U.S. stock futures fall amid slew of fresh corporate earnings
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Musk meets with top Biden officials to discuss EV and energy goals
January 27, 2023 2:11 PM ESTAn exclusive story by Reuters reports that Tesla CEO, Elon Musk met with two top Biden administration officials on Friday in Washington. John Podesta, a senior advisor to the president for clean energy innovation, and Mitch Landrieu, who oversees infrastructure spending.
According to a White House spokesperson, "John Podesta and Mitch Landrieu met with Elon Musk... More
Morgan Stanley Bullish as Tesla (TSLA) ushers in the 'Great EV Deflation'
January 27, 2023 11:55 AM ESTMorgan Stanley reiterated an Outperform rating and $220.00 price target on Tesla (NASDAQ: TSLA) as the electric vehicle giants recent price cuts usher in, what analyst Adam Jonas calls, the Great EV Deflation.
Jonas wrote in a note, In recent days, Ive asked several dealers and automotive experts if theyve ever seen a car company cut prices by 13 to 20% across the vast majority of its product range in one move. Nobody can think of a precedent.
Some... More
Tesla (TSLA) announces $3.6B investment to expand Nevada gigafactory
January 25, 2023 11:57 AM ESTTesla (NASDAQ: TSLA) announced Wednesday that the electric vehicle maker will be investing an additional $3.6B to continue growing the companys gigafactory in Nevada. Since 2014, Tesla has invested $6.2 billion in Nevada and built a 5.4 million square foot Gigafactory, providing 17,000 local constructions... More
AT&T (T) edges higher on 'solid' earnings beat
January 25, 2023 8:42 AM ESTAT&T (NYSE: T) shares are gaining premarket Wednesday after it topped fourth-quarter earnings expectations, driven by sustained momentum in customer additions.
The telecommunications business posted Q4 earnings of $0.61 per share, $0.04 better than the analyst estimate of $0.57. However, revenue came in below expectations at $31.34 billion versus the consensus... More
Tesla’s (TSLA) FSD falls in Consumer Reports ratings
January 25, 2023 8:26 AM ESTConsumer Reports announced Wednesday that Teslas (NASDAQ: TSLA) Full Self-Driving (FSD) system has fallen in the rankings of 12 driver assistance programs evaluated by the nonprofit.
Of 12 systems tested by Consumer Reports, Ford Motor's (NYSE: F) BlueCruise was first, followed by General Motors' (NYSE:... More
