Tag Archives: Tesla

A 2023 Model X sports-utility vehicle sits outside a Tesla dealership Sunday, June 18, 2023, in Englewood, Colo. David Zalubowski/AP hide caption toggle caption David Zalubowski/AP Tesla on Wednesday reported a drop in its profit during the second quarter, as the electric vehicle maker continues to struggle despite CEO Elon Musk’s pivot back to focusing on his companies after his …

Tesla’s latest launch was actually a … diner? Two Business Insider reporters visited the new Tesla Diner in Los Angeles within 24 hours of its grand opening this week. The retro-futuristic atmosphere is complete with rounded architecture, eye-catching neon lighting, 45-foot drive-in screens playing Sci-Fi classics like “Star Trek” and “War of the Worlds,” and servers darting around on roller …

GE Vernova Stock Surges to Record on Strong Earnings 14 minutes ago GE Vernova (GEV) shares soared Wednesday after the company reported better second-quarter results than analysts had expected. The former General Electric division posted earnings per share of $1.86 on revenue that rose 11% year-over-year to $9.11 billion, above analysts’ estimates compiled by Visible Alpha. Shares of GE Vernova …

Tesla Expected to Report Falling Profit as Car Sales Fall  The New York Times Get ready for more bad news from Tesla  CNN Tesla earnings are coming Wednesday. Here’s what top analysts expect  CNBC Tesla’s quarterly results: what are investors and fans looking for?  Reuters Tesla’s Darkening Outlook to Test Robotaxi Vision Pushed by Musk  Bloomberg Source link

Google, Tesla and Mag 7 Fortunes Diverge. But Watch for These AI Winners.  Barron’s AI Is Dividing the Fortunes of the Magnificent Seven  The Wall Street Journal Which Mag 7 stocks will be the top performers this earnings season?  Yahoo.co The Magnificent 7 growth slowdown  Financial Times Magnificent Seven earnings kick off next week with stocks near all-time highs  CNBC Source link

Tesla (TSLA) sales are down 21% in California, the largest EV market in the US, and this decline is dragging the entire EV market down. California accounts for roughly a third of EV sales in the US, making it the most significant electric vehicle market in America. Tesla has dominated the EV market in California, but its market share has …

Was it a restaurant opening or a car show? On Monday, Cybertrucks and Teslas filed into the parking lot and lined around the block for the opening of the Tesla Diner: a two-story, retro-modern, steel-covered restaurant with two towering movie screens for customers to watch as they “supercharge” their cars. It marks the popular but controversial car company’s first foray …

The long-awaited retro-futuristic Tesla Diner opened in Los Angeles on July 21 to lines stretching down the block, with some Angelenos waiting for hours for the restaurant to open at exactly 4:20 p.m. Eater LA was in line when the doors finally opened at the scheduled time — Tesla tends to delay most of their product launches, sometimes for years …

The Chevrolet display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by a wide margin, General Motors said on Tuesday it has secured the No. 2 position and believes it has an “inherent advantage” when it comes to EVs. …

CNN  —  For years, Tesla has earned billions of dollars from its competitors just for selling electric vehicles. But that windfall is about to go away, just when the company may need it the most. Regulatory credit sales have been a huge source of revenue for the automaker, which currently faces a sales and profit slump. Legacy automakers purchase credits …