Tesla profits fall on vehicle price cuts sending shares down

Tesla profits fall on vehicle price cuts sending shares down

Tesla reported a drop in first-quarter earnings Wednesday as price cuts at Elon Musk's electric vehicle company boosted demand but hit profit margins.
Elon Musk buys large stake in Twitter, sending stock soaring

Elon Musk buys large stake in Twitter, sending stock soaring

Twitter's shares soared after Tesla CEO Elon Musk disclosed on Monday a large stake in the social media company, which he has criticized for its approach to speech rights.