(Reuters) - Shares of Tesla Inc fell nearly 6% on Tuesday after a string of brokerages cut their price targets on the electric-vehicle maker's stock, citing the risk from Elon Musk's Twitter distraction. Tesla's shares hit a more than two-year…
(Reuters) -The world's largest investment banks expect global economic growth to slow further in 2023 following a year roiled by the Ukraine conflict and soaring inflation, which triggered one of the fastest monetary policy tightening cycles in recent times. The…
SHANGHAI (Reuters) -Tesla Inc will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision, a regulatory body said. The fix, which counts…
(Reuters) -Taiwan Semiconductor Manufacturing Co will offer advanced 4-nanometer chips when its new $12-billion plant in Arizona opens in 2024, spurred by U.S. customers including Apple Inc to do so, Bloomberg News reported on Thursday. TSMC is expected to announce…
By Paresh Dave OAKLAND, Calif. (Reuters) - Alphabet Inc's Google has struck at least 24 deals with big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc about $360 million…
By Nick Carey and Paul Lienert (Reuters) - U.S. and European startups are racing to develop new batteries using two abundant, cheap materials — sodium and sulfur — that could reduce China's battery dominance, ease looming supply bottlenecks and lead…
SHANGHAI (Reuters) - Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada, two people with knowledge of the planning told Reuters, a step that would connect its largest factory to North America, its largest…
By Angus Berwick and Tom Wilson (Reuters) - On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message. "I’m sorry,” he told them. “I fucked up.” The reason for the mea culpa:…
By Hyunjoo Jin SAN FRANCISCO (Reuters) - Tesla's dominant market share of the electric vehicle market in California slipped again this year, according to Reuters' calculations based on government data from January to September, as rivals up their game. Tesla…
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever And so it came to pass: the Fed raised interest rates by three quarters of a percent for the fourth consecutive meeting, cementing…