Amazon is heading into its latest earnings report as the laggard of the Magnificent Seven this year, and investors are looking for some key updates that could spark new momentum. Specifically, Wall Street wants to know more about its AI ambitions and how it plans to position itself against stiff competition from other Big Tech players like Microsoft and Alphabet.
Tesla is recalling nearly 6,200 Cybertrucks because it used the wrong type of glue for an off-road light bar. The issue could cause the light bar accessory to fall off while driving, according to a recall notice.
Tesla Inc.'s (NASDAQ: TSLA) share price is 2.8% higher than a week ago, despite a recall of more than 6,000 Cybertrucks and rumors that CEO Elon Musk might leave the company.
Tesla is recalling 6,197 Cybertrucks in the United States because a detached light bar could fall and pose a road hazard to other vehicles, the National Highway Traffic Safety Administration (NHTSA) said on Thursday.
Tesla will debut its Cybercab at the China International Import Expo in Shanghai which runs November 5-10, an executive at the car maker said on social media on Thursday.
After consolidating for most of October, shares of Tesla Inc. NASDAQ: TSLA are once again knocking on the door of a potential breakout. The stock closed around $450 on Monday, Oct. 27, only a few percent shy of the $470 high from earlier in the month, and there are reasons to think more gains could be on the way.
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