Tesla stock's worst-case scenario: $10 a share, Morgan Stanley analysts say

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Tesla stock's worst-case scenario: $10 a share, Morgan Stanley analysts say

Tesla Inc. just sustained another blow from Wall Street analysts: Morgan Stanley slashed its worse-case scenario for the share price to just $10 over concern the company has saturated the electric-car market. “Demand is at the heart of the problem,” analysts …
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US existing-home sales decline for fifth time in six months

Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties. Contract closings fell 0.4% from the prior month to a 5.19 …
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China Just Held a Car Race Without Any Drivers

China's road to mastering driverless-car technology is bumpy and full of surprises — literally. Just ask those attending the country's top
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This Australian-inspired coffee shop is about to take over Boston

A New York-based, Australian-inspired coffee shop is opening not one, but three locations in the Boston area this summer. Bluestone Lane first launched in Midtown Manhattan in 2013. Founded by Melbourne native Nick Stone, the coffee shop was meant to …
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In time for Tokyo Olympics, Hawaiian Airlines wins another Haneda flight slot

HONOLULU, Hawaii (HawaiiNewsNow) – Hawaiian Airlines has been tentatively awarded a new flight slot at Tokyo Haneda airport. Subject to final approval, which requires a sign-off by Japanese authorities, the award means Hawaiian can add service to the …
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