Tesla Inc. stock jumped more than 10% on Friday following the US Transportation Department's announcement to relax certain regulations, enabling American car manufacturers to accelerate their autonomous vehicle deployment. The revised regulations permit exceptions from specific federal...
Tesla Inc. shares jumped nearly 7% on Wednesday after CEO Elon Musk said he would significantly reduce his involvement in the US Department of Government Efficiency (DOGE), reassuring investors of his continued focus on the electric vehicle maker.Musk, who also leads DOGE, stated that "his...
Tesla Inc. CEO and the head of United States Department of Government Efficiency (DOGE) Elon Musk said that "his time allocation" for the agency "will drop significantly."During Tesla's first quarter earnings call, Musk clarified that his involvement with DOGE will continue in order to ensure "that the...
Tesla Inc. unveiled on Tuesday that its revenue in the first quarter of its fiscal 2025 amounted to $19.34 billion, falling 9% year over year. The figure came in below analyst expectations.In the reported trimester, diluted earnings per share slumped 71% compared to the same timeframe in 2024, to...
Tesla Inc. has had a difficult first quarter. Vehicle deliveries slumped, tariffs imposed by the Trump administration threatened to increase the price of imported car parts, and the company's shares are down 40% this year. While those issues would be enough on their own, the automaker has also had...
Tesla Inc., SpaceX Corp., and X.AI Corp. (xAI) Chief Executive Officer (CEO) Elon Musk could indicate when he may leave the Department of Government Efficiency (DOGE) in an earnings call after the electric vehicle (EV) maker announces its latest quarterly results on Tuesday, Charles Gasparino of Fox...
The upcoming week will be packed with earnings, with some of the world's most prominent companies set to release their financial results for the first quarter of fiscal 2025.Google's parent company, Alphabet, will release its first-quarter earnings report on Thursday. Wall Street analysts estimate that...
The option to order Tesla Inc.'s Model X and Model S vehicles is no longer available on the company's Chinese website.
Tesla hasn't issued a statement regarding the apparent suspension as of yet.
Shares of Tesla Inc. continued their downward spiral to trade 10% below the line on Thursday amid heightened investor concerns, as trade tensions once again topped the agenda during a cabinet meeting held in the Oval Office.The White House clarified that tariffs on Chinese goods now total...
Tesla Inc. shares jumped 16% after United States President Donald Trump shook the markets again, delaying and lowering reciprocal tariffs he previously imposed on other countries for 90 days.The markets were quick to respond to Trump's announcement, with the Dow Jones skyrocketing...
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