The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.
Category: Company Reports
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Elon Musk Returns to His Tech Empire, Fighting Questions of Inattention
As Mr. Musk steps away from Washington, he faces concerns over his prolonged absence from his businesses including Tesla, SpaceX, xAI and X.
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U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand.
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C.E.O.s Are Trying to Avoid Trump’s Ire as Tariffs Hit Their Businesses
Public companies are obligated to tell investors how tariffs could affect corporate financial results. But some are trying to do it with euphemisms to avoid the president’s anger.
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British Retailer M&S Says Cyberattack Will Cost It $400 Million
The company also said it would take several more weeks to resolve issues relating to the attack, which came to light last month.
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Target Says Sales Fell Short In a Challenging Economy
The retailer’s sales fell short of expectations, and it slashed its full-year financial forecast, citing a “challenging” economy and backlash over its pullback from diversity policies.
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Walmart Warns About Ability to ‘Absorb’ Tariff Costs to Keep Prices Down
The retailer reported sales growth, especially in its e-commerce division, but also cautioned about economic uncertainty in the quarters ahead.
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Fox to Launch New Streaming Service, Fox One, This Fall
The new service will combine the company’s TV shows, cable channels and broadcast network, including National Football League games.
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British Airways Owner Buys 32 Boeing Planes Worth $13 Billion
IAG, the airline’s parent company, announced the order a day after Britain and the United States confirmed the framework for a trade agreement to lower tariffs.
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Baffled by the Trump Tariffs, C.E.O.s Lean on the Word ‘Uncertainty’
With little ability to see how far the Trump administration is taking its disruptive policies, corporations and investors face higher risks, our columnist says.
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Disney to Build a Magic Kingdom Theme Park in Abu Dhabi
Disneyland Abu Dhabi could become a growth engine for the company in the region. It could also expose Disney and its vaunted brand to criticism.