A Tesla Inc shareholder sued the electric car maker, Chief Executive Elon Musk and its board, accusing them of neglecting to tackle complaints about workplace discrimination and harassment, and engendering a "toxic workplace culture."
Shanghai's economy contracted for a second month in May although at a somewhat slower pace, data from the local statistics bureau showed on Friday, weighing on the commercial hub's recovery prospects following a two-month COVID lockdown.
Tesla’s (NASDAQ:TSLA) financial performance has been nothing short of stellar over the last two years, driven by surging demand for electric vehicles, the production ramp of the mass-market Model Y and 3, and the opening of new production facilities. For perspective, in 202
Whatever cheer investors took from yesterday's Federal Reserve policy announcement and Chair Jerome Powell's presser evaporated Thursday, as the major indexes sank and the Dow Jones Industrial Average dropped to within close reach of its own bear market.
Tesla has cut job postings by 14% since Chief Executive Elon Musk warned he was worried about the economy, needed to reduce staff and would pause hiring worldwide.
(RTTNews) - Luxury electric car maker Tesla Inc. (TSLA) has sharply increased prices of all of its cars models, amid ongoing global supply-chain issues and increasing raw material prices.
Tesla has cut job postings by 14% since Chief Executive Elon Musk warned he was worried about the economy, needed to reduce staff and would pause hiring worldwide.
Elon Musk addressed Twitter employees for the first time on Thursday, expressing his view that Twitter would need to cut its headcount, but offering few other new details about his $44 billion planned takeover of the social media company.
A group of SpaceX employees derided flamboyant billionaire Chief Executive Officer Elon Musk as a "distraction and embarrassment" in an internal letter to executives.
What happened
In the midst of a down market, shares of EV leader Tesla (NASDAQ: TSLA) tumbled more than most, falling 7.2% through noon ET on Thursday after Reuters reported that Tesla is once again raising prices on its electric cars.
Twitter (NYSE: TWTR) set ambitious growth targets during its analyst day presentation last February. The social media company claimed it could grow its monetizable daily active users (mDAUs) from 192 million at the end of 2020 to over 315 million by the end of 2023, and more than
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard S&P 500 ETF (Symbol: VOO) where we have detected an approximate $3.6 billion dollar inflow -- that's a 1.5% increase week over week in
U.S. stock indexes tumbled on Thursday, with growth shares bearing the brunt of the selloff, after the Federal Reserve's largest rate increase since 1994 to combat decades-high inflation fanned worries of a recession.
Stock Market Today Mid-Morning UpdatesOn Thursday, the Dow Jones Industrial Average is down by 700 points, tumbling below the 30,000 mark to the lowest in more than a year. One day after the Fed announced its 75 basis-point interest rate hike, central banks across the globe also
Tesla Inc again raised prices for all its car models in the United States in response to persistent global supply-chain problems and soaring raw material costs.
When Rivian Automotive (NASDAQ: RIVN) went public late last year, some investors and analysts marked it as the next Tesla. That was because the company had big-name early investors and a large base of orders.
Since peaking in November, the crypto market has plunged almost 70% and shed more than $2 trillion in value. That sharp decline has been driven by an increasingly worrisome economic environment. With inflation running rampant, some economists believe a recession is imminent, so i
Investors who have been kicking themselves for missing Bitcoin's (CRYPTO: BTC) run over the past year and a half have a chance for another bite at the apple. With a 53% decline year to date, Bitcoin is now down 67% from its all-time high set in November of 2021 and trading at lev
As the U.S. Federal Reserve aggressively hikes interest rates in an attempt to slow the economy and get inflation back under control, a number of high-profile companies have slammed on the brakes in recent weeks. From Meta Platforms to Salesforce, big tech is putting a freeze on