The big takeaway from Tesla’s second-quarter earnings, reported on Wednesday, was that the company is up against the fundamental problem of being a car maker. After record vehicle deliveries of roughly 95,000 units in the quarter, Tesla still lost over $40…
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Facebook CEO Mark Zuckerberg. Josh Edelson/Getty Images Good morning! This is the tech news you need to know this Thursday. Facebook got hit with a record $5 billion penalty from the FTC over the Cambridge Analytica data breach. The FTC settlem…
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Share to facebookShare to twitterShare to linkedin Key Takeaways Dollar keeps climbing as ECB signals rate cut aheadAmazon and Alphabet highlight earnings calendar after closeStocks start the day…
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(Reuters) – U.S. stock index futures struggled for direction on Thursday as a clutch of earnings reports again pointed to a slowing global economy, while holding up in the face of already reduced expectations. Tesla Inc (TSLA.O) tumbled 12.3% and pressured …
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These are dark times for Tesla Inc.’s solar energy business and the Buffalo factory that state officials built for it. At the time, the administration of Gov. Andrew Cuomo hoped it was catching lightning in a bottle by spending $750 million in taxpayer money…
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