Tesla (NASDAQ:TSLA) is headed into a couple of very tricky earnings reports to end financial year 2019. Twelve months ago, most analysts felt that Tesla would turn the corner and post an annual profit this year. To say that theyre falling short is a polite un…
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Month: October 2019
Wall Street Breakfast: Brexit Deal Reached… If It Can Pass Parliament
New GM contract has $7.7B in investment and key union wins A new tentative deal between General Motors (NYSE:GM) and the UAW covering more than 46,000 workers includes key union wins along with a pledge to invest $7.7B into U.S. factories, according to the …
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Billionaire Elon Musk says he’s strapped for cash after being sued for defamation over ‘pedo guy’ comments
The filing from the attorney of 63-year-old plaintiff Vernon Unsworth makes reference to “Musk’s sworn testimony that he is financially illiquid.” Unsworth played a key role in the rescue of a Thai youth football team from a cave last year. The trouble began…
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Auto Stock Roundup: Ford Q3 China Sales Dip, Tesla Q3 UK Sales Hit a Record & More
The United Auto Workers (UAW) nationwide strike against General Motors GM, which has completed a month, is likely to end soon as the negotiating parties have managed to reach a tentative labor deal. Notably, the strike was called after the companys four-year …
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Tesla (TSLA) Gains As Market Dips: What You Should Know
In the latest trading session, Tesla (TSLA) closed at $259.75, marking a +0.72% move from the previous day. The stock outpaced the S&P 500’s daily loss of 0.2%. Meanwhile, the Dow lost 0.08%, and the Nasdaq, a tech-heavy index, lost 0.3%. Prior to today’…
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