Tag TSLA

Tesla's Cybertruck Concerns, Enphase Downgrade, and Intuitive Surgical's Earnings Beat...

The United Auto Workers and the Detroit Three automakers are stuck in a standoff over wages and union representation at future electric vehicle battery plants, with Tesla and Chinese rivals looming over the bargaining tables. UAW President Shawn Fain is pushing negotiators for General Motors, Ford and Chrysler-parent Stellantis to open the doors for the union to organize future battery plant workers, and to raise wages at their respective joint-venture battery plants to match assembly workers' pay...

Thursday was not the ideal day to be a shareholder in many companies in, and adjacent to, the electric vehicle (EV) segment of the auto industry. Lithium-ion battery maker Microvast Holdings (NASDAQ: MVST) felt even more pain, vaulting 9% lower. After market hours on Wednesday, the pace-setting carmaker posted its latest set of quarterly results, which displeased a great many market players...

Tesla (TSLA) reported third quarter earnings that fell short of analyst estimates. Though things like margins and the Cybertruck may be taking the headlines, there is one other element investors should be paying attention to: its performance in China. Watch the video above to hear Yahoo Finance Tech Reporter Allie Garfinkle explain why China could be a problem for the EV maker. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

The S&P 500 lost 0.85% Thursday, Oct. 19, 2023, as Fed Chair Jerome Powell said the economy likely needs to slow to reduce inflation and that more interest rate hikes are possible...

Japan's Toyota Motor, the world's largest automaker by sales, said on Thursday it had signed an agreement to adopt Tesla's electric-vehicle charging technology from 2025. Ford Motor, General Motors and Nissan are among the other automakers that have adopted Tesla's North American Charging Standard (NACS), taking the Elon Musk-led company's superchargers closer to becoming the industry standard at the expense of the rival Combined Charging System (CCS). The Japanese automaker will incorporate the NACS ports into certain Toyota and Lexus battery-electric vehicles (BEVs), including the new Toyota SUV that will be assembled at its manufacturing plant in Kentucky...

U.S. stocks ended solidly lower on Thursday, with shares of Tesla falling after its results and Treasury yields surging as Federal Reserve Chair Jerome Powell spoke about monetary policy and investors worried whether interest rates would stay higher for longer. Tesla shares dropped a day after the carmaker missed Wall Street expectations on third-quarter gross margin, profit and revenue, and its CEO Elon Musk said he was concerned about high interest rates affecting demand...

Tesla shares tumbled Thursday after Chief Executive [Elon Musk tempered expectations](https://www.wsj.com/business/earnings/tesla-tsla-q3-earnings-report-2023-ed3cee6f) for the company’s new Cybertruck. “It's a great product, but financially, it will take, I don't know, a year to 18 months before it is a significant positive cash flow contributor,” Musk told investors late Wednesday...

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

The Dow Jones tumbled after Federal Reserve Chair Jerome Powell spoke on interest rates. Tesla dived amid an Elon Musk warning. Netflix stock soared...