Elon Musk

The Nasdaq plummets 650 points as Google, Tesla earnings drag down stocks

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[ad_1] Photo: Witthaya Prasongsin (Getty Images) The tech-heavy Nasdaq plummeted by over 650 points on Wednesday, marking its worst performance of the year. This sharp decline followed the release of quarterly earnings reports from Tesla and Google parent Alphabet that came late Tuesday. Wiz backing out of the Google deal could have big implications for … Read more

Tesla’s profit drops for the second straight quarter

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[ad_1] Tesla on Tuesday reported a 45% decline in net profit during its second quarter as the electric vehicle company continues to grapple with slowing demand and increased competition. Wiz backing out of the Google deal could have big implications for Microsoft, analyst says The Austin, Texas-based automaker reported net income of $1.5 billion for … Read more

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