Topic: TESLA Motors

All three major indexes snapped six-day winning streaks on Tuesday as Alphabet, Apple and Microsoft were set to report second-quarter earnings.

Tesla reported a record net income of more than $1 billion for the first time as its second-quarter earnings report exceeded expectations on Monday.

The Dow Jones Industrial Average and S&P 500 touched record highs as they climbed for the fifth consecutive day as cryptocurrencies surged after Amazon posted a listing for a digital currency and blockchain product lead.

Chinese electric automaker Xpeng Inc. on Monday announced the price of its new P5 sedan at $24,694, undercutting rival Tesla, whose Model 3 starts at $38,666.

U.S. electric vehicle maker Tesla saw its sales in South Korea jump 64.7 percent during the first six months of 2021 from a year before, according to the Korea Automobile Importers & Distributors Association.

The Dow Jones Industrial Average gained 126.02 points, or 0.36%, Monday rising to near 35,000 as markets braced for second quarter earnings reports.

The S&P 500 and Nasdaq Composite both hit record highs and the Dow Jones Industrial Average gained 322 points on Thursday following the announcement of a bipartisan infrastructure deal.

The Dow Jones Industrial Average rose 586 points as U.S. markets rallied after losses in response to the Federal Reserve changing its interest rate policy last week.

The Nasdaq Composite hit an all-time closing high on Monday while the price of bitcoin rose above $40,000 early in the day.

Attorney General Merrick Garland testified before Congress on Wednesday that the Justice Department will refrain from seizing records from journalists in leak investigations.