Tesla Inc plans to restore production at its Shanghai plant to the level at which it had operated before the city's COVID-19 lockdown by Tuesday, a day later than its most recent recovery plan, according to an internal memo seen by Reuters.
On Bolivia's Salar de Uyuni, a vast white salt flat that feels almost otherworldly, Karina Quispe is watching from the sidelines a global resource race for the world's largest - and almost untapped - trove of battery metal lithium.
New York State Comptroller Thomas DiNapoli is calling for votes against directors at Twitter Inc and at Facebook parent Meta Platforms Inc at their upcoming annual meetings, saying both companies failed to enforce their standards against harmful content including from a mass shooting in Buffalo, N.Y. on May 14.
Since Tesla's (NASDAQ: TSLA) CEO Elon Musk disclosed his stake in Twitter on April 4, Tesla's stock has been on a volatile downhill ride, falling 42%. With the saga between Musk and Twitter becoming more complex, some investors may be wondering if Musk has taken his eye off the b
A report saying Tesla Inc CEO Elon Musk's company SpaceX paid $250,000 to settle sexual harassment claims by a flight attendant on a private jet comes as he eyes a takeover of Twitter.
When Jeff Wells placed a reservation for a Rivian R1T pickup in early 2019, he was one of the first in line for a truck from the Amazon.com Inc-backed electric vehicle startup that at the time promised to tap in to a niche not served by other automakers.
The Nasdaq Composite fell 9% in the first quarter, as many investors weighed concerns about the strength of the economy. Even so, a wave of Form 13-Fs recently filed with the U.S. Securities and Exchange Commission suggests that some asset managers remain bullish on growth stocks
The valuations of growth stocks have been tested lately in the wake of unprecedented inflation levels, hiked interest rates, and the economic impacts of Russia's invasion of Ukraine. The Nasdaq Composite has descended 28% year to date, and the Cboe Volatility Index -- commonly re
It's always smart to build diversification into a long-term portfolio. Markets and sectors go in and out of favor, and it helps to have some of your investments working at all times. That's even more important when building a portfolio within a specific sector.
What happened
Shares of social media company Twitter (NYSE: TWTR) pulled back this week, despite a pending offer from Tesla (NASDAQ: TSLA) CEO Elon Musk to buy the company. Though shares traded 2.7% higher on Friday, they fell a total of 6% for the week.
What happened
Shares of Tesla (NASDAQ: TSLA) sank on Friday, declining as much as 10.8% at one point during the trading day. By the time the market closed, the stock was down 6.4%.
The S&P 500 made its closest brush with a new bear market yet, falling more than 20% from its all-time highs during Friday's intraday action before reversing course and actually finishing with a marginal advance.
Elon Musk has made a name for himself and Tesla by breaking the rules, but the billionaire's latest comments on politics and a claim of sexual harassment against him that he said is untrue may hurt the brand in the eyes of some car owners and employees.
The stock market's brutal year neared a grim milestone as the S&P 500's slide on Friday threatened to leave it in a bear market for the first time since March 2020, fueled by worries over sky high inflation, a hawkish Federal Reserve and future economic growth.
The S&P 500 tumbled on Friday, putting the widely followed benchmark on the verge of confirming it has been in a bear market since hitting a record high in January.
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