Tesla Financial News

23.04 / 09:59

markets UPS Tesla Nikkei track country reports Asian stocks Stock market today: Asian stocks track Wall Street gains ahead of earnings reports

Asian benchmarks extend gains after U.S. stocks claw back some of their losses from last week

23.04 / 09:49

markets Google Platform Tesla NVIDIA Meta Platforms reports rights 'Magnificent 7' earnings under watch amid tech slump

earnings arrive next week, right in time for investors looking for an artificial intelligence-powered rebound in the slumping S&P 500 Index, which just suffered through its worst week in over a year. Microsoft, Meta Platforms, Google parent Alphabet and Tesla, all of which are among the so-called 'Magnificent Seven' group of tech giants, will report next week. Technology stocks are selling off, with the Nasdaq 100 Index registering its biggest weekly drop since November 2022 in the midst of a four-week losing streak, its longest since December 2022. Even AI darling Nvidia Corp is getting hit, plunging 10% on Friday and wiping out $212 billion in market value for its worst day since the Covid pandemic in March 2020.

23.04 / 08:29

UPS Citi Manufacturing CEO Tesla International Dhruva Space bags $9 million from IAN Alpha Fund, others

Spacetech startup Dhruva Space has raised $9.4 million (Rs 78 crore) in a mix of equity and debt from IAN Alpha Fund, Technology Development Board and other existing investors in its latest funding round. The capital infusion, of which Rs 44 crore was in debt, will help the Hyderabad-based startup set up its first phase of its 2.8 lakh sq ft spacecraft manufacturing facility in the city, founder and CEO Sanjay Nekkanti told ET.

23.04 / 08:20

COST Google Platform Tesla track reports The pressure’s on for big tech firms, says BofA

The stakes are high for America’s technology behemoths to start delivering on artificial intelligence promises with their earnings poised to decelerate, according to Bank of America Corp. strategists.

23.04 / 08:00

UPS Software Tesla Trade Zions reports Vista Outdoor, Salesforce rise; Tesla, Cardinal Health fall, Monday, 4/22/2024

Stocks that traded heavily or had substantial price changes on Monday:

23.04 / 07:58

FIVE CEO Tesla 2020 Tesla cuts the price of its "Full Self Driving" system by a third to $8,000

That's the latest evidence of the challenges facing the electric vehicle maker.

23.04 / 06:17

UPS JPMorgan Strategy Tesla reports Courts Tesla's Tumultuous Path: Elon Musk to address investor concerns in pivotal earnings report

Tesla and Musk, constituting "one of the most important moments in the company's history in our view," said a note from Wedbush. Heading into 2024, Tesla watchers were already girding for a tougher path, with Musk's once-dominant leadership in EVs facing more competition from rivals, resulting in a series of price cuts. After disclosing on April 2 a disappointing 8.5 percent drop in first-quarter deliveries, Tesla last week announced plans to lay off more than 10 percent of its staff.

22.04 / 06:58

markets Provident Manufacturing CEO Tesla country reports Tesla cuts prices in China, Germany and other key markets amid sales slump

Tesla has announced significant price cuts for its electric vehicles (EVs) in key markets, including China and Germany, as it grapples with declining sales and heightened competition. This move follows price reductions in the United States and comes on the heels of the company reporting a drop in global vehicle deliveries for the first time in almost four years. Price Adjustments to Boost Sales The price cuts aim to stimulate demand and regain market share in the face of increasing competition, particularly from more affordable Chinese EV manufacturers. Tesla has been facing challenges in maintaining sales momentum, and these price reductions are seen as a strategic response to current market dynamics.

22.04 / 00:18

Platform Tesla Election country reports News Wrap: Lok Sabha Polls begin, IMD heatwave warnings, Israel-Iran tensions, Elon Musk's visit to India and more

News Wrap this Week: As we wrap up this week, a look at the top news headlines from from April 15 to April 21. India saw its first phase of voting for the mammoth Lok Sabha Elections 2024 on Friday, April 19. While a few areas in West Bengal and Manipur saw violence and exchange of gunfire, the first phase of polling was "largely peaceful across 21 States/UTs", the Elections Commission of India (ECI) said.

21.04 / 20:29

markets Platform Tesla PepsiCo Meta Platforms reports Wall Street week ahead: Focus on US GDP data, earnings from Microsoft, Alphabet, Meta Platforms, Tesla

ALSO READ: ‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets Wrap April 25 (Thursday) will see the release of the US GDP (gross domestic product) data for the first quarter. On April 26 (Friday), data on PCE index will be unveiled. Following companies are due to report quarterly earnings in the week ahead— Verizon, Truist, Albertsons Companies, Visa, Tesla, PepsiCo, Texas Instruments, Philip Morris International, UPS, Lockheed Martin, Mattel, General Motors, Meta Platforms, IBM, AT&T, Boeing, Chipotle, General Dynamics, Hilton Worldwide, Ford Motor, Microsoft, Alphabet, Merck, Caterpillar, Comcast, Intel, Altria Group, TotalEnergies, Exxon Mobil, AbbVie, Chevron, and Colgate-Palmolive.

21.04 / 09:53

UPS Manufacturing Tesla Election Inside electronic Best of the Week | Why I have been carrying my voter ID everywhere

explains what a geopolitically unstable Arab world could mean for India’s oil imports, and subsequently the economy. Tata Consultancy Services, one of the biggest employers in the private sector, saw a major deduction in its workforce during FY24. The Tata Group-owned company's employee count decreased by 13,249 from the previous year to 601,546.

