Tag Archives: Tesla

As if Elon Musk’s week couldn’t be more eventful, the Tesla (TSLA) CEO gave the automotive world more news to chew on. In a tweet last night, Musk said Tesla has begun production of its long-awaited electric Tesla Semi truck, and that deliveries to Pepsi (PEP) would begin on December 1st. In a follow-up tweet, Musk said the semi would have 500 miles of range and would be “super fun to drive.” Yahoo Finance has reached out to Pepsi for comment, but the company has not responded back at… Source link

It would make sense that the growth of environmental, social, and corporate governance (ESG) funds would benefit an EV automaker like Tesla (TSLA). But why isn’t its stock getting an even bigger lift from ESG asset managers? Short answer: Not everyone in the business of socially responsible investments is convinced that Tesla, and its controversial founder and CEO, Elon Musk, is a pure play in the ESG world. To be sure, Tesla and its stock has made a lot of headway. “What they’re doing is… Source link

Starbucks (SBUX): The coffee giant increased its quarterly dividend to 53 cents per share from 49 cents, effective November 25, 2022 to shareholders on record November 11, 2022. Starbucks initiated its dividend in 2010 and has increased it every year since. Vail Resorts (MTN): The company’s loss narrowed in its fiscal fourth quarter and sales topped Wall Street’s expectations, sending shares higher in extended trading. Revenue for the quarter totaled $267.1 million, up 31% from a year… Source link

Tesla (TSLA) rental demand appears to be off to a brisk start for Hertz (HTZ). “Demand has been very, very solid,” Hertz CEO Stephen Scherr said in an exclusive Yahoo Finance Live interview Tuesday (video above). “We’re seeing demand not just among leisure travelers but also among corporate travelers, where in fact corporations want their employees in an electric vehicle to satisfy some of their own carbon footprint objectives.” Hertz inked a deal late in 2021 to purchase 100,000 Tesla Model… Source link

The Tesla Model Y.Tim Levin/Insider I drove a Tesla for the first time and came away impressed with the much-hyped brand. The Model Y’s sleek interior, speedy acceleration, and innovative tech features set it apart. But its oversized touchscreen and lack of physical buttons isn’t for everyone. Tesla created and dominates the burgeoning market for electric vehicles. But can the startup’s popular cars withstand a barrage of competitors from titans like Ford, General Motors, and Volkswagen? That’s… Source link

Elon Musk has expressed his dislike for remote work in the past.Maja Hitij/Getty Images Elon Musk and other Tesla executives receive weekly reports on employees’ office attendance. Tesla employees told CNBC that the reports were based on data from workers scanning badges at facilities. Employees have also complained that Tesla facilities are not able to properly accommodate office work. Elon Musk and other senior executives at Tesla are receiving weekly reports monitoring employees’ office… Source link

Top trending after-hours tickers on Yahoo Finance: Salesforce (CRM): Shares fell after the company beat on second-quarter results but cut its full-year revenue forecast to between $30.9 billion and $31 billion. For the second quarter, Salesforce posted adjusted earnings-per-share of $1.19 on revenue of $7.7 billion. RBC Capital Markets Software Equity Analyst Rishi Jaluria told Yahoo Finance that if investors are “willing to weather choppiness over the next couple of quarters as we deal… Source link

Forget about that crazy-thin foldable phone from earlier. Xiaomi just beat Tesla to unveiling a working humanoid robot prototype at a live event earlier today, and yes, it looks awfully familiar. The Xiaomi CyberOne is 177cm (5.8 feet) tall, weighs 52kg (115 pounds), is nicknamed “Metal Bro” and is also somehow given a zodiac sign, Leo. After a short walk to the middle of the stage, the CyberOne gave CEO Lei Jun a flower (for some reason), before it politely accepted a selfie with the man… Source link

(Bloomberg) — Elon Musk sold $6.9 billion of his shares in Tesla Inc. the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to buy Twitter Inc. Most Read from Bloomberg “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk tweeted late Tuesday after the sales were disclosed in a series of… Source link

Tesla stock is inflated and could lose more than half of its value, according to Citi analyst Itay Michaeli. In a note to clients, Michaeli reiterated a sell rating on Tesla’s stock on with a $424 price target. Tesla stock traded around at $923 per share on Wednesday. The basis for Michaeli’s bold call involves skepticism related to Tesla’s autonomous driving technology and the view that Tesla’s stock — which is trading on a lofty forward P/E ratio of 76 times — is not factoring in a… Source link