Investors sent the electric vehicle maker’s shares down sharply in after-hours trading after the company warned about uncertain customer demand.
Category: Musk, Elon
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Tesla Investors Worry About the Carmaker’s Future
The New York Times – Business: -
Tesla’s Profit Jumped in Third Quarter on Strong Sales
The New York Times – Business:The electric carmaker is growing fast but investors are worried that sales are starting to slow because of higher prices and interest rates.
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What the Banks Stock Rally Says About Wall Street
The New York Times – Business:A strong batch of earnings have propelled bank stocks in recent days, but investors remain more cautious on the outlook of Goldman Sachs and Morgan Stanley.
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Elon Musk Says His Company Will Continue to Fund Internet Service in Ukraine
The New York Times – Business:The service has been crucial for communications in Ukraine’s army as it advances into territory occupied by Russia.
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Elon Musk Foments More Geopolitical Controversy With Ukraine Internet Dispute
The New York Times – Business:The world’s richest man, whose Starlink internet service is critical to the Ukrainian Army, said he could not “indefinitely” fund the system’s use in Ukraine.
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A “Roller Coaster” Day Whipsaws Markets
The New York Times – Business:Not even a worse-than-expected inflation report could sap investor enthusiasm. But analysts and traders worry that unpredictable market moves will continue.
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Last Inflation Report Before Midterms Tests Stock Market
The New York Times – Business:Higher-than-expected inflation data gave cold comfort to policymakers and investors alike.
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UK Markets Thrown Into Turmoil Once Again
The New York Times – Business:The central bank confirmed it will let a debt-buying program expire, worrying investors about the stability of the market for government bonds.