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New York Tesla had a stellar 2020: The electric car maker was added to the S&P 500 and the stock surged an electrifying 743%. But some investors have pulled the plug on the company lately.Tesla shares are nearly 25% below their all-time high set earlier in the year, and down 2% for 2021 to date -— a time when traditional automakers are surging as they ramp up electric vehicle ambitions.It seems investors are a bit infatuated with these legacy Big 3 automakers as they look to rapidly expand thei

Jim Cramer says investors should think of this market as a supermarket, where smart stock shoppers c

KEY POINTS Jeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed

BEIJING — One gauge of Tesla’ssuccess in China pointed to a sharp drop in sales in April.The U.S.-based electric car company sold 25,845 made-in-China vehicles last month, down 27% from 35,478 in March, according to figures released Tuesday by the China Passenger Car Association.The report noted that in April, Tesla exported 14,174 cars from its Shanghai factory. The association did not disclose Tesla’s export figures for March.Tesla's sales decline came amid an overall 12% month-on-month drop i

(Adds details on bitcoin, updates shares) May 11 (Reuters) - Palantir Technologies Inc , a Peter

One analyst thinks Wall Street is underestimating the electric automaker's earnings per share potent

President Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.The plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.An increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.PresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administra

A single dose ofPfizerorModerna'sCovid-19vaccines was 80% effective in preventing coronavirus infections, according to a new Centers for Disease Control and Prevention study of vaccinated health-care workers.The effectiveness of partial immunization was seen two weeks after the first dose, according to the CDC, which looked at nearly 4,000 health care personnel, first responders and frontline workers between Dec. 14 and March 13. The health care workers in the study, which was published Monday,

The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.Numbers will matter even more for richly valued, high-growth companies such as Tesla. Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors and Ford Motor have taken unexpected plant downtime recently and