A Chinese ride-hailing company says many of the Teslas it bought as fleet vehicles have had major electromechanical issues. The company is called iUNICORN (also known as Shenma Zhuanche) and it originally purchased 278 Teslas between 2016 and 2017. It says 20…
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Need to Know: Fed and tech stocks could crack the market rally, warns Wall Street strategist
Once we get past another batch of big earnings, notably Apples after the close of trading Tuesday, investors will need to get ready to face the Fed full on. And vice versa for the U.S. central bank, which will come up against financial markets that have gro…
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Watch a Tesla Model 3 quickly swerve on its own to avoid an accident at the last second
Its a shame that much of the narrative surrounding Tesla these days centers on the companys stock price, Elon Musks shenanigans on Twitter, or other trivial details that dont truly capture some of the impressive automotive innovations Tesla has rolled out at …
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Tesla to raise money through new stock and convertible debt offerings
Tesla Inc. on Thursday filed for a capital raise, disclosing its intent to sell both common stock and convertible notes. Shares were up 5.6% in active premarket trading. The company plans to offer about 2.7 million shares of additional common stock, with Chi…
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Tesla hit with lawsuit over fatal California crash involving Autopilot – Roadshow
What remains of Huang’s Model X after firefighters were able to extinguish the blaze. Dean C. Smith via Twitter In 2018, Walter Huang’s Tesla Model Xcollided with a highway barrier while Autopilot was running, killing Huang and sparking a large vehicle fire…
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