Tesla Inc
GM ditching ‘Ultium’ name for batteries, tech amid EV changes
General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it […]
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‘Easy money’: Trump backer Elon Musk claims PAC will pay $47 for swing state voter information
Tesla CEO and X owner Elon Musk speaks during a rally for Republican presidential nominee and former U.S. president Donald Trump, at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. Carlos Barria | Reuters Tesla CEO Elon Musk, who is backing Donald Trump in the presidential election, […]
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Robotaxis are here but the public is reluctant to embrace them
Driverless cars are speeding onto America’s streets, but whether the public will trust robotaxis remains an open question. Nearly two-thirds of Americans said they would not want to ride in a driverless passenger vehicle if they had the opportunity, according to a Pew Research Center Survey. That’s because residents in cities that have yet to […]
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North Carolina senator calls conspiracy theories around Helene federal response a ‘distraction’
An aerial view of flood damage wrought by Hurricane Helene along the Swannanoa River on October 3, 2024 in Asheville, North Carolina. Mario Tama | Getty Images Sen. Thom Tillis, R-N.C., chided some of the conspiracy theories that have surfaced surrounding the Hurricane Helene recovery efforts in western North Carolina. “If there are any challenges, […]
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Jim Cramer’s week ahead: CPI data and earnings from Delta, Domino’s and major banks
CNBC’s Jim Cramer reviewed next week’s top market-moving action, highlighting new consumer price index data and a slew of earnings reports as the season begins, including ones from Delta, Domino’s and several major banks. He also noted the stocks rally on Friday as Wall Street celebrated better-than-expected job creation last month. “A market that appreciates […]
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Rio Tinto in talks to buy lithium miner Arcadium, sources tell Reuters
Jakob Stausholm, chief executive officer of Rio Tinto Ltd., during a Bloomberg Television interview in New York, US, on Thursday, Sept. 26, 2024. Victor J. Blue | Bloomberg | Getty Images Rio Tinto has been holding talks to buy lithium miner Arcadium, three sources with direct knowledge of the negotiations said, a deal that would make […]
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Tesla to recall over 27,000 Cybertruck vehicles over rear-view image delay
New Tesla Cybertruck vehicles parked at a logistics drop zone in Seattle, Washington, US, on Thursday, Aug. 22, 2024. M. Scott Brauer | Bloomberg | Getty Images Tesla said on Thursday it would recall most Cybertrucks in the U.S. due to delayed rear-view camera images that could impair driver visibility and increase crash risks, adding […]
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CNBC Daily Open: Buffeted by Middle East, propelled by China
Customers at a restaurants on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like […]
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After a decade of Elon Musk promising Tesla robotaxis, here’s what we know
For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. Next week, the company will unveil the design of its autonomous cabs. Despite years of bold predictions and missed deadlines, fans of the company are holding out hope that Musk will finally deliver at an Oct. […]
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Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs
A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT – Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker’s EV growth slowed. Ford on Wednesday reported […]
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