Stocks

Tesla Rivals Challenge Its Lead as Nio Sets Encouraging Record

Electric vehicle makers have been struggling over the last two years to produce and deliver cars, trucks and SUVs despite obstacles such as supply chain disruptions, semiconductor shortages and factory shutdowns caused by the covid pandemic. The industry’s leading EV manufacturer Tesla (TSLA) – Get Tesla Inc. Report on July 2 said that plant closures …

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Musk Cites Tesla Bankruptcy Fears, Wants You to Know Something Big

Elon Musk wants to share some good news. Tesla (TSLA) – Get Tesla Inc. Report CEO has been facing some challenges lately, including layoffs, lawsuits as a result of the layoffs and, according to the world’s richest man himself, concerns about bankruptcy. Musk said the electric vehicle maker faces billions of dollars in losses from …

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Burger King’s Menu Has Answers for the French Fry Shortage

A burger and fries simply go together. They’re the Ernie and Bert of fast-food pairings; it’s nearly impossible to think of any other food accompanying a hamburger. Perhaps that’s why McDonald’s (DCM) – Get McDonald’s Corporation Report has never struggled to keep in stock the apple slices it offers as a substitute for fries in …

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Tesla Rival Declares Devastating News

Electric Last Mile Solutions (ELMS) on Dec. 11 2020, announced it was going to list on the Nasdaq through a merger with a special purpose acquisition company. “The demand for cost effective solutions to support the e-commerce ecosystem is overwhelming,” James Taylor, the commercial electric vehicle maker’s then-CEO, said at the time. “This industry promises …

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Zuckerberg and Facebook Parent Meta Suffer Another Setback

Development of a smartwatch that was going to feature dual cameras was stopped by Meta Platforms (GOAL) – Get Meta Platforms Inc. Reportthe parent company of Facebook, a source told Bloomberg. The social media company is working on the development of other devices that will be worn on the wrist, Bloomberg reported. Meta Platforms did …

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