Tag TSLA

The Milken Institute Global Conference is underway in Los Angeles, California. The institute’s Chairman, Michael Milken, sat down with Tesla (TSLA) and SpaceX CEO Elon Musk to discuss space, artificial intelligence, population growth, and what keeps him up at night. Space (00:00:05) Musk explains that he wants “to be a multi-planet civilization so that we have planetary redundancy, such that no single event can… be the end of our civilization.” AI (00:00:21) “It’s very important to have a maximum truth-seeking AI… and a maximumly curious AI,” Musk notes. While “biological intelligence can serve as a… backstop, as a… buffer of intelligence… almost all intelligence will be digital.” Population Growth (00:00:52) “The more prosperous a civilization and the more a civilization feels that it does need to defend against external threats, the lower the birth rate,” Musk discusses. “You should really think of human civilization as being like a tiny candle in a vast darkness, and we should do everything possible to ensure that… candle does not go out.” For more expert insight and the latest market action, click here...

U.S. stock indexes rose on Tuesday, on track for a fourth straight positive session fueled by renewed expectations that the Federal Reserve will cut interest rates this year, despite declines in Walt Disney shares weighing on overall market gains. Walt Disney fell 9.8%, on track for its biggest percentage fall since November 2022, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office. Despite Disney's drag, the three main U.S. stock indexes were trading at a more than three week high after a weaker-than-expected labor market report last week fueled bets that the U.S. central bank will cut rates...

Tesla stock was falling Tuesday as Chinese sales numbers—and results from electric-vehicle start-up Lucid —weighed on investor sentiment. In December, Tesla recalled some 2 million vehicles to update warnings to its driver-assistance systems and prevent misuse by drivers. The National Highway Traffic Safety Administration, or NHTSA, recently opened an investigation into that recall to ensure the fixes were working...

Today's Research Daily features the Q1 earnings season scorecard and updated analyst reports on Tesla (TSLA), JNJ (JNJ), Netflix (NFLX) and others...

U.S. stock indexes rose on Tuesday, extending their recent run on expectations that the Federal Reserve will cut interest rates this year, while a drop in Walt Disney shares following quarterly results limited overall market gains. Walt Disney fell 9.7%, on track for its biggest percentage fall since November 2022, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office...

Top Midday Stories: Disney Projects 'Softer' Q3 DTC Outlook; UBS Q1 EPS, Revenue Rise; Peloton Drawing Private-Equity Interest; US Regulators Probe Deeper Into Tesla Autopilot...

Tesla will shut down production in its German plant in Gruenheide for four days due to protests against its expansion plans, German newspaper Handelsblatt reported on Tuesday. The electric car manufacturer is sending all employees to work from home on Friday, according to an email seen by Handelsblatt that was sent to employees on Monday. Production will end with the late shift on Wednesday and begin again with the night shift on Sunday, Handelsblatt said...

Tom Zhu, one of the three executives named on Tesla’s website, is returning to China as the carmaker seeks to launch Autopilot features there...

Moving even further down the market won't end well for Tesla...