Tag TSLA

This article covers China curbing exports of EV battery material graphite, SolarEdge's slashed outlook, FCC looking to re-establish net neutrality, and CVS pulling phenylephrine medicines...

Fed Chair Jerome Powell's confusing speech on policy tightening caused market uncertainty and a decline in stock indices. Click here to read more...

Drug retailers, makers face mounting litigation over decongestant products. Toyota works out deal with Tesla to adopt NACS charging standard. Jazz Pharmaceutical exploring strategic options...

Market pressure builds with the 10-year Treasury yield just below 5% and Tesla diving. The market fear gauge jumped...

MEXICO CITY (Reuters) -Mexico's Nuevo Leon state said on Thursday that Tesla was still planning to build a factory and that the government would spend more than $130 million on infrastructure to support construction, a day after CEO Elon Musk said he was hesitating on the project. Tesla announced the planned factory in the northern Mexican state in March, without providing a timeline for construction. Musk on Wednesday said he was still set on the site in the Santa Catarina municipality in northern Mexico, but that the timing was uncertain due to global economic factors, and construction likely would not begin until next year...

Operating profit margins came in at 7.6%, down almost 10 percentage points year over year. The economy is simply making it harder to sell cars, something Musk mentioned several times on the earnings conference call. Tesla stock fell 9.3% to $220.11 a share, while the dropped 0.9% and the was down 1%...

Owners of Toyota and Lexus electric vehicles in North America will be able to charge on Tesla's network starting in 2025, and the Japanese automaker also will start using Tesla's EV connector. In a statement Thursday, Toyota says it will adopt Tesla's North American Charging Standard plug in a little over a year. Existing Toyota EVs with the Combined Charging System plug will be able to use an adapter to charge at Tesla stations, also starting in 2025...

While crime in general is trending down in the United States, car thefts have risen sharply. A new report by the Council of Criminal Justice estimates that auto theft nationwide has risen more than 33.5% in the first half of this year compared to last year. As per their data, the Dodge Charger SRT Hellcat holds the largest target when it comes to car theft, with an RCF of 6,128...