finance.yahoo.com

MOSCOW (Reuters) -...

Tesla was under pressure Thursday after issuing a warning about production growth in 2024 and reporting Q4 results that fell short of expectations.

Intel beat it’s revenue and earnings projections for Q4, but posted weak guidance for Q1 2024, resulting in a 12% share price drop after hours....

I’m enjoying this. Also Musk went out and said that he wants barriers on trade or else the Chinese companies will dominate the market....

Tesla opened -9% this morning, then quickly dropped to -10%, 11%, and beyond as the hours went by....

ASML is the only company that produces equipment needed to make the most sophisticated semiconductors, and demand for its products is a bellwether for the industry’s health.

cross-posted from: lemmy.ml/post/10623652...

TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.

TL:DR author’s positing that despite the public narrative we (gen x and millenials) are mostly better off (especially financially) than prior generations and at least partly due to actions from boomers....

Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said....

Cummins Inc. has agreed to pay an over $1.67 billion penalty to settle claims by regulators that the engine manufacturer unlawfully altered hundreds of thousands of pickup truck engines to bypass emissions tests. According to the U.S. Justice Department, which announced the agreement in principle Thursday, Cummins' alleged...

The nine people, who spoke to Reuters on condition of anonymity because of the sensitivity of the matter, said Tesla had yet to crack dry-coating at the industrial scale needed to make 4680 batteries fast enough to hit its production targets....

Consumers are eager to fill up their stockings, even if they don’t have the means to do so.