Tesla Inc
Elon Musk backs ‘tight’ background checks for all gun sales in wake of mass shooting in Texas
Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. FilmMagic | HBO | Getty Images Tesla and SpaceX CEO Elon Musk called for “tight” background checks for all gun purchases while also backing gun ownership as a “safeguard” against political tyranny — a […]
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Andreessen Horowitz raises $4.5 billion crypto fund to take advantage of bargains in down market
Chris Dixon, General Partner at Andreessen Horowitz, discusses cryptocurrency during the TechCrunch Disrupt forum in San Francisco, October 2, 2019. Kate Munsch | Reuters Andreessen Horowitz plans to plow billions of dollars into crypto start-ups while digital asset markets are in a rut. The Silicon Valley firm announced a new $4.5 billion fund for backing […]
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Electric vehicles are in short supply. Here’s what you can find as gas prices soar
Charging port for a Ford Motor Co. Mustang during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images As gas prices hit record highs, some Americans might be tempted to go electric and ease the pain at the pump. But finding a shiny, new electric vehicle […]
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In a faceoff with Elon Musk, the SEC blinked
Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images U.S. securities regulators have pulled their punches in dealings with Elon Musk largely because an April 2019 court hearing on a statement he made about Tesla […]
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Volkswagen chief says German car giant will overtake Tesla on electric vehicle sales by 2025
Diess said he expects Germany’s auto giant to create some momentum over the coming months. Jens Schlueter | Afp | Getty Images The chief executive of Volkswagen believes Europe’s biggest carmaker can overtake Tesla to become the world’s largest seller of electric vehicles by 2025. Speaking to CNBC’s “Squawk Box Europe” at the World Economic […]
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Chinese buyers not living in lockdown shake off electric car price hikes, Xpeng says
Guangzhou-based Xpeng is one of several Chinese electric car companies that’s started to expand overseas. Feature China | Future Publishing | Getty Images BEIJING — In a sign Chinese drivers are still willing to buy electric, start-up Xpeng said that demand for its cars has shaken off the impact of price hikes. From Nio to […]
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Why the first autonomous vehicles winners won’t be parked in your driveway
An Apollo Robotaxi runs at Shougang Park as Baidu launches China’s first driverless taxi service in the city on May 2, 2021 in Beijing, China. He Luqi | Qianlong.com | Visual China Group | Getty Images For years, Alphabet’s Waymo and others leaders have promised autonomous vehicles are just around the bend. But that future […]
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How Elon Musk’s Twitter takeover plans shook Wall Street and social media
Elon Musk wears many hats as Tesla CEO, SpaceX CEO, and founder of the Boring Company and Neuralink. He’s also a prolific Twitter user. The news that Musk made a $44 billion offer to buy Twitter and potentially become the social media company’s CEO has sent shock waves through Wall Street and social media. “Forty-four […]
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Automakers are jacking up prices on electric vehicles to bake in rising materials costs
Tesla’s Model 3 at the Tesla store in Washington, D.C. Salwan Georges | The Washington Post | Getty Images Automakers from Tesla to Rivian to Cadillac are hiking prices on their electric vehicles amid changing market conditions and rising commodity costs, specifically for key materials needed for EV batteries. Battery prices have been declining for […]
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Tech stocks are mired in their longest weekly losing streak since dot-com bust
Traders on the NYSE, May 20, 2022. Source: NYSE Tech companies haven’t seen a selloff like since 2001 and the bursting of the dot-com bubble. The Nasdaq declined 3.8% this week, falling for a seventh straight week. It’s the longest losing streak for the tech-heavy index in 21 years. Inflation, rising interest rates, the war […]
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