President Trump said he wouldn't destroy Elon Musk's companies, such as Tesla and SpaceX, by stripping them of government funding. "Everyone is stating that I will destroy Elon’s companies by taking away some, if not all, of the large scale subsidies he receives from the U...
Continue ReadingTesla reported second-quarter earnings late Wednesday and CEO Elon Musk sounded bullish on robotaxis...
Continue Reading(Bloomberg) -- Elon Musk warned of difficult times ahead for Tesla Inc. following one of the carmaker’s worst stretches since it first started producing electric sedans over a dozen years ago.Most Read from BloombergTrump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in USWhy the Federal Reserve’s Building Renovation Costs $2.5 BillionThe High Costs of Trump’s ‘Big Beautiful’ New Car Loan DeductionSalt Lake City Turns Winter Olympic Bid Into Statewide Bond BoomTesla w...
Continue ReadingHopes for a US-EU trade deal kept fresh records in sight as Wall Street assessed earnings from Alphabet and Tesla...
Continue Reading↘️ Tesla (TSLA): The EV maker reported a 16% drop in quarterly net income and said car sales continued to fall. Shares fell 9% in Thursday morning trading. ↗️ Alphabet (GOOGL): The Google and YouTube parent reported a jump in revenue driven by cloud growth and hiked its annual capital-expenditure forecast...
Continue ReadingThe stock market’s march higher hit a roadblock on Thursday with Alphabet and Tesla moving in different directions to kick off Magnificent 7 earnings season. The Dow was down 303 points, or 0.7%. The Nasdaq Composite was up 0.3%...
Continue ReadingTesla reported a slight earnings and revenue miss in the second quarter, but said its 'more affordable' model was still slated for production in the second half of 2025...
Continue ReadingInvesting.com -- Tesla’s second-quarter results delivered a mix of optimism around long-term AI initiatives and caution over near-term challenges, with Wall Street analysts offering a range of reactions...
Continue ReadingTesla late Wednesday reported second-quarter earnings falling 23% with sales also dropping. On the conference call, CEO Elon Musk sounded a bullish tone on the EV giant's robotaxi plans and Optimus robot. Tesla Q2 EPS fell 23% to 40 cents while revenue declined 12% to $22.49 billion...
Continue ReadingGlobal equities collectively rose during 2025âs second quarter (2Q25) after bouncing back from their April lows. Read more here...
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