Tesla, Inc. is a leading electric vehicle manufacturer that designs, produces, and sells a range of electric cars and energy products. The company is known for its innovative approach to sustainable transportation, producing models that are not only environmentally friendly but also equipped with cutting-edge technology and high-performance features. In addition to its automotive division, Tesla also focuses on renewable energy solutions, including solar energy products and energy storage systems, aimed at accelerating the world’s transition to sustainable energy. Through its global presence and dedicated infrastructure, such as an extensive network of charging stations, Tesla seeks to revolutionize the automotive industry and promote a greener future. Read More
NEW YORK, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Tesla, Inc. (“Tesla” or the “Company”) (NASDAQ: TSLA) and certain officers. The class action, filed in the United States District Court for the Western District of Texas, and docketed under 25-cv-01213, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Tesla securities between April 19, 2023 and June 22, 2025, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
NEW YORK - August 21, 2025 ( NEWMEDIAWIRE ) - Levi & Korsinsky, LLP notifies investors in Tesla, Inc. (NASDAQ: TSLA) of a class action securities lawsuit.
XPeng Inc. (NYSE: XPEV) is facing severe backlash for its handling of steering system failures in its P7+ electric vehicles. The Chinese EV manufacturer has been accused of replacing faulty parts without issuing an official recall.
The SOC Investment Group has called for a formal investigation by NASDAQ into Tesla Inc. (NASDAQ: TSLA) regarding a recent $29 billion equity grant to CEO Elon Musk.
A federal judge said Arizona voter Jacqueline McAferty plausibly alleged she was misled into believing winners would be chosen at random, when they were instead handpicked as spokespeople for Musk’s America PAC.
Global financial markets are currently experiencing a significant ripple effect from the trends observed in the United States, with a notable tech-led selloff on Wall Street sending tremors across continents. This interconnectedness has led to a general decline in major Asian indices, while European shares have exhibited a more mixed
The global financial landscape is currently navigating a complex interplay of forces, as U.S. crude oil inventories experience a significant drawdown, propelling oil prices upward, while the yield on the 10-year U.S. Treasury note subtly retreats. These concurrent movements paint a nuanced picture of market sentiment, reflecting both
The technology sector is currently experiencing a significant and persistent sell-off, dragging down major market indices like the Nasdaq Composite and S&P 500 for the second consecutive day. This downturn, particularly pronounced around August 19-20, 2025, has instilled a palpable sense of anxiety among investors, who are re-evaluating growth
Wall Street concluded August 20, 2025, with a decidedly mixed performance, reflecting a cautious investor sentiment ahead of key economic indicators and anticipated remarks from Federal Reserve Chair Jerome Powell. While the technology-heavy Nasdaq Composite and the broader S&P 500 experienced declines, the Dow Jones Industrial Average managed to
The financial markets are currently navigating a complex landscape characterized by historically elevated valuations, particularly within the U.S. equity market. While headline indices continue to reach new highs, a closer look reveals that these gains are increasingly concentrated in a select few mega-cap technology and growth stocks. This phenomenon
Shares of semiconductor company Semtech (NASDAQ:SMTC) fell 3.1% in the morning session after the major indices continued to pull back, with technology stocks accounting for most of the market's largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.
Shares of online learning platform Udemy (NASDAQ:UDMY) fell 3.5% in the afternoon session after the major indices continued to pull back, with technology stocks accounting for most of the market's largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.
Despite the downturn, some analysts viewed this as an opportunity to own some of the "Core AI winners." Dan Ives of Wedbush Securities commented, "In our view, the tech bull cycle will be well intact for at least another 2-3 years, given the trillions being spent on AI infrastructure/software/chips/power/apps looking ahead. This remains our tech playbook and investor roadmap."
Additionally, mixed earnings reports from retailers, such as Target, have added to the market's weakness. Investors are closely monitoring these reports for insights into the broader economic health and the potential impact of new tariffs on inflation.
