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Saturday, May 04, 2024 9:31 PM ET

Search Results: tesla profit

Man Caught Stealing $190,000 From Tesla Backseat: Cops -- Crime

Surveillance video shows a man in a black T-shirt getting out of his car and then breaking into the backseat window of the Tesla parked next to him.

Inside Edition - Top Stories - 11 hours ago

Berkshire pares huge Apple stake as cash, operating profit set records

OMAHA, Neb. : Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett's conglomerate let its cash hoard swell to a record $189 billion.Buffett's company also posted a record operating profit exceeding $11 billion, as its insurance operations benefited f

Channel NewsAsia - Business - 11 hours ago

Berkshire Hathaway operating profit soars, Buffett's cash hoard swells to record

Berkshire Hathaway reported a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.

CNBC - Top Stories - 12 hours ago

Elon Musk sues Indian battery company Tesla Power for trademark infringement

Elon Musk's Tesla, Inc., has sued an India company called Tesla Power India in the Delhi High Court, alleging copyright infringement.

Fox News - Business - 1 day ago

Man Caught Stealing $190,000 From Tesla Backseat: Cops

Surveillance video shows a man in a black T-shirt getting out of his car and then breaking into the backseat window of the Tesla parked next to him.

Inside Edition - Weird - 1 day ago

Analysts: Tesla-China EV market race still tough, despite self-driving win

Tentative approval for the full roll out of the company’s complete driver assistance software amid an EV price war

Voice of America - US News - 1 day ago

BP set for slower first quarter profits and revenue amid lower oil prices

The oil super major will report first quarter earnings in an update on Tuesday May 7.

Evening Standard - Business - 1 day ago

TECOM GROUP Q1 2024 NET PROFIT INCREASES 15% TO EXCEED AED 290 MILLION WITH OCCUPANCY LEVELS REACHING HISTORIC HIGHS

Dubai, UAE, 3 May 2024 – TECOM Group PJSC (DFM: TECOM), (the “Company” or the “Group”), the creator of specialised business districts and vibrant commun

Albawaba - Business - 1 day ago

Don't rate Tesla Full Self Driving too highly, tech investor says: 'By no means autonomous driving'

A top fund manager focusing on tech says Tesla's Full Self Driving product lacks qualities that would make it an example of truly "self-driving" technology.

CNBC - Top Stories - 1 day ago

Don't rate Tesla's Full Self Driving too highly, top tech investor says

A top fund manager focusing on tech says Tesla's Full Self Driving product lacks qualities that would make it an example of truly "self-driving" technology.

CNBC - Technology - 1 day ago

Marijuana Reclassification Puts Politics and Profits Ahead of Public Health

The first major change to federal marijuana laws may be on the horizon now that it has been leaked the Biden administration intends to reschedule marijuana.

Newsweek - Opinion - 2 days ago

Apple Profit Ebbs As IPhone Sales Under Pressure

Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback.

International Business Times - Business - 2 days ago

Tesla's pullback in EV charging could slow state's progress

Massachusetts may have fewer options for building EV charging stations after market leader Tesla pulled back this week.

Boston Globe - Business - 2 days ago

Arson Attacks: Left Extremists Promise 'Week of Action' Against Teslas

Hard-left activists claim responsibility for arson attack against Amazon trucks, promises an "exciting week of action against Tesla" to come.

Breitbart - Technology - 2 days ago

Shell's bumper £6.1bn profits sparks anger from climate campaigners

Think-tank the IPPR said Shell ‘can’t be trusted to drive the green transition’

Independent UK - Business - 2 days ago

Shell profits surprise as it battles major investors on climate commitments

Europe's largest oil and gas firm reveals a further round of investor rewards on the back of much stronger than expected profits.

Sky News - Top Stories - 2 days ago

TikTok local profits surge as potential ban looms

New figures show TikTok is a money-making machine locally, despite mounting political and regulatory pressure.

