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Tesla stock surges as EV maker will 'accelerate' the launch of cheaper cars

Tesla said it would "accelerate" the launch of new models next year, including lower-cost cars, countering reports earlier this month it had scraped those plans.

Yahoo Finance 3 hours ago

TSLA
Texas Instrument stock rises on Q1 revenue beat, outlook

Texas Instruments (TXN) reported first-quarter revenue that topped estimates and providing an upbeat outlook for the upcoming quarter. The semiconductor giant reported revenue of $3.66 billion, exceeding expectations of $3.6 billion. Furthermore, the company's forward guidance has surpassed expectations, forecasting revenue of up to $3.9 billion, where analysts were expecting $3.78 billion. Yahoo Finance's Julie Hyman and Jared Blikre break down the report. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

Yahoo Finance Video 4 hours ago

TXN
Visa Q2 earnings top estimates as consumers continue to spend

Visa (V) reported better-than-expected second quarter results. Adjusted earnings per share of $2.51 topped estimates of $2.09. Net revenue was $8.78 billion compared to an expectation of $8.62 billion. Yahoo Finance's Julie Hyman and Jared Blikre break down the report. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.

Yahoo Finance Video 5 hours ago

V
JetBlue stock plunges as much as 19% as profitability goal hits setback

JetBlue lowered its 2024 outlook in a setback toward profitability.

Yahoo Finance 9 hours ago

DAL

SAVE

UAL
Spotify turns a profit as earnings and revenue beat estimates

Spotify reported first quarter earnings before the bell on Tuesday. Here's what to know.

Yahoo Finance 11 hours ago

AMZN

SPOT

GOOG
Tesla Q1 earnings: Wall Street's expectations after 2024 woes

Many eyes on Wall Street look towards Tesla (TSLA) as the EV maker gears up to report its first-quarter earnings for 2024. The EV maker has had a bumpy start to the year as its faced fierce competition in China and the US causing price cuts on its vehicles, with shares of the company sliding to a 15-month low. Yahoo Finance Senior Reporter Ines Ferré joins The Morning Brief to break down everything Tesla has faced recently as well as what investors should expect before it reports after Tuesday's market close. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

Yahoo Finance Video 12 hours ago

TSLA
Why the Magnificent 7's 'momentum is collapsing'

Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say.

Yahoo Finance 18 hours ago

AMZN

^IXIC

GOOG
Dow Jones Futures: Market Rallies, But Big Tests Loom; Tesla Soars On 'Affordable' EV, Elon Musk

The rally attempt gained steam Tuesday. Tesla leapt late as it said an "affordable" EV is coming. Elon Musk is on the call.

Investor's Business Daily 9 minutes ago

TSLA

^GSPC

^DJI
Q1 2024 General Electric Co Earnings Call

Q1 2024 General Electric Co Earnings Call

Thomson Reuters StreetEvents 9 minutes ago

GE
Q1 2024 Spotify Technology SA Earnings Call

Q1 2024 Spotify Technology SA Earnings Call

Thomson Reuters StreetEvents 9 minutes ago

SPOT
Asian Stocks Track US Tech Gains, Eyes on Weak Yen: Markets Wrap

(Bloomberg) -- Stocks in Asia advanced after a US rally in tech heavyweights, whose high-stakes earnings are considered by Wall Street investors a major test of the equities bull run.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsBiden’s New Chopper Is Demoted After Scorching White House LawnRay Dalio’s Famous Trade Is Sputtering, Investors

Bloomberg 21 minutes ago

TSLA
Tesla (TSLA) Q1 2024 Earnings Call Transcript

TSLA earnings call for the period ending March 31, 2024.

Motley Fool 40 minutes ago

TSLA
Visa (V) Q2 2024 Earnings Call Transcript

V earnings call for the period ending March 31, 2024.

Motley Fool 55 minutes ago

V
Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo

Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in the near term. The world's top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 million vehicles before investing in new manufacturing lines. "This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex efficient manner during uncertain times," the company said.

