What happened Shares of electric-car company Tesla(NASDAQ:TSLA) fell on Friday, declining as much as 6.9%. As of 3 p.m. EDT, the stock was down 6.1%. The stock’s decline follows news on Thursday afternoon that the automaker was rolling out yet another cost-…
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Stock Market News: Tesla Hits the Brakes; Will Starbucks Be a Trade-War Casualty?
Friday morning was volatile for the stock market, which moved between negative and positive territory several times. The sentiment battle between strong U.S. economic prospects and the threat of a prolonged trade conflict with China whipsawed investors from o…
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Elon Musk to review all of Tesla’s expenses in new cost cutting plan
Tesla earlier this month closed a .7 billion offering of stock and convertible notes, giving it much needed cash as it ramps up production. (Reuters/file) Tesla Inc Chief Executive Officer Elon Musk told employees on Thursday that he will increase scrutiny o…
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2:00PM Water Cooler 5/17/2019
By Lambert Strether of Corrente. Patient eeaders, my workflow remains disrupted because Apple has not yet returned control to me of the tablet I putatively own. So I feel like I’m running a sack race instead of blogging. Again, if any of you want to send me …
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Tesla Model 3 in Fatal Accident Had Autopilot Engaged
Tesla’s Autopilot system is the most advanced self-driving system for cars available to consumers, but it’s not perfect. In fact, drivers have gotten themselves into trouble by assuming Autopilot was more capable than it really is. Several Tesla crashes have …
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