Inc and for investors will make opening arguments in a San Francisco court on Wednesday in a case to decide whether CEO Elon Musk's 2018 tweet that funding was "secured" to take the company private damaged shareholders.
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Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla but for now it's stuck in the slow lane on its rival's home turf.
Tesla (US:TSLA) CEO Elon Musk is set to face a securities-fraud trial in a San Francisco court on Tuesday over tweets from 2018 in which he suggested taking the company private, claiming he had secured funding.
The NASDAQ 100 After Hours Indicator is up 1.92 to 11,559.11. The total After hours volume is currently 110,180,953 shares traded.The following are the most active stocks for the after hours session: United Airlines Holdings, Inc. (UAL) is +1.01 at $52.21, with 3,856,344 shares
The best performing sector as of midday Tuesday is the Consumer Products sector, higher by 0.3%. Within the sector, Tesla Inc (Symbol: TSLA) and Church & Dwight Co Inc (Symbol: CHD) are two large stocks leading the way, showing a gain of 7.0% and 4.0%, respectively. Among
The Dow fell more than 1% on Tuesday as weak earnings from Goldman Sachs dragged the index lower, but a jump in Tesla shares helped the Nasdaq stay postive as the corporate earnings season took center stage.
The Dow fell sharply on Tuesday as weak earnings from Goldman Sachs dragged the index lower, but a jump in Tesla shares helped the Nasdaq stay little changed as the corporate earnings season took center stage.
The Dow stumbled more than 1% on Tuesday as weak earnings from Goldman Sachs dragged the index lower, but a jump in Tesla shares helped keep the benchmark S&P 500 and Nasdaq near the unchanged mark.
Jury selection kicked off on Tuesday in a case brought by Tesla Inc shareholders who claim Elon Musk's 2018 statement that funding was "secured" to take the electric car maker private amounted to fraud.
The Dow fell on Tuesday as Goldman Sachs weighed the most on the index after missing quarterly profit estimates, while gains in Tesla limited losses on the benchmark S&P 500 and kept the Nasdaq afloat.
A 2016 video that Tesla used to promote its self-driving technology was staged to show capabilities like stopping at a red light and accelerating at a green light that the system did not have, according to testimony by a senior engineer.
What happened
Tesla (NASDAQ: TSLA) has ruffled some investors' feathers in recent weeks, as it has slashed prices of its electric vehicle (EV) offerings, first in China and then in Europe and the U.S. Ramifications from those moves continue to drive momentum in the stock.
The stock market has started 2023 on a positive note, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) in particular has performed quite well. That outperformance endured on Tuesday morning, as the Nasdaq jumped to a 0.5% gain even as some other major market benchmarks lost ground o
In early trading on Tuesday, shares of Tesla topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.9%. Year to date, Tesla Inc registers a 4.3% gain.
Wall Street's main indexes slipped on Tuesday as Goldman Sachs missed quarterly profit estimates, worsening sentiment already dented by concerns of a slowdown in China's economic growth.
Tesla's retail sales surged in China in January after it slashed prices for its top-selling models earlier in the month, data compiled by China Merchants Bank International (CMBI) showed.
Tesla TSLA is set to post fourth-quarter 2022 results on Jan 25, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $1.13 per share and $24.84 billion, respectively.
The NASDAQ 100 Pre-Market Indicator is down -22.1 to 11,519.38. The total Pre-Market volume is currently 56,068,452 shares traded.The following are the most active stocks for the pre-market session: Tritium DCFC Limited (DCFC) is +0.63 at $2.12, with 8,801,606 shares traded. As
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