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Tesla Inc's advanced driver assistant software will not gain regulatory approval in 2022, Chief Executive Elon Musk said, signaling that the company is not yet able to satisfy authorities that its cars can be driven without someone behind the wheel.

Tesla TSLA reported third-quarter 2022 earnings of $1.05 a share, up from the year-ago figure of 62 cents and surpassing the Zacks Consensus Estimate of 95 cents. This marked an earnings beat for the company for the seventh time in a row. Higher-than-expected revenues fro

Consumer stocks were lower in Thursday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping 1% and the SPDR Consumer Discretionary Select Sector ETF (XLY) retreating 1.6%.

What happened Investors are focused on electric vehicle (EV) makers today for a good reason. After sector pioneer Tesla (NASDAQ: TSLA) reported earnings, stocks of several upstarts are moving higher. Rivian Automotive (NASDAQ: RIVN) shares jumped over 2%, while both Nio (NYSE: NI

Wall Street's main indexes jumped on Thursday as upbeat results and forecasts from IBM, AT&T and Dow Inc brought back cheer to the markets that were briefly taken aback by the political turmoil in the United Kingdom.

Tesla (NASDAQ: TSLA) stock is down 7.2% on Thursday as of 9:52 a.m. ET, following the electric vehicle pioneer's release of its third-quarter report yesterday.

Wall Street's main indexes regained footing on Thursday, recovering from a brief shock after the resignation of Liz Truss as prime minister of the United Kingdom, as focus moved back to positive forecasts from IBM and AT&T.

In early trading on Thursday, shares of Pinduoduo (PDD) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 6.5%. Year to date, Pinduoduo has lost about 0.5% of its value.

The earnings themselves were interesting, but the real fun started when Elon Musk spoke after the release.

Shares of Tesla Inc sank 9% on Thursday, with Wall Street analysts worrying that the electric vehicle maker's growth momentum may have hit a speed bump due to rapid inflation and logistics challenges.

Tesla TSLA is the leading EV maker by far and the world is doubling down on EV adoption with government subsidies, policy changes and infrastructure buildup. This should be the perfect backdrop for solid growth into the foreseeable future, which is what CEO Elon Musk has

Investors shouldn't obsess about a company's progress over just a three-month period, but they still watch quarterly results are still watched closely for good reason. They help detect trends and can confirm or refute what stock analysts have been saying about a business' prospec

The S&P 500 index was set to open lower on Thursday after the resignation of Liz Truss as prime minister of the UK added a layer of uncertainty to markets struggling to hold on to gains from a set of positive earnings forecasts from U.S. companies.

Shares of Tesla Inc fell about 5% in trading before the bell on Thursday, with Wall Street analysts worrying that the electric-car maker's growth momentum may have hit a speed bump due to rising inflation and logistics challenges.

The NASDAQ 100 Pre-Market Indicator is down -38.22 to 11,065.16. The total Pre-Market volume is currently 45,362,604 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is +0.22 at $19.76, with 9,163,876 shares traded.

Futures tracking the Dow and S&P 500 gained on Thursday as positive forecasts from IBM and AT&T helped offset declines from Tesla after it warned of missing its vehicle delivery target this year.

The fragile world stock market rally of the past week has been sideswiped by soaring bond yields, a pothole in the earnings season, Japan's plummeting yen and fresh chaos at the top of Britain's government.

U.S. stock index futures slipped on Thursday, with those of the Nasdaq taking the biggest hit, after Tesla failed to meet estimates for quarterly revenue and warned of missing its vehicle delivery target.

Retail activist shareholder platform Tulipshare called on Tesla Inc to tie its executive pay to environmental, social and governance (ESG) factors and said it expects to file a shareholder resolution on the matter for the electric carmaker's annual meeting next year.

Tesla Inc's advanced driver assistant software won't gain regulatory approval in 2022, CEO Elon Musk said in remarks which indicate the company is not yet able to satisfy authorities that its cars can be driven without someone behind the wheel.