Tesla Financial News

29.09 / 11:01

COST Ford Compilation Tesla Sony reports fall Tesla's deliveries expected to fall on plant shutdowns, soft demand

By Aditya Soni

29.09 / 03:23

COST Tesla WhatsApp Nike reports Nike reports Q1 profit of $1.45 billion, beats estimates

Also Read: US agency files lawsuit against Tesla over alleged harassment of Black factory workers The sportswear maker also forecast a 100 basis point increase in second-quarter gross margins, following six consecutive quarters of declines, on the back of fewer planned markdowns and lower freight costs. The company maintained its annual forecasts and said it expected second-quarter revenue to be up slightly. Analysts had expected a 2.1% rise to $13.59 billion, according to LSEG data.

29.09 / 02:27

Reuters Action Racing Tesla awards reports Department Agency US agency files lawsuit against Tesla over alleged harassment of Black factory workers

Tesla Inc. The lawsuit alleges that Tesla has allowed the persistent harassment of Black employees at its main assembly plant in Fremont, California. These allegations closely resemble cases brought forward by both the state and Tesla's own employees.

28.09 / 14:33

COST Provident Enterprise Tesla Toyota reports How Much Is Tesla Worth? You Decide

One thing Tesla’s lovers and haters might agree on is that its valuation doesn’t have much to do with making cars. What the electric-vehicle pioneer is worth is one of the hottest questions in the stock market. We know this because the daily trading volume in its shares exceeds that of any other U.S.

28.09 / 12:17

UPS CEO Platform Tesla innovations reports Exclusive-China's Nio explores investment, tech alliances with Mercedes - sources

SHANGHAI (Reuters) — Nio (NYSE:NIO) has held exploratory talks with Mercedes-Benz (OTC:MBGAF) for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said.

28.09 / 03:03

UPS Tesla Toyota WhatsApp reports Tesla's rival Vietnamese EV maker plans billion dollars investment in India: Report

(Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) If VinFast Auto goes ahead with its investment plan then it would be the first-ever Vietnamese automaker to set up its market in India. Last month, VinFast Auto became the world's third-largest automaker by market capitalisation behind Tesla and Toyota.

27.09 / 07:09

Provident Manufacturing Strategy Tesla Bill innovations place The Biden administration embraces place-based industrial policy

dirigiste industrial policy. So far Congress has authorised at least $80bn in place-based spending (according to the Brookings Institution, a think-tank), disbursed through a range of competitive grants. The biggest-ticket items include funding authorised in the CHIPS Act, passed last year to spur American semiconductor manufacturing.

27.09 / 05:47

Provident Waters Tesla track social reports Fire at Genex Power battery project in Qld a ‘rare occurrence’

Genex Power chief executive Craig Francis said the company was still on track to commission its 50-megawatt Bouldercombe battery project in Central Queensland next month, despite one of its Tesla Megapacks catching fire on Tuesday night.

27.09 / 02:51

MET Ford CEO Tesla WhatsApp elon Elon Musk: Traditional automakers like General Motors and Ford could go ‘bankrupt’ if…

Elon Musk has cautioned that if the United Auto Workers (UAW) union's demands for higher wages are met, traditional automakers like General Motors, Ford, and Stellantis could “drive GM, Ford and Chrysler bankrupt in the fast lane". The warning from the Tesla CEO comes amid a UAW strike against Detroit's Big Three automakers—GM, Ford, and Stellantis NV, the producers of Jeep, Chrysler, and Dodge vehicles. Patrick Kaser, a portfolio manager for Brandywine Global, also expressed similar concerns last week, suggesting that these companies could suffer significant competitive setbacks.

27.09 / 01:51

COST Manufacturing Tesla reports Tesla Shanghai plant produces Model Y vehicles with cost-cutting methods - report

(Corrects to clarify method is not new and report was only referring to rear production)

26.09 / 15:57

UPS Waves Manufacturing Tesla WhatsApp NVIDIA Nvidia stock up over 196% in 6 months as tech stocks rally on AI wave, recoup losses in 2023

breached $1 trillion in market capitalization, making it the first US chipmaker to join the trillion-dollar club. The chip manufacturer stunned investors by reporting a quarterly profit of more than $2 billion and revenue of $7 billion in May 2023, both exceeding Wall Street expectations. Nvidia is possibly most widely known for its GeForce range of PC components, such as graphics cards and drivers, and the GeForce NOW cloud gaming service.

