(RTTNews) - Automotive major Tesla, Inc. (TSLA) said on Monday that its car production and deliveries for the second quarter, despite persisting supply chain challenges and plant closures beyond its control.
Volkswagen's software unit Cariad will be streamlined in efforts to step up the pace of software development, Dirk Hilgenberg, the head of the unit, told the Frankfurter Allgemeine Zeitung newspaper on Monday.
(RTTNews) - Around 59,000 Tesla (TSLA) vehicles are being recalled globally due to a potential software glitch, as per media reports. The affected units belong to Tesla Y and 3 models. The road traffic agency in Germany has asked Tesla Inc. to recall the affected vehicles, as per
Germany's road traffic agency said it was recalling Tesla models Y and 3 because of a fault in the automatic emergency call system that affects 59,000 vehicles globally.
Business analytics company MicroStrategy (NASDAQ: MSTR) has converted nearly all of its cash reserves into Bitcoin (CRYPTO: BTC) tokens. You might expect CEO Michael Saylor to be less enthusiastic about this idea, as Bitcoin prices fell nearly 60% in the first half of 2022, but t
Tesla Inc delivered 17.9% fewer electric vehicles in the second quarter from the previous quarter, as China's COVID 19-related shutdown disrupted its production and supply chain.
When it comes to making powerful computer chips, Advanced Micro Devices (NASDAQ: AMD) is best-in-class. The company is an incredibly versatile producer, serving wide-ranging purposes that include gaming, the data center, and even virtual reality applications.
Among the thousands of publicly traded companies in the U.S., only four stocks have a market capitalization of $1 trillion or more: Apple, Microsoft, Alphabet, and Amazon. This year's market crash also means some stocks that joined the elite club last year, like Meta Platforms an
Ark Invest CEO Cathie Wood became a sensation during the pandemic. In 2020, the Ark Innovation ETF skyrocketed 149%, fueled by its exposure to growth stocks across a range of trendy industries, from e-commerce and communications software to telemedicine and electric vehicles. Des
The macroeconomic and geopolitical backdrop has weighed down the stock market since the start of 2022. Whether it's surging inflation, the Federal Reserve's interest rate hikes, or negative side effects from Russia's invasion of Ukraine, stocks have been absolutely pounded of lat
Here's an idea: Go through your portfolio and look up where are all your stocks are based. If it's tech heavy like mine, one state is going to pop up over and over again: California.
What happened
June wasn't a good month for electric vehicle (EV) stocks. It didn't matter whether it was widely followed start-ups like Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) or the sector leader Tesla (NASDAQ: TSLA). Rivian shares dropped 18%, Lucid 15%,
Here Are 3 EV Stocks To Know For This MonthAs we start the second half of 2022, electric vehicle (EV) stocks could be considered by investors. With soaring gas prices across the country and states like California recording a whopping high of $6.29 per gallon, the masses could be
What happened
Shares of Tesla (NASDAQ: TSLA) popped almost 3% at the open Friday. The stock gave back those gains, and was trading at nearly break-even as of 12:30 p.m. ET. But the reason for the early gains could bode well for further moves higher.
Wall Street started the second half of the year on a dull note on Friday as investors worried over the risks to economic growth from the Federal Reserve's resolve to curb rising prices at all costs.
U.S. manufacturing activity slowed more than expected in June, with a measure of new orders contracting for the first time in two years, signs that the economy was cooling amid aggressive monetary policy tightening by the Federal Reserve.
Wall Street started the second half of the year on a dull note on Friday as investors worried over the risks to economic growth from the Federal Reserve's resolve to curb rising prices at all costs.
U.S. manufacturing activity slowed more than expected in June, with a measure of new orders contracting for the first time in two years, more evidence that the economy was cooling amid aggressive monetary policy tightening by the Federal Reserve.