Latest in Tesla Surge Helps
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Tesla’s stock sees best day in 11 years. Why it’s still hard not to be bullish.
Tesla added $150 billion in market cap — more than the combined value of Ford, GM and Stellantis — as analysts cheered the growth forecast and increasing transparency.Business - MarketWatch - October 24 -
Tesla’s Shares Surge 20% After Strong Earnings and Outlook
The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.Business - The New York Times - October 24 -
Hong Kong’s IPO market could benefit from robo-vehicle boom
If Horizon reaches its $696mn target, it would be the city’s largest initial public offering this yearWorld - Financial Times - October 16 -
How Elon Musk Might Use His Pull With Trump to Help Tesla
Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.Business - The New York Times - Yesterday -
In stampeding hungry crowd, children wait in vain for bread
As fears of starvation mount across of Gaza while Israel's war with Hamas rumbles on, in the city of Khan Younis, people hoping for bread crowd around a bakery.Top stories - NBC News - 4 days ago -
Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection
Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.Business - CNBC - October 24 -
Cathie Wood’s ETFs sell Tesla’s stock, after another earnings-related surge
Cathie Wood’s ETFs used Tesla’s blowout earnings report to trim their stakes, just like they did in July after blowout deliveries dataBusiness - MarketWatch - 6 days ago -
Elon Musk’s wealth sees record two-day swell as Tesla’s stock surges
The EV giant’s stock is seeing the biggest two-day price gain in its history, adding $38 billion to Musk’s wallet.Business - MarketWatch - 5 days ago -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - 6 days ago -
Why Georgia’s EU future is on the ballot in historic parliament vote
Also in this newsletter: Russian migrant-smuggling ring bustedWorld - Financial Times - 6 days ago -
Polio cases surge in Pakistan
Prior to the latest surge in infections, Pakistan was on the verge of eradicating the disease.Top stories - BBC News - October 20 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24 -
Consumer confidence surges ahead of election
American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...Politics - The Hill - 2 days ago -
With its Cybercab Design, Tesla Confused Investors
The sporty two-seater robotaxi unveiled last week underwhelmed analysts, who wonder how it will actually serve riders’ needs.Business - Inc. - October 14 -
Tesla software under investigation after collisions
The National Highway Traffic Safety Administration (NHTSA) opened an investigation into Tesla’s Full Self Driving (FSD) software on Thursday after the system was reportedly involved in four ...Politics - The Hill - October 18 -
Tesla Self-Driving System Will Be Investigated by Safety Agency
The National Highway Traffic Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.Tech - The New York Times - October 18 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24 -
Tesla is not a car company but it does a good impersonation
Although its vehicles are yielding more profit, most of the $750bn carmaker’s value hangs on things that are yet to existBusiness - Financial Times - October 24 -
Tesla’s blowout earnings still leaves investors with these questions
A closer look at Tesla’s automotive gross margins and other aspects of its business are still big question marks for investors.Business - MarketWatch - 5 days ago -
Tesla’s robotaxi dreams will start small, these analysts say
Tesla has promised a fleet of Cybercabs by 2026 and millions of the robotaxis at some point in the future, but analysts at Deutsche Bank sought to temper expectations and map out how a Cybercab ...Business - MarketWatch - 3 days ago -
BYD quarterly sales beat Tesla for first time
Warren Buffett-backed Chinese carmaker’s revenues surge 24 per cent but fierce competition slims marginsBusiness - Financial Times - Yesterday -
How Hurricane Milton storm surge destroyed communities
Storm surge pushed around 5 feet of sand into Manasota Key, Florida, where homes and roads are covered with debris and destruction. CBS News' Tom Hanson speaks to Charlotte County public ...Top stories - CBS News - October 14 -
Hurricane Milton's storm surge reshapes Florida coastline
Several communities across Florida and North Carolina are recovering after back-to-back hurricanes. CBS News' Tom Hanson is in Manasota Key on Florida's west coast with the latest on recovery efforts.Top stories - CBS News - October 14 -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16 -
Early voting surge seen as advantage for Harris campaign
The Harris campaign and Democratic groups are working hard to push their supporters to vote early in this year's election. Team Harris wants to maximize its early advantage, especially given that ...Politics - The Hill - October 18 -
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockWorld - Financial Times - October 18 -
Unusual surge of "walking pneumonia" reported in kids this year
The worst rates of the infection known as "walking pneumonia" or "white lung pneumonia" are in young children ages 2 to 4 years old.Top stories - CBS News - October 18 -
Tokyo Metro Shares Surge in Trading Debut
The initial public offering by the operator of subways in Tokyo is the largest since SoftBank Corp.’s $21 billion IPO in 2018.Business - The Wall Street Journal - October 22 -
Auto-enrolment drives surge in ‘lost’ UK pensions
£31bn sitting in unclaimed, inactive or lost savings potsBusiness - Financial Times - October 24 -
Cash Isas popularity surges ahead of UK Budget
Investors shift into tax-sheltered accounts given uncertainty of Labour proposalsWorld - Financial Times - 6 days ago -
Action demanded over surge in illegal meat imports
The government is warned of a "foot-and-mouth" level crisis over potentially diseased meat flooding into the UK.Top stories - BBC News - 6 days ago -
Hundreds Killed in Days in Sudan as War Surges
Paramilitary forces ransacked villages and killed hundreds of people, activists said, hastening calls for the United Nations to deploy a mission to protect civilians.World - The New York Times - 5 days ago -
Early voting is surging across the U.S. Explore the data.
Early voting has begun in states across the country where voters are able to cast their ballots either in person or via mail.Top stories - NBC News - 4 days ago -
Latino voters face surge in misinformation as election nears
As the Latino vote gains attention in the 2024 election, concerns arise over targeted misinformation. Roberta Braga, co-founder of the Digital Democracy Institute of the Americas, joins "CBS ...Top stories - CBS News - Yesterday -
Fuel duty frozen but vehicle excise duty surges
Motoring organisations said chancellor’s reversal of planned fuel duty rises was ‘a big relief’World - Financial Times - Yesterday -
Waymo, Uber, Lyft Are Biggest Winners From Tesla's Robotaxi Flop
Tesla’s disappointing Robotaxi event highlighted how late the company is to the autonomous-vehicle race, leaving the door wide open for its competitors.Business - The Wall Street Journal - October 11 -
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A Tesla car crashes and catches fire in France, killing 4
Police in France say four people have died in a car crash after their Tesla vehicle reportedly hit a road sign and caught fireWorld - ABC News - October 14
