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Google, Tesla, Meta, inflation, campus protests

Economists Steve Moore and Michael Faulkder discuss the U.S. economy, which is growing at a slower pace than expected in early 2024, on “Kudlow.” -Anti-Israel protests intensify on campuses across the United States.Patriots owner Robert Kraft asks for donations -First quarter GDP plummets as inflation rises, creating new headaches for the Fed President Biden hints […]

Tesla Autopilot feature was involved in 13 fatal crashes, US regulator says | Tesla

U.S. auto safety regulators said Friday that an investigation into Tesla’s Autopilot identified at least 13 fatal crashes involving the feature. The investigation also found that the claims made by electric car manufacturers did not match reality. The National Highway Traffic Safety Administration (NHTSA) on Friday found at least 13 Tesla crashes in which at […]

Did Tesla do enough to fix Autopilot flaw following recall? NHTSA opens probe

The National Highway Traffic Safety Administration is investigating whether Tesla did enough to fix problems with its Autopilot technology in response to a major recall late last year following multiple crashes involving the driver-assistance system. . A federal agency has launched an investigation to “evaluate the validity” of Tesla’s December recall of more than 2 […]

REPORT: Tesla Driver On Autopilot Charged With Vehicular Homicide After Motorcyclist’s Death

Police charged a Tesla driver allegedly using the autopilot feature with vehicular homicide after a fatal collision Friday killed a motorcyclist, Fox 13 reported, citing court documents. Authorities arrested Carl Hunter, 56, who allegedly struck and killed the motorcyclist in Maltby, Washington, while looking down at his phone. The victim, Jeff Nissen, 28, was declared […]

Tesla has autonomous ride-hailing service in pipeline: what to know

Check out what’s being clicked on FoxBusiness.com Tesla and CEO Elon Musk this week shared a little more about their vision for the self-driving ride-hailing service the electric vehicle (EV) maker is building. This additional information was announced Tuesday, when the company announced its first-quarter financial results, which included updates on future models, robotaxis, artificial […]

Tesla stock soars after Elon Musk promises affordable EV

Tesla shares rose in early premarket trading Wednesday after CEO Elon Musk said he would accelerate the rollout of more affordable electric vehicles in hopes of boosting sluggish profits. It soared more than 11%. Musk’s announcement was aimed at calming jittery investors on Wall Street who were still digesting the company’s latest earnings report, released […]

Tesla Stock Surges Despite Dismal Quarter as Elon Musk Promises Affordable EVs by 2025

Tesla shares rose after CEO Elon Musk announced that the company aims to begin producing affordable electric vehicle models by early 2025, or perhaps later this year. Shares rose about 12% in premarket trading Wednesday. This recovery came despite dismal earnings, including a 55% drop in first-quarter net income. CNBC report Despite Tesla’s disastrous first […]

Tesla reports 9 percent dip in first quarter revenue

Electric vehicle (EV) company Tesla on Tuesday announced that first-quarter sales fell 9% from a year earlier. The sales decline is Tesla’s biggest since 2012, as the company faces declining sales and increased competition. Tesla cut the prices of three of its best-selling cars (Model X, Model Y, and Model S) by $2,000 each on […]

Tesla notifies thousands in Texas and California of impending layoffs

“Varney & Company” host Stuart Varney discusses whether Elon Musk’s latest technology bet will pay off for investors. Tesla has notified thousands of employees in two states that they will be laid off in an upcoming round of layoffs. The notifications in California and Texas, where electric vehicle (EV) manufacturers have a large presence, were […]