Latest Tesla Inc News

Massive damage of rare plants probed at Nevada mine site

Sep. 20, 2020 11:17 AM EDT

RENO, Nev. (AP) — State and federal authorities are investigating the mysterious loss of a significant swath of a rare desert wildflower that’s being considered for federal protection at a contentious mine site in Nevada with some of the largest untapped lithium deposits in the world. The Australian...

Cops in a Tesla? Michigan city goes electric for detectives

Sep. 20, 2020 9:20 AM EDT

HOLLAND, Mich. (AP) — A police department in western Michigan will be solving crimes with a Tesla. Detectives at the Holland Department of Public Safety will be driving a $49,000 Tesla Model 3 after the city compared it to the Nissan Leaf and the Chevrolet Bolt, which both cost much less. The cost of the...

In this Nov. 14, 2008, file photo, a woman receives a bag of maize meal from the World Food Program in the town of Rutshuru, eastern Congo. The World Food Program chief warned Thursday, Sept. 17, 2020, that millions of people are closer to starvation because of the deadly combination of conflict, climate change and the COVID-19 pandemic and he urged donor nations and billionaires to help feed them and ensure their survival. (AP Photo/Karel Prinsloo)

UN food chief urges rich to help keep millions from starving

Sep. 18, 2020 2:31 AM EDT

UNITED NATIONS (AP) — The World Food Program chief warned Thursday that millions of people are closer to starvation because of the deadly combination of conflict, climate change and the COVID-19 pandemic and he urged donor nations and billionaires to help feed them and ensure their survival. The U.N....

FILE - In this July 9, 2020 file photo, signage is shown at the New York Stock Exchange, in New York. Stocks are rising modestly in early trading on Wall Street as a bumpy, holiday-shortened week of trading winds down. The S&P 500 was up 0.4% in the early going Friday, Sept. 11.  (AP Photo/Mark Lennihan, File)

Tech falters again as Wall Street ends worst week in months

Sep. 11, 2020 4:38 PM EDT

NEW YORK (AP) — Wall Street closed out its worst week since June with another day of churning trading Friday, as big technology stocks resumed their suddenly weakened ways. The S&P 500 rose 1.78, or 0.1%, to 3,340.97, but only after a roller-coaster day where a gain of 0.9% gave way to a loss of 0.9%....

Currency traders watch computer monitors near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Friday, Sept. 11, 2020. Asian shares were mixed Friday following a selloff of technology shares on Wall Street.  (AP Photo/Lee Jin-man)

Asian shares mixed after technology fall leads US stock fall

Sep. 10, 2020 11:41 PM EDT

TOKYO (AP) — Asian shares were mixed Friday following a selloff of technology shares on Wall Street. Japan's benchmark Nikkei 225 recouped early losses to rise 0.3% in morning trading to 23,310.94. South Korea's Kospi dropped 0.8% to 2,377.92, while Australia's S&P/ASX 200 lost 0.8% to 5,860.50. Hong...

FILE- In this Jan. 3, 2019, file photo the Apple logo is displayed at the Apple store in the Brooklyn borough of New York. Investors betting that the stock market will continue to notch gains are increasingly doing so by trading options. The volume of option contracts to buy or sell Microsoft and Tesla shares is up more than twofold from 2019, while Apple option contract volume is up more than 86%. (AP Photo/Mary Altaffer, File)

Surge in options trading helps drive gains on Wall Street

Sep. 10, 2020 4:21 PM EDT

LOS ANGELES (AP) — Stock options trading is up sharply this year, fueled by investor optimism for more gains on Wall Street. Options are contracts that give investors the right, though not the obligation, to buy or sell a stock at a future date and at a set price. Often, though, investors look to make...

FILE - In this Tuesday, Sept. 8, 2020, file photo, people wearing masks pass the Charging Bull statue in New York's financial district. Wall Street is steadying itself Wednesday following its first three-day losing streak in nearly three months, as the bloodletting for big technology stocks comes to at least a temporary halt. (AP Photo/Mark Lennihan, File)

Asian stocks gain after Wall Street rebounds from tech slump

Sep. 10, 2020 12:21 AM EDT

BEIJING (AP) — Asian stock markets gained Thursday after Wall Street rebounded from a three-day slump for tech stocks. Benchmarks in Shanghai, Tokyo, Seoul and Sydney advanced. Wall Street's S&P 500 index ended Wednesday up 2% for its best day in three months. Investors were snapping up lower-priced...

A man wearing a mask passes the Charging Bull statue in New York's financial district, Tuesday, Sept. 8, 2020. More sharp declines for big tech stocks are dragging Wall Street toward a third straight loss on Tuesday. (AP Photo/Mark Lennihan)

Wall Street’s 3-day skid a reality check for runaway market

Sep. 9, 2020 12:19 AM EDT

Wall Street’s summer-long party fueled by investors’ appetite for some of the world’s best-known technology companies has come to an abrupt, if not entirely unexpected, halt. The sharp sell-off that began last Thursday has wiped out nearly 7.1% from the S&P 500 as of Tuesday, its first...

Stuart McKenzie, of London, takes a swing on the Charging Bull statue in New York's financial district, Tuesday, Sept. 8, 2020. More sharp declines for big tech stocks are dragging Wall Street toward a third straight loss on Tuesday. (AP Photo/Mark Lennihan)

Tech chills spill into Asia, as shares sink across region

Sep. 8, 2020 11:44 PM EDT

Asian shares declined on Wednesday after a sell-off of big technology stocks on Wall Street pulled U.S. benchmarks lower. Crude oil prices and Treasury yields also weakened. Australia’s benchmark led regional declines on Wednesday, losing more than 2%. Japan’s Nikkei 225 fell 1.6%. Troubles with ...

Exxon, Tesla fall; Nikola, Beyond Meat rise

Sep. 8, 2020 4:22 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday: Apple Inc., down $8.14 to $112.82. Italy’s competition watchdog launched an investigation into Apple and other technology companies over their cloud storage services. Walt Disney Co., up $2.21 to $134.20. Disney released a...