[ad_1] tesla (TSLA) has reportedly reduced production at its Shanghai factory amid slowing demand for electric vehicles in the world’s largest auto market. The decision to reduce production in China also comes as the global electric vehicle giant is heading towards a possible loss of deliveries in the first quarter and has announced that vehicle … Read more
[ad_1] tesla (TSLA) has had a dismal start to 2024, losing more than a third of its value. But Tesla shares have not gotten significantly cheaper, according to one key indicator. x Often, when a stock sells off sharply, Wall Street investors and analysts tout it as a buy, citing much cheaper valuations. Tesla shares … Read more
[ad_1] Dow Jones futures and other major indexes extended gains as NVIDIA (NVDA) rose to another record and tesla (TSLA) today added to this week’s already heavy losses in the stock market. Meanwhile, Federal Reserve Chairman Jerome Powell will appear before Congress for the second day in a row. x Dow Jones futures rose 0.2% … Read more
[ad_1] OpenAI, in its first public comments on Elon Musk’s lawsuit against the influential artificial intelligence research lab, said Musk had attempted to transform the lab from a nonprofit to a for-profit operation before leaving the organization. at the beginning of 2018. The comments, made in a blog post released Tuesday night, are part of … Read more
[ad_1] March 5, 2024, 11:21 GMT Updated 5 minutes ago Screenshot, Firefighters went to the Tesla plant on Tuesday morning to check its safety. A far-left activist group has claimed responsibility for an alleged arson attack that saw Tesla halt production at its Berlin car factory on Tuesday. In a letter posted online, activists calling … Read more
[ad_1] Henrik Fisker, CEO of Fisker. Mario Tama/Getty Images Tesla rivals Rivian, Lucid and Fisker were at the top a few years ago. Amid growing investor interest, electric vehicle makers boasted strong market capitalizations and talked of bright futures. Things look much less promising today. The electric vehicle sector is facing slowing growth, and even … Read more
[ad_1] Down Angle Icon An icon in the shape of an angle pointing downwards. Advertisers have fled X in recent months following a series of controversies surrounding its owner, Elon Musk. Antonio Masiello Lawyers for a Tesla shareholder successfully scuttled Elon Musk’s $56 billion pay package from Tesla. They are now asking a judge for … Read more
[ad_1] The ailing electric vehicle (EV) sector needed a win in the stock market, and it got it on Monday. Thanks to some good news from one of their own, numerous electric vehicle companies saw their stock prices rise that day. Among them was the sector’s poster boy, tesla (NASDAQ:TSLA)which increased almost 4% compared to … Read more
[ad_1] Tesla CEO Elon Musk has personally committed to correcting a mistake by the electric vehicle maker that left a small company in San Jose in a difficult situation. According to Musk in a post on X, the social media platform formerly known as Twitter, people and companies should be able to count on Tesla … Read more
[ad_1] Billionaire Elon Musk has vowed to “make things right” with a California bakery after his company backed out on a cake order that cost the owner thousands of dollars. “I just found out about this. She will make things right with the bakery.” musk said on X (formerly Twitter) in response to a story … Read more