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Stocks to Watch: Maxeon Solar, Tesla

By Ben Glickman

 

Maxeon Solar Technologies said based on preliminary results that it expects to swing to a loss in the fourth quarter. The company said it expects $186 million in revenue in the first quarter, missing the $242.5 million expected by analysts. Shares dropped 5.9% to $2.57 after-hours.

Tesla agreed to settle a lawsuit about its Autopilot technology's role in a 2018 fatal crash, days before the trial was likely to begin. The terms of the settlement weren't disclosed.

 

Write to Ben Glickman at ben.glickman@wsj.com

 

(END) Dow Jones Newswires

April 08, 2024 19:23 ET (23:23 GMT)

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