21.04 / 09:50

Google Apple Tesla WhatsApp country information reports Weekly Tech Recap: Elon Musk postpones India visit, YouTube tightens its grip on ad-blockers and more

Weekly Tech Recap: A lot of events shook up the world of technology this week from Elon Musk cancelling his high-voltage visit to India to Google tightening its stance on ad-blockers and Apple removing WhatsApp and Threads from its App Store in China. Here's a roundup of all the latest happenings in the world of technology this week.

21.04 / 07:33

Extreme Tesla Election Updates Headlines Top news of April 20: HDFC Bank's Q4 results, Elon Musk's India visit update, Iran-Israel tensions and more

Top news of April 20: Elon Musk's planned visit to India and the intense politics around it amid Lok Sabha elections 2024, the optimistic quarterly results for HDFC Bank and US sanctions on Pakistan's missile program were some of the top news that grabbed headlines on Saturday. At a time when India is in the midst of Lok Sabha election and extreme tensions are going on in one part of the world, no one can afford to miss the the major headlines of the day. 1.

21.04 / 07:27

Twitter CEO Tesla show Courts OpenAI slams Elon Musk’s ‘revisionist history’ in bid to toss lawsuit

OpenAI’s early funders, sued the company and chief executive officer Sam Altman in March, saying it had breached its founding promise to build responsible artificial intelligence when it entered into a partnership with Microsoft Corp. “Years ago, plaintiff Elon Musk abandoned OpenAI when his bid to dominate the venture failed," OpenAI’s lawyers said in a court filing asking for the suit to be dismissed. “Now that he has launched a competing artificial intelligence company, Musk seeks to leverage the success OpenAI has achieved and to direct OpenAI’s affairs for his own commercial benefit." OpenAI’s lawyers also refute Musk’s claim that the company promised not to monetize its technology, saying the billionaire CEO of Tesla Inc.

21.04 / 06:57

COST Twitter FIVE Platform Tesla social reports Tesla cuts US prices for 3 of its electric vehicle models after a difficult week

Tesla knocked USD 2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla's most popular model and the top-selling electric vehicle in the US, and also of the Models X and S, its older and more expensive models. Prices for the Model 3 sedan and the Cybertruck stayed the same. The cuts reduced the starting price for a Model Y to USD 42,990 and to USD 72,990 for a Model S and USD 77,990 for a Model X.

21.04 / 04:10

markets Manufacturing security Tesla reports Elon Musk postpones India visit over 'very heavy Tesla obligations'

Also Read | Elon Musk may announce Tesla's entry in India after meet with PM Modi on April 22: Report Additionally, the Financial Times earlier this month reported that Elon Musk had sent a team to India in April to scout for sites for a proposed $2 billion to $3 billion electric car plant. Musk was reportedly poised to disclose plans for injecting nearly ₹3 billion into the Indian market, primarily earmarked for the establishment of a new manufacturing facility.

20.04 / 21:23

CEO Tesla Election WhatsApp country He too has read writing on wall: Congress on Elon Musk's India visit postponement

Congress on Saturday took a swipe at the Narendra Modi government over the postponement of Elon Musk's India visit, saying it was odd the Tesla CEO was coming to meet an outgoing prime minister and that he too has now read the «writing on the wall». Musk on Saturday said his proposed visit to India has been postponed due to «very heavy Tesla obligations». Congress General Secretary Jairam Ramesh said in a post on X, «It was odd that @elonmusk was coming all the way to India to meet an outgoing prime minister. He too has now read the writing on the wall and decided to put off his visit.» Ramesh said an INDIA bloc prime minister will welcome Musk soon.

20.04 / 16:01

Software Tesla Schools Elon Musk says Tesla's full self-driving may enter China very soon

Elon Musk on Saturday said the electric-vehicle (EV) maker may make Full Self-Driving (FSD) available to customers in China very soon. Musk said «It may be possible very soon» while replying to an X post by a user asking when the EV maker would launch FSD in China.

20.04 / 13:59

UPS Reuters Tesla reports Who is Rohan Patel? Meet Tesla's VP who exits firm days before Elon Musk cancels Delhi trip

ALSO READ: Elon Musk puts off India visit to ‘later’, Internet says, ‘No rush! We'll hold off on chai-samosa plans’ As per a Reuters report of 2023, Patel was in New Delhi to meet officials from the Invest India agency to discuss Tesla's plan. He, along with other Tesla representatives were expected to meet commerce minister Piyush Goyal and were to discuss on setting up an EV supply chain and land allotment for a factory.

20.04 / 13:58

markets Manufacturing economy Tesla wellness reports Destinations Centre aims to make India attractive destination for manufacturing, services: Nirmala Sitharaman

Nirmala Sitharaman on Saturday said the Centre has tailored policies to make India an attractive destination for manufacturing and services, and the aim was to produce not just for the domestic market but for exports as well. She was responding to a query on American tech billionaire Elon Musk postponing his meeting with Prime Minister Narendra Modi. «Policies have been made to attract investments. We want manufacturers and investors to come and produce not just for India but also for exports. We will try to attract manufacturers and investors through policies,» she told reporters. Tesla CEO Musk on Saturday said his visit to India has been delayed due to the company's heavy obligations.

20.04 / 10:05

markets Manufacturing security Tesla Election SpaceX country Elon Musk’s India trip may see breakthroughs for Starlink, Tesla

Tesla Inc.’s largest-ever round of layoffs and hours before its quarterly earnings, Elon Musk will fly to India to squeeze in a meeting with Prime Minister Narendra Modi. It’s not an idle period for Modi either, who’s criss-crossing states for election rallies days after voting kicked off in the world’s biggest ballot where he’s seeking a third term.

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