Aug 5 (Reuters) - SAIC Motor Corp Ltd:
* SAYS IT SOLD 483,726 VEHICLES IN JULY VERSUS 454,792 VEHICLES YEAR AGO Source text in Chinese: https://bit.ly/2OaFKcs Further company coverage: (Reporting by Hong Kong newsroom)
Meta reported its Q1 earnings after the bell, beating analysts' expectations on the top and bottom, but a disappointing Q2 forecast sent shares falling.
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Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
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The company recently attempted to fend off short sellers by advising investors on ways to prevent their shares from being loaned for short-interest positions.
CEO Larry Ellison said the relocation will help the company better integrate with the healthcare industry.
After a dismal quarter for Tesla, CEO Elon Musk tried to reassure investors the company’s real value was its effort to perfect self-driving cars.