On Tuesday evening in San Francisco, SpaceX and Tesla CEO Elon Musk finally shed some light on what Neuralink, his company that has raised $158 million to develop ultra high bandwidth brain-machine interfaces to connect humans and computers, has been up to si…
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Tesla could open its Shanghai Gigafactory even sooner than expected, according to a team of Wall Street analysts who just got back from China (TSLA)
Tesla could open its Chinese factory sooner than expected, Morgan Stanley analysts told clients on Wednesday. “Our China team just returned from a visit of local Chinese suppliers with some fresh feedback on Tesla’s progress with its currently under-constr…
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Tesla is getting China right, Morgan Stanley says
Tesla Inc. may be able to ramp up production in China faster than anyone believed, possibly landing the Silicon Valley car maker as the leading luxury EV player in the country, analysts at Morgan Stanley said Wednesday. The analysts, led by Adam Jonas, said…
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NewsWatch: Netflix stock drops more than 10% as earnings show huge decline in new subscribers
Netflix Inc. shares plunged more than 10% in the extended session Wednesday after the video-streaming giant badly missed projections for new paid subscriptions. See full story. Led by the Chinese, foreigners are buying 31% fewer American homes In dollar vol…
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Three fund managers may one day control nearly half of all company voting shares, researchers warn
A decade after some of the nations largest U.S. banks helped to bring the financial system to its knees, a new kind of too big to fail risk may be emerging in a very different corner of the market: index funds. Three index fund managers currently dominate o…
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