Reuters 1 hour ago

TSLA
Tesla Speeds Plan for Cheaper Cars, Calming Fears Over Strategy

(Bloomberg) -- Tesla Inc. is accelerating the launch of less-expensive cars in a bid to revive sagging demand following another disappointing quarter.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsBiden’s New Chopper Is Demoted After Scorching White House LawnRay Dalio’s Famous Trade Is Sputtering, Investors BailingThe electric-vehicle make

Bloomberg 1 hour ago

TSLA
LG Energy Solution to license out battery patents to block tech infringement, exec says

LG Energy Solution said on Wednesday it would launch a new business model of licensing out its battery technologies next month, as infringements of the South Korean company's patents surge with competition to supply electric vehicle makers. LGES, the world's second-largest EV battery producer after China's CATL, will also consider issuing warning notices or suing those it suspects are infringing its patents, Lee Han Sun, head of LGES' intellectual property center, said in an interview. "Over the past two or three years, myriads of latecomers have sprung up in the EV battery sector globally, resulting in the spread of a price war and patent infringements," Lee said.

Reuters 1 hour ago

TSLA
Tesla Accelerates Rollout of More-Affordable EVs as Profit Drops Sharply

The company’s shares rose in after-hours trading following news that the EV maker is looking to bring new models to market sooner than previously planned.

The Wall Street Journal 1 hour ago

TSLA
Tesla’s Earnings: Elon Musk’s Future and Other Takeaways

Tesla spent much of its earnings call Tuesday shifting attention away from its rough first-quarter results by highlighting the carmaker’s efforts in other technologies—particularly self-driving cars. **Coming Soon: A Lower-Priced Car** Musk said Tesla was accelerating the launch of new models, including vehicles that would sell at more affordable prices. The company declined to share details about the new models Tesla has in the works, including how much they would differ from existing offerings.

The Wall Street Journal 1 hour ago

TSLA
Tesla could start selling Optimus robots by the end of next year, Musk says

Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as the end of next year, chief executive Elon Musk said on Tuesday. Several companies have been betting on humanoid robots to meet potential labor shortages and perform repetitive tasks that could be dangerous or tedious in industries such as logistics, warehousing, retail and manufacturing. Musk told investors on a conference call that he guessed the Tesla robot, called Optimus, would be able to perform tasks in the factory by the end of this year.

Reuters 1 hour ago

TSLA
Google Delays Phase-Out of Browser Trackers to Next Year

Google said in a statement that it had received “divergent feedback from the industry, regulators and developers” on Privacy Sandbox.

PREMIUM
The Information 2 hours ago

GOOG

Performance Overview

Return	1071.HK	SSE Composite Index
YTD	+27.09%	+1.52%
1-Year	+33.45%	-8.52%
3-Year	+143.41%	-13.07%

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Related News

Tesla stock surges as EV maker will 'accelerate' the launch of cheaper cars

Texas Instrument stock rises on Q1 revenue beat, outlook

Visa Q2 earnings top estimates as consumers continue to spend

JetBlue stock plunges as much as 19% as profitability goal hits setback

Spotify turns a profit as earnings and revenue beat estimates

Tesla Q1 earnings: Wall Street's expectations after 2024 woes

Why the Magnificent 7's 'momentum is collapsing'

Dow Jones Futures: Market Rallies, But Big Tests Loom; Tesla Soars On 'Affordable' EV, Elon Musk

Q1 2024 General Electric Co Earnings Call

Q1 2024 Spotify Technology SA Earnings Call

Asian Stocks Track US Tech Gains, Eyes on Weak Yen: Markets Wrap

Tesla (TSLA) Q1 2024 Earnings Call Transcript

Visa (V) Q2 2024 Earnings Call Transcript

Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo

Tesla Speeds Plan for Cheaper Cars, Calming Fears Over Strategy

LG Energy Solution to license out battery patents to block tech infringement, exec says

Tesla Accelerates Rollout of More-Affordable EVs as Profit Drops Sharply

Tesla’s Earnings: Elon Musk’s Future and Other Takeaways

Tesla could start selling Optimus robots by the end of next year, Musk says

Google Delays Phase-Out of Browser Trackers to Next Year

Performance Overview