China’s electric vehicle makers are on track to hit ambitious annual sales targets as they emerge as the victors from an intense price war that’s seriously wounded legacy foreign brands in the world’s biggest auto market. Analysis by Hyperdrive points to an improved picture for the major Chinese EV players at the end of the…
Stocks climbed on Monday, the start of a busy week for corporate earnings and one with key economic data on the way that will set the stage for the next Federal Reserve decision. All major groups in the S&P 500 gained, with the exception of energy shares that joined a plunge in oil as markets…
Two weeks after a robotaxi event that failed to inspire, Tesla re-pivoted rather more successfully — back to the car business. And yet Wednesday evening’s earnings call echoed the vagueness and confusion that marked that earlier event. Altogether, it tees up a high-stakes fourth quarter and, more importantly, 2025. Tesla beat the consensus earnings estimate…
This is the first episode of Citizen Elon, a miniseries within the Elon, Inc. podcast. Listen and subscribe to Elon, Inc. on Apple, Spotify, iHeart and the Bloomberg Terminal. At the center of the 2024 election is a kind of mystery. Elon Musk—who as recently as a few months ago seemed to deny that he…