Tesla Inc
Elon Musk says 3 issues need to be resolved before his Twitter buyout can go ahead
In this photo illustration, Twitter account of Elon Musk is seen on a smartphone screen and Twitter logo in the background. Pavlo Gonchar | Lightrocket | Getty Images Elon Musk says there are three main hurdles to overcome before he can complete his purchase of Twitter. Musk is seeking to buy Twitter for $44 billion, […]
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Elon Musk says Tesla will lay off 3.5% of total workforce as ex-employees sue company
Tesla CEO Elon Musk. Patrick Pleul | AFP | Getty Images Elon Musk has sought to clarify how many Tesla workers will lose their jobs, following the launch of a lawsuit by former employees who claim the automaker breached U.S. labor laws. Speaking at an event hosted by Bloomberg Tuesday, Musk said Tesla would reduce […]
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How GM, Ford and Tesla are tackling the national EV charging challenge
More people than ever are buying electric vehicles. There are about 2 million EVs on the road in the U.S., up six-fold since 2016, but the number of EVs is still a very small slice of the more than 280 million vehicles in operation. Some factors, such as upfront cost and battery range, are largely […]
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Volvo says it has started testing trucks with fuel cells powered by hydrogen
According to Volvo Trucks, fuel cells for the vehicles will be provided by cellcentric, a joint venture with Daimler Truck that was established in March 2021. Tomohiro Ohsumi | Bloomberg | Getty Images Volvo Trucks said Monday that it had begun to test vehicles that use “fuel cells powered by hydrogen,” with the Swedish firm […]
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Jokowi lays out his pitch for why Elon Musk should invest in Indonesia
Elon Musk, here seen at an event in New York in early-May, is being aggressively courted to produce his electric vehicles “end to end” in resource-rich Indonesia. Angela Weiss | AFP | Getty Images President Joko Widodo denied that Indonesia has turned protectionist during his tenure, saying the gates remain open to all players — […]
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Jokowi says rising food prices are dangerous and puts developing nations like Indonesia at risk
Indonesian President Joko Widodo, here seen standing to the left of U.S. President Joe Biden during a summit meeting of Southeast Asian leaders at the White House in May, hinted that he may try to launch a peace initiative during his upcoming visit to Europe. Drew Angerer | Getty Images News | Getty Images Indonesia’s […]
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Ron Baron says this is a once-in-a-generation buying opportunity as stocks tumble into bear market
Longtime investor Ron Baron believes investors are being presented with a once-in-a-lifetime buying opportunity after stocks fell into a bear market on fears of a recession. “Hope you’re able to get someone or lots of someone to tell your viewers that this is HUGE once in generation BUYING opportunity,” Baron said in an email sent […]
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Elon Musk had a bad week
Elon Musk pauses and looks down as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images In what’s been a particularly eventful year for Elon Musk, this was a decidedly rough week. Tesla’s stock, which has […]
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GM is raising the price of its electric Hummer starting this weekend
GMC Hummer EV Edition 1 Michael Wayland | CNBC GM said Friday that it is increasing the price of its electric Hummer by $6,250, effective Saturday. The company blamed higher prices for parts, technology and logistics. All reservations placed before Saturday are exempt from the increase, the company said. The Hummer EV pickup truck currently […]
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to bounce but still tracking for a terrible week Traders on the floor of the NYSE, June 16, 2022. Source: NYSE U.S. stock futures on Friday pointed to a strong open on Wall Street. […]
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