WASHINGTON (Reuters) -Tesla said on Wednesday it has built initial versions of an affordable car, a move likely meant to stem the steep decline in sales the company has experienced in markets across the world. Elon Musk's electric vehicle maker posted the worst quarterly sales decline in more than a decade and profit that missed Wall Street targets, but its profit margin on making cars was better than many feared. Tesla shares were down nearly 5% in after-hours trading...
Continue ReadingTesla missed revenue and earnings expectations in Q2 2025 and reported another drop in vehicle deliveries — but one key area of its balance sheet remains rock solid, offering a quiet win amid the turbulence...
Continue ReadingWhen DeepSeek, Alibaba, and other Chinese firms released their AI models, Western researchers quickly noticed they sidestepped questions critical of the Chinese Communist Party. U.S. officials later confirmed that these tools are engineered to reflect Beijing’s talking points, raising concerns about censorship and bias. American AI leaders like OpenAI have pointed to this as justification […]...
Continue ReadingOne topic notably absent from Wednesday’s earnings call: Politics. Elon Musk and other Tesla executives talked about the negative impact of President Donald Trump’s tariff policy and tax bill, but Musk didn’t grab the chance to tout the “America Party” he said he was starting earlier this month. Musk announced the formation of the new party on July 5th, but it’s unclear if he has taken any steps to formalize it...
Continue ReadingWhile Capital One wasn't able to raise its full-year guidance after crushing Q2 EPS expectations, reconfirming its outlook was still a meaningful sign that the acquisition of Discover Financial Services is paying off...
Continue ReadingThe electric-vehicle maker’s net income dropped 16% in the second quarter, marking another quarter of steep declines as sales continue to fall...
Continue ReadingThe search giant is spending tens of billions of dollars on infusing its products with artificial intelligence capabilities...
Continue ReadingAfter the Dow brought in more than 500 points and the S&P notched a new record high, a ton of big-name companies reported earnings after the close...
Continue ReadingWith stocks at records, Trump's trade deal with Japan is another bullish catalyst for investors as the market moves toward the August 1 tariff deadline...
Continue ReadingThe following slide deck was published by Tesla, Inc...
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