Uber and Lyft are bad at recalls, Tesla is still sliding, Maven is packing up in some markets, and Toyota is playing games, all in The Morning Shift for Tuesday, May 21, 2019. 1st Gear: Unaddressed Safety Risks at Uber and Lyft The entire foundation of ride…
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Teslas bad year keeps getting worse. This week, the high-flying California carmakers stock continued its year-long slide. By Tuesday (May 21), it had dropped 34% this year since Jan. 1 to a market cap of $35.6 billion. Thats down more than half from its peak …
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There must be more than a few half-grins among the cynical, perpetually grumpy denizens of Finance Twitter today. For the first time since late 2016, Tesla’s stock price opened below $200. Compared to the sky-high valuation the company’s enjoyed a year or two…
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Alexis Ohanian, venture investor and husband of tennis superstar Serena Williams, loves getting asked how he balances family life and his career as managing partner of Initialized Capital. He and Ms. Williams became first-time parents in 2017, and in the mon…
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Stocks were generally higher on Tuesday, as investors finally took some comfort from the possibility that things might not turn out as badly on the geopolitical front as many have feared in recent days. In particular, some olive branches from the Commerce Dep…
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