XOM & PXD Talks Possible Acquisition & TSLA Cuts Model S & X By $5,000

Schwab Network

English - April 10, 2023 19:25 - 4 minutes - 60.9 MB - ★★★★★ - 23 ratings
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According to a WSJ report, Exxon Mobil (XOM) and Pioneer Natural Resources (PXD) had informal talks on an acquisition. Renita Young discusses this, in addition to how Tesla (TSLA) cut prices on its entire U.S. model lineup with a $5,000 cut on the Model S and the Model X She notes that TSLA will build a factory in Shanghai to make megapack energy storage units. Tune in to find out more about the stock market today.