US stocks slide after better-than-expected retail sales
Us benchmarks are now in positive territory after being thrown a curve ball by solid US retail sales figures
Company
Tesla Inc
NASDAQ:TSLA
Tesla Inc designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offer services related to its products. The company's segments include automotive, and energy generation and storage.
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US stocks slide after better-than-expected retail sales
Expectations of a firm start got the kibosh as better than expected retail sales or July raised the prospect of an early interest rate rise.
Tesla Motors' automotive technology revolution is not cheap as the company’s losses increase in the second quarter.
During the quarterly results call on August 5, Tesla lowered its delivery targets for the rest of the year from a minimum of 55,000 vehicles to a range of 50,000 to 55,000. In 2014, the California based manufacturer delivered 35,000 cars.
Wall Street retreats on poor earnings from media companies
Wall Street sank today as a spate of poor earnings reports from media companies dragged the sector index to its worst two-day loss since the financial crisis. The S&P 500 (INDEXSP:.INX) sank 0.7 percent to 2,085.19 at 3:48 p.m. in New Y
U.S. index-futures little changed amid job claims data; Mondelez climbs, Tesla drops
U.S. stock-index futures were little changed amid corporate earnings while data showed jobless claims hovered near four-decade lows, that is likely to give clues regarding the timing of a rate increase by the U.S. Federal Reserve. Futures f
Lithium – the metal of the future (if there's enough)
Tesla is not alone in advancing lithium-powered battery technologies. It’s headline-grabbing stuff - Elon Musk says that his Tesla Corporation (NASDAQ:TSLA) aims to accelerate technological and market development by up to ten ye
Lithium – the metal of the future (if there's enough)
Tesla is not alone in advancing lithium-powered battery technologies.
Wall Street slides on weak results from IBM, United Technologies
Wall Street dropped today on the heels of results from IBM and United Technologies which curbed some optimism over earnings season while investors awaited quarterly profits from tech giants including Apple and Microsoft. The S&P 500 (IN
Wall Street rallies on renewed hopes over Greek debt deal
U.S. stocks rallied Friday and were on track for weekly gains after fresh Greek economic proposals appeared to put Athens closer than ever to striking a bailout deal with its creditors. The S&P 500 (INDEXSP:.INX) added 1.3 percent to 2,
Wall Street set to inch higher on optimism Greece to strike deal with creditors
U.S. stock-index futures were sharply higher today mid optimism that proposals Greece submitted to its creditors will pave the way for a bailout deal. Futures for the Dow Jones Industrial Average climbed 0.8 percent to 17,595, while those f
Wall Street tumbles as China equities plunge stokes global growth worries
Wall Street lost more than 1 percent before the close today as market turmoil in China overshadowed Greece's debt crisis, while trading on the New York Stock Exchange resumed after a three-hour halt. The S&P 500 (INDEXSP:.INX) sank 1.5
Wall Street edges lower after jobs data ahead of Greece referendum
Wall Street inched lower today as jobs data reflected a more moderate pace of economic growth and investors looked toward to a weekend referendum in Greece. The S&P 500 (INDEXSP:.INX) skidded 0.1 percent to 2,075.65 at 3:38 p.m. in New
Tesla's CFO resigns as company gets ready to launch SUV and improved home battery
Deepak Ahuja, who joined the company in 2008 will leave his post later this year, staying on during the management transition until the appointment of his successor, said Tesla’s CEO, Elon Musk at the AGM in Mountain View.