Tag TSLA

In an hour-long address recently about the state of the UAW vs. Big 3 contract talks, UAW president Shawn Fain took off the gloves. The bottom line: after all the sacrifices the UAW had made over the years, the days of rolling over were done. The bill is due...

U.S. Steel rejects an unsolicited buyout offer from rival Cleveland-Cliffs, Tesla again cuts prices in China, and AMC stock tumbles after a court approves the movie-theater chain's revised stock-conversion plan...

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U.S. stock index futures edged higher on Monday as most megacap growth stocks steadied after a selloff in the previous session, while investors awaited quarterly reports from U.S. retail giants and economic data later in the week. Hotter-than-expected U.S. producer prices data last week fanned concerns that the Federal Reserve could keep interest rates higher for longer, driving up U.S. Treasury yields and weighing on rate-sensitive big technology and growth stocks. On Monday, as the yield on 10-year government treasuries ticked lower, shares of Microsoft, Meta Platforms and Apple Inc rose between 0.2% and 0.5% in premarket trading...

Local manufacturers have little choice but to cut prices faster and deeper than the US electric-car maker...

The EV maker's management talks production split between its pickup and SUV, its software capabilities as a competitive advantage, and engineering initiatives to drive down costs...

U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here’s what investors need to know today...

Tesla, which is locked in an escalating price war in its biggest and most important market, unveiled further reductions to its Model Y base price in China...

Tesla is cutting the prices of some of its Model Y cars by just over $1900 as it seeks to juice weak sales in China...

U.S. stock index futures edged higher on Monday as most megacap growth stocks steadied after a selloff in the previous session, while investors awaited quarterly reports from U.S. retail giants and economic data later in the week. After strong gains this year, U.S. equities have lost momentum in August, with the tech-heavy Nasdaq posting two straight weeks of declines for the first time in 2023 on Friday. Hotter-than-expected U.S. producer prices data last week fanned concerns that the Federal Reserve could keep interest rates higher for longer, driving up U.S. Treasury yields and weighing on rate-sensitive big technology and growth stocks...