5 defining moments from Tesla"s Q1 earnings
Industry analysts expected bad news from Tesla's first-quarter earnings report after weak sales. But CEO Elon Musk provided an upbeat narrative by announcing new affordable models for next year......»»
Mitsubishi eyes U.S. market EV from Nissan as North America takes center stage
Mitsubishi CEO Takao Kato books record operating income and says North America has swapped places with Southeast Asia to become its earnings engine......»»
Tesla’s self-driving claims subject to federal securities and wire fraud probe
Prosecutors are combing subpoenaed materials for evidence Tesla knowingly misled. Enlarge (credit: Aurich Lawson | Tesla | Airplane!) There's more bad news for Tesla. On Monday, we learned that CEO Elon Musk is continuin.....»»
In Tesla Autopilot probe, U.S. prosecutors focus on securities, wire fraud
U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters. .....»»
CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production
Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»
Toyota CEO Sato leads automaker to record profit, sales, production
Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI......»»
GM tries to lure Tesla’s jilted interns during mass downsizing
General Motors Co. hopes to take advantage of Tesla Inc.’s downsizing, with a company recruiter reaching out to former interns who were sent packing by the electric-vehicle maker......»»
Tesla Fires Bulk of Supercharger Team in Blow to Other Automakers
The decision to cut the nearly 500-person group, including its senior director, Rebecca Tinucci, was made by Chief Executive Officer Elon Musk. Tesla Inc. eliminated almost its entire Supercharger organization, which has built a vas.....»»
Despite Elon Musk"s criticisms, Tesla might use lidar sensors after all
Tesla is buying lidar sensors, according to Luminar Technologies Inc., a development that marks an 180-degree turnaround from Elon Musk's earlier deriding of the laser-based sensors......»»
NHTSA sends Tesla massive data request as it investigates Autopilot recall
Tesla has until July 1 to comply with the data request about its Autopilot recall. Enlarge (credit: Brandon Bell/Getty Images) The federal government has given Tesla quite the homework assignment. The electric automaker.....»»
Ferrari posts 13% rise in quarterly earnings amid flat deliveries
Adjusted earnings before interest, taxes, depreciation and amortization climbed 13 percent in the period, to €605 million......»»
Tesla Autopilot probe escalates with U.S. regulator’s data demands
Tesla Inc. is facing a July 1 deadline to furnish U.S. regulators with information about its biggest-ever recall because drivers using Autopilot keep crashing while using the system......»»
Who are the immigrants coming to the US on humanitarian grounds, and how can they be supported?
Immigration has become a defining issue in the 2024 elections and a major challenge in many U.S. cities. Over the past several years, wars and armed conflict, violent persecution and desperate poverty have displaced millions of people worldwide and p.....»»
Study explores whether psychological capital will help with work engagement in tough moments
A quarrel with a co-worker, task overload, a difficult relationship with the boss; each of us reacts slightly differently to problematic events in our professional lives. Such events often result in decreased work motivation and engagement......»»
Tesla announces fourth round of layoffs in four weeks
The latest cuts affect engineers, HR, and service advisers. Enlarge (credit: Karol Serewis/SOPA Images/LightRocket via Getty Images) On Sunday night, even more Tesla workers learned they were no longer employed by the c.....»»
Rivian to report Q1 earnings as EV maker cuts costs, prepares new models
While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to burn through billions in cash this year......»»
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»
Tesla lays off more staff in software, service teams
Electric-vehicle maker Tesla has launched another round of layoffs including staff from the software, service and engineering departments, Electrek reported Monday, citing emails and sources familiar with the matter......»»
The universe could be filled with ultralight black holes that can"t die
Primordial black holes are hypothetical objects formed during the earliest moments of the universe. According to the models, they formed from micro-fluctuations in matter density and spacetime to become sand grain-sized mountain-massed black holes......»»
Morgan Stanley hikes Apple stock target after unexpectedly positive earnings
Despite a recent Apple stock price target cut bank Morgan Stanley is amongst Apple's biggest bulls — and it has proven that by nudging the company's price target up to $216.An Apple Store signMorgan Stanley was oddly bullish about Apple even as it.....»»
From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits
Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace......»»