Labor Market Added 372,000 Jobs In June As Layoffs And Recession Fears Grow

Topline The U.S. labor market—one of the economy’s strongest pillars during the pandemic recovery—added back 372,000 jobs in June, performing better than economists projected amid concerns the Federal...

‘Doing My Best To Help The Underpopulation Crisis’

Topline The world’s wealthiest man Elon Musk apparently confirmed a report from Insider that he had twins with an executive at his company Neuralink last year in a characteristically cheeky tweet Thur...

Congress’ Only PhD Physicist Talks Energy Policy And Why It Made Sense For The Obama Administration To Bet On Elon Musk And Tesla

Rep. Bill Foster, D-Ill., leaves the Capitol on Wednesday, May 18, 2022. (Bill Clark/CQ-Roll Call, … [+] Inc via Getty Images) CQ-Roll Call, Inc via Getty Images Rep. Bill Foster (D-Ill.) has sp...

BYD, Chinese EV Rivals Turning Into Tesla’s Toughest Competition

BYD began selling its Han electric sedan, priced from about $32,000 in China, earlier this year. BYD Elon Musk’s Tesla was the clear global leader in electric vehicle sales at the start of 2022, power...

Number Of Open Jobs In U.S. Fell In May — Here’s What It Means For The Labor Shortage

Topline Job openings continued to dwindle for the second straight month, while the number of hires and discharges remained steady, according to new data for the month of May from the Bureau of Labor S...

Tesla Stock Quivers On Weak Q2 Delivery Numbers

Getty Images Key takeaways TSLA shed over 4% intraday Tuesday before rebounding to close up 2.55% in the session The initial Tesla stock shock occurred after Tesla announced fewer-than-expected vehicl...

UK Army’s Twitter and YouTube accounts hacked to promote crypto scams

A screenