Teslas 2019 shareholder meeting opened with a list of triumphs. All of them, Tesla chairwoman Robyn Denholm noted, were just fever dreams in 2008, when the business mainly involved a couple of engineers shoving batteries into the body of a red Lotus Elise. I…
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Month: June 2019
What Happened in the Stock Market Today
Stocks eased lower Wednesday as investors looked forward to the Federal Reserve meeting next week and the upcoming G20 summit. The Dow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500(SNPINDEX:^GSPC) closed with small losses. The market was pulled…
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Elon Musk addressed the Tesla problem Wall Street is obsessing over, and the stock is jumping (TSLA)
Elon Musk just told investors exactly what they wanted to hear. Tesla shares rallied early Wednesday after the company’s chief executive, at the company’s annual shareholder meeting, addressed underlying vehicle demand the evening prior. Demand is a cor…
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Uber just revealed a new self-driving car that it will use to take on Tesla and Waymo in the robotaxi wars
Uber’s Advanced Technologies Group unveiled its latest self-driving car, a Volvo SUV that’s designed to be fully driverless. The self-driving Volvo XC90 SUV, announced at the Uber Elevate Summit on Wednesday, will be the first Uber autonomous car designed …
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Wall Street split on Tesla 2019 delivery promises
(Reuters) – Tesla Inc shares rose almost 3% in early trade on Wednesday, with analysts still divided on the electric-car maker’s chances of meeting delivery and production targets in the months ahead, after comments by Chief Executive Officer Elon Musk at an …
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