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Contrary to Samsung's optimistic outlook, second-quarter net profit declined 48% from a year earlier to 5.116 trillion won, equivalent to $3.67 billion. That missed the 5.740 trillion won consensus ...
Businesses in a range of industries have raced to figure out how to handle rising costs in the middle of a shakeup in global ...
Even as Tesla holds onto its spot as the top seller of electric vehicles in the United States, the shine is fading. In the ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
Matin Eberhard upset over Tesla's direction, China points at major brands in new car padding scheme and Tesla's new hardware ...
Tesla faces declining sales, contracting margins, and brand damage, with increased competition eroding its market share in ...
Tesla and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates declining electric ...
But Joel Lava, who has helped organize “Tesla Takedown” demonstrations and has spearheaded protests at the diner, believes ...
Tesla CEO Elon Musk said during a Q2 earnings call last week that Tesla's long-rumored "lower cost" new car will, in fact, be ...
Investor eyes are now turning to a jam-packed week on Wall Street. Heavyweight earnings highlight the most intense stretch of the season, with more than 150 S&P 500 companies set ...
Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division.
On that note, earnings season is upon us and two stood out to me: GM and Tesla. Both companies are facing pressure from ...
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