Tesla Inc. is weighing a potential separation of its China business to pave the way for a possible merger with SpaceX, according to the Wall Street Journal.
Tesla is considering selling or spinning off its China unit to pave the way for a SpaceX merger, the Wall Street Journal reported Thursday night.
Amazon, Alphabet and Tesla all reported negative cash flow in the latest quarter. Meanwhile, Meta's cash generation plummeted by 91%.
US auto safety regulators opened an investigation into Tesla Inc.’s most-popular models after a series of complaints by drivers over the sudden failure of suspension in their vehicles.
Tesla has achieved a significant milestone by producing its 10 millionth electric vehicle (EV). This accomplishment brings the company halfway to fulfilling one of the four core product goals set by Elon Musk to unlock his full $1 trillion pay package.
Tesla Inc. struck a long-term deal to buy electricity from a KKR & Co.-backed solar and battery project in Arizona, developer ContourGlobal said.
Tech giant Amazon has filed to launch more than 5,000 satellites aimed at providing global consumer mobile services.
Cathie Wood's ARK Invest bought Tesla stock across four of its ETFs on Thursday, even as shares fell almost 15%.
Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.
The Nasdaq 100 Index tumbled Friday, capping its first back-to-back weekly loss since late March as it was dragged down by the oil-price spike and a selloff in the tech stocks that once surged on the back of the AI investment boom.
The bearish Tesla set-up we flagged ahead of Wednesday's report has delivered most of what it can.
The tech-heavy Nasdaq composite dived Thursday, as oil prices spiked amid the ongoing U.S.-Iran conflict. Alphabet and Tesla plunged.
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