Tesla reported earnings after the bell today. The company beat on EPS with $-3.04 versus estimates of $-3.12 and met on revenue with $3.29 billion.
The company focused on Model 3 production numbers. Tesla said it is expected to produce 2,500 cars per week by the end of the first quarter and 5,000 Model 3 cars a week by the end of the second quarter.
Cash burn did slow for the company in the latest quarter. But Tesla also reported that it would spend more money in 2018 than it did in 2017.
The maker of Enfamil announced a recall of about 145,000 cans of infant formula due to the possibility of cross-contamination with a bacteria that can cause serious illness or death.
The first generation iPhone is selling for $63,000 in an online auction.
Facebook parent Meta is reportedly in talks with Tencent to sell its VR headset in China, according to The Wall Street Journal.
The U.S. Environmental Protection Agency ordered Norfolk Southern on Tuesday to pay for the cleanup of the East Palestine, Ohio train wreck and chemical release.
Gene Goldman, chief investment officer with Cetera, joined Cheddar News to discuss Tuesday's market drop after recent rallies.
Vicki Gunvalson, president & founder of Coto Insurance & Financial Services and Debt.com spokesperson on personal loans, joined Cheddar News to provide some tips on what to know about personal loans.
James Straggas, CEO and founder of K9wear, joined Cheddar News to discuss the interchangeable dog harness brand's new partnership and the impact it will have on company operations.
A study shows that most companies want to keep a four-day work week.
Walmart reported fourth-quarter earnings that topped estimates but gave a gloomy outlook for its full year.
Microsoft has struck a deal with Nintendo to make 'Call of Duty' available across its platforms.
