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In an ambitious push to redefine the electric vehicle (EV) landscape, Tesla is gearing up for what CEO Elon Musk describes as a challenging production ramp-up for its next-generation, mass-market EV. Codenamed Redwood, this affordable electric car is slated to enter production in 2025 at Tesla’s Texas Gigafactory, signaling a significant leap toward making sustainable transportation accessible to a wider audience. During the company’s recent earnings call, Musk issued a stark warning to Tesla wo...
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Does bad governance yield good shareholder returns? As Elon Musk and Tesla show, it is complicated. This year, the stock is down 19%. The company has [dropped growth guidance](https://www.wsj.com/business/autos/tesla-makes-it-harder-for-investors-to-ignore-its-problems-511a2c40), and its managing shareholder has [pushed for a new pay deal](https://www...
Continue ReadingNews of a potential BYD plant in Mexico should set off alarm bells in the boardrooms of U.S. auto makers. It’s never too early to get ready for new competition...
Continue ReadingShares of Tesla Inc. dropped 0.25% to $199.95 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite.....
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Domo is making some progress on reducing costs and is moving to more of a consumption-based business model. Read more to see our analysis on DOMO stock...
Continue ReadingAmazon.com has joined rocket maker SpaceX and grocery chain Trader Joe's in claiming that a U.S. labor agency's in-house enforcement proceedings violate the U.S. Constitution, as the retail giant faces scores of cases claiming it interfered with workers' rights to organize. Amazon in a filing made with the National Labor Relations Board (NLRB) on Thursday said it plans to argue that the agency's unique structure violates the company's right to a jury trial. The company also said that limits on the removal of administrative judges and the board's five members, who are appointed by the president, are unconstitutional...
Continue ReadingThe chip maker’s role in the artificial-intelligence boom has made Nvidia a key driver of stock index performance. But its rapid growth raises the stakes for the company’s coming earnings announcement...
Continue ReadingThe narrow rally trend in 2023 is expected to continue in 2024. See why overweighting profitable big-tech stocks offer pretty solid long-term growth prospects...
Continue ReadingApple (AAPL) is working on a new artificial intelligence tool to help app developers work more efficiently, according to a report from Bloomberg. The tool would help Apple take on rival tech giant Microsoft (MSFT), which has its own platform, GitHub Copilot. Yahoo Finance's Madison Mills and Rachelle Akuffo break down the story. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich...
Continue ReadingTesla Chief Executive Elon Musk told his top designer he wanted to make an electric pickup that would have good driving dynamics and a covered bed—and “feel like the future.” It was up to Franz von Holzhausen to decipher what his boss meant. “My job is to take the few words and turn them into many,” said von Holzhausen, a 15-year veteran at Tesla, in a recent interview...
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