Posted inAutomobiles Company Reports Electric and Hybrid Vehicles Factories and Manufacturing Musk, Elon Tesla Motors Inc
45%
Tesla’s drop in profit in the second quarter.
Posted inAlphabet Inc Company Reports Nasdaq Composite Index Russell 2,000 Stock Index Standard & Poor's 500-Stock Index Stocks and Bonds Tesla Motors Inc
Tesla and Alphabet Earnings Prompt Big Tech Stock Decline
Disappointing earnings reports from the tech giants dragged the Nasdaq composite down 2.9 percent, amid a shift by investors to stocks of smaller companies.
Posted inAlphabet Inc Artificial Intelligence Company Reports Computers and the Internet Google Inc Mergers, Acquisitions and Divestitures Pichai, Sundar Wiz Inc
Alphabet Reports 29% Jump in Profit as A.I. Efforts Begin to Pay Off
Google’s parent company narrowly topped revenue and profit expectations, driven by its search engine and cloud unit, and it said A.I. investments were “driving new growth.”
Posted inArtificial Intelligence Automobiles Company Reports Driverless and Semiautonomous Vehicles Electric and Hybrid Vehicles Factories and Manufacturing General Motors Musk, Elon Taxicabs and Taxicab Drivers Tesla Motors Inc United States
Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales
The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.