Sydney Morning Herald - Technology - 2 days ago

Tesla's HR chief leaves company after swathe of job cuts

Yet another senior staff member at EV giant has followed hundreds of employees in leaving the company this week

Independent UK - Technology - 3 days ago

Tesla Backtracks on Supercharger Expansion Plans After Firing Entire Charging Team

Elon Musk's recent decision to fire Tesla's entire charging team has reportedly already led to the company pulling back on its plans to expand the Supercharger network. EV owners already face difficulties finding working charging stations, especially during busy travel times, and these difficulties aren't likely to be lessened anytime soon.

Breitbart - Technology - 3 days ago

Tesla retreats from next-generation 'gigacasting' manufacturing process

Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with thousands of tons of clamping pressure to die-cast large sections of the car's underbody.

CNBC - Technology - 3 days ago

CVS shares plummet 18% as health company slashes profit outlook

CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.

CNBC - Health - 3 days ago

Tesla staff say entire Supercharger team fired -- The division responsible for the car-maker's huge fast-charging network is being axed to cut costs.

The division responsible for the car-maker's huge fast-charging network is being axed to cut costs.

BBC News - Technology - 3 days ago

Customers left in limbo as Musk disbands Tesla EV charging team

Automakers preparing to integrate new electric vehicles (EVs) into the Tesla Supercharger network have been caught off guard by Elon Musk's sudden...

Daily Sabah - Business - 3 days ago

Tesla shares drop nearly 6% after Musk cuts about 500 jobs in Supercharger team

Tesla is continuing a sweeping reorganization and laying off some 500 employees from its Supercharger team.

CNBC - Technology - 4 days ago

Amazon profit more than triples, topping Wall Street expectations

Wall Street expects Amazon to report 12% revenue growth, a modest acceleration from a year earlier.

CNBC - Technology - 4 days ago

Tesla sales have peaked in California, industry group predicts

Tesla's sales fell in California for the second straight quarter, suggesting its popularity in the state may have peaked, industry group says.

Los Angeles Times - Business - 4 days ago

Comrade Elon: Tesla Shares Rise 15% After Sweetheart Deal with Chinese Government

Shares of Elon Musk's Tesla went up 15 percent on Monday after the electric carmaker reached a key milestone to roll out its advanced driver-assistance technology Full Self Driving (FSD) in China.

Breitbart - Technology - 4 days ago

Tesla to cut hundreds more jobs in Musk cost push: report

New York: Tesla plans hundreds of additional job cuts beyond a recent company wide layoff as it cracks down on costs in a tough electric vehicle marke...

Peninsula Qatar - Top Stories - 4 days ago

Lilly rides Mounjaro, Zepbound to better-than-expected 1Q profit despite supply issues

Rapidly climbing sales of the new obesity drug Zepbound and its counterpart for diabetes, Mounjaro, pushed Eli Lilly to a better-than-expected first-quarter profit.

AP News - Health - 4 days ago

Tesla layoffs: Elon Musk fires top executives, hundreds of employees amid falling sales

Elon Musk is on a roll; from surprise trips to China to become the world's second richest man, the billionaire chief executive has become unstoppable, The Deccan Herald reported.Now, Musk is...

International The News - Business - 4 days ago

Elon Musk meets with China to secure deal Tesla deal for self-driving cars

Elon Musk made a surprise visit to China to secure a major deal for Tesla to expand self-driving car operations. Musk praised China’s push for electric vehicles in the world’s largest car market.

NBC News - Technology - 4 days ago

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips.

AP News - Technology - 4 days ago

Tesla stock soars on China deal rumors

Tesla CEO Elon Musk has reportedly taken steps toward bringing autopilot software to China, causing shares in the automaker to surge

Russia Today - Business - 5 days ago

Lawsuits Challenge Elon Musk's Claim of Driver Responsibility in Tesla Autopilot Crashes

As Elon Musk's Tesla faces multiple lawsuits and a federal investigation, the company's assertion that drivers are solely responsible for crashes involving its Autopilot technology is coming under intense scrutiny.

