The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year...
Continue ReadingDefendants who lose at trial can’t just “hit reset” with a new stockholder vote, the chancellor concluded...
Continue ReadingTesla (TSLA) closed at $351.42 in the latest trading session, marking a -1.59% move from the prior day...
Continue ReadingAfter an underwhelming year, Tesla (NASDAQ: TSLA) stock soared last month, boosted by hopes that Trump's victory would help the electric vehicle (EV) maker, as CEO Elon Musk has made himself a close ally to president-elect Trump, spending heavily to aid his campaign before the election. As a result, the stock soared after the election, and it continued to climb as investors seemed to bet that regulations under the Trump administration would be favorable to Tesla. It's understandable that Tesla rose on Trump's victory as Musk was one of his most visible and vocal supporters, essentially going all-in on the former president...
Continue ReadingSuper Micro stock trades lower after Monday’s sharp gains, Tesla falls after a judge again rejects CEO Elon Musk’s pay package, and Donald Trump pledges to block Nippon Steel’s acquisition of U.S. Steel...
Continue ReadingTesla shipments from its plant in Shanghai fell year over year in November, making it a little harder for the company to hit its full-year sales goals...
Continue ReadingFor a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. On Monday, Chancellor Kathaleen St. Jude McCormick turned aside a request from Musk's lawyers to reverse a ruling she announced in January that had thrown out the compensation plan. The judge ruled then that Musk effectively controlled Tesla's board and had engineered the outsize pay package during sham negotiations...
Continue ReadingMomentum investing is all about riding bullish trends where buyers are in control. And that's precisely what we've seen with Tesla, SoFi, and Palantir as of late...
Continue ReadingLawyers for plantiff Richard Tornetta only got a fraction of what they asked for in the Musk pay drama...
Continue ReadingTesla (TSLA) workers have begun a three-day furlough, signaling a demand slowdown for its Cybertruck. Yahoo Finance Autos Reporter Pras Subramanian joins Market Domination Hosts Julie Hyman and Josh Lipton to outline the news and what it signals about Tesla's Cybertruck supply. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan...
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