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
04-08-24 1923ET