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Tesla Stock Drops. OpenAI Is Coming for One Line of Its Business.
Barrons.com69d agobearish
Tesla Stock Drops. OpenAI Is Coming for One Line of Its Business.

Shares of the electric-vehicle maker were down 1.3% in premarket trading, while and futures were up 0.2% and 0.4%, respectively. The move came after OpenAI CEO Sam Altman tweeted on Sunday that his company is hiring people to jumpstart its robot business. “AI should be able to help people in the physical world,” wrote Altman.

Tesla Backs Off Threat to Cancel Australian Graphite Supply Agreement, Syrah Stock Pops Over 23%
Benzinga70d agoneutral
Tesla Backs Off Threat to Cancel Australian Graphite Supply Agreement, Syrah Stock Pops Over 23%

Tesla (NASDAQ:TSLA) on Monday backed away from terminating its supply deal with Australia’s Syrah Resources after the graphite producer demonstrated progress in meeting product qualification requirements. The EV maker accepted that the Syrah had produced conforming natural graphite active anode material samples and made sufficient progress to tackle an alleged default under their offtake agreement, the graphite producer said in a statement. Qualification Work Continues Tesla’s decision does not

Tesla withdraws termination notice on graphite supply deal with Australia's Syrah
Reuters70d agoneutral
Tesla withdraws termination notice on graphite supply deal with Australia's Syrah

June 1 () - Australia's Syrah Resources said on Monday Tesla had withdrawn a notice of intent ‌to terminate a graphite supply deal, ending months ‌of negotiations that saw the two companies extend a resolution deadline ​four times. Syrah aimed to supply 8,000 metric tons of graphite anode materials to electric vehicle maker Tesla over a four-year period from its Vidalia plant in the U.

Tesla withdraws termination notice on graphite supply deal with Australia's Syrah
Reuters70d agoneutral
Tesla withdraws termination notice on graphite supply deal with Australia's Syrah

June 1 () - Australia's Syrah Resources said on Monday Tesla had withdrawn a notice of intent ‌to terminate a graphite supply deal, ending months ‌of negotiations that saw the two companies extend a resolution deadline ​four times. Syrah aimed to supply 8,000 metric tons of graphite anode materials to electric vehicle maker Tesla over a four-year period from its Vidalia plant in the U.

AI Bubble Debate Gets Real as Chip Stocks Rally Turns Historic
Bloomberg70d agobullish
AI Bubble Debate Gets Real as Chip Stocks Rally Turns Historic

(Bloomberg) -- Chipmakers are by far the hottest stocks in the market, but their recent surge is lending urgency to the debate over whether investors are buying into an artificial-intelligence bubble that’s due to burst.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarCVS Returns