Tesla price hikes, Roku–Amazon, Hinge Health analyst coverage
Wealth host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute.
Tesla (TSLA) announced price increases on its Model S and Model X by $5,000. The company also teased robotaxi rollout plans for this weekend.
Roku (ROKU) is gaining on news that the company will partner with Amazon (AMZN) Ads, giving marketers exclusive access to 80 million US TV households.
Hinge Health (HNGE) pops after analysts initiated coverage with a bullish outlook.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's market minute. US stocks rising as investors turn optimistic on a de-escalation on the conflict between Israel and Iran. Tesla announcing a $5,000 price hike on its Model S and Model X cars. This comes as the company plans to roll out its robo taxis this weekend. Shares of the EV maker rising to start the week. Roku teaming up with Amazon Ads announcing a new integration that gives advertisers access to its connected TV footprint in the US exclusively through Amazon DSP. The new collaboration delivering a logged-in reach to an estimated 80 million US connected TV households. And Hinge Health shares rising as analysts initiate coverage on the stock with a bullish outlook. Wall Street highlighting the company's market leader status and growth opportunities. That's your Yahoo! Finance market minute. For more on what's trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks of this session.
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Yahoo
an hour ago
- Yahoo
Former Chiefs employee sues team for racial discrimination, wrongful termination
KANSAS CITY, Mo. — A former employee of the Kansas City Chiefs is suing the organization, claiming he was fired because he is Black. The lawsuit was filed by Ramzee Robinson in the Western District of Missouri on Sunday. Robinson served as the Chiefs' Director of Player Engagement until February. Second suspect charged in 2023 fentanyl death of mother, unborn baby Along with race discrimination, Robinson's lawsuit also makes claims of retaliation and tortious interference with business expectancy. The Chiefs referred FOX4 to a statement provided to Pro Football Talk on Wednesday. 'We can't comment because it's an active legal matter,' Brad Gee, Chiefs vice president of football communications, told Pro Football Talk via text message.'But to be clear, the Chiefs do not tolerate discrimination of any kind. We look forward to the facts of this case coming to light.' The lawsuit says Robinson worked for the Chiefs from 2016 to 2025, most recently serving as the team's Director of Player Engagement. Robinson's suit says he made an annual salary of $125,000, nearly $47,000 less (on average) than others in similar roles, before his termination. Robinson claims his requests for salary increases were denied by Chiefs President Mark Donovan because they had 'previously given him raises.' 'As compared to other NFL franchises and/or teams, [Robinson] was paid the lowest salary,' the lawsuit says, 'KC Chiefs paid African-American business employees less than their white counterparts.' Robinson cites an example of a Black woman who held a management position, making $50,000 per year. But when she asked the Chiefs for a raise and was denied, the lawsuit says she resigned and was replaced by a white woman, who the Chiefs paid $80,000 per year. Download WDAF+ for Roku, Fire TV, Apple TV The lawsuit says Robinson reported to Vice President of Administration Kristen Krug. He says Krug 'consistently advised [Robinson] to 'stay out of the way' or 'less is more.'' On February 15, 2025, the lawsuit says Krug called Robinson into her office, claiming that he had engaged in 'conduct detrimental to the league.' Krug accused Robinson of attacking his white female coworker and claimed to have seen the incident on security cameras, but refused to show Robinson the video. Following Robinson's firing, the woman he was accused of attacking took over his former role. The lawsuit also claims the Chiefs denied Robinson a job opportunity with another team, the Houston Texans, which would have also been more pay. Months before he was fired, the lawsuit says Robinson was pressured into renewing his contract with the Chiefs. But after he agreed to sign a contract renewal, the Houston Texans asked Chiefs management to interview Robinson. The suit claims the Chiefs refused, saying an interview would 'violate his contract'. Robinson claims he discovered this information after someone from the Texans organization called him personally and asked about it. Robinson is seeking monetary relief and a jury trial in the case. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
an hour ago
- Yahoo
Tesla expected to launch long-discussed robotaxi service
