Elon Musk testified in court on Friday in a trial that may decide whether a tweet he sent in 2018 cost Tesla investors millions of dollars. Tesla shareholders are suing the company to recoup losses they say they suffered amid Musk’s claim that he had “secured” money to take the […]
Tesla
Tesla (TSLA) dropped the bomb on the auto market with huge price cuts last week, and now Wall Street is catching up with post-game analysis, if you will. In a note called “Analyzing the impact of reduced Tesla vehicle prices,” Goldman Sachs analyst Mark Delaney takes a glass-half-empty, half-full approach. […]
U.S. stocks closed with losses Tuesday as last year’s selling pressures poured over into a busy first trading week of 2023. The S&P 500 (^GSPC) dropped 0.4%, while the technology-heavy Nasdaq Composite (^IXIC) fell 0.8%. The Dow Jones Industrial Average (^DJI) capped the session just below breakeven. Apple (AAPL) shares […]
U.S. stocks charged higher Thursday, led by a rebound across technology stocks, as investors attempted to salvage the last two trading days of a brutal year for markets. The S&P 500 (^GSPC) gained 1.7%, snapping two days of losses, while the Dow Jones Industrial Average (^DJI) jumped nearly 350 points, […]
There are more headaches for Tesla (TSLA) as the automaker revealed it is recalling 321,000 vehicles due to a safety issue. In a filing posted over the weekend on the National Highway Traffic Safety Administration (NHTSA) website, the automaker said some Tesla Model 3 sedans and Model Y SUVs had […]
Some Nigerians are bewildered on social media following the official Twitter handle of the Ministry of Finance and Budget begging for ventilators from industrial engineer, Elon Musk. On the last day of March, Elon Musk tweeted that “We have extra FDA-approved ventilators. Will ship to hospitals worldwide within Tesla delivery […]