Tag TSLA

Elon Musk has restored the X account of conspiracy theorist Alex Jones, pointing to a poll on the social media platform formerly known as Twitter that came out in favor of the Infowars host who repeatedly called the 2012 Sandy Hook school shooting a hoax. It poses new uncertainty for advertisers, who have fled X over concerns about hate speech appearing alongside their ads, and is the latest divisive public personality to get back their banned account. Musk posted a poll on Saturday asking if Jones should be reinstated, with the results showing 70% of those who responded in favor...

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White Brook Capital Partners, an investment management firm, released its third quarter 2023 investor letter, a copy of which can be downloaded here. White Brook Capital Partners maintains its outperformance against the S&P Midcap 400 year to date, boasting a 6.49% increase compared to the index’s 4.28% gain. However, it falls short of the S&P 500’s […]...

There are few advantages to being a new entrant in the highly competitive automotive industry -- but Rivian has one...

Musk played a key role in luring Sutskever to OpenAI before starting xAI, the startup behind ChatGPT rival Grok...

Love it or hate it, there's no doubt that Tesla (NASDAQ: TSLA) has had a memorable 2023 on Wall Street. Shares of the EV maker have nearly doubled this year, up 94% through Dec. 6 even as its business performance disappointed as price cuts in the EV industry led to slowing sales growth and lower profits. While the electric vehicle market has been challenging, Tesla shares have been buoyed this year by hopes for its artificial intelligence (AI) initiatives...

With its shares up by a whopping 121% year to date, Tesla (NASDAQ: TSLA) has been one of 2023's big winners, convincingly bouncing back from a difficult 2022 marred by production issues and its CEO Elon Musk's controversial acquisition of Twitter. CEO Elon Musk attributes the top-line weakness to high interest rates, which make it harder for consumers to finance and purchase cars. Fixing Tesla's bottom line will be a more challenging effort...

Given a chance to get close to the new pickup, some influencers complained about its price and range...