The Federal Reserve is banning top officials from trading individual stocks, saying it’s to guard against conflicts of interest—after an ethics uproar. Wisconsin is looking to solve its labor shortage, with the state Senate approving a bill to extend work hours for teenagers. Tesla posts record revenue and profits. In what category did it do…
NTSB: Driver Was Behind Wheel at Time of Texas Tesla Crash
DETROIT—A driver was behind the wheel when a Tesla electric car crashed and burned last April near Houston, killing two men, neither of whom was found in the driver’s seat. The U.S. National Transportation Safety Board announced the findings in an investigative report update released Thursday on the April 17 crash on a residential road…
Futures Lower After Tesla, IBM Quarterly Results
October 21, 2021
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U.S. stock index futures edged lower on Thursday as IBM and Tesla fell after their quarterly results, with investors awaiting more reports to see the impact of supply chain disruption and labor shortages on companies. Tesla Inc. fell 1 percent in premarket trading as it said on Wednesday its upcoming factories and supply-chain headwinds would…
Tesla Hits Record Profit Despite Parts Shortage, Ship Delays
DETROIT—Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history. The company said Wednesday that it made $1.62 billion in the third quarter, beating the old record of $1.14 billion set in the second quarter of this year….
Nikola Shoots Up Nearly 5% As Judge Allows Its Patent Lawsuit Against Tesla To Continue
Shares of the pre-production electric automaker Nikola Corp. (NASDAQ:NKLA) shot up on Tuesday. The Numbers Shares of the trucking startup rose 4.74 percent to close at $11.48 on Tuesday. Nikola shares are down 28.6 percent so far this year. The stock has a 52-week high of $37.95 a share and a 52-week low of $9.02….
Nikola Shoots up Nearly 5 Percent as Judge Allows Its Patent Lawsuit Against Tesla to Continue
Shares of the pre-production electric automaker Nikola Corp. shot up on Tuesday. The Numbers Shares of the trucking startup rose 4.74 percent to close at $11.48 on Tuesday. Nikola shares are down 28.6 percent so far this year. The stock has a 52-week high of $37.95 a share and a 52-week low of $9.02. Why…
Tesla Cybertruck Prototype Spied With Side Mirrors, Possible Rear Wheel Steering
The Tesla Cybertruck is one of the most hotly anticipated electric pickups coming to market. And although deliveries have been delayed until 2022, there is still not much competition against Tesla’s uniquely designed vehicle. When first unveiled, a few strange things were noted beside the odd shape. One of the most talked-about features was the…
Elon Musk Says Cybertruck Mirrors Required by Law, but Will Be Easy to Remove
Tesla Inc.’s hotly anticipated Cybertruck will begin production in Gigafactory Texas in late 2022 according to the company. It is racing to market to meet other electric pickup rivals such as the Ford Motor Company Electric F-150 or the General Motors Company Hummer EV. But after a video earlier today showed a Cybertruck prototype with…
Tesla Finally Begins Refresh Model X Deliveries
Tesla Inc. revealed the company’s refreshed Model S and X vehicles many months ago, but due to supply chain issues and battery safety concerns, the vehicles missed initial delivery estimates by several months. But now Tesla has posted to Twitter sharing the first deliveries of the Model X luxury SUV, falcon-wing doors and all. The post shows several…
Tesla’s Musk Dials Into Volkswagen Executive Conference
FRANKFURT—Tesla boss Elon Musk has addressed 200 Volkswagen executives via a video call after an invitation from the German carmaker’s CEO Herbert Diess, who wants to galvanise VW’s top brass for a faster pivot to electric vehicles. The comments on Thursday by Musk to a VW managers gathering in Alpbach, Austria, confirmed by Diess via…
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