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 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
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