Elon Musk.Adrees Latif/Reuters Elon Musk has cut half of the company's workforce since taking over late October. Two ex-Twitter employees filed a class action lawsuit against the company accusing it discrimination. The lawsuit, filed in San Francisco Federal Court, alleges that Musk's policies had a "disproportionate effect" on women. According to the lawsuit's data analysis, Twitter laid off … [Read more...]

[TAG0][TAG1] Tesla's stock rose 7% on Monday in premarket trading. These gains were made after aggressive price reductions helped the EV manufacturer post record quarterly deliveries. Wedbush analyst Dan Ives stated that "this was another trophy quarter for Musk and co." Tesla's stock has just received a new boost. The EV maker announced record deliveries … [Read more...]

Billionaire Elon and commentator Bari WeissGetty Images/ MSNBC Bari Weiss, a conservative commentator, just dropped episode 2 of the "Twitter Files." Matt Taibbi, a journalist, dropped the first installation of the new information dump. Part two of the "Twitter Files", Thursday's second part, claimed to "reveal” a "secret operation in which Twitter limited the reach to certain accounts. But … [Read more...]

[TAG0][TAG1] Tesla has entered a segment that is already crowded with electric pickup trucks. Cybertruck is not compatible with existing truck accessories. Musk may have to adapt to the bigger truck ecosystem. Elon Musk, Tesla's CEO, will have a steep learning curve to overcome when the Cybertruck finally reaches customers' driveways later this year. Musk has taken … [Read more...]

---------------------------------------------------------------------------------------------------------------------------------------By: Oliver HaslamTitle: Tesla’s Left-Hand-Drive UK Vehicles Come With A Grabber For Your Drive-ThruSourced From: www.redmondpie.com/teslas-left-hand-drive-uk-vehicles-come-with-a-grabber-for-your-drive-thru/Published Date: Sat, 01 Jul 2023 00:10:18 +0000 … [Read more...]

All good things come to an end. Phil Rosen is reporting from New York. This is the last edition of 10 Things Before Opening Bell. I've had the honor of being in your inbox every morning for the past two years. I appreciate you sharing your mornings. Don't worry, I will still write for Insider. Please stay in touch. Please keep in touch. You will receive our flagship newsletter … [Read more...]

[TAG0][TAG1] According to an analyst, Ford and other old-guard competitors will continue to produce more EVs. A breakneck rally that began in late April has helped the tech giant's stock to soar 109% by 2023. Goldman Sachs, Morgan Stanley and other Wall Street giants warn that the stock is now overvalued. According to an analyst, Tesla's largest stock rally since 2020 … [Read more...]

---------------------------------------------------------------------------------------------------------------------------------------By: Oliver HaslamTitle: Volvo Says It’s Switching To Tesla’s NACS ChargerSourced From: www.redmondpie.com/volvo-says-its-switching-to-teslas-nacs-charger/Published Date: Wed, 28 Jun 2023 15:28:23 +0000 … [Read more...]

[TAG0][TAG1] Royal Caribbean and Carnival have been among the top five performers in the S&P 500 for this year. Other tech titans include Nvidia Tesla and Meta Platforms After the pandemic, both cruise lines have seen a strong rebound in their business. The S&P 500's two best performers this year had nothing to do either with self-driving vehicles, artificial … [Read more...]

Twitter staff received a memo from Elon Musk on Thursday, confirming that job cuts would be announced Friday.Carina Johansen/Getty Images According to Wedbush, Tesla will likely face more pressure from activist investors in 2023. According to Dan Ives, a Wedbush analyst, Tesla and Elon Musk may face greater pressure from activist investors by 2023. Tesla is an attractive target for activists … [Read more...]