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Tesla stock surged on Monday amid reports that Trump's tariff plans may be narrower than expected...
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The Chinese electric vehicle company reported its fourth-quarter earnings ahead of the opening bell on Monday...
Continue ReadingTesla generated $97.7 billion in 2024 revenue, but automotive sales declined 6% while energy revenue surged 67%. Read more about TSLA stock here...
Continue ReadingTesla shares surged Monday, extending gains Friday after CEO Elon Musk told employees to "hang on" to their Tesla stock in an all-hands meeting...
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The losses are piling up for some of the market’s often go-to stocks. Microsoft (MSFT) shares have notched eight straight weeks of declines, Amazon’s (AMZN) stock has been down for seven straight weeks and Tesla (TSLA) has slid for an astounding nine consecutive weeks. While the Tesla sell-off could be attributed to company-specific concerns (demand weakness, Elon Musk’s work at DOGE), the reality is that large-cap tech stocks continue to be out of favor. Investors are rotating into more safe-haven names and questioning valuations on tech inside of a global trade war ignited by the Trump trade war. Recent demand warnings from big-cap plays Delta (DAL), Nike (NKE), and FedEx (FDX) aren’t helping to soothe concerns on tech as we approach first quarter earnings season in mid-April. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Yahoo Finance's Opening Bid is produced by Langston Sessoms...
Continue ReadingThe Chinese EV giant beat Tesla in revenue, unveiled breakthrough tech, and is gearing up for global domination...
Continue ReadingElon Musk a decade ago confidently declared that self-driving technology was just around the corner. Speaking at an Nvidia (NASDAQ:NVDA) conference on March 17, 2015, the Tesla (NASDAQ:TSLA) CEO said, “I view it as a solved problem. We know exactly what to do and we will be there in a few years.” He even predicted that fully autonomous vehicles would become so common that human-driven cars might eventually be outlawed. 2015: The Bold Prediction At the time, Musk claimed that Tesla would be the l...
Continue ReadingTesla’s stock rose early Monday as it tried to snap a long streak of weekly losses. Tesla is about to roll out in China its highest-level driver assistance product, called Full Self-Driving, or FSD, according to Reuters, citing local social-media posts from Tesla employees. Better driver-assistance products can help sell more Tesla vehicles...
Continue ReadingTesla stock rises as shares of the electric-vehicle maker come off their ninth-straight weekly loss, BYD’s annual profit jumps 34%, and Super Micro’s stock is downgraded...
Continue ReadingWall Street’s biggest optimist on technology companies said spending on artificial intelligence has risen over the past weeks even as the stock market has struggled, and that IBM has an enormous opportunity to benefit. In a research note on Monday morning, Wedbush Securities’ managing director Daniel Ives estimated that AI spending now makes up roughly 12% of many IT budgets, and in some cases even 15%. The numbers, up from his estimate of 10% for January, were based on checks conducted over the past few weeks monitoring dozens of large companies...
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