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
Text size Telsa shares have tended to rise as the Twitter deal looked less likely and fall as it looked more probable. Justin Sullivan/Getty Images Telsa stock traded lower Monday, even after Chief Executive Officer Elon Musk pulled the plug on his purchase of social media site Twitter . That wasn’t what was supposed to … Read more
An Amtrak train is parked at the platform inside New York’s Penn Station. Brendan McDermid | Reuters Three people were killed when an Amtrak train struck a dump truck and derailed Monday afternoon in Mendon, Missouri, officials said. Train 4 was carrying 243 passengers and 12 crew members while traveling from Los Angeles to Chicago … Read more
The Value Gap is a MarketWatch Q&A series with business leaders, academics, policymakers and activists on reducing racial and social inequalities. While slavery in the U.S. was abolished more than 150 years ago, organizations that profited from it still operate today — and it’s in their best interest to fully atone for the past, says … Read more