STMicroelectronics is expecting lower sales this quarter as demand for legacy semiconductors found in cars, industrial equipment and other devices remains weak.The European chip maker—which counts Apple,
Soon you'll be able to go hands off the wheel, eyes off the road while chatting with your Rivian. A look at how the EV maker plans to rival Tesla with AI and autonomy.
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s record $14.1 billion profit, though its full-year revenue rose $97.7 billion, a 1% improvement from 2023’s record.
Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up that usually spells high expectations for upcoming results. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
Our collective eyebrows raised when Elon Musk said self-driving vehicles were coming to Austin this week. Yes, really. Here is senior reporter Sean O’Kane’s article detailing Musk’s claims, which he made during Tesla’s Q4 earnings call.
Tesla reports fourth-quarter earnings on Wednesday afternoon. Investors will be listening for the company's sales outlook and its plans for a cheaper EV.
During a call with investors and analysts on Wednesday, Tesla CEO Elon Musk said the company is on course to reap immense gains in the coming years due to its development of auton
The bigger news, though, is what Tesla has planned for 2025. In the first half of the year, it’s set to launch “more affordable” models. Precise details about these models haven’t been confirmed, although Tesla has been talking about them for quite some time.