Tesla Inc. stock rose more than 5% late Wednesday after the Silicon Valley car maker reported a second-quarter GAAP and adjusted profit, setting it on a course to join the S&P 500 index and surprising investors as most of the quarter was beset with coronavirus-related stoppages. Tesla TSLA, +1.52% said …
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Tesla Inc.’s massive stock rally continued Thursday after the Silicon Valley car maker easily topped sales expectations for the second quarter. Tesla TSLA, +6.86% said that it delivered roughly 90,650 vehicles in the second quarter, ahead of the 72,000 deliveries that analysts surveyed by FactSet had been predicting. Tesla’s actual …
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Tesla Inc. has reached out to at least some of its landlords seeking rent reductions, according to firms contacted by the car company, as the auto maker looks for cost savings in response to the novel coronavirus outbreak that has closed much of its business. “The rapid world pandemic that …
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What happens when everything rises all at once? That’s what some investors are scratching their heads about as they look out at the current landscape on Wall Street. On Wednesday, the Dow Jones Industrial Average DJIA, -0.99%, the S&P 500 SPX, -0.93% and the Nasdaq Composite COMP, -1.39% indexes drifted …
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