Automotive

Tesla 2Q deliveries rise over 1Q despite factory shutdown

Tesla says it delivered more electric vehicles worldwide in the second quarter than it did in the first. The increase came even though coronavirus restrictions forced it to shut down its only U.S. factory for much of the ...

Business

Zoom booms as pandemic drives millions to its video service

Zoom Video Communications is rapidly emerging as the latest internet gold mine as millions of people flock to its conferencing service to see colleagues, friends and family while tethered to their homes during the pandemic.

Business

Tesla performance opens door to Elon Musk payday

Tesla has hit financial marks that let its colorful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said Thursday.

Business

Samsung Electronics profit slips on virus, more falls forecast

The world's biggest smartphone maker, Samsung Electronics, said Wednesday that net profits in the first quarter were only slightly impacted by the coronavirus pandemic but warned of further falls to come as demand is "significantly" ...

Business

GM suspends dividend to save cash

General Motors announced Monday that it will suspend its dividend and halt share repurchases as it conserves cash amid a broad economic slowdown expected to weigh on auto purchases.

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