Edition:
United Kingdom

Vibhuti Sharma

Tesla is serious about a possible record quarter, not so serious about a submarine car

12 Jun 2019

Tesla Inc has "a decent shot at a record quarter on every level", Chief Executive Officer Elon Musk said at the company's annual shareholder meeting on Tuesday, soothing concerns about weak demand for the electric car maker's sedans.

Musk's leaked email shows Tesla to make record deliveries in second quarter

23 May 2019

Tesla Inc is on course to deliver a record number of cars in the second quarter, beating the 90,700 it sent to customers in the final quarter of last year, according to an internal email from Chief Executive Officer Elon Musk to staff.

Former Tesla bull makes $10 worst case call on China worries

21 May 2019

One of Tesla's former biggest supporters on Wall Street said on Tuesday the electric carmaker's shares could fall to $10 from nearly $200 now, if tensions with China escalate and sap demand for its cars. | Video

Alibaba beats revenue expectations on cloud boost

16 May 2019

SHANGHAI Chinese e-commerce giant Alibaba Group Holding Ltd beat fourth-quarter revenue forecasts on Wednesday, thanks to growth in its core business and its diversification into cloud computing and other services.

Disney takes control of Hulu to challenge Netflix, Amazon

14 May 2019

Walt Disney Co said it will take full control of the Hulu service in a deal with Comcast Corp, as it vies for a bigger piece of the global video streaming market dominated by companies such as Netflix Inc. | Video

Uber CEO expects further pressure as shares add to losses, down 12%

14 May 2019

Uber Technologies Inc's shares fell 12% on Monday, more than doubling their losses since the ride-hailing giant's poorly received market debut, and its chief executive officer said he expected the stock to remain under pressure in the coming months. | Video

Viacom profit beats on cost cuts, success of 'Bumblebee'

10 May 2019

Media company Viacom Inc beat quarterly profit estimates on Friday, as costs fell and its Paramount Pictures division gained from the success of its movies "Bumblebee" and "What Men Want".

World News