26.09 / 15:09

UPS Tesla TSLA country reports Tesla is subject to EU Chinese anti-subsidy probe

The Financial Times reports Tuesday morning that Tesla (NASDAQ:TSLA), along with other European carmakers exporting from China, will be part of a probe by the EU into whether the country's electric vehicles industry is receiving unfair subsidies.

26.09 / 13:35

Manufacturing Fallout HSBC Tesla social reports fall Tesla, United Natural Foods, Snap fall premarket; Fisker, DraftKings rise

Investing.com — U.S. futures fell Tuesday, with investors dealing with the fallout from the Federal Reserve's hawkish policy update last week as well as a potential government shutdown.

26.09 / 12:49

UPS JPMorgan Tesla reports Stocks making the biggest moves premarket: Fisker, Tesla, United Natural Foods and more

Check out the companies making headlines before the bell.

26.09 / 11:57

Manufacturing Tesla reports Tesla facing EU anti-subsidy probe over China exports; shares dip

Tesla (NASDAQ:TSLA) and other European car manufacturers that export vehicles from China to the European Union (EU) will be included in the EU's investigation into whether China's electric vehicle industry is benefiting from unfair subsidies, according to the Financial Times.

26.09 / 11:15

CEO Strategy Tesla show country 2020 Ford Tried to Sell the Electric Mustang to China the Tesla Way—It Didn’t Work

After years of sales troubles in China, Ford Motor saw a chance to ride the tide of electrification to arrest its demise. From around 2020, the automaker followed Tesla’s formula of bypassing dealers to sell its cars directly to consumers. It introduced the Mustang Mach-E—an electric SUV with the iconic galloping horse logo, which Ford’s executives saw as a strong competitor to Tesla’s EVs.

26.09 / 11:15

COST UPS Citi Manufacturing economy Tesla Intel Intel’s Big Chip-Making Push in Germany Hits Bottleneck

MAGDEBURG, Germany—Intel says it needs 3,000 people to staff the semiconductor factory it plans to build in eastern Germany by the end of the decade. This year, the local apprentice program for chip-making technicians is training two. The German government trumpeted Intel’s planned development as a game changer, backed by federal subsidies totaling 10 billion euros—equivalent to $10.59 billion—that would help the economy pivot toward new industry.

26.09 / 10:55

Provident Manufacturing Software Tesla BMW President 2020 Tesla’s China exports in crosshairs of EU anti-subsidy probe

China: Tesla Inc. During the evidence-gathering that precipitated this month’s surprise announcement of an EU anti-subsidy probe into Chinese EVs, the US carmaker was among the companies found to have likely benefited, according to people familiar with the matter. Tesla shares fell 1.6% in premarket trading at 5:58 a.m.

26.09 / 06:14

Manufacturing HSBC Tesla Moodys President track reports EU trade chief says the outcome of China EV probe cannot be prejudged

BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the probe's outcome, the head of trade for the European bloc's executive branch said Tuesday.

25.09 / 16:05

UPS Target Manufacturing Pool Boeing Tesla gatherings Pentagon Plan to Buy Thousands of Drones Faces Looming Snags

The Pentagon wants to acquire thousands of drones over the next two years that can fly to their targets, confuse radar, overwhelm enemy defenses, fire missiles and gather intelligence. But making the uncrewed aircraft quickly and cheaply is another matter. Mass production of large and small drones is crucial to the Pentagon’s plan to build big stocks of weapons and ammunition to deter China, which the Defense Department describes as the U.S.’s prime strategic competitor.

25.09 / 12:13

UPS Manufacturing CEO Tesla WSJ reports week Tesla's Saudi Arabia expansion rumors dispelled by Musk: This week in EVs

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Elon Musk claims WSJ report ‘utterly false’; VinFast posts impressive results; and EVs are taking over EU.

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