Elon Musk
Tesla initiates sixth Cybertruck recall in a year
New Tesla Cybertruck vehicles parked at a logistics drop zone in Seattle on Aug. 22, 2024. M. Scott Brauer | Bloomberg | Getty Images Tesla is recalling 2,431 Cybertrucks to replace defective drive inverters, according to notices made public by the National Highway Traffic Safety Administration on Wednesday. It’s the sixth recall of the Cybertruck […]
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Elon Musk will attend Trump’s first post-election meeting with House Republicans in D.C.
Elon Musk, chief executive officer of Tesla Inc., left, and former US President Donald Trump, prior to a campaign event at the Butler Farm Show in Butler, Pennsylvania, US, on Saturday, Oct. 5, 2024. Justin Merriman | Bloomberg | Getty Images Elon Musk on Wednesday will join President-elect Donald Trump for his first post-election meeting […]
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Trump says Musk and Ramaswamy will lead government efficiency group
Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Anna Moneymaker | Getty Images President-elect Donald Trump said Tuesday that Elon Musk and former Republican presidential hopeful Vivek Ramaswamy will lead an efficiency group when his second term begins in January. Trump wrote in a post that the […]
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Elon Musk is no Kissinger, but may help improve U.S.-China relations, experts say
Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Anna Moneymaker | Getty Images Elon Musk’s relationship with Donald Trump has fueled expectations that he could soften the U.S. President-elect’s policy stance toward Beijing, but experts caution against putting too much stock into the Tesla CEO. The billionaire […]
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Bitcoin is closing in on $90,000 for the first time ever
Bitcoin was trading just shy of $90,000 Monday night after breaching $80,000 just a day earlier. The flagship cryptocurrency was last higher by 12% at $89,100, according to Coin Metrics. Earlier Monday, it rose as high as $89,623.00. Its price is expected by many investors to continue making fresh records on its way up to […]
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Tesla shares pop 8% as postelection rally continues
Elon Musk embraces Republican presidential nominee and former President Donald Trump during a campaign rally at the Butler Farm Show fairgrounds in Butler, Pennsylvania, on Oct. 5, 2024. Anna Moneymaker | Getty Images Tesla shares popped roughly 8% on Monday, continuing to ride a postelection rally as President-elect Trump, closely allied with CEO Elon Musk, […]
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GM’s Wall Street vindication is happening as it outperforms its peers in 2024
Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is proving it’s a standout among automakers this year as it continues to consistently outperform Wall […]
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‘#EndtheFed’: Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win
Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024. Jim Watson | Afp | Getty Images Tesla and SpaceX CEO Elon Musk, the billionaire backer of newly minted President-elect Donald […]
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‘Two-stocks’ are better than one? Repacking ‘pair trades’
The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s […]
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Tesla’s social media posts falsely implied that its cars are robotaxis, NHTSA warns
Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024, in this still image taken from a video. Tesla | Via Reuters Tesla has falsely suggested in social media posts that its cars are autonomous, potentially misleading and endangering drivers, according to […]
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