Tesla's fourth-quarter profit fell short of Wall Street expectations on Wednesday and the company failed to provide a clear target for 2021 vehicle deliveries, sending shares down 4.4% in extended trade.
Tesla's quarterly revenue has dropped for the first time in almost four years, according to financial result filings, demonstrating why the electric carmaker is.. Sky News
Elon Musk, CEO of Tesla, has deferred his visit to India to meet with Prime Minister Narendra Modi, attributing the delay to pressing commitments at Tesla. Musk expressed his intention to reschedule the visit for a later time this year. "Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year," Musk posted on his X account.
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Jairam Ramesh mentions Elon Musk delaying India trip due to Tesla commitments. Musk faces challenges with Tesla's Model 2 and anticipates announcing investments.. IndiaTimes
Morgan Stanley’s profits surged in the fourth quarter, comfortably beating estimates as the Wall Street bank’s trading business benefited from coronavirus-induced volatility in financial markets...
Goldman Sachs’ quarterly profit crushed Wall Street’s estimates, while Bank of America’s bottom line fell but breezed past analysts’ targets. Fred Katayama reports.
JPMorgan Chase, Wells Fargo, and Citigroup posted quarterly profits Friday that beat analysts expectations in what was expected to be a rather dreary quarter. Fred Katayama reports.
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