Tesla (TSLA) to Acquire Grohmann Engineering
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Tesla (TSLA) Updates Supercharger Program; Will Include 400 kWh/Yr. of Free Charging Upcoming Orders
November 7, 2016 9:08 AM ESTTesla (NASDAQ: TSLA) posted the following to its Blog on Monday:
Four years ago, Tesla introduced the Supercharger Network the worlds fastest charging solution to enable convenient long distance travel. Today, more than 4,600 Superchargers allow over 160,000 Tesla owners to drive across the continental U.S., from the Arctic Circle to the south of Spain, and across all of the population centers in... More
China's LeEco to slow pace of growth, faces 'big company disease': CEO
November 7, 2016 6:19 AM ESTBEIJING/SHANGHAI (Reuters) - Chinese conglomerate LeEco, which has invested in high-tech products from electric cars to smartphones, is facing a shortage of cash and suffering from expanding too fast and in too many directions, its CEO said in a letter to staff.
Jia Yueting, a billionaire who wants to take on global tech giants like Elon Musk's Tesla Motors Inc (NASDAQ: TSLA), said in the letter sent to Reuters that the firm was facing "big company disease" after having expanded at an "unprecedented rate".
The letter... More
Toyota, in about-face, may mass-produce long-range electric cars: Nikkei
November 6, 2016 8:57 PM ESTBy Naomi Tajitsu and Chang-Ran Kim
TOKYO (Reuters) - Toyota Motor Corp is looking at mass-producing long-range electric vehicles (EVs) that would hit the market around 2020, the Nikkei newspaper reported on Monday, in what would be a dramatic reversal of strategy for the world's top-selling automaker.
Even as rivals such as Nissan Motor Co , Volkswagen AG and Tesla Motors (NASDAQ: TSLA) have touted pure electric cars as the most viable zero-emission vehicles for the future, Toyota has said it would reserve EVs for short-distance commuting given the high price of... More