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.
Elon Musk has finally pulled back the curtain on what Neuralink has been doing behind the scenes -- showing off their very first subject using their tech ... and.. TMZ.com
Elon Musk's net worth dropped nearly $40 billion this year, now totaling $189 billion, placing him third behind Bernard Arnault and Jeff Bezos. Tesla's declining share price contributed to the decrease. Despite challenges with Twitter's rebranding as X, Musk announced plans for a smart TV app. His proactive approach reflects his ongoing efforts to diversify and expand his ventures.
#ElonMusk #Tesla #elonmusk #elonmuskinterview #elonmusknews #elonmuskanddisney #Twitter #X #Oneindia #Oneindianews
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Tesla CEO Elon Musk announced on Wednesday that he has no plans to donate money to either candidate for US President.
"Just to be super clear, I am not donating money to either candidate for US President," Elon Musk said in a post on his social media platform X.
#USElection #ElonMusk #PresidentialCandidates #PoliticalDonations #Election2024 #NonPartisan #NoDonations #NeutralStance #PoliticalEngagement #CampaignFunding #ElectionFinances #PoliticalNeutrality #ElectionContributions #PoliticalInfluence #MuskDeclares #ElectionEthics #DonationRefusal #PoliticalStance #USPolitics #ElectionFunding
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An environmental group has published an open letter online claiming responsibility for a fire in a Tesla factory on Tuesday, which has since halted production.
Credit: euronews (in English) Duration: 01:00Published
McDonald's CEO , Talks Affordability , After Stock Prices Drop.
ABC reports that McDonald's has come under
fire by customers angry over recent increased
menu prices, which has prompted the CEO
to address the issue of affordability.
In the company's latest earnings call,
McDonald's CEO Chris Kempczinski discussed
the fast food chain's Q4 results, which were mixed.
In the company's latest earnings call,
McDonald's CEO Chris Kempczinski discussed
the fast food chain's Q4 results, which were mixed.
Global same-store sales were up 3.4%,
short of Wall Street expectations, while
domestic same-store sales were up 4.3%,
more closely aligned with "normalized growth.".
Shares in McDonald's dropped nearly
4% on the New York Stock Exchange after
the company's Q4 earnings were posted.
Shares in McDonald's dropped nearly
4% on the New York Stock Exchange after
the company's Q4 earnings were posted.
Kempczinski reportedly admitted that
the company's sales had dipped in
the wake of increased menu prices.
The fast-food chain noted reduced transactions
among lower-income customers making under
$45K a year, one of the company's core consumers.
Eating at home has
become more affordable.
The battleground is certainly
with that low-income consumer, Chris Kempczinski, McDonald's CEO, via ABC.
According to Kempczinski, customers may
have been forced to dine out less as prices
and inflation remain high for eating out. .
According to Kempczinski, customers may
have been forced to dine out less as prices
and inflation remain high for eating out. .
The CEO stressed that the company
remains in a good position with its
value menu offerings, while promising , "some activity at the local level to
make sure we continue to provide
value for the lower-income consumer.".
What you're going to see is
more attention to affordability.
Think about that as an absolute
price point, which is more
important for that consumer to
get them into the restaurants
than maybe value messaging.
We are set up well to go after that, Chris Kempczinski, McDonald's CEO, via ABC.
What you're going to see is
more attention to affordability.
Think about that as an absolute
price point, which is more
important for that consumer to
get them into the restaurants
than maybe value messaging.
We are set up well to go after that, Chris Kempczinski, McDonald's CEO, via ABC
Credit: Wibbitz Top Stories Duration: 01:31Published
In a historic shift in global markets, investors are pulling billions of dollars from China's economy, marking a turning point after two decades of considering China as the world's premier growth story. Wall Street giants, including Goldman Sachs Group Inc and Morgan Stanley, are now championing India as the prime investment destination for the next decade.
#WallStreet #India #China #GlobalInvestmentShift #IndiaInvestmentOpportunity #HedgeFundGoldRush #AsiaEconomicDivergence #IndiaGrowthStory #InvestingInIndia #CapitalFlowsIndiaChina #GlobalEquityMarkets #InvestorConfidenceIndia
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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.