Tesla Financial News

Investing.com — U.S. futures fell Monday, pressured by rising bond yields ahead of quarterly earnings from a number of tech giants this week.

Elon Musk has offered to donate $1 billion to Wikipedia, but with an unusual condition. Musk jokingly suggested that the renowned online encyclopedia consider changing its name to «Dickipedia» in exchange for his generous contribution.

Elon Musk, the man behind SpaceX and Tesla, has offered a staggering $1 billion to Wikipedia, the popular online encyclopedia. However, this generous donation comes with an unusual condition – Wikipedia must change its name to 'Dickipedia' for a minimum period of one year. Musk, known for his playful demeanour, defended this proposition as being «in the interests of accuracy.» The proposal, made on Musk's social media platform X (formerly Twitter), sparked a flurry of reactions from users worldwide.

Foxconn Technology Group, Apple Inc.’s most important partner and one of the largest employers in China. Over the weekend, state media said that regulators are conducting tax audits and reviewing land use by Foxconn, the Taiwanese company that makes the vast majority of iPhones at factories in China. Hon Hai Precision Industry Co., Foxconn’s public arm, said it will collaborate with authorities. Meanwhile, an executive and two former employees of WPP Plc, one of the world’s biggest advertising companies, have been arrested in China, people familiar with the matter said.

By Louis Juricic and Sarina Isaacs

road projects on the build-operate-transfer (BOT) model by March 2024, giving a renewed push to the public-private partnership in road construction, road transport and highways minister Nitin Gadkari has said. This shift from the existing emphasis on engineering, procurement, and contract (EPC) model will drive private players to build better quality roads because they have to maintain them for 15 years, Gadkari told Yogima Seth Sharma, Deepshikha Sikarwar and Vinay Pandey in an interview. Edited excerpts: How has the highways sector performed in the current fiscal? Our budgetary allocation for current fiscal is ₹2.7 lakh crore and we expect to use all of it.

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla to exercise caution, see big share drop; OSHA proposes fines on GM battery plant.

Investing.com — The risk-off mood dominating markets looks likely to continue in the coming week, while four out of seven megacap companies are due to report earnings. U.S. data will give markets another update on the strength of the economy. Oil prices look set to remain choppy and the European Central Bank will announce its latest rate decision. Here’s what you need to know to start your week.

Jeff Bezos, the founder of Amazon, briefly stepped into the role of a product reviewer on his e-commerce platform. During this time, the tech magnate shared his thoughts on six different products.

electric cars that are anticipated to launch in 2024, including the highly-anticipated all-electric G-Wagon off-roader.

Elon Musk’s fortune slumped by $16.1 billion Thursday after Tesla Inc.’s weak third-quarter earnings weighed on shares.

Yesterday was one of those days when Jay Powell should have passed on its latest interview session. The message was vague, and he didn’t seem to have many answers at times.

Cybertruck is anticipated to come in three versions. These will include a single-motor, rear-wheel drive variant as the most budget-friendly option, a dual-motor version featuring all-wheel drive, and a top-tier tri-motor version, which will be the most powerful choice. According to Tesla, the Cybertruck boasts a cargo bed capable of accommodating up to 1,580 kg, and the bed measures 3.2 meters in length for reference.

U.S. stocks ended lower on Thursday, with shares of Tesla down sharply and Treasury yields surging after Federal Reserve Chair Jerome Powell spoke about monetary policy and investors worried whether rates would stay higher for longer. Tesla shares dropped a day after the carmaker missed Wall Street expectations on third-quarter gross margin, profit and revenue, and its CEO Elon Musk said he was concerned about high interest rates affecting demand. Treasury yields rose further and the benchmark 10-year note yield was at a 16-year high of almost 5%. «The 10-year looks like it's establishing a new higher trend, which… is putting pressure on equities, at least in the short term,» said Oliver Pursche, senior vice president, advisor for Wealthspire Advisors in Westport, Connecticut. «Markets were hoping that Jay Powell would indicate that the Fed is going to pause in its interest rate hikes, and he effectively hinted at the idea that they're going to have to raise again if they continue to have elevated concerns over inflation.» Powell said at the Economic Club in New York that U.S.

«Escalating situations in the Middle East would likely keep market sentiments subdued. Thus, we advise investors to stay cautious in the near term,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 45 points, or 0.23 per cent, at 19510, signaling that Dalal Street was headed for negative start on Friday.

Gerber Kawasaki CEO Ross Gerber has the latest on the company's earnings on The Claman Countdown.

Back in 2001, seven years before Tesla introduced its electric-powered Roadster and a dozen years before the more affordable Chevrolet Spark EV went on sale, lawmakers in Oregon recognized that the adoption of EVs and hybrids would eventually mean less revenue from the state’s gas tax, which would mean less money to pay for roads and bridges. So they formed a committee to study the problem. After considering a tire tax, a battery tax and numerous other options, the committee concluded that Oregonians should be charged based on how many miles they drive.

The Dow Jones Industrial Average rose 4.44 points, or 0.01%, at the open to 33,669.52. The S&P 500 opened higher by 6.76 points, or 0.16%, at 4,321.36, while the Nasdaq Composite gained 40.50 points, or 0.30%, to 13,354.80 at the opening bell.

By Joseph White

By Aditya Soni and Akash Sriram