Tesla surges 17% after delivering more cars than expected amid the coronavirus pandemic (TSLA)
Getty/Justin Sullivan Tesla delivered 88,400 cars in the first quarter of 2020, the company announced Thursday, exceeding Wall Stree.....»»
Elon Musk and Bill Gates have sparred over everything from the coronavirus to electric cars. Here"s where their simmering feud began and how it"s escalated amid the pandemic.
While the Microsoft billionaire and the Tesla titan have never had a particularly cozy relationship, things have heated up over the past year. Elon Musk and Bill Gates. Susan Walsh/AP; Mike Cohen/Getty Images for The New York.....»»
Daimler earnings plunge as coronavirus hammers vehicle sales, production
German's Daimler AG said on Thursday it expected to report a near 70% plunge in a key first-quarter earnings figure, as demand for its Mercedes-Benz cars plunges amid the coronavirus pandemic......»»
Dogecoin Hits Another All-Time High Just Below 45 Cents Amid Elon Musk-SNL Speculation
Dogecoin (DOGE) hit an all-time high of nearly $0.45 on Monday night, days ahead of Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s scheduled appearance on “Saturday Night Live” where the joke cryptocurrency is expected to feature. read more.....»»
Elon Musk Says Coronavirus A "Trial Run" For Future Pandemic, Questions Mortality Rate
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk discussed the coronavirus pandemic with Joe Rogan in a podcast on Thursday, saying he believes the mortality rate for the virus is much lower than what has been reported. read more.....»»
Lyft stock soars as sales near $1 billion, losses decline despite coronavirus pandemic
Lyft Inc.’s bumpy road to profitability is getting rougher during the COVID-19 pandemic, but the company brought in more sales than expected amid the coronavirus spread and shares spiked in late trading Wednesday......»»
These 15 used cars saw the steepest drops in sales when the coronavirus pandemic hit, according to the data
Tesla Car search engine and automotive research firm iSeeCars.com compiled a list of 15 used cars with the largest decrease in sales between February and March as the coronavirus pandemic spread across the US. The used .....»»
Everyone has to accept that Tesla is worth $150 billion precisely because Elon Musk doesn"t behave like any other CEO in the business (TSLA)
Brendan Smialowski / AFP via Getty Images Tesla CEO Elon Musk attacked coronavirus-pandemic shelter-in-place orders, demanding .....»»
Twitter gains users, beats estimates but ad trends alarm investors
Twitter Inc on Thursday reported higher first-quarter revenue and a smaller loss than analysts had expected amid the coronavirus pandemic, but its shares fell as investors fretted about potential weakness in the second quarter......»»
Volvo Cars cuts 1,300 Swedish jobs as pandemic speeds up change
Volvo Cars will lay off 1,300 white-collar employees in Sweden, with the carmaker saying it needs to step up its shift to new products and business models amid the coronavirus pandemic......»»
Ford posts $2 billion first-quarter loss amid coronavirus
Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»
Ford posts $2 billion first-quarter loss amid coronavirus
Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»
Nissan slashes full-year results forecast, sees operating loss
Nissan Motor Co on Tuesday said it expected to post its first annual operating loss in 11 years as the Japanese automaker struggles to recover from plunging vehicle sales as the coronavirus pandemic has sapped demand for cars. Francis Maguire reports......»»
HSBC sees mounting credit losses after pandemic halves first-quarter profit
HSBC Holdings PLC on Tuesday warned of more earnings pain to come after first-quarter profit nearly halved as it boosted provisions against bad loans expected to rise amid the coronavirus pandemic......»»
Tesla likely to extend advantage over OEMS in electric cars during coronavirus-driven recession: Baird
The recession created by the coronavirus pandemic is likely to help Tesla Inc. extend its advantage in electric vehicles over the major car markers, or origina.....»»
New grocery store set to open in Cary as demand surges amid coronavirus pandemic
Lidl will open its second Cary location next week. The opening comes earlier than initially planned as grocers see demand surge during the coronavirus pandemic. The German grocer with a growing presence in the Triangle will hold a soft opening for.....»»
Truck maker Volvo profit falls less than expected amid pandemic pain
Sweden's AB Volvo reported a smaller-than-expected fall in quarterly operating earnings on Thursday as service sales held up in the face of tumbling sales and orders of its trucks as demand evaporated in the face of the coronavirus......»»
Car trouble: Auto lenders not letting customers return leased cars amid coronavirus crisis
Auto leases have expired in the midst of the coronavirus pandemic, but sometimes lenders don't want to take th.....»»
Asian economies will see their growth come to a halt this year amid the coronavirus pandemic, IMF warns
Associated Press The IMF warned on Wednesday that Asian economies will see no growth in 2020 China is the only country expected to grow at 1.2% in 2020 The p.....»»
Tesla Enters Coronavirus Survival Mode
Amid a recession and production shutdown, the electric vehicle company is slashing costs to preserve cashRelated Stocks: TSLA,.....»»
Tesla surges 14% after Credit Suisse upgrades the stock, saying it"s well positioned after the coronavirus disruption (TSLA)
Getty/Justin Sullivan Credit Suisse on Tuesday upgrad.....»»