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Tesla Stock Falls 6% on Sluggish Auto Revenue, 2024 Growth Warning
Tesla reported fourth-quarter revenue and profit figures that fell short of analysts' expectations, leading to a nearly 6% decline in the company's stock during extended trading. The key numbers for the quarter included adjusted earnings per share of 71 cents, missing the expected 74 cents, and revenue of $25.17 billion, below the anticipated $25.6…
FAA Grants Clearance for Boeing 737 Max 9s to Resume Operations
"Nevertheless, let me emphasize that Boeing will not resume normal operations," stated Boeing CEO David Calhoun. "We will not entertain any requests from Boeing for increased production or endorse additional production lines for the 737 Max until we are confident that the identified quality control issues have been addressed." During his meeting…
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