Long-suffering fans of the Tesla (TSLA) – Get Tesla Inc. Report cybertruck, which was first announced in 2019, may have to wait another year for deliveries to start, and that’s not the only disappointment. Tesla CEO Elon Musk told shareholders at the company’s annual meeting on Aug. 4 that the truck’s “specs and pricing will be different,…
Tesla (TSLA) – Get Tesla Inc. Report stock has been on fire. The stock is roughly flat on Thursday, but the automaker has quietly strung together a massive recent rally. If Tesla stock finishes higher on Thursday, it will mark its seventh straight daily gain. The shares have already rallied in 14 of the past 16…
The recovery has gotten very real for Royal Caribbean International (RCL) – Get Royal Caribbean Group Report. The cruise line has fought its way back from being shut down from U.S. ports for more than a year by the Centers for Disease Control and Prevention to cash-flow-positive on its way to being truly profitable. Royal…
A common belief about most buyers of electric vehicles is they purchase these vehicles as part of their efforts to save the planet. People seeking to buy a Tesla (TSLA) – Get Tesla Inc. Report or other electric vehicle from Ford (F) – Get Ford Motor Company Report, General Motors (GM) – Get General Motors Company…
A really bad day at a once high-flying Silicon Valley startup just a got a whole lot worse for many (now former) employees. Robinhood (HOOD) – Get Robinhood Markets Inc. Report, the troubled brokerage that attracted the attention of Gen Z investors, can not catch a break and is laying off 23% of its employees.…
Elon Musk, the chief executive of Tesla (TSLA) – Get Tesla Inc. Report, likes to present himself as a free-speech absolutist who supports robust debate about key issues. But that tone shifts when things come closer to home, such as during the electric-vehicle maker’s annual meeting. Tesla’s annual meeting, set for later this week, has a…
During the pandemic, while cruise lines sailing from U.S. ports were not able to take passengers, getting an email from Royal Caribbean International (RCL) – Get Royal Caribbean Group Report usually meant something bad. When cruising stopped in March 2020, the cruise line kept selling future sailings. That’s because if it didn’t, and the Centers…
Elon Musk’s Tesla (TSLA) – Get Tesla Inc. Report remains the king of the electric vehicle makers as delivery and production results from its rivals still pale in comparison. While Tesla’s July deliveries and production numbers are expected in the next day or so, its totals for the month will likely be thousands higher than its…
This is the appointment not to be missed: Twitter v. Elon Musk. After three months of a campaign marked by theatrics and public shouting matches, the showdown between the richest man in the world and one of the social networks shaping public opinion finally has a date. The trial between the two parties will open…
While the economy in the United States faces unprecedented inflation, high gas prices, and a tightening job market, the current economic woes look very different than past recessions. The economy has its problems, but lots of people are doing well, and jobs remain relatively plentiful. There’s sort of a grey cloud hanging over everything, where…
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