Shareholders of Tesla Inc. on Thursday passed a proposal expected to result in a 3-to-1 stock split and sided with the company on most proposals for a vote. Tesla TSLA, + 0.40% announced the results of the preliminary voting at the gigafactory in Austin, their new corporate headquarters, at the end of an official shareholder … Read more
Shareholders of Tesla Inc. on Thursday passed a proposal expected to result in a 3-to-1 stock split and sided with the company on most proposals for a vote. Tesla TSLA, + 0.40% announced the results of the preliminary voting at the gigafactory in Austin, their new corporate headquarters, at the end of an official shareholder … Read more
Amazon.com Inc. decided to cut back after years of pouring money into growth and resulting in a second straight quarter loss, but a sales beat and continued strong growth from Amazon Web Services helped propel Stocks edged higher in after-hours trading Thursday. Amazon AMZN, + 1.08% reported a second-quarter loss of $2 billion, or 20 … Read more
Font size Shenzen-based BYD has overtaken Elon Musk’s Tesla to become the world’s largest maker of electric vehicles in terms of sales. Qilai Shen / Bloomberg Warren Buffett-Match BYD sell more cars Tesla in the first six months of the year, but that doesn’t mean it sold the most battery electric vehicles. First, the titles. … Read more
Font size Production and demand for electric vehicles in China rebounded in June. Qilai Shen / Bloomberg Investors in electric vehicle stocks can breathe a sigh of relief on Friday. Production and demand for electric cars in China recovered in June after a lull caused by Covid-19. Delivery in june at NIO (code: NIO ), … Read more