President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Tesla reported fourth-quarter quarterly earnings and revenue that majorly missed analysts' expectations on Wednesday, but it struck an optimistic tone for the year ahead.
The company posted an adjusted loss of 13 cents per share, compared to 33 cents per share in the year-earlier period. Adjusted revenue for the quarter came in at $1.1 billion, against the comparable year-ago figure $761 million a year ago.
Analysts had expected Tesla to report earnings of about 31 cents per share on roughly $1.23 billion in revenue, according to a consensus estimate from Thomson Reuters.
In a letter to shareholders, Tesla CEO Elon Musk and its CFO Deepak Ahuja wrote that the company had a "herculean effort" in building 11,627 vehicles—hitting its production target of 35,000 Model S cars in 2014.
Tesla was estimated to deliver 11,142 vehicles, according to StreetAccount, but only ultimately delivered 9,834. Musk and Ahuja said the company was unable to deliver about 1,400 cars because of "a combination of customers being on vacation, severe winter weather and shipping problems (with actual ships)" following a briefly delayed release.
The electric automaker blamed its financials' missing expectations on that delivery shortfall, "one-time manufacturing inefficiencies," and the impact of a globally strong dollar.
Despite the EPS miss, Tesla's stock initially wavered in after-hours trading, but then declined more than 2 percent.
Looking ahead to 2015, Tesla said it expects to deliver about 55,000 Model S and X vehicles this year, which would represent a more than a 70 percent increase over the prior year.
About 40 percent of these expected deliveries will occur in the first half of 2015, Tesla said, so this year will be relatively back-loaded for the firm.
The car company also said it increased its prices in those international markets where the local currency has had a significant decline against the U.S. dollar, but it said this shift would not affect earnings until the second-quarter.
In its letter, Tesla revealed that the company plans to expand capacity in several areas, including installing new fabrication technologies in its Lathrop manufacturing facility in central California. Construction for the company's Nevada Gigafactory is on schedule to begin battery pack production in 2016, the letter added.
Reports came out earlier this week that Musk was preparing to fire some of the company's international executives after poor China sales. According to a source , the automaker only sold about 120 cars in China last month—well below targets.
This report cast doubts on Tesla's ability to expand internationally, and in an internal email to managers in late January, Musk threatened to fire or demote country managers if they are "not on a clear path to positive long-term cash flow,'' according to Reuters sources who saw the message.
Tesla stock has had a wild ride over the last three months, as shares suffered a major slide in tandem with oil's price decline—traders were betting that energy efficient cars would lose favor among consumers. Although the stock is still more than 15 percent lower than three months ago, it has rebounded slightly in recent weeks.
—Reuters contributed to this report.