Commentary It appears to be “game on” in the EV world. For over a decade, Tesla (TSLA) has dominated the public consciousness when it comes to electric vehicles (EVs). Other car manufacturers had tinkered with hybrids, but it was only Tesla that focused solely on creating a line of all-electric vehicles. Minor players like Fisker…
January Jobs Report: Stronger Than Expected; Automakers Report Record Earnings | NTD Business
A strong jobs report from the Labor Department Friday shows the job market is still tight. Where are the jobs, and how are companies trying to attract workers? Automakers are reporting record earnings. What are the most recent trends, and what are the obstacles? Interest rates in the European Union are staying steady. But the…
Big Business Still in China
February 4, 2022
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News Analysis Despite a growing outcry in democracies over the threat to human rights and international stability from China, and Beijing’s genocide against Uyghurs and other religious groups, major Western corporations continue to do business in the country, including with the military and police. Some of that business could be in violation of a new…
Tesla Recalls Over 800,000 Vehicles for Seat Belt Chime Defect
Tesla has issued a recall of 817,143 vehicles over a defect that causes seatbelt chimes to go silent under particular circumstances. “The audible chime may not activate when the vehicle starts and the driver has not buckled their seat belt,” the National Highway Traffic Safety Administration (NHTSA) said in their recall report (pdf). The recall will…
AT&T To Spin Off WarnerMedia in Discovery Merger; Hollywood Goes After TikTokers | NTD Business
AT&T spinning off Warner Media, merging it with Discovery. What does it mean for A-T-and-T’s business and its for its shareholders? Hollywood agencies turning their attention to Tik Tokers, why now and what are they after? And companies hiring in New York City will soon have to list pay ranges in job ads. What are the pros and…
Here’s Why Credit Suisse Upgraded Tesla
Credit Suisse analyst Dan Levy upgraded Tesla Inc. to Outperform from Neutral with an unchanged price target of $1,025, implying an upside of 21 percent. An attractive entry point has emerged in the shares following the recent selloff, Levy notes. The company is a “one of one,” says the analyst, who is “hard-pressed to find a stock that…
Elon Musk Says He’s ‘Driving’ the Tesla Bot Program Personally—Because He ‘Has to’
Tesla Inc CEO Elon Musk said on Sunday he is personally “driving” the company’s humanoid robot program that he revealed last year at the company’s AI Day. What Happened The billionaire entrepreneur was responding to a post on the micro-blogging site Twitter that claimed Musk was possibly doubling his bets on the humanoid AI robot…
Tesla Raises Concern Over Future Growth, Lucid Going Places, GM Aims EV Leadership and More
EV stocks had another down week amid the broader market rout, triggered by macroeconomic uncertainties. EV leader Tesla, Inc.’s earnings report did little to salvage the somber market mood. Here are the key events that happened in the EV space during the week: Tesla Earnings Disappointment, White House Snub & More Expectations were running high…
Tesla Sues Chinese Social Media Influencer for Defamation
American electric carmaker Tesla, Inc. is involved in another high profile lawsuit in mainland China. The company is suing a Chinese social media influencer for defamation. Mainland Chinese media Securities Times reported on Jan. 26 that Tesla would sue a Chinese social media influencer with the account named of Xiaogang Senior for reputation damage. The…
US Seeks More Information From Tesla on Distracted Drive Game Probe
WASHINGTON—U.S auto safety regulators on Tuesday said they have sought additional information from Tesla Inc. in its probe into 580,000 vehicles over the automaker’s decision to allow games to be played by passengers on the front center touchscreen. In December, the National Highway Traffic Safety Administration (NHTSA) opened a preliminary evaluation into 2017–2022 Tesla Model…
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