Breitbart - Technology - 5 days ago

Elon Musk wins big in China with key hurdles in launching self-driving Tesla cleared

Space X chief executive Elon Musk after cancelling highly anticipated India trip was seen on a surprise visit to China where he met senior Chinese officials and other experts, Hindustan Times...

International The News - Technology - 5 days ago

Tesla clears key regulatory hurdles for self-driving in China during Musk visit

On Monday, two separate sources told Reuters Tesla had reached an agreement with Baidu to use the Chinese tech giant's mapping license for data collection on China's public roads.

Voice of America - Technology - 5 days ago

Tesla CEO Musk Meets China's Number Two Official In Beijing

Tech billionaire and Tesla CEO Elon Musk met in Beijing on Sunday with China's number two official, Premier Li Qiang, who promised the country would "always" be open to foreign firms.

International Business Times - Technology - 5 days ago

Banks expected to report more than $15b in half-year profits

Despite continued pressure on bank profit margins, analysts expect the big four to post relatively resilient earnings over the next two weeks.

Sydney Morning Herald - Business - 6 days ago

California doctor was suffering delusions when he drove Tesla off cliff with family inside: psychologist

Dharmesh Patel allegedly tried to kill his wife and two children by driving his Tesla off a 250-foot cliff in California in January 2023.

Fox News - US News - 6 days ago

Elon Musk makes surprise visit to China in push for autonomous Teslas

Musk’s Gulfstream private jet with tail number N272BG landed in Beijing on Sunday morning

Independent UK - Technology - 6 days ago

Microsoft profits surge on AI as Meta stock takes hit

Investment in artificial intelligence has been a boon for Microsoft, while investors reacted with worry to Meta’s AI plans

Independent UK - Technology - 9 days ago

Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours

Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms.

AP News - Technology - 10 days ago

Biogen tops profit estimates as cost cuts take hold, Leqembi launch picks up

Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.

CNBC - Health - 10 days ago

Tesla axes new Model 2, but promises cheaper cars

Tesla said on April 23 it would introduce 'new models' by early 2025 using its current platforms and production lines as it retreated from more ambitious plans to produce an all-new model that had been expected to cost $25,000.

The Globe and Mail - Business - 10 days ago

Tesla profits have halved. Can a cut price model save its fortunes?

The carmaker has announced a big fall in profits as demand for electric vehicles stalls, writes James Moore. Is this down to Elon Musk or is the entire electric vehicle industry suffering from engine problems?

Independent UK - Technology - 10 days ago

Elon Musk promises cheaper cars as Tesla revenue drops

Cheaper vehicles could be stripped-down versions of older models

Independent UK - Technology - 10 days ago

Tesla profits down 55 per cent amid job losses and delivery issues

Elon Musk’s electric vehicle maker’s revenues have fallen to $21.3bn, the largest decline since 2012. It is a far cry from 2021 when company became first automaker valued at more than $1 trillion

Independent UK - Technology - 11 days ago

Tesla to speed up rollout of cheaper electric cars

Carmaker reported its biggest drop in sales in more than a decade

Telegraph UK - Technology - 11 days ago

Axed Tesla staffers say chaos will lead to quality getting 'worse'

Several newly-unemployed workers told Io Dodds that the layoffs seemed to strike chaotically, without rhyme or reason, with Elon Musk’s actions resulting in one investor declaring: “Only him and Kanye West have reached this level of people’s distaste”

Independent UK - Business - 11 days ago

Elon Musk plots new direction after Tesla's electric car crisis

Billionaire plots new direction amid pressure to crack the code of self-driving cars

Telegraph UK - Technology - 11 days ago

Tesla cuts prices globally after Cybertruck recall and stock downturn

Price cuts come days after Elon Musk laid off 10 per cent of EV maker’s global workforce

Independent UK - Technology - 12 days ago

Tesla recalls nearly 4,000 Cybertrucks due to faulty accelerator pedal

Tesla's Cybertrucks are being recalled due to a faulty accelerator pedal, just five months after the electric pickups were delivered to drivers.

