Tesla reported earnings after the bell, and the results sent the stock up slightly after hours. Earnings per share (EPS): $2.27 (adjusted) vs $1.81 expected, according to Refinitiv Revenue: $16.93 billion, vs. $17.1 billion expected, according to Refinitiv Automotive gross margin came in at 27.9%, down from 32.9% last quarter and 28.4% a year ago, … Read more
Smoke and flames rise as the forest burns at Yosemite National Park in California, United States on July 10, 2022. The fire is burning around the Mariposa Grove of Giant Sequoias. (Photo by Neal Waters/Anadolu Agency via Getty Images) Neal Waters | Anadolu Agency | Getty Images A fire in California’s Sierra Nevada continued to … Read more
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric-vehicle startup Rivian Automotive said it produced more than 4,000 vehicles in the second quarter and that it remains on track to build 25,000 vehicles in 2022. Shares of Rivian opened sharply higher … Read more