Tesla shares tumble more than 12% following deliveries report
Some Wall Street analysts think Tesla’s delivery numbers spell trouble for the electric vehicle maker. Others see a buying opportunity for the company in 2023.
Financial News
Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year
Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year
Highly immune evasive omicron XBB.1.5 variant is quickly becoming dominant in U.S. as it doubles weekly
XBB.1.5 now represents about 41% of new cases nationwide in the U.S., according to CDC data.
Solana’s slide accelerates — $50 billion in value wiped from the cryptocurrency in 2022
DeFi crypto Solana has struggled in 2022, between outages and exposure to FTX, but will 2023 hold more of the same, or be a boon for the Ethereum competitor?
Bahamian regulator says it seized $3.5 billion of FTX crypto assets for ‘safekeeping’
The Securities Commission of The Bahamas said it moved $3.5 billion from FTX’s Bahamian subsidiary, FTX Digital Markets, into its own digital wallets.
Pelé, Brazilian soccer star and only player to win the World Cup three times, dies at age 82
Brazilian soccer icon Pelé has died at age 82, his daughter announced.
Putin attempts to undermine oil price cap as global energy markets fracture
Oil markets are more “divided, more politically charged” than ever — but are likely to shake off Russia’s export ban announcement in the short term.
Tesla’s stock is headed for its worst month, quarter and year on record
Tesla shares slid 9% on Tuesday with investors continuing to flee the electric vehicle maker and CEO Elon Musk.
Beijing roars to life a month after zero-Covid lockdowns fade, but China is not out of the woods yet
The rebound in social activity in Beijing is an example of how long it might take for the country to shake off the economic impact of zero-Covid controls.
Meat bans, soaring gold prices and ‘un-Brexit’? One bank’s ‘outrageous’ predictions for 2023
Saxo bank has made its “outrageous” predictions for 2023, including meat bans, gold prices soaring and Britain voting to reverse Brexit.