Tag TSLA

(Bloomberg) -- Elon Musk must submit to further questioning in the US Securities and Exchange Commission’s investigation of his 2022 Twitter Inc. acquisition, a federal judge ruled.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsFlood of China Used Cooking Oil Spurs Call to Hike US LeviesHow One of the World's Oldest Hedge Funds Went BankruptMacron Puts French Banks in Play With Plan to Transform E...

Tesla Inc. (NASDAQ:TSLA) is embroiled in legal trouble. An environmental nonprofit accuses the electric car giant, led by Elon Musk, of repeatedly breaching the federal Clean Air Act. The lawsuit, filed by the Environmental Democracy Project, alleges that Tesla's Fremont, California, plant has been emitting harmful pollutants, including nitrogen oxides and arsenic, since January 2021, endangering nearby residents and workers. According to a report from Reuters, the Environmental Democracy Projec...

Tesla, Inc. (NASDAQ:TSLA) shares are trading higher on Tuesday. The EV behemoth, owned by billionaire Elon Musk, reportedly faces escalated tensions as Sweden’s most prominent union backs a six-month-old strike by mechanics, amplifying disputes with organized labor, Reuters reported. The strike centers on Musk’s refusal to sign a collective bargaining agreement, preventing the metal workers’ union from negotiating for the entire workforce. Despite Musk’s claim that the labor conflict had subside...

The existing 25% tariff on vehicles from China has effectively closed the border already. Raising it to 100% doesn’t make much difference...

Tesla (TSLA) is rehiring back some of its Supercharger team which were laid off last month, according to Bloomberg. This comes after CEO Elon Musk posted on X (formerly Twitter) that the EV maker was all in on expanding its Supercharger network with an investment of over $500 million in spite of headcount reductions and recent executive departures. ROTH Capital Senior Research Analyst Craig Irwin sits down with Catalysts to talk about Tesla's Supercharger road map and which areas the auto company should be prioritizing. They got to show they can they can get growth going again right? When you decline 7 or 8% you've got to actually show that you can get to positive growth again. That's not particularly easy. They're going to have to cut price, they're going to have to be aggressive," Irwin states. "And they're going to have to lay out a path to the mini car, the cyber taxi, robotaxi, whatever it's going to be. Where's the growth going to come from? they've got a lot of work to do with investors." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan...

Q1 2024 TMC the metals company Inc Earnings Call...

It is a surprising turn of events...

Tesla should be impacted the least by the Biden Administration’s increased tariffs on Chinese-made electric vehicles—so long as they don’t spark a backlash among Chinese officials. President Biden has proposed quadrupling import tariffs on Chinese cars to about 100% from the current 25%. There are no Chinese-branded passenger cars on sale in the U.S...

Tesla (TSLA) appears to be backtracking on its recent workforce reduction strategy, as Bloomberg reported the electric vehicle giant is rehiring some of its Supercharger team. This move comes just a month after CEO Elon Musk laid off nearly all of its employees on the Supercharger network team. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith...

Sweden's biggest union on Tuesday threw its weight behind a six-month-old strike by mechanics at Tesla, escalating the U.S. carmaker's latest dispute with organised labour. At the heart of the strike is Tesla CEO Elon Musk's refusal to sign a collective bargaining agreement allowing the metal workers' union to negotiate deals for the workforce as a whole...