Oil producer BP PLC on Wednesday joined Shell PLC in pledging to cover travel expenses for U.S. employee health care treatment following a Supreme Court decision overturning the Constitutional right to an abortion.
Tesla (TSLA) closed at $685.47 in the latest trading session, marking a -1.79% move from the prior day. This move lagged the S&P 500's daily loss of 0.07%. At the same time, the Dow added 0.27%, and the tech-heavy Nasdaq gained 0.02%.
Executives at electric car marker Tesla, drug maker Novartis and retailer Bed Bath and Beyond are cutting spending or jobs while others are shelving projects or deals as inflation rages and confidence in the world economy wanes.
WASHINGTON (Reuters Breakingviews) - China’s President Xi Jinping and Texas’s Governor Greg Abbott have but one thing in common: their relationship with Tesla’s Chief Executive Elon Musk. The U.S. state has been good to the ele
What happened
Tesla (NASDAQ: TSLA) investors have been getting bombarded recently with analyst cuts in second-quarter vehicle delivery estimates and projected financial results. That's understandable considering the global supply chain disruptions and especially COVID-19-related
It's been a challenging year for investors, with the S&P 500 index down more than 22%. In such an environment, growth investors inevitably may ask whether it's time to start loading up on some growth stocks like Tesla (NASDAQ: TSLA). Here are some thoughts on the matter.
U.S. stock index futures struggled for direction on Wednesday after several Federal Reserve policymakers made a case for faster interest rate hikes to tamp down inflation as a string of recent data continued to paint a dour picture for the economy.
Shares of premium electric vehicle (EV) maker Polestar Automotive Holding (NASDAQ: PSNY) debuted on the Nasdaq on Friday via a merger with a special purpose acquisition company (SPAC). The Sweden-based company was formerly the performance-car unit of Sweden's Volvo Cars. Volvo, w
The J.D. Power 2022 U.S. Initial Quality Study (IQS) was released yesterday. In the wake of COVID-induced supply chain snafus, components shortage and shipping snarls, vehicle problems touched an all-time high in the 36-year history of the benchmark study. Vehicle quality
2021 was a banner year for electric vehicle (EV) stocks, with the industry witnessing some of the most hyped initial public offerings (IPOs) in recent memory. Lucid Group (NASDAQ: LCID) was one such EV stock that went public last year after merging with a special purpose acquisit
U.S. stock index futures dipped on Wednesday after several Federal Reserve policymakers made the case for faster interest rate hikes to bring down high inflation.
The stock market sell-off of 2022 showed signs of abating last week as major indices ended the week higher, but they are still down big time this year.
Tesla (NASDAQ: TSLA) has been one of the biggest wealth creators in the last five years. Led by its visionary CEO Elon Musk, the electric car maker evolved from an almost bankrupt company to one of the most valuable companies on the planet.
(RTTNews) - Tesla Inc. laid off about 200 employees in its Autopilot unit as the luxury electric car maker closed down its office in San Mateo, California as part of cost cutting efforts, reports said.
Tesla (NASDAQ: TSLA) is taking a knife to a division that company CEO Elon Musk recently called "essential" to the company's long-term success, raising fresh questions about the world's largest automaker by market cap.
The Consumer Discretionary Select Sector SPDR ETF (XLY) was launched on 12/16/1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Broad segment of the equity market.
Most of us dream from time to time about what it would be like to be a billionaire. Jet-setting and having access to endless opportunities and experiences are all part of the lifestyle. And with many of them being self-made -- and seemingly all of them invested in the stock marke
Tesla has shuttered its office in San Mateo, California and laid off roughly 200 employees working on its Autopilot driver-assistant system there, one of the people told Reuters, in a move seen as accelerating cost-cutting.
Liontown Resources Ltd signed a lithium supply agreement with Ford Motor Co, the Australian miner's latest after similar deals earlier this year with Tesla and electric vehicle (EV) battery maker LG Energy.
South Korean battery maker LG Energy Solution Ltd (LGES) plans to reevaluate its investment plan for a standalone Arizona battery factory due to the current U.S. economic environment, a company spokesperson said on Wednesday.