Tesla Inc. posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn around its core business and navigate an increasingly challenged electric-vehicle market. The company delivered 358,023 vehicles worldwide in the first quarter, according to a statement Thursday. Analysts anticipated 372,160 on average among estimates compiled by Bloomb...
Tesla Inc. posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn around its core business and navigate an increasingly challenged electric-vehicle market. The company delivered 358,023 vehicles worldwide in the first quarter, according to a statement Thursday. Analysts anticipated 372,160 on average among estimates compiled by Bloomberg, a figure that steadily dropped in recent weeks. It’s the second consecutive quarter that Tesla has fallen short of projections. Deliveries still managed to rise 6.3% from a year earlier, when the carmaker paused Model Y production at plants around the globe and dealt with a consumer backlash against Chief Executive Officer Elon Musk . Investors have mostly been willing to overlook Tesla’s sales trend as Musk has refocused around the futuristic business lines of artificial intelligence, autonomous vehicles and robotics. Still, the traditional car business remains the primary cash generator for the Austin-based company, making it crucial that Tesla finds traction even as US electric-vehicle demand wavers. Tesla shares fell 4% as of 9:05 a.m. before regular trading in New York, extending declines amid a broad market slump. The stock declined 15% this year through Wednesday’s close and has fallen 22% from a record high in December. The US — Tesla’s largest market — is entering a new era for EV demand following the loss of federal incentives that had been subsidizing purchases. The phase-out of those incentives at the end of September heavily skewed sales in the second half of last year. President Donald Trump has sought to eliminate what he called an EV mandate by eliminating tax credits and weakening emissions and fuel-efficiency requirements, leading many automakers to reinvest in gas-powered models. Aside from the US market headwinds, Tesla is also grappling with rising competition from Chinese EV makers around the world and an aging vehicle lineup. The company is disco...
INOVIO Pharmaceuticals ( Nasdaq: INO ) on Thursday said it has priced an underwritten public offering expected to raise about $17.5 million in gross proceeds. The offering consists of 12.5 million shares of common stock along with Series A and Series B warrants to purchase up to 12.5 million shares each, all priced at a combined $1.40 per share and accompanying warrants. The warrants will have an ...
INOVIO Pharmaceuticals ( Nasdaq: INO ) on Thursday said it has priced an underwritten public offering expected to raise about $17.5 million in gross proceeds. The offering consists of 12.5 million shares of common stock along with Series A and Series B warrants to purchase up to 12.5 million shares each, all priced at a combined $1.40 per share and accompanying warrants. The warrants will have an exercise price of $1.40 per share. The company also granted the underwriter a 30-day option to purchase up to an additional 1.875 million shares and associated warrants. The offering is expected to close around April 6, subject to customary conditions. INO -25.28% premarket to $1.3. Source: Press Release More on Inovio Pharmaceuticals Inovio Pharmaceuticals, Inc. 2025 Q4 - Results - Earnings Call Presentation Inovio Pharmaceuticals, Inc. (INO) Q4 2025 Earnings Call Transcript Inovio Pharmaceuticals, Inc. (INO) Presents at The Citizens Life Sciences Conference 2026 Transcript INOVIO Pharmaceuticals proposes securities offering Inovio targets October 30 PDUFA date for INO-3107 approval while extending cash runway into Q4 2026
Hong Kong begins a five-day long weekend break for the Easter and Ching Ming Festival holidays from Friday to Tuesday, with authorities expecting busy inbound and outbound travel during the period. Mainland China marks the festival, also known as tomb-sweeping day, between Friday and Sunday. For Hongkongers remaining in the city and visitors from the mainland and elsewhere, the South China Morning...
Hong Kong begins a five-day long weekend break for the Easter and Ching Ming Festival holidays from Friday to Tuesday, with authorities expecting busy inbound and outbound travel during the period. Mainland China marks the festival, also known as tomb-sweeping day, between Friday and Sunday. For Hongkongers remaining in the city and visitors from the mainland and elsewhere, the South China Morning Post lists key activities open to the public. Coffee festival The popular coffee festival returns...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at Johannesburg’s decaying infrastructure and a new style of electioneering, as well as: African governments reacting to surging oil prices Russia sending more weapons to Madagascar And Chinese miners joining an African c...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at Johannesburg’s decaying infrastructure and a new style of electioneering, as well as: African governments reacting to surging oil prices Russia sending more weapons to Madagascar And Chinese miners joining an African copper-rail project Swimming in a Pothole Helen Zille donned a wetsuit and snorkel and stepped into a giant water-filled pothole on a suburban Johannesburg street. The 75-year-old South African politician even tried the backstroke as she literally waded into the debate on failing infrastructure in the continent’s richest city. The crater from a burst pipe had raised the ire of residents for about three years. The spectacle soon trended on social media, highlighting not only the service-delivery problems in the city, but how her bid to become Johannesburg’s next mayor for the Democratic Alliance has redefined usually staid election campaigning. Much has already been written about the decline of South Africa’s main industrial and financial hub following years of neglect, mismanagement , graft and political instability. Water shortages have reached crisis levels, with residents rioting in areas subjected to weeks of empty taps. The stakes are high — further decay could weigh on investments in an already sluggish national economy. For some, in a metro where axel-busting roads and broken traffic lights are common, Zille’s swim was a humorous recognition of lived reality. Others simply brushed it off as a gimmick — the former mayor of Cape Town and ex-opposition-party leader had already posted videos of fixing a damaged road and directing traffic at a chaotic intersection. The campaign shift appears to be working. A poll by the Social Research Foundation shows support for the DA has climbed 13 percentage points to 39% since the previous local election in 2021 — making it the most ...
AUSTIN, Texas, April 02, 2026--In the first quarter, we produced over 408,000 vehicles, delivered over 358,000 vehicles and deployed 8.8 GWh of energy storage products.
AUSTIN, Texas, April 02, 2026--In the first quarter, we produced over 408,000 vehicles, delivered over 358,000 vehicles and deployed 8.8 GWh of energy storage products.
Alpha Cognition Inc. (ACOG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Alpha Cognition Inc. (ACOG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Mike Markkula, one of Apple's earliest investors, was won over by the vision of founders Steve Jobs and Steve Wozniak. With his marketing knowledge and Wall Street connections, he helped take the Apple computer from garage-bound prototype to household mainstay.
Mike Markkula, one of Apple's earliest investors, was won over by the vision of founders Steve Jobs and Steve Wozniak. With his marketing knowledge and Wall Street connections, he helped take the Apple computer from garage-bound prototype to household mainstay.