Jeffrey Osborne, an analyst at Cowen, cut his price target for Tesla from $160 to $150 in a note sent to investors on Friday. Osborne said he believed Tesla’s upcoming capital raise was “badly needed” but too small to cover future costs. “We update our …
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Tesla’s infotainment system is better than any other auto brand’s, according to Consumer Reports. The publication ranked Tesla’s system above those of 27 competitors. Eighty-six percent of surveyed owners reported being “very satisfied” with Tesla’s infota…
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Wayfair shares fell 6% early Thursday after the online retailer’s first-quarter loss came in wider than Wall Street expected. Wayfair said it had 16.4 million active customers, a 39% jump from the same time last year.  Shares remain within striking distance…
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Russian President Vladimir Putin. Reuters Good morning! This is the tech news you need to know this Thursday. Googlers staged a big “sit-in” because they say the company retaliated against the organizers of November’s sexual harassment walkouts. In New…
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A year after launching his new fund, D1 Capital Partners’ Daniel Sundheim told attendees of Monday’s Sohn Investment Conference that his multi-billion-fund sees a lot of growth in “certain areas of media,” specifically naming Netflix and Disney. The two co…
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