Elon Musk
Trump AG highlights three Tesla arson cases, adding to White House defense of Musk’s company
Burned Teslas are shown at a Tesla Collision Center after an individual used incendiary devices to set several vehicles on fire on March 18, 2025 in Las Vegas, Nevada. Ethan Miller | Getty Images Attorney General Pam Bondi on Thursday touted federal cases against people accused of setting fire to Tesla cars and property, adding […]
Read More
Top Tesla analyst cuts target on falling sales, but keeps buy rating
Morgan Stanley analyst Adam Jonas trimmed his price target on Tesla shares, citing weak auto deliveries. Jonas reduced his target to $410 from $430 per share, which still implies shares climbing 73.5% from Thursday’s close. He remained overweight on the name and kept it a “top pick,” however. The analyst cut his first-quarter delivery estimates […]
Read More
Danny Moses of ‘The Big Short’ says the market is underestimating DOGE’s negative impact on the economy
Investor Danny Moses, who made a killing betting against mortgage-backed debt before the 2008 crash, said Thursday the market is mistakenly failing to discount the negative effect from federal spending cuts spearheaded by the Department of Government Efficiency. “I think we are underestimating the impact to the economy of the cuts we’re making at the […]
Read More
Abu Dhabi’s ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
A car drives past a building of the Digital Reality Data Center in Ashburn, Virginia, U.S., March 17, 2025. Leah Millis | Reuters Sovereign wealth fund ADQ and American private equity firm Energy Capital Partners, or ECP, have signed a deal for a $25 billion investment partnership dedicated to increasing power generation, primarily in the […]
Read More
Tesla recalls 46,000 Cybertrucks, citing exterior panel that it says can increase ‘risk of crash’
Tesla vehicles, including a Cybertruck, at left, are parked in front of the White House in Washington, March 11, 2025. Kevin Lamarque | Reuters Tesla is recalling more than 46,000 of its Cybertrucks due to a cosmetic exterior trim panel that it said can “delaminate and detach from the vehicle,” potentially becoming a road hazard […]
Read More
White House forces out CEO of passenger railroad Amtrak
Amtrak CEO Stephen J. Gardner looks on during a hearing before the House Subcommittee on Railroads, Pipelines, and Hazardous Materials in the Rayburn House Office Building on June 6, 2023 in Washington, DC. Anna Moneymaker | Getty Images The White House this week forced Amtrak CEO Stephen Gardner to step down as head of the U.S. passenger railroad […]
Read More
FTC commissioner fired by Trump says her ouster should concern markets
One of the two Democratic commissioners at the Federal Trade Commission whom President Donald Trump abruptly fired Tuesday warned that her ouster could erode market stability. “This isn’t just about the FTC, and it’s not about my job,” former commissioner Rebecca Kelly Slaughter said Wednesday on CNBC’s “Squawk on the Street.” “This is about policing […]
Read More
Meta’s potential exit from Delaware had governor worried enough to call special weekend meetings
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters After news broke on the last day of January that Meta might follow Elon Musk’s lead in exiting Delaware to incorporate in another state, Democratic Gov. Matt Meyer sprung into action. Delaware has long been the dominant […]
Read More
Tesla gets first in a series of permits it needs to run robotaxis in California
Tesla on Tuesday received the first in a series of approvals from California required for the electric car maker to eventually launch a promised robotaxi service in the state, according to a state regulator. Brandon Bell | Getty Images Tesla on Tuesday received the first in a series of approvals from California required for the electric car maker to eventually launch a […]
Read More
Boeing Starliner astronauts who were supposed to be in space for nine days returning to Earth after nine months on ISS
NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing’s Starliner to the International Space Station on NASA The two U.S. astronauts who had been at the International Space Station for nine months after their faulty Boeing Starliner capsule returned without them are finally heading home. NASA astronauts Butch Wilmore and […]
Read More