Tesla Financial News
03.11 / 17:47
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How the UAW's drive to 'end tiers' will change GM
DETROIT (Reuters) — The United Auto Workers union's tentative contract deal with General Motors (NYSE:GM) contains significant steps toward one of UAW President Shawn Fain's top goals: Ending wage «tiers» that divided UAW-GM workers into upper and lower pay classes.
03.11 / 16:33
FIVE
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Wall St climbs as weak jobs data cements rate-pause bets
By Amruta Khandekar and Shristi Achar A
03.11 / 14:15
Citi
Manufacturing
Tesla
PepsiCo
Morgan Stanley calls Tesla Semi a 'threat' to OEMs worldwide
Morgan Stanley conducted a comparative analysis of the Tesla (NASDAQ:TSLA) Semi and existing heavy-duty BEV trucks. Analysts expect the Tesla Semi to offer a competitive payload, creating a highly efficient, long-range, fast-charging, software-driven Class 8 truck.
03.11 / 05:01
economy
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TikTok
gatherings
It’s US vs. China in an Increasingly Divided World Economy
TikTok and fast-fashion giant Shein are also building large businesses in the U.S., though they face political pressure that could constrain their growth. While U.S.
02.11 / 10:43
Apple
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Futures climb on bets of end to Fed's rate hikes
(Reuters) — Wall Street futures on Thursday got a boost from hopes that the Federal Reserve had reached the end of its tightening campaign, while a number of upbeat corporate forecasts also lifted sentiment.
02.11 / 09:05
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UK Prime Minister Rishi Sunak defends inviting Elon Musk to AI summit
Elon Musk. The founder of Tesla and SpaceX is expected to attend the entire summit before his discussion with Sunak, which is set to be live-streamed, to contemplate the advancements and dangers of AI technology. Sunak, in an interview with POLITICO, has defended his choice to involve Musk, given the latter's long-standing emphasis on the need for AI regulation.
01.11 / 16:12
Strategy
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A steep duty drop could rev up India’s EV market
Tata Motors has done well in. Last year, the electric four-wheeler market clocked 33,000 units in sales. This year, that number is expected to more than double, a pace of growth that promises to bring economies of scale within the reach of dominant EV sellers.
01.11 / 14:45
FIVE
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NVIDIA
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Wall St rises ahead of Fed policy decision
By Amruta Khandekar and Shashwat Chauhan
01.11 / 14:45
01.11 / 14:45
Reuters
Volkswagen
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Hyundai
Highways
Nov
Factbox-More automakers plug into Tesla's EV charging network
(Reuters) -More automakers signed up to access Tesla (NASDAQ:TSLA)'s electric-vehicle charging infrastructure across the United States, taking the Elon Musk-led company's superchargers closer to becoming the industry standard.
01.11 / 07:55
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Japanese automaker Toyota's profits zoom on cheap yen, strong global sales
Toyota’s profit in the latest quarter jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas earnings
01.11 / 07:55
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Auto strike settlements will raise costs for Detroit's Big 3. Will they be able to raise prices?
From generous pay and benefits to stronger job security, the United Auto Workers union won significant concessions in tentative settlements that have ended their strikes against Detroit’s automakers
01.11 / 03:53
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valuation
Tesla wipes $145 billion in valuation amid EV market concerns, dismal demand
Not just numbers', Elon Musk goes emotional on Tesla earnings call; Analysts call him ‘little baby’ The downward trend began earlier this month when Tesla revised down its growth expectations in its third-quarter earnings call. This move was followed by pessimistic comments from various global automakers and Wall Street analysts. Recently, battery-maker Panasonic Holdings Corp.
01.11 / 02:03
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Tesla effect: Lower EV import duties soon?
NEW DELHI : Foreign electric vehicle (EV) makers such as Tesla Inc. seeking an Indian foothold may have relief at hand, with the government considering lower import duties for EVs up to a certain price level, two people familiar with the discussions said. All completely built-up (CBUs) vehicles priced below $40,000 now face an import duty of 70%, and a new national EV policy may slash it to 15-30% for EVs priced up to $25,000-35,000, the people said on the condition of anonymity.
31.10 / 22:05
CEO
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track
Livent quarterly profit misses expectations on expansion woes; cuts annual forecast
(Reuters) -Lithium producer Livent (NYSE:LTHM) Corp posted a lower-than-expected quarterly profit on Tuesday and cut its annual revenue and earnings forecast, citing expansion delays in Argentina.
31.10 / 20:39
markets
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Bitcoin
Will weakness in Magnificent 7 stocks spread to Bitcoin price?
The mega-cap tech stocks, which saw a robust start in 2023, are now grappling with massive trillion-dollar losses, leaving their shareholders concerned. Wall Street's unease over surging bond yields and higher interest rates has cast a shadow on these companies. Traders are now pondering the potential impact on Bitcoin (BTC) if the S&P 500 downtrend continues.
31.10 / 19:21
31.10 / 18:13
Manufacturing
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BURST
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Tesla wins first US Autopilot trial involving fatal crash
By Dan Levine and Hyunjoo Jin
31.10 / 10:35
Caterpillar
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NVIDIA
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Futures mixed after previous session's rally, Fed meet in focus
(Reuters) — U.S. stock index futures were mixed on Tuesday in the run-up to the Federal Reserve's policy meeting that will shape expectations for its interest rate path, while investors also awaited a fresh batch of earnings reports.
31.10 / 10:35
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500
S&P 500 Sets Sights on 4200 as Volatility Eases: What to Expect Next
The S&P 500 finished higher, as rates rose modestly, and the dollar and the VIX fell. Today will be when the excitement starts, with the Bank of Japan policy decision keeping rates stable as expected, followed by a slew of economic data for the rest of the week and a Fed meeting and press conference on Wednesday.
30.10 / 21:05
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UAW announces deal with General Motors that tentatively ends strikes against Detroit automakers
The United Auto Workers union says it reached a tentative contract with General Motors, the last of the Detroit Three automakers to agree to a deal
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