Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.5%, as four out of every five stocks in the index climbed.
China’s biggest EV maker, BYD, built more electric cars than Tesla in 2024, signaling a global shift toward cheaper electric cars.
A U.K. group called Everyone Hates Elon is branding hundreds of Tesla vehicles in London with stickers saying "don't buy swasticars," according to a Novara Media Instagram post. Newsweek has reached out to a Tesla via email, and to Everyone Hates Elon via social media for comment.
Elon Musk is mulling legal action against “creepy” Minnesota Gov. Tim Walz for suggesting he performed the Nazi salute during his speech after Trump’s inauguration.
Tesla is set to report earnings Wednesday for the first time since President Donald Trump -- a close ally of CEO Elon Musk -- returned to the White House.
On Wall Street, Tesla drove 2.9% higher even though Elon Musk’s electric-vehicle company reported a weaker profit for the latest quarter than analysts expected. Mr Musk asserted Tesla will offer unsupervised “full self-driving” technology to its customers as a paid service starting in Austin in June.
Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025. "With the advancements in vehicle autonomy and the introduction of new products,
Tesla can then sell those credits to other automakers who need to comply with climate-related regulations established in Washington, Sacramento and Brussels. “They’re pure profit” for Musk ...
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s most influential companies
Federal agencies have offered exits to millions of employees and tested the prowess of engineers — just like when Elon Musk bought Twitter. The similarities have been uncanny.
The value of Tesla's brand dropped in 2024 for a second straight year, according to research and consulting firm Brand Finance. Tesla's brand value now stands at around $43 billion, down from $58. ...