(Reuters) -Tesla faces an existential test this month as it aims to launch self-driving “robotaxis” in its home base of Austin, Texas, where public-safety officials are increasingly concerned about the state’s anti-regulation stance toward autonomous vehicles. For Tesla, the launch of between 10 and 20 Model Y vehicles follows a decade of unfulfilled promises of self-driving vehicles from CEO Elon Musk, who last year staked the company’s future on such technology as it pivoted away from chasing rapid growth in electric-vehicle sales. The Austin robotaxi launch, which Musk says will "tentatively" open to the public on June 22, comes as Tesla tries to arrest a global vehicle-sales slide, stemming from both its aging lineup of human-driven electric vehicles and Musk's right-wing political activities...
Continue ReadingShares of Google’s parent is the cheapest of the so-called Magnificent Seven stocks, and the only member cheaper than the index...
Continue ReadingWells Fargo Slams Tesla Outlook, Forecasts Sharp Collapse...
Continue ReadingTesla’s stock on Wednesday topped the price at which it closed the session before a spat between CEO Elon Musk and President Donald Trump culminated in a one-day drop of about $150 billion in Tesla’s market value...
Continue ReadingAPP surges 50% in 3 months as Axon 2 boosts ad performance and financials amid rising demand in mobile advertising...
Continue Reading(Bloomberg) -- Tesla Inc. already had a lot riding on its highly anticipated robotaxi launch long before Elon Musk decided to swing a wrecking ball through his alliance with President Donald Trump — and the company’s share price. Now investors are looking for a win that can help repair the brand damage and shift Tesla back into growth mode.Most Read from BloombergTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNY Long Island Rail Service Resumes After Grand Central FireNYC R...
Continue ReadingElon Musk backing off from his verbal spat with President Donald Trump is a positive for Tesla (TSLA...
Continue ReadingIf you want to generate cash flow from your stock portfolio, you have to buy dividend stocks. These assets often give out dividends once per quarter, although there are a few stocks that give out monthly dividends. However, receiving cash flow right now doesn't necessarily mean you're picking the best investment. One couple that's worth $2.7 million recently shared that dividend investing isn't the best strategy for young investors. "Focusing on total returns is a more efficient strategy," they...
Continue ReadingTalen Energy (TLN) expands its nuclear energy deal with Amazon (AMZN) to power the tech giant's AI data centers. Shares of the energy stock get a boost Wednesday morning on this headline. Retailer Urban Outfitters (URBN) receives an upgrade to Outperform by Baird analysts. To watch more expert insights and analysis on the latest market action, check out more Wealth here...
Continue ReadingMicrosoft Corporation (NASDAQ:MSFT) is one of the best wide moat stocks to buy now. On June 9, it was announced that London-based financial services giant Barclays PLC (NYSE:BCS) plans to introduce Microsoft 365 Copilot to 100,000 employees as AI takes center stage at enterprises. A Microsoft representative said: “Microsoft 365 Copilot will be integrated into […]...
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