U.S. stocks recorded weekly losses on Friday as traders scaled back expectations on the timing of rate cuts.
Read More S&P 500, Nasdaq choppy as higher bond yields weighTag: Tesla
Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition
Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker.
Read More Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competitionTesla quarterly deliveries fall for the first time in nearly four years
The Elon Musk-led company’s shares fell 5.3% in early trading and were on track to lose about $30 billion in market value.
Read More Tesla quarterly deliveries fall for the first time in nearly four yearsMusk Announces All Teslas Will Be Equipped With Full Self-Driving Tech Demo
Elon Musk has now called on his car manufacturing employees to install the premium driver assistance system into every Tesla vehicle from this point forward in order to show drivers a demo that will be free for a one-month trial.
Read More Musk Announces All Teslas Will Be Equipped With Full Self-Driving Tech DemoLawsuit by Elon Musk’s X against hate speech watchdog heads to court
Legal battle ensues as X challenges the Center for Countering Digital Hate’s criticism of hate speech.
Read More Lawsuit by Elon Musk’s X against hate speech watchdog heads to courtTesla must face class action claims by 6,000 US workers in race bias case
A California state judge tentatively rules in favor of 6,000 Black factory workers for alleged race discrimination and harassment.
Read More Tesla must face class action claims by 6,000 US workers in race bias case