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He Focused On His 401(k) While She Spent Her Paychecks. Now She's Asking For Half And Dave Ramsey Says, 'I've Been There, It's No Fun'
Yahoo Finance· 2025-11-17 23:30
Core Insights - An Ohio man, Corey, is facing significant financial challenges amid a divorce, including substantial debt and high vehicle payments [1][2] - Corey has $35,000 in credit card debt and is being asked to take on half of his estranged wife's additional $30,000 credit card debt [2] - The couple previously earned $250,000 annually from a shared trucking job, but financial management issues arose during the marriage [2][3] Financial Situation - Corey has a $970 monthly truck payment and is also responsible for a motorcycle loan [3][4] - To reduce costs, he traded in both vehicles for a 2023 Chevy Silverado, aiming to save approximately $500 a month, but this was insufficient to manage his debt [4] - Despite his attempts to negotiate a fair division of assets, including offering his wife the house and her debts, they are now both represented by lawyers and heading to court [4] Expert Advice - Financial expert Dave Ramsey advised Corey to pause any plans to buy a semi truck until his current financial situation is resolved, warning that his estranged wife would claim half of any new asset [5] - Ramsey criticized Corey's decision to maintain a $970 truck payment, labeling it financially reckless given his hourly wage of $33 [5]
Tesla Posts Return to Revenue Growth, Though Profits Miss Estimates
Investopedia· 2025-10-22 21:10
Core Insights - Tesla experienced a return to revenue growth in Q3 2025, with a 12% year-over-year increase to $28.1 billion, driven by a surge in vehicle deliveries as buyers capitalized on expiring tax credits [1][2][7] - Despite the revenue growth, Tesla's adjusted earnings per share of $0.50 fell short of the consensus estimate of $0.54, attributed to higher costs from restructuring and investments in AI [3][7] - The company reported record-high global vehicle deliveries, indicating growth across all regions, following two consecutive quarters of decline due to backlash against CEO Elon Musk's political activities [1][2] Financial Performance - Tesla's revenue for Q3 2025 reached $28.1 billion, exceeding analysts' expectations [1][7] - The adjusted earnings per share of $0.50 missed the consensus estimate of $0.54 [3][7] - The stock was up approximately 9% for 2025 through the close of Wednesday, despite being down more than 1% in extended trading after the earnings release [4][5] Market Position - Tesla has underperformed compared to other stocks in the Magnificent 7, only outperforming Apple and Amazon this year [5] - The enthusiasm surrounding next-generation businesses like robots and robotaxis has contributed to the stock's recovery, but concerns about the car business persist [2][5]
Tesla Posts Return to Revenue Growth, Though Q3 Profits Miss Estimates
Yahoo Finance· 2025-10-22 20:33
Core Insights - Tesla's revenue grew by 12% year-over-year to $28.1 billion in the third quarter, exceeding analysts' expectations, driven by a surge in vehicle deliveries as buyers capitalized on expiring tax credits [2][4] - The company reported a record high in global vehicle deliveries, indicating growth across all regions, following two consecutive quarters of decline due to backlash against CEO Elon Musk's political activities [2][3] - Despite the revenue growth, Tesla's adjusted earnings per share of $0.50 fell short of the consensus estimate of $0.54, attributed to higher restructuring costs and investments in AI [4][6] Financial Performance - Tesla's shares increased approximately 9% for 2025 through Wednesday's close, recovering from a year spent largely in negative territory [1][5] - The company has underperformed compared to other stocks in the Magnificent 7, with only Apple and Amazon showing worse performance this year [5][6] Future Outlook - Tesla's upcoming products, including Cybercab, semi truck, and Megapack 3 battery, are on schedule for volume production next year, alongside the installation of production lines for Optimus robots [4][6] - Enthusiasm surrounding next-generation businesses like robots and robotaxis has contributed to the stock's recovery, although concerns about the core car business persist [3][6]