Tesla cutting around 2,700 jobs in Austin and more than 3,300 in California as part of broad restructuring
Tesla is eliminating about 12% of its workforce at a factory in Austin, Texas, where the electric vehicle company is headquartered.
Tesla earnings are coming up. Here’s what traders are looking for in the report
Shares are down more than 40% in 2024 and reached their lowest level since January 2023 on Monday.
Tesla shares jump 13% after Musk says company aims to start production of affordable new EV by early 2025
Tesla reported disappointing earnings and revenue, but the stock rose on optimism that a new affordable EV model could enter production sooner than expected.
Leon Cooperman says roughly 15% of his family office assets are in energy stocks
The billionaire investor anticipates the Middle East conflict will keep oil prices within the $80 to $90 range.
Apple sends invites to May 7 launch event, new iPads expected
Apple will launch new products on May 7 in an online event, according to invites sent to the media on Tuesday.
Trump trial: National Enquirer would ’embellish’ negative stories about Trump’s 2016 rivals, Pecker says
Trump is charged with falsifying business records related to a scheme to silence porn star Stormy Daniels from speaking about an alleged tryst with him.
Google search boss warns employees of ‘new operating reality,’ urges them to move faster
At a recent all-hands meeting, Google search head Prabhakar Raghavan told employees that the world is changing and they have to adjust.
High-speed rail system from Las Vegas to Southern California breaks ground
Brightline West aims to be operational in 2028, when Los Angles hosts the Summer Olympics.
Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies, creating iPhone versus Android dynamic
The move will create new hardware devices that run the same operating system and software as Quest 3 and Quest Pro.
The stock market is primed for a short-term bounce, but correction still not over
Wall Street technical analysts expect equities to see a tactical bounce after recent declines. The S&P 500 is coming off its worst week in more than a year.
