What CEOs Are Saying About Inflation: ‘The World Has Changed’

Here’s what some of the world’s business leaders said in their quarterly earnings this week about what they’re seeing and doing about inflation. “We’re seeing inflation….Logistics, as I mentioned on a previous call, is very high in terms of the cost of moving things. I’d hope at least some of that is transient, but the … Read more

Elon Musk’s decision to delay new Tesla models threatens to slow growth

Elon Musk Bets He Can Change Tesla Inc. TSLA 2.08% to one of the world’s largest automakers, while selling only a handful of models, contradicting the auto industry’s long-held belief that it takes a diverse array of updated models to attract buyers. It’s another example of Mr. Musk’s resistance to industry orthodoxy — at a … Read more

Tesla reported record profits. His stock was punished. It’s a better buy than GM or Ford.

Font size The reaction to Tesla’s fourth-quarter earnings report was the worst in its history. David Paul Morris/Bloomberg What the hell just happened Tesla stock? Shares took a major hit last week after the company reported better-than-expected fourth-quarter results on Wednesday evening. The reaction to record profits and a decline in earnings left investors and … Read more