Tesla is expected to begin offering robotaxi service Sunday in Austin, an initial step that Elon Musk's backers believe could lead to the company's next growth wave. The launch -- which comes as Musk refocuses on his business ventures following a controversial stint in Donald Trump's administration -- will employ the Model Y sport utility vehicle rather than Tesla's much-touted Cybercab, which is still under development. The long-awaited launch follows the dramatic meltdown earlier this month in relations between Musk and Trump, which saw a cascade of bitter attacks from both men. Since then, Musk has publicly expressed regret for some of his statements, while his company's Texas operation has readied the Austin push -- part of a major drive on autonomous technology and artificial intelligence that Tesla bulls believe will yield huge profits. This group includes Wedbush analyst Daniel Ives, who said autonomous technology could be a catalyst for potentially $1 trillion in additional market value or more. "There are countless skeptics of the Tesla robotaxi vision with many bears thinking this day would never come," said Ives, who predicted that Trump's administration would clear roadblocks for Tesla and pivot from the recent "soap opera." "The golden era of autonomous for Tesla officially kicks off on Sunday in Austin," Ives said in a note Friday. - Business-friendly Texas - But the unveiling in the Texas state capital comes amid questions about how Tesla will try to overcome criticism of Musk's activities for Trump. Tesla saw profits plunge 71 percent in the first quarter following poor sales in several markets. In picking Austin for the debut of the autonomous vehicle (AV) service, Musk is opting for a US state known for its company-friendly approach to regulation. "Texas law allows for AV testing and operations on Texas roadways as long as they meet the same safety and insurance requirements as every other vehicle on the road," the Texas Department of Transportation told AFP. An Austin website listed six autonomous vehicle companies at various stages of operation: ADMT (Volkswagen), AVRide, Tesla, Zoox (Amazon), Motional (Hyundai) and Waymo (Alphabet/Google). But the Texas legislature this year enacted a new bill that requires prior authorization from the state's Department of Motor Vehicles before companies can operate on a public street without human drivers, a group of seven Democratic lawmakers said in a June 18 letter to Tesla. Citing the enhanced system, the lawmakers asked Tesla to delay testing until after the law takes effect September 1. If Tesla proceeds with the launch this weekend, "we request that you respond to this letter with detailed information demonstrating that Tesla will be compliant with the new law," the letter said. - Starting slow - Musk had initially planned the launch for June 12, before pushing back, saying he was being "super paranoid" about safety. "We want to deliberately take it slow," Musk said in a May 20 interview on CNBC, telling the network that Tesla would probably only operate 10 autonomous vehicles the first week. But that number will rise to perhaps 1,000 "within a few months," Musk told CNBC. "And then we will expand to other cities.... San Francisco, Los Angeles, San Antonio." The service will be offered from 6:00 am until midnight and will be available to "early access" users on an invitation-only basis in a geofenced area, Tesla owner Sawyer Merritt said Friday on Musk's X platform, adding that Tesla had given him permission to release the information. Musk last fall unveiled the Cybercab, which has no steering wheel or pedals. But production is not expected to begin on the vehicle until 2026. Tesla's robotaxi launch comes well after Waymo's offering of commercial robotaxi service, with more US cities gradually added. The US National Highway Traffic Safety Administration (NHTSA) in October 2024 opened a probe into Tesla's Full Self-Driving (FSD) software after receiving four reports of crashes. The NHTSA on May 8 asked Tesla for additional information on its technology in light of the Austin launch. But the NHTSA does not "pre-approve" new technologies, the agency told AFP. "Rather, manufacturers certify that each vehicle meets NHTSA's rigorous safety standards, and the agency investigates incidents involving potential safety defects," the NHTSA said. elm-jmb/sst
Motor 1
an hour ago
- Motor 1
Dealership Worker Is Oh-So-Close To Closing Car Sale. Then a Receptionist Ruins It In 1 Minute
