Tesla shares spike, dealing short-sellers a $1.7 billion loss

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Tesla shares spike, dealing short-sellers a $1.7 billion loss

NEW YORK (Reuters) – Tesla Inc (TSLA.O) shares soared 16 percent on Thursday, a day after the electric car maker's better-than-expected quarterly report, and financial analytics firm S3 Partners said short-sellers were slammed with $1.7 billion in …
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Elon Musk Says Tesla's Onboard Computer Is Blazingly Fast

Tesla's second-quarter earnings call included a discussion of the computational hardware system that Tesla uses for its Autopilot driver assistance functionality.
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Apple's $1 Trillion Milestone Reflects Rise of Powerful Megacompanies

U.S. Steel. General Motors. AT&T. Exxon Mobil. Small potatoes. Apple on Thursday reached a milestone that these icons of capitalism never dreamed of: a market value of more than $1 trillion.
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Elon Musk's apology was worth more than $8 billion to Tesla shareholders—but questions linger

Tesla Inc.'s latest earnings call lacked the drama and hostility of the prior one, and that was exactly what investors wanted.
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GlaxoSmithKline Makes a Big Bet on DNA

Eager to offset headwinds tied to patent expiration on its best-selling Advair, GlaxoSmithKline (NYSE:GSK) is investing $300 million in DNA-sequencing company 23andMe.
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