Tag: Tesla

Elon Musk ended weeks of speculation May 10, saying he would allow former President Donald Trump back on Twitter  (TWTR) – Get Twitter, Inc. Report if he completes his acquisition of the company. At a Future of the Car event hosted by the Financial Times, the Tesla  (TSLA) – Get Tesla Inc Report and SpaceX founder said that he would reverse the…

Share to FacebookShare to TwitterShare to LinkedinTopline Shares of big-data analytics firm Palantir Technologies, which specializes in military software, plummeted to a record low Monday morning following a disappointing earnings report and a cautionary note from CEO Alexander Karp, who urged governments to weigh the consequences of further escalation between Russia and Ukraine despite acknowledging…

Tesla  (TSLA) – Get Tesla Inc Report CEO Elon Musk has never been afraid to confront his opponents publicly. From his Silicon Valley peers like recently Bill Gates, the co-founder of software giant Microsoft  (MSFT) – Get Microsoft Corporation Report, to President Joe Biden, the richest man in the world fears no one. It’s one of…

A resurgence of a Covid-19 outbreak in China in March led to a lockdown in the nation’s largest city Shanghai, disrupting work at technology and electric vehicle plants and other industries’ factories, causing major supply chain, logistics and production issues. Tesla on March 28 shut its Shanghai Gigafactory, but was allowed to reopen its plant…

Tesla  (TSLA) – Get Tesla Inc Report does not intend to give up its throne of world leader in electric vehicles. The list of challengers may grow longer every day. But the company led by charismatic CEO Elon Musk always wants to be one step ahead. Besides its design, Tesla has made technological innovation one of its…

Share to FacebookShare to TwitterShare to LinkedinTopline Amazon on Thursday fired more than six senior managers at its Staten Island JFK8 warehouse, the New York Times reported on Friday, a month after the fulfillment center voted to unionize in what marked the first major victory for the company’s labor movement. Christian Smalls, president of the…

Share to FacebookShare to TwitterShare to Linkedin Tesla chief Elon Musk. AFP via Getty Images Good news for Musk’s Twitter bid has not translated into good news for Musk’s Tesla stock. It should have been a day of celebration for Tesla and SpaceX chief Elon Musk, after he announced $7.1 billion in equity commitments toward…

Is Silicon Valley in a recession? The question became more pointed  this May 5 in the financial markets. After the Federal Reserve indicated on May 4 that it was entering a phase of aggressive monetary rate hikes to curb inflation, investors’ eyes turned to most of the so-called growth assets, in other words tech. The…

In recent years, big tech names like Apple  (AAPL) – Get Apple Inc. Report, Meta Platforms  (FB) – Get Meta Platforms Inc. Class A Report and Amazon  (AMZN) – Get Amazon.com, Inc. Report seemed almost immune from Wall Street downswings. In fact, for most of 2021 their strong performance masked otherwise dismal showings in many other companies’s…

In a surprise move, a majority of Amazon ( (AMZN) – Get Amazon.com, Inc. Report) employees at the behemoth’s Staten Island warehouse voted against joining the union. The win for the online retailer came after another Staten Island fulfillment center was the first to unionize and founded the Amazon Labor Union. The employees at the LDJ5…