After a potential deal was purportedly ruined by a coworker, a car salesman shared what he describes as 'the number one golden rule' for all dealership employees: 'Zip it and go on about your business' when it comes to other salespeople's customers. Salesman Costa (@costacreatescardeals) is clearly peeved in his TikTok. He starts the video by saying, 'When someone is working a deal with a customer, do not ever, and I mean ever, go talk to that customer.' Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Costa says that a receptionist essentially snatched a sale from the dealership at the last minute. 'We had a receptionist today go up to a customer—after they signed at the desk, ready to go into finance—telling the customer that she was able to lower her payment when trading out of her vehicle with $12,000 of negative equity,' he alleges. Anyone who's rolled a car loan with negative equity into another car loan knows that the outcome of that is usually, but not always, a higher monthly payment. This was apparently the case with Costa's customer. 'Her payment went up,' he says. 'Not down. And then the customer decided not to do the deal and left while waiting for finance.' He notes that the new payment after trading in a car with negative equity will be determined by multiple factors. 'Every case is different,' he says. 'And it also depends on credit. It depends on many factors.' His bottom line is that if it isn't your sale, you need to butt out. 'Don't ever go and talk to another customer while another salesperson is working a deal with that customer,' Costa says. His advice has people coming for him specifically and car salespersons generally. America's Most Loathed Profession? It's no secret that car salespeople—perhaps especially used car salesmen —are widely reviled. A list of the most hated professions describes used car salesmen as ' fast-talking liars who do it all with smiles on their faces.' While this is just a stereotype and, as with any profession, there are good and bad actors throughout, Costa's TikTok put the taste of scummy car salesmen in many viewers' mouths. Trending Now 'I'm Not [an] Expert:' Man Gets in a Honda Civic. Then It Starts Making This Mystery Noise When He Puts It in Reverse Man Fills Up His Truck. Then He Pulls Out a Trick for When the Handle Clicks and Stops Pumping "Seems like the receptionist was honest with the customer," wrote one user. "Who in their right mind is going to roll $12k negative equity into another loan at probably 10-12%. She did them a favor." "Man, car sales people really do get on here and tell the world how shady they are," wrote a second user. "Wow, an ethical employee working at a dealership! Good for her! She is probably too good to work there," a third user said. Why Would a Newer Model Have Negative Equity? In response to the commenter who claimed that the receptionist was simply being honest with his customer, Costa explained why his colleague may have led the potential buyer astray. It's actually inflation. As he explains in a follow-up TikTok , the increased cost of living due to inflation is making it harder for people to make ends meet on one income. This, he alleges in a text overlay on the post, is 'indirectly' wrecking the car market. Many people, he explains, are using their vehicles for a second source of income, often in the gig economy. While gigging for a rideshare or delivery service can be a flexible way to make ends meet, it also typically puts a lot of miles on your car. This often translates into negative equity. 'They're stacking over 200,000 miles on a car that they bought in 2020,' he explains. 'And now we're in 2025, the depreciation is through the roof.' This is why he cautions, 'you should never use a personal vehicle as a commercial vehicle.' He says that the customer the receptionist talked out of the sale was trading in their vehicle for just this reason. Their vehicle, Costa claims, had become utterly unreliable due to high mileage and the wear and tear this causes. 'It was costing them way too much money,' he says. Costa frames the role of people in his line of work as helping people like his lost customer get a reliable vehicle, 'rather than screwing them.' 'What we're doing is actually losing money on some deals just to trade a customer out of the vehicle so we maintain a long-term relationship with them,' he says. If the business maintains that relationship, he says dealerships realize that the customer is likely to keep coming back for maintenance and repairs. So ultimately, taking a loss on a sale can translate into a profit in the long term. 'It's actually a very smart decision to sell them a car,' he says. "And if you can make money, hey, that's what we're in it for. But sometimes you'll actually lose money and sell them a car." Motor1 reached out to Costa via TikTok comment and direct message for comment. We'll be sure to update this if he responds. More From Motor1 Toyota Salesman Finds Thousands of Dollars of 'Missing' Keys. Now He's Exposing Dealerships for Failing to Give Buyers the Spare 'We Get It Fixed': Woman Says Her 2020 Ram's Steering Wheel 'Randomly' Locks Up. The Dealership Says It's Fine 'Lawyer Up': Woman Drops Off Mercedes At Dealership For Oil Change. Then She's Told It's Totaled, Costs $27K To 'Fix 5 Wires' Woman Visits Toyota Dealership. Then a Salesman Refuses to Give Her a Pricing Breakdown When She's Quoted $27,500 Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
