FTSE 100 bounces back into green after tech sell-off July 26, 2024 FTSE 100 stocks have taken a dive this morning after a set of poor earnings reports and American markets suffering their worst day in two years.
Tesla, Google, Microsoft and Tiktok push tech layoffs total to nearly 100,000 this year June 17, 2024 A total of 326 tech companies have laid off more than 98,000 employees so far this year, according to online tracker layoffs.fyi.
Tesla shareholders approval Musk’s £44bn pay package but reject ESG proposals June 14, 2024 Elon Musk has won a battle to have his bumper pay packet approved.
Ørsted: Wind energy giant invests in Tesla battery to help lower electric bills June 12, 2024 Wind-power giant Ørsted has invested in a Tesla battery storage system for what is set to be the world's single largest offshore wind farm.
Elon Musk: Battle over £44bn payday looking tougher for Tesla boss May 27, 2024 Tesla is facing a shareholder revolt over plans to award boss Elon Musk a record-breaking $56bn (£44bn) bonus, with the firm's second-largest investor behind Musk himself now advised to block the deal.
Explained: The UK’s Chinese electric vehicle insurance quandary April 30, 2024 Chinese electric cars are expected to flood the UK market and there is a growing nervousness among insurers that premiums could soar in response.
Exclusive: Cathie Wood on Tesla and Elon Musk: ‘We don’t listen to what he says’ April 23, 2024 Cathie Wood, CEO of infamous American tech investment firm ARK, is still bullish on Tesla and Elon Musk, despite the poor performance of its stock price in recent months.
‘Magnificent Seven’ sell-off ahead of big week for big tech April 22, 2024 Big tech share prices have been dented by a sector-wide sell-off of risky assets ahead of four "Big six" firms reporting Q1 results.
Banks, retailers and tech giants dominate big blue-chip results week April 21, 2024 A slew of blue-chip results on both sides of the Atlantic will dominate the corporate news agenda this week, alongside key US economic data set to bolster the case for higher-for-longer interest rates.
Musk to cut 14,000 jobs at Tesla, saying ‘it must be done’ April 15, 2024 Tesla boss Elon Musk said: “There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry."