Bob Sechler

1 month ago | kxan.com | Bob Sechler

by: Bob Sechler, Assistant Managing Editor, Austin Business JournalPosted:Updated:AUSTIN ( ABJ) - It turns out Tesla Inc. 's sinking stock price and electric vehicle sales over the last few months might not be the only reasons Elon Musk has opted to spend less time in Washington, D.C., and more time on his duties as the Austin-based company's CEO.

2 months ago | bizjournals.com | Bob Sechler

Shares of many publicly traded companies that are based in the Austin metro have plunged amid the stock market's overall selloff. Here's a look at some of them and the reasons why. Included in this report is a list of public companies based here. With the U.S. stock market taking a major haircut in the wake of President Donald Trump's far-reaching tariffs on imported goods, publicly traded companies based in the Austin metro haven't been spared a visit to the barber's chair. Dell Technologies Inc.

2 months ago | kxan.com | Bob Sechler

Sales continue to slump for the automakerby: Bob Sechler - Assistant Managing Editor, Austin Business JournalPosted:Updated:AUSTIN ( ABJ) - Employment by Elon Musk-led Tesla Inc. in the Austin metro has yet to fully recover from the job cuts the company enacted last April at its electric vehicle factory in eastern Travis County, which constituted the region's biggest round of layoffs in at least four decades.

2 months ago | bizjournals.com | Bob Sechler

Vehicles from model years 2024 and 2025 constitute the majority of all Cybertrucks ever made, because the company first released them in November 2023. Tesla Inc.'s Cybertrucks may look rugged enough for the post-apocalypse on Silicon Valley's highways and streets, but some of the adhesive used to hold them together apparently isn't ready for the present day.

Feb 27, 2025 | bizjournals.com | Bob Sechler

The president's tariff threats have rattled business leaders, both locally and nationally, and they've also strained broad consumer confidence. If the additional tariffs do end up being enacted March 4, experts have said they could increase prices for everything from home construction to manufacturing. Tariffs on goods from Mexico and Canada, as well as a new levy on products from China, will take effect next week — unless, of course, they don't.