Tag TSLA

General Motors is resilient amid tariffs, EV headwinds, and changing demand...

Tesla stock rose early Wednesday. The move comes after Reuters reported that South Korea’s LG Energy Solution or LGES, signed a $4.3 billion deal with Tesla to supply lithium iron phosphate, or LFP, batteries. LFP batteries don’t use more expensive, and controversial, elements such as cobalt...

Tesla Inc.’s (NASDAQ:TSLA) second-quarter report didn’t sit well with longtime Tesla shareholder Ross Gerber, who pulled no punches in an interview following the release. “Yeah, I mean, it’s garbage,” the CEO of Gerber Kawasaki Wealth and Investment Management, told Yahoo Finance, just after the report was released. “It’s sad and depressing to me that this is a business in decline when it should be... a growing business, and it’s not.” "It's garbage, it's sad and depressing to me that this is a...

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Wednesday...

(Bloomberg) -- In a sweltering cattle shed south of Seoul, flies dart across hundreds of cows sitting at the heart of a trade talks between the US and South Korea.Most Read from BloombergThe World’s Data Center Capital Has Residents SurroundedAn Abandoned Art-Deco Landmark in Buffalo Awaits RevivalBudapest’s Most Historic Site Gets a Controversial RebuildSan Francisco in Talks With Vanderbilt for Downtown CampusBoston’s Dumpsters Overflow as Trash-Strike Summer Drags OnLee Jongtae, 62, has raise...

Unnamed client thought to be Tesla...

Japanese electronics and technology company Panasonic has chosen a new chief executive at a group company after eking out a 1.2% rise in its first-quarter profit. Kenneth William Sain, a former Boeing executive, will replace Yasuyuki Higuchi as Panasonic Connect's president and chief executive in April 2026, the company said Wednesday. Panasonic Connect offers solutions and products for various supply chains, public services, infrastructure and entertainment sectors...

TOKYO (Reuters) -Panasonic on Wednesday said first-quarter operating profit at its battery-making unit grew 47% as an AI investment boom offset the negative impact of U.S. tariffs and the termination of electric vehicle tax credits. Concerns remain over a further slowdown in EV demand due to U.S. tariff policies and the termination of the IRA 30D tax credit, Panasonic said in a presentation slide, but noted that demand for energy storage systems for data centres is "growing more than anticipated". For the full-year ending in March 2026, the company maintained its operating profit forecast for the energy unit of 167 billion yen...

Samsung's foundry business gains momentum despite market skepticism. Coupled with a historically cheap book valuation, SSNLF setup looks compelling. See more...