Tesla Researcher Thinks EV Giant"s "Biggest Challenge" In Q2 Comes From One Of Its Cash Cows Due To A Tax Credit Twist

Shares of Boeing Co. tumbled in 9.2% in premarket trading Thursday, extending the biggest one-day selloff in 46 years in the previous session, as the aerospace giant's move to perserve cash and tap its credit line prompted a do.....»»

Intuit Inc. is nearing a deal to buy personal-finance portal Credit Karma Inc. for about $7 billion in cash and stock, in a move that would push the bookkeeping-software giant further into consumer finance, according to people familiar with the matter......»»

Tesla continues to right-size and channelize efforts into more profitable avenues of its businesses amid its turnaround effort. read more.....»»

The company has decided to cut over 10% of its workforce or about 14,000 jobs. But where have the maximum slashings taken place? read more.....»»

Chinese electric vehicle maker Nio Inc.’s (NYSE: NIO) CEO William Li thinks Tesla Inc. (NASDAQ: TSLA) is the biggest beneficiary of Chinese regulations, BBC r read more.....»»

Elon Musk, SpaceX's founder, recently said he thinks Austin will be the biggest boomtown the US has seen in 50 years. Musk's carmaker, Tesla, is building its next US plant in Austin. .....»»

iHeartMedia Inc. , the biggest operator of radio stations in the U.S., said Tuesday that it has $647 million in cash as of March 31, including a $350 million draw down from its $450 million revolving credit facility. The company has ex.....»»

"The biggest challenge is getting financing to these small businesses so they have cash to get through this challenging economic time," said Linda MacFarlane, executive director of the loan fund......»»

Delta Air Lines Inc.'s issuer credit rating was downgraded two notches into "junk" territory at S&P Global Ratings, which an expected sharp decline in revenue in cash flow as the coronavirus outbreak has resulted in a "steep decline" in ai.....»»

Reuters On Tuesday, JMP boosted its Tesla price target to $1,060, the highest on Wall Street and 46% above where shares traded at Monday's close.&n.....»»

Intuit Inc. is nearing a deal to buy personal-finance portal Credit Karma Inc. for about $7 billion in cash and stock, in a move that would push the bookkeeping-software giant further into consumer finance......»»

On Friday, Alexander Potter of Piper Sandler increased his Tesla price target to $553 from.....»»

The arrivals of Apple TV+ and Disney+, with HBO Max and Peacock on the horizon, will give the streaming giant its biggest challenge yet......»»

The arrivals of Apple TV+ and Disney+, with HBO Max and Peacock on the horizon, will give the streaming giant its biggest challenge yet......»»

Reuters Shares in Tiffany & Co and LVMH jumped on Monday after the pair agreed a $16.2 billion merger, the largest luxury deal in history. The US jewelry retailer accepted an offer of $135 in cash per share from the French luxury-goods giant, aft.....»»

Aurora Cannabis Inc (NYSE: ACB) deserves credit for building industry leading scale and strong margins, but Bank of America thinks the company is burning fast.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Morgan Stanley analyst Adam Jonas, a Tesla Inc (NASDAQ:TSLA) permabull, in a private call says Tesla is not really seen as a growth story and the company keeps burning cash. Listen to the audio here. Q1 .....»»

Daniel Daza/Netflix/"Narcos" Netflix has a massive cash burn problem, one of the company's most bearish analyst says.  Wedbush has a price target of just $110 for the stock, which is cu.....»»

Rashid Umar Abbasi / Reuters Morgan Stanley's Adam Jonas thinks Tesla and SpaceX could have a beautiful big data friendship. This is latest effort to craft a new plot twist for a company that has been fueled by its s.....»»