Jeff Bezos reclaims world’s richest person crown from Elon Musk, American Airlines places big jet order in fleet overhaul, and other news to start your day...
Continue ReadingA letter claiming the suspected arson attack on Tesla's car factory outside Berlin in the name of a far-left militant group calling itself the "Volcano Group" surfaced on an alternative media website on Tuesday. "We sabotaged Tesla," read the letter, posted on website kontrapolis.info, describing the attack as a gift marking March 8 - International Women's Day. "Tesla consumes earth, resources, people, workers and in return spits out 6,000 SUVs, killer cars and monster trucks each week."...
Continue ReadingProduction at Tesla's electric vehicle plant near Berlin came to a standstill and workers were evacuated on Tuesday after a power outage that officials suspect was caused by arson. Elon Musk, who is Tesla's CEO, condemned the incident. The interior ministry in the state of Brandenburg, where the plant is located, said unidentified people are suspected of deliberately setting fire to a high-voltage transmission line on a power pylon...
Continue ReadingTesla is in talks with the Thai government to build a production facility in the country, the prime minister’s office told CNN on Tuesday...
Continue ReadingWith the bleak outlook for Automotive margins, there's little hope for Tesla stock to join this year's stock market rally. Learn why I rate TSLA stock a hold...
Continue ReadingDan Ives from Wedbush Securities and Keith Fitz-Gerald from Fitz-Gerald Group share their views on AI, Nvidia, cloud computing, how Big Tech can get bigger and why that's good for markets...
Continue ReadingBond yields and the reaction of the bond market to the NFP report will provide clarity on interest rate expectations. Check out my thoughts on Feb. jobs report...
Continue ReadingPhilip Morris' Zyn pouches hit with lawsuit. Elon Musk dethroned as world's richest person after Tesla slump. RealReal is up more than 80% since earnings last week as liquidity fears fade...
Continue ReadingShares of pure play electric vehicle makers slide, while a legacy automaker climbs...
Continue ReadingShares of Tesla (TSLA) fell on Monday as the EV maker's shipments fell in February as it announced price cuts in China. Shares of Ford (F) have risen as US sales for the company rose 10.5% year-over-year for the month of February. Yahoo Finance Reporter Pras Subramanian joins the Live show to discuss the the latest developments for these companies and what it could mean for them going forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...
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