Tesla posts $700M Q1 loss
Tesla posted a $702.1 million net loss in the first quarter as sales of its electric cars slumped and demand appeared to be waning.
Tesla posted a $702.1 million net loss in the first quarter as sales of its electric cars slumped and demand appeared to be waning.
The S&P 500 closed at an all-time high Tuesday, marking the stock market’s complete recovery from a nosedive at the end of last year.
Coca-Cola Co. surprised investors with a better-than-expected first quarter but cautioned that it’s still expecting slower growth for the full year.
The British government has started the process to appoint the successor to Mark Carney as governor of the Bank of England.
U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles because the bags may not inflate in a crash.
Elon Musk, the chief executive of electric car company Tesla, has said he expects the firm to have self-driving “robotaxis” on the road by 2020.
Sales of US existing homes down 4.9% in March to mark slow start to spring-home-buying season.
Twitter says 1Q profit triples, user numbers post healthy growth.
The financial condition of the government’s bedrock retirement programs for middle- and working-class Americans remain shaky, with Medicare pointed toward insolvency by 2026.
A US-China trade deal – if it happens – is unlikely to end the rivalry between the two economic giants.