Tesla Inc. stock rises Monday, outperforms market

Shares of Tesla Inc. TSLA, +3.10% rallied 3.10% to $927.96 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.62% rising 0.62% to 13,128.05 and the Dow Jones Industrial Average DJIA, +0.45% rising 0.45% to 33,912.44. This was the stock’s second consecutive day … Read more

When Is Tesla’s 3-for-1 Stock Split?

Illustration by Elias Stein Text size Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders will get a “dividend” of two extra shares. The next day, Tesla stock will start trading at the new price—a third of … Read more

Over 1.7 Million Fords And Lincolns Are At Risk Of Being Recalled

Automotive giant Ford (F) back in 2020 recalled over 488,000 Ford Edge and Lincoln MKX cars over problems with its brake hoses, as over 50 drivers complained that their brake hose ruptured with no warning and started leaking brake fluid into the vehicle. While Ford examined the vehicles and replaced the brake jounce hoses with … Read more

Nvidia, Tesla, Disney: Stocks That Defined the Week

Nvidia corp. NVDA 4.27% A surge in computer chips is losing its charge. Semiconductor maker Nvidia on Monday warned that its fiscal second-quarter sales would fall well short of expectations amid a steep drop in gaming revenue. A day later, Micron Technology Inc. MU 4.36% also issued a revenue warning. Chip companies face softening demand … Read more

The Big Winners—and Losers—in the Inflation Bill

Text size Senate Majority Leader Chuck Schumer (D-NY) helped shepherd the Inflation Reduction Act through the Senate after earlier bills died. Drew Angerer/Getty Images The House of Representatives passed the Democrats’ sweeping $430 billion package of spending on energy and healthcare initiatives and tax proposals Friday. While it is not yet law, its effects are … Read more

Tesla’s Stock Will Split on Aug. 24

Illustration by Elias Stein Text size Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders will get a “dividend” of two extra shares. The next day, Tesla stock will start trading at the new price—a third of … Read more

10 Companies That Would Pay More Taxes Under the Inflation Reduction Act

Text size Packages ready to be sent to an Amazon center. Thomas Samson/AFP via Getty Images Some major companies, including Tesla spirit Amazon . com, are likely to face higher tax bills under the $750 billion Inflation Reduction Act, which was approved in the House on Friday. The legislation was approved in the Senate on … Read more

Tesla Inc. stock outperforms market on strong trading day

Shares of Tesla Inc. TSLA, +4.68% rallied 4.68% to $900.09 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +2.09% rising 2.09% to 13,047.19 and the Dow Jones Industrial Average DJIA, +1.27% rising 1.27% to 33,761.05. Tesla Inc. closed $343.40 below its 52-week … Read more

Calm Meditation App Is Reportedly Laying Off 20% of its Staff

Photo: Staff (Getty Images) Former employees at the meditation app Calm may need to stop and take a deep breath. On Thursday, the company’s CEO, David Ko, announced layoffs impacting 20% ​​of its roughly 400 employees in a memo to staff seen by Gizmodo. That 20% translates to around 90 employees. The memo comes amid … Read more

Used EVs: How to navigate the tight market for pre-owned electric vehicles

Car and SUV buyers are getting closer to a first-ever tax credit for used and certified pre-owned electric vehicles, which ideally helps expand EVs from a luxury splurge to mass-market uptake. But in addition to tight supplies that make both new and used conventional cars and EVs harder to come by, consumers must consider time … Read more