The yawning disparity between the performance of the electric car company and established automakers last year reflects the technological change roiling the industry.
Tag: Company Reports
Pfizer Reaps Hundreds of Millions in Profits From Covid Vaccine
The company said its vaccine generated $3.5 billion in revenue in the first three months of this year.
Once Crippled by the Pandemic, Airlines See a Fast Recovery Coming
As demand for tickets recovers, airlines are calling back workers, adding flights and planning for a summer they say could be normal.
Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank
The coronavirus pandemic took a major toll on the oil giant’s earnings, but Aramco will maintain its hefty dividend for shareholders.
Chevron Deal for Oil and Gas Fields May Set Off New Wave of Mergers
With a $5 billion play for Noble Energy, the oil giant is set to acquire properties around the world for a relative bargain. Other companies might make similar moves.
Walmart Says It’s Not Lowering Forecast Because of Coronavirus
The world’s largest retailer said it would continue to monitor the outbreak but was not adjusting its outlook for the year, a day after Apple warned of a slowdown.
Saudi Aramco Sets Its Market Value at Up to $1.7 Trillion
The world’s largest oil company is providing more data for potential investors in its initial public offering, which is expected next month.
Saudi Aramco Offers Some Details on Coming Stock Offering
Aramco, the world’s largest oil company, said it would set a final price for its shares on Dec. 5.
Is Aramco Worth $2 Trillion? And Other Crucial I.P.O. Questions
The valuation of the giant oil producer remains a critical question in the wake its decision to go public.
Trade War Has Damaged U.S. Chip Industry in Ways a Deal May Never Fix
Beyond the current financial hit, American producers fear Chinese companies will strengthen domestic manufacturing and switch to other foreign suppliers they consider more dependable.