Tag TSLA

Tesla (TSLA) CEO Elon Musk spoke at the 27th Annual Milken Conference about a wide range of topics, except the company's recent layoffs and robotaxi plans. Yahoo Finance Reporter Yasmin Khorram joins The Morning Brief from the Annual Milken Global Institute Conference to break down the top takeaways from Musk's comments. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino...

Futures tracking U.S. stock indexes were largely muted after Walt Disney slipped following second-quarter results, while expectations of the Federal Reserve's interest rate cuts this year lent support to the market. Walt Disney fell 6.2% in premarket trading, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office. "Going forward, we expect the market to turn its focus more on earnings as the volatility around interest rate expectations subsides."...

US Regulator Seeks More Data in Tesla Autopilot Probe...

Social Buzz: Wallstreetbets Stocks Mostly Lower Pre-Bell Tuesday; Palantir to Decline, Hims & Hers Health to Advance...

Electric-vehicle start-up Lucid reports weak first-quarter results. Tesla shares follow Lucid shares lower...

Federal highway safety investigators want Tesla to tell them how and why it developed the fix in a recall of more than 2 million vehicles equipped with the company's Autopilot partially automated driving system. Investigators with the U.S. National Highway Traffic Safety Administration have concerns about whether the recall remedy worked because Tesla has reported 20 crashes since the remedy was sent out as an online software update in December. The recall fix also was to address whether Autopilot should be allowed to operate on roads other than limited access highways...

U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, China Passenger Car Association (CPCA) data showed on Tuesday. Tesla's China-made cars are also exported to various markets including Europe and the CPCA didn't provide a breakdown of Tesla exports by destination. China's new-energy vehicle sales including battery-powered EVs and plug-in hybrids were estimated to hit 800,000 units in April, up 33% on the year and a 2% drop from the month before, according to CPCA data...

U.S. auto safety investigators are seeking detailed answers and documents from Tesla in a probe into the automaker's December recall of more than 2 million vehicles to install new Autopilot safeguards. The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating after receiving reports of 20 crashes involving vehicles that had the Autopilot software updates installed under Tesla's recall. Tesla said in December its largest-ever recall covering 2.03 million U.S. vehicles - or nearly all of its vehicles on U.S. roads - was to better ensure drivers pay attention when using its advanced driver assistance system...

Futures tracking the S&P 500 and Dow edged higher on Tuesday, ahead of quarterly results from Walt Disney, while expectations of the Federal Reserve's interest rate cuts this year helped support market sentiments. The three main U.S. stock indexes closed at their strongest level in more than three weeks on Monday, after a weaker-than-expected labor market report last week fueled bets that the U.S. central bank will ease monetary policy later this year...

Central to the investment thesis in Tesla now is successful execution of full self-driving, or FSD, rollout. Find out why I remain bullish on TSLA stock...