Tesla Inc
‘Political malpractice’ if Trump undoes climate-geared Biden projects, outgoing U.S. energy secretary says
U.S. Secretary of Energy Jennifer Granholm speaks to the media on day five at the UNFCCC COP29 Climate Conference on November 15, 2024 in Baku, Azerbaijan. Sean Gallup | Getty Images News | Getty Images A potential decision by Donald Trump to walk back the Biden administration’s climate-geared projects would impact jobs in areas governed […]
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Elon Musk’s xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13, 2024 in Washington, DC. Allison Robbert | Getty Images Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David […]
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Ron Baron sees Tesla worth $5 trillion in 10 years, says Musk eyeing $30 trillion value one day
Billionaire investor Ron Baron, a longtime Tesla bull and shareholder, believes the electric vehicle company could hit a $5 trillion market capitalization in a decade, saying CEO Elon Musk has an even higher number in mind longer term. “Tesla, I think, is going to be worth $3 or $4 trillion — $5 trillion in 10 […]
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Asia markets mixed as investors assess China economic data and Japan GDP after Wall Street falls
A view of the night scenery in Shanghai, China S3studio | Getty Images Entertainment | Getty Images Asia markets were mixed Friday as Wall Street fell after U.S. Federal Reserve Chair Jerome Powell indicated the central bank was in no rush to cut rates, with investors also assessing China and Japan economic data. Speaking in […]
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Argentina’s Milei is a VIP at Mar-a-Lago as Trump, Musk embrace his attacks on government spending
President-elect Donald Trump and Argentina’s President Javier Milei at Mar-a-Lago on November 14, 2024 Courtesy presidential office of Argentina Self-described anarcho-capitalist President Javier Milei of Argentina became the first foreign leader to visit President-elect Donald Trump since he won a second term, arriving in Florida Thursday to attend a gala dinner at Trump’s Mar-a-Lago resort, […]
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Trump’s transition team aims to kill Biden EV tax credit: Reuters
U.S. President Joe Biden answers questions from reporters after driving a Jeep Wrangler Rubicon Xe around the White House driveway following remarks during an event on the South Lawn of the White House on Aug. 5, 2021, in Washington, D.C. Biden delivered remarks on the administration’s efforts to strengthen American leadership on clean cars and […]
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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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Dow rises 100 points as as traders assess state of postelection rally, new inflation data: Live updates
Traders work on the New York Stock Exchange floor on November 12, 2024 in New York City. Source: NYSE The Dow Jones Industrial Average inched higher Wednesday as investors look to keep a postelection rally going after a key inflation report was in line with expectations. The 30-stock Dow added 180 points, or 0.03%. The […]
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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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This climate startup is challenging Tesla in the race to electrify big rigs
On the road to electrifying vehicles, cars and small trucks are getting there. Big rigs, however, pose bigger hurdles. The trouble with electrifying tractor-trailer trucks is that the tractor component needs more power than the current charging infrastructure can handle and the necessary charging time is long. Major truck manufacturers like Volvo, Freightliner and Tesla […]
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