Tesla Inc
Uber opens ‘interest list’ for Waymo robotaxi rides in Austin
Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Ride-hailing and food delivery app Uber is opening its “interest list” to users in Austin, Texas, who want to be first in line for Waymo robotaxis there. The company said […]
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Asia’s capital market needs a ‘Taylor Swift’ of IPOs to catalyze listings, venture capitalist says
The Shanghai skyline Zorazhuang | E+ | Getty Images Asia’s “nascent capital market” needs a catalyst to kickstart it, an expert said at a CNBC Delivering Alpha event last month. The solution to having more listings in Asia involves having more products, information, fund managers and even good issuers, according to Jenny Lee, founder and […]
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Apple shares fall on concern Trump tariffs on China will hit profit
Apple CEO Tim Cook attends the China Development Forum in Beijing on March 24, 2024. Pedro Pardopedro Pardo | Afp | Getty Images Apple shares fell more than 3% on Monday after President Donald Trump announced 10% tariffs on China, where the company assembles the majority of its products. Apple’s decline was steeper than all […]
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Tesla shares drop 5% on Trump tariffs, decline in vehicle registrations in Europe
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024. Jonathan Nackstrand | Afp | Getty Images Tesla shares slid about 5% on Monday after President Donald Trump announced plans for extensive tariffs on […]
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Charts indicate further downside is ahead for Tesla, auto stocks just as tariff threat emerges
Auto stocks faced a steep sell-off at Monday’s open following the implementation of new tariff policies. Electric and autonomous vehicle companies were hit particularly hard. This newfound struggle for auto stocks could contribute to a broader, long-term trend of underperformance for the industry group, with technical headwinds expected to persist. The Global X Autonomous and […]
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Stocks making the biggest moves midday: General Motors, Tyson Foods, Triumph and more
Check out the companies making headlines in midday trading: Stocks moving on tariffs — U.S. stocks are off their lows after the U.S. and Mexico said tariffs against the latter country would be delayed for one month. Initially, stocks dropped on tariffs announced over the weekend against key trading partners, with a 25% tax on […]
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Stocks making the biggest moves premarket: General Motors, Constellation Brands, Tyson Foods and more
Check out the companies making headlines before the bell. Stocks moving on tariffs — U.S. stocks reacted to the new 25% tariffs President Donald Trump levied on Saturday on goods from Canada and Mexico, and 10% on China, effective at midnight Monday. Stocks suffering the most included automakers and suppliers, consumer goods makers, clothing companies, […]
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Honda’s new EV production revolution begins with $1 billion investment in Ohio
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC MARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio. Honda is in the midst of completing […]
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Volkswagen sues India to quash ‘enormous’ $1.4 billion tax demand, legal filing shows
Volkswagen logo is fixed by an employee on a production line for the Golf VIII and Tiguan cars at the VW headquarters in Wolfsburg, Germany May 23, 2024. Fabian Bimmer | Reuters Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of $1.4 billion, arguing the ask is contradictory to New Delhi’s […]
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DeepSeek shocked the AI world this week. Here’s how tech CEOs responded
Microsoft CEO Satya Nadella commented on its “real innovations.” OpenAI’s Sam Altman described it as “clearly a great model.” Apple CEO Tim Cook said “innovation that drives efficiency is a good thing.” And Palantir’s Alex Karp said it shows the importance of “an all-country effort.” The tech CEOs were all talking about China’s DeepSeek, which […]
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