Los Angeles Times - Business - 15 days ago

Tesla recalls all cybertrucks as they can 'unintentionally accelerate'

Pedal can become ‘trapped’, raising risk of crash, regulators say

Independent UK - Technology - 15 days ago

Tesla Recalls Thousands Of Cybertrucks Over Faulty Accelerator Pedal

Accelerator pedal pads on the futuristic, all-electric vehicles have a risk of getting stuck, potentially causing them to crash, federal safety officials said.

Huffington Post - Business - 15 days ago

Tesla recalls Cybertrucks as faulty accelerator pedals blamed on soap

Pickup’s pedals found to get stuck and cause the car to potentially crash

Telegraph UK - Technology - 15 days ago

What's Driving Tesla's Layoffs? -- What Next: TBD

The market isn’t as enthusiastic about the move to self-driving vehicles as Musk is, it seems.

Slate - Technology - 15 days ago

Tesla shares drop below $150 days after Musk sacked 14k people

The price drop comes amid a difficult year for the electric vehicle company, which already lost $200bn in market value this year

Independent UK - Technology - 16 days ago

Netflix's password-sharing crackdown is paying off as profits beat Wall Street's forecast

Netflix on Thursday released its first-quarter earnings, which topped analyst estimates in terms of subscriber additions and profit.

Los Angeles Times - Technology - 16 days ago

Tesla settles lawsuit over Apple engineer's fatal Autopilot crash

Elon Musk’s carmaker avoids court case that would have put spotlight on self-driving technology

Telegraph UK - Technology - 25 days ago

2023 WAS MOST PROFITABLE YEAR FOR WEAPONS SALES

Israel Aerospace Industries sees best year in arms sales amid war in Ukraine and in Gaza with profit up 49%; Subsidiary producing Iron Dome and David Sling's radars also sees arms sales soar

YNET News - Business - 1 month ago

Nvidia becomes the 'Taylor Swift of investors', Israelis profit too

Chip manufacturer showcases phenomenal results, adding an unprecedented $277 billion to its market value in a single day and propelling Wall Street to new heights; after acquiring Israeli Mellanox local staff profits from stock options

YNET News - Business - 2 months ago

Tata, MG cut EV prices in India, following Tesla, BYD globally. Is this the perfect time to buy EVs?

Tata EV became the first Indian automaker to offer massive discounts on EV, following Tesla and BYD's announcements of massive discounts on their products. Globally, the demand for EVs has cooled down, and so has the price. This is partly because of improvements in battery tech

First Post - Technology - 2 months ago

Private firms profiting from your vote: The role of the influence industry around the world

Digital campaigning tactics remain a key topic in 2024 elections around the world. These tools, mainly managed by private companies, are used by political actors to influence election outcomes worldwide.

Global Voices - Technology - 4 months ago

A Texas Billionaire's Associates Are Trying to Sink a School Tax Election via Their Dark Money Nonprofit

Tim Dunn’s public policy groups have helped ensure that tax hike language is attached to school bonds in the state. Now, that language is being used to undercut support for a bond in his hometown of Midland.

ProPublica - Politics - 6 months ago

Tesla opens floodgates for owners to test out automated driving

Elon Musk said "Full Self-Driving Beta" is available to anyone in North America who’s...

Houston Chronicle - Technology - 1 year ago

Fintechs Made "Massive Profits" on PPP Loans and Sometimes Engaged in Fraud, House Committee Report Finds

An investigation that began after reporting by ProPublica finds lax anti-fraud standards, executives who cashed in for themselves and contempt for small loan applications that would generate minimal fees. “Delete them,” one executive wrote.

ProPublica - Technology - 1 year ago