Elon Musk is pivoting Tesla
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Tesla plans to soon start benefiting from a business that CEO Elon Musk once described as a "license to print money." The company said its lithium refinery based just outside of Corpus Christi, Texas,
The 'Fast Money' traders on how they are playing Tesla after earnings boosts stocks.
Full-year revenue dropped to $94.8 billion from $97.7 billion as Tesla rode the wave of consumer demand that forced consumers to rush to dealerships to take advantage of the expiring $7,500 government tax credit, then abandon EV sales after it expired at the end of September.
Officials said Tesla would spend big on AI and other new projects this year, more than doubling capital expenditures to $20 billion.
Even without considering valuation, Meta Platforms already looks like a better bet in the era of AI. Not only is its business already benefiting from AI, with accelerating revenue growth, but the company has contingency plans for what it can do with its AI compute power if a generational paradigm shift doesn't occur as Zuckerberg hopes it will.
Q4 2025 earnings preview, we'll look at what the street and retail investors expect for the quarterly results.
NEW YORK (AP) — Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics, expiring U.S. tax breaks for buyers and stiff overseas competition pushed sales down for a ...