Ford’s move to cut prices of its Mustang Mach-E in order to compete better with Tesla’s Model Y wasn’t a surprise. However Ford’s move differs from Tesla’s in one key way - it may offer financial benefits, even cash, for new owners who missed out on the price cut.
Yahoo Finance Live’s Brad Smith breaks down January’s biggest S&P 500 gainers.
Tesla Inc's board had no obligation to review CEO Elon Musk's 2018 tweets announcing a bid to take the electric car maker private, which investors allege were fraudulent, two independent directors testified at trial on Wednesday. Musk's Aug. 7, 2018 tweets sent Tesla stock soaring and after they fell back down, shareholders sued, alleging they lost money. Musk tweeted that he had "funding secured" to take the carmaker private at a $420 per share price, a premium of about 23% to the prior day's close.