(Reuters) -Tesla’s sales volume in Germany more than halved in July, the German road traffic agency KBA said on Tuesday, although sales of battery electric vehicles rose overall. KBA said Tesla sold 1,110 cars in Germany in July, down by 55.1% from a year earlier. The number of Teslas sold in the January-July period dropped 57.8% to 10,000 units, compared with the same period last year. By contr ...
By Abhirup Roy SAN FRANCISCO (Reuters) -A court verdict against Tesla last week, stemming from a fatal 2019 crash of an Autopilot-equipped Model S, could hurt its plans to expand its nascent robotaxi network and intensify concerns over the safety of its autonomous vehicle technology. A Florida jury ordered Musk’s electric vehicle company on Friday to pay about $243 million to victims of the ...
(Reuters) -Industrial materials maker DuPont on Tuesday forecast current-quarter revenue and profit above Wall Street estimates, benefiting from strength in its electronics and healthcare segments, sending its shares up 4% in premarket trading. The company also said it beat second-quarter profit estimates, which blunted the impact of tariffs. Demand for semiconductors has been rapidly increasing d ...
Investing.com - A recovery in U.S. stocks on Monday is a sign that dip buyers are "back in force" as expectations grow for impending Federal Reserve interest rate cuts, according to analysts at Yardeni Research. The main averages on Wall Street surged to begin the new trading week, recovering from a deep sell-off on Friday sparked by trade developments and soft U.S. employment numbers from th ...