Tesla Defect Probe Escalates After Nearly 2,400 Steering Complaints
US authorities upgraded an investigation into a possible defect involving Tesla Inc.’s top-selling models after identifying almost 2,400 complaints about…
Amazon stock pops as earnings beat
Amazon (AMZN) reported fourth quarter earnings that beat analysts’ expectations Thursday and delivered an optimistic outlook for the months ahead.…
Tesla to bring LFP battery supply chain to US
Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries…
Volvo Cars to stop funding Polestar, may hand stake to Geely
Volvo Cars said on Thursday it would stop funding Polestar Automotive Holding and was handing responsibility for the struggling luxury…
How Microsoft is in ‘the pole position’ for next gen AI PCs
Microsoft (MSFT) posted its latest quarterly earnings showing revenue increased nearly 18% year-over-year to $62.02 billion, beating Wall Street expectations…
Snowflake (NYSE: SNOW) Emerges as the Next Investment Star Amidst Nvidia’s Dow Dominance
Nvidia’s forefront position in advanced graphics processing units (GPUs) has made it one of the most important players in the…
Looking beyond Tesla, explore the potential of this remarkable auto stock instead
During the last three months of 2024, Tesla reported a 3% revenue increase on a year-over-year basis, a sharp slowdown…
Amazon wants to shape the future of car-buying. Dealers are skeptical
The total addressable market for new and used car sales in the U.S. is estimated to be somewhere between $2.5…
Tesla is now worth more than Toyota, Disney and Coke
Elon Musk’s electric car business exceeds the value of almost every company in the S&P 500, including some iconic American…
Alaska Air’s grounding of Boeing 737 Max 9 fleet to cost $150 million
Alaska Air Group Inc. said Thursday that it expects the grounding of its Boeing 737 Max 9 fleet to cost…