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Elon Musk needs to cut one in ten jobs at Tesla. Some may already have their eye on the exit.

What happened Developing new, solid-state battery technology for the electric-vehicle industry isn't easy, but QuantumScape (NYSE: QS) continues to make progress. The company updated investors with its first-quarter results in the last week of April. While it continued to show st

A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer price data offers insight on how much more the Federal Reserve will need to do in its battle against the worst inflation in decades.

Tesla Inc Chief Executive Elon Musk said on Saturday that the electric vehicle maker's total headcount will increase over the next 12 months, but the number of salaried staff should be little changed, backtracking from an email just two days ago saying that job cuts of 10% were needed.

What happened There's been no shortage of news surrounding EV juggernaut Tesla (NASDAQ: TSLA) over the past month. Several of those news items help explain why the stock dropped 12.9% in May, according to data provided by S&P Global Market Intelligence.

Shares of Tesla (NASDAQ: TSLA) were slammed on Friday, falling more than 9%. The growth stock's slide came as Tesla CEO Elon Musk expressed concerns about the economy in an email to employees, according to Reuters. In addition, Musk said the electric car company plans to cut abou

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Wall Street's three major stock indexes ended lower on Friday after a solid jobs report ate in to hopes for a pause in the Federal Reserve's aggressive policy-tightening which is needed to cool decades-high inflation.

It was a "good news is bad news" trading session Friday. Rather than cheer a better-than-expected May jobs report, investors pondered how the encouraging numbers would affect the Federal Reserve's path forward.

U.S. stock indexes ended lower on Friday after a solid jobs report ate in to hopes for a pause in the Federal Reserve's aggressive policy-tightening which is needed to cool decades-high inflation.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer price data offers insight on how much more the Federal Reserve will need to do in its battle against the worst inflation in decades.

U.S. stock indexes fell on Friday after a solid jobs report appeared to give the Federal Reserve a green light to continue on an aggressive policy-tightening path to cool decades-high inflation while shares of Apple and Tesla weighed heavily.

What happened If you've been investing in the stock market long enough, you may recall this clever quote from former General Electric chairman Jack Welch:

Tesla CEO Elon Musk's "super bad feeling" about the economy could be the auto industry's "canary in the coal mine" moment, signaling a recession for an industry whose bosses have shown no signs of concern.

Citigroup Inc Chief Executive Jane Fraser said on Friday that Europe was more likely than the United States to slip into a recession, as she joined other global bank CEOs this week to warn about the health of the global economy.

U.S. stock indexes fell on Friday as a solid jobs report supported the view that the Federal Reserve would continue on its aggressive policy tightening path to cool decades-high inflation, with shares of Apple and Tesla weighing the most.

NEW YORK (Reuters Breakingviews) - Tesla boss Elon Musk has a “bad feeling” about the economy, and it might cost 10% of the $735 billion electric automaker’s jobs. According to Reuters, Musk said as much in an email to executiv

What happened Shares of Tesla (NASDAQ: TSLA) were down 8.8% as of 11:17 a.m. ET on Friday after Reuters reported that Elon Musk sent an email to employees disclosing the need to cut about 10% of the company's jobs. According to the report, Musk expressed a "super bad feeling" on

In trading on Friday, vehicle manufacturers shares were relative laggards, down on the day by about 4.3%. Helping drag down the group were shares of Tesla, off about 9.2% and shares of Lordstown Motors off about 8.5% on the day.