Samsung Electro-Mechanics said on Friday that it is in talks with Tesla Inc to possibly supply camera modules, but that it cannot reveal the deal size or amount at this time.
Wall Street benchmarks ended up on Thursday, with the S&P 500 and Nasdaq recording their fourth successive higher closes, as traders leaned in to U.S. equities after the Federal Reserve hinted at a more tempered program of interest rate hikes.
U.S. auto safety regulators have opened a special investigation into a fatal pedestrian crash in California involving a 2018 Tesla Model 3 where an advanced driver assistance system is suspected of use.
Wall Street benchmarks ended up on Thursday, with the S&P 500 and Nasdaq recording their fourth successive higher closes, as traders leaned in to U.S. equities after the Federal Reserve hinted interest rate hikes could be tempered if growth suffered.
Wall Street benchmarks rose on Thursday, as investors reacted positively to the previous day's commentary from the U.S. Federal Reserve which hinted the central bank's aggressive pace of interest rate hikes could be tempered if growth suffered.
U.S. auto safety regulators said Thursday they had opened a new special investigation into a fatal pedestrian crash in California involving a 2018 Tesla Model 3.
Volkswagen and its partners will invest over 20 billion euros ($20.38 billion) in a battery cell business, creating 20,000 jobs and targetting annual sales above 20 billion euros by 2030 as it seeks to beat U.S. rival Tesla which leads in the growing market.
What happened
Shares of Tesla (NASDAQ: TSLA) were gaining ground today, on seemingly no company-specific news. Instead, investors may be pushing the electric vehicle (EV) stock higher on positive comments about the EV industry from Volkswagen's CEO. Additionally, investors had a
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and there are growing signs that demand for labor is cooling, with layoffs surging to a 16-month high in June as the Federal Reserve's aggressive monetary policy tightening stokes recession fears.
Tesla (NASDAQ: TSLA) and Rivian Automotive (NASDAQ: RIVN) are two completely different investments right now. But there is one commonality between the two EV makers: The second quarter marks somewhat of a pivot point for their businesses.
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and demand for labor is slowing, with layoffs surging to a 16-month high in June as aggressive monetary policy tightening from the Federal Reserve stokes recession fears.
Tesla’s (NASDAQ:TSLA) deliveries for the second quarter declined by about 18% sequentially to 254,695, down by almost 18% from the prior second quarter, although it grew by about 27% year-over-year. The decline is largely due to the rise in Covid-19 cases in China, which le
Tesla Inc Chief Executive Elon Musk and Shivon Zilis, a top executive at his brain-chip startup Neuralink, had twins in November of 2021, Business Insider reported on Wednesday.
Tesla Inc Chief Executive Elon Musk and Shivon Zilis, a top executive at his neurotechnology firm Neuralink, had twins in November of 2021, Business Insider reported on Wednesday.
The head of National Highway Traffic Safety Administration (NHTSA) said on Wednesday the agency plans a new push to convince Americans to stop speeding, hoping to reduce traffic deaths which have risen sharply in recent years.
Tesla (TSLA) closed at $695.20 in the latest trading session, marking a -0.57% move from the prior day. This change lagged the S&P 500's 0.36% gain on the day. Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq lost 0.1%.
Rivian Automotive (NASDAQ: RIVN) had a brutal first half of the year: The stock lost 75% of its value in just six months. Rivian's move to hike vehicle prices hit a nerve with customers; its full-year production outlook announced in March fell sharply short of analysts' estimates
If there's one thing the financial world will never run short on, it's suggestions. No matter where you turn in this industry, you'll find all the investing advice you could ever want.
What happened
Tesla (NASDAQ: TSLA) investors didn't react well to the second-quarter delivery data the company released over the weekend. But there was some good news within those results. The electric vehicle (EV) leader said it set an all-time monthly record for deliveries in J
Electric-vehicle (EV) leader Tesla (NASDAQ: TSLA) defied conventional carmaking techniques to launch better products. Likewise, its stock has so far defied conventional valuation metrics. The key question is, can it continue to do so?