Month: May 2020

A look at the factors in play as The Big Three burn cash during the coronavirus shutdown, Nissans performance in China could spell good news for the industry, and Tesla is making money from CO2 credits. All that and more in The Morning Shift for April 30, 202…
Read More

Tesla is at a crossroads. For more than a decade, it lost money, teetering on the edge of bankruptcy, even as it made cars people loved. Now, Tesla has proven it can grow and make money at the same time, a new concept for the electric carmaker. Tesla saw its…
Read More

While we’ve often criticized Tesla Motors’ “Full Self Driving” (FSD) suite for being a $7,000 promise that failed to deliver, the automaker is making moves that might someday force us to eat our words. Tesla is now releasing a new software update that includ…
Read More

What happened Shares of Tesla(NASDAQ:TSLA) jumped on Thursday, rising as much as 8.7%. As of 10:33 a.m. EDT, however, the stock was up 4.6%. The growth stock’s sharp gain follows the electric-car maker’s first-quarter earnings release. Fueling investor opti…
Read More

Thursday morning brought an end to a streak of rising stock market days, as investors seemed perturbed by continued economic impacts from the coronavirus pandemic. First-time claims for unemployment benefits came in at 3.8 million for the most recent week, br…
Read More