Tesla Inc
Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7
Key Points China’s Xiaomi is taking aim at Tesla’s bestselling car in China with the YU7 SUV due for launch this summer. “We expect Yu7 would significantly erode Tesla Model-Y’s China market share,” Citi analyst Jeff Chung said in a report Sunday. The YU7 is positioned as a “luxury SUV” and its sales could outperform […]
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Elon Musk’s X down for tens of thousands of users
Elon Musk looks on as U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025. Kevin Lamarque | Reuters The Elon Musk-owned social media platform X experienced outages on Saturday morning, with tens of thousands of users reportedly unable to […]
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Amazon’s Zoox robotaxi unit issues second software recall in a month after San Francisco crash
A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty Images Amazon‘s Zoox robotaxi unit issued a voluntary recall of its software for the second time in a month following a recent crash in San Francisco. On May 8, an unoccupied Zoox robotaxi was […]
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Stocks making the biggest moves premarket: Apple, Tesla, Intuit, Ross Stores and more
Check out the companies making headlines before the bell: Apple — The tech giant saw shares fall 3.5% in premarket trading after President Donald Trump said in a social media post that Apple will have to pay a tariff of 25% or more for iPhones made outside the U.S. Nuclear stocks — Stocks tied to […]
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Musk’s DOGE expanding his Grok AI in U.S. government, raising conflict concerns: Reuters
Elon Musk looks on as U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025. Kevin Lamarque | Reuters Billionaire Elon Musk’s DOGE team is expanding use of his artificial intelligence chatbot Grok in the U.S. federal government to analyze data, three […]
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BYD beats Tesla in European EV sales despite EU tariffs in ‘watershed moment,’ report says
Though the difference between the two brands’ monthly sales totals is relatively small, the implications of BYD beating out Tesla “are enormous,” says Felipe Munoz, global automotive analyst at JATO Dynamics. Jaap Arriens | Nurphoto | Getty Images BYD sold more pure battery electric vehicles in Europe than Tesla for the first time ever last […]
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Kraken opening digital tokens of Apple, Tesla and Nvidia to people outside the U.S.
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken, a crypto exchange that has spent years in court battling charges brought by the U.S. Securities and Exchange Commission over its digital asset offerings, is preparing to offer tokenized securities, including shares of Apple, Tesla, and Nvidia, to […]
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China’s Xiaomi claims new phone chip rivals Apple at a cheaper price
Key Points Chinese smartphone company Xiaomi on Thursday claimed its new Xring O1 chip beat Apple’s version on a few metrics. The new chip will be part of Xiaomi’s new 15S Pro phone, priced below the Apple iPhone 16 Pro in China. Xiaomi also revealed its YU7 electric SUV. Source
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Trump urged to make Musk, DOGE workers certify they won’t use government data for personal benefit
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty Images Sen. Jeanne Shaheen urged President Donald Trump on Wednesday to require billionaire Elon Musk […]
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CNBC Daily Open: Tariff tumult rocking markets doesn’t mean artificial intelligence is out of the picture
A view of a Tesla Cybercab, also known as the Robotaxi, during the Silicon Valley Auto Show at Santa Clara Convention Center in California, U.S., on Feb. 22, 2025. Tayfun Coskun | Anadolu | Getty Images One consequence of the tariff tumult caused by U.S. President Donald Trump over the past month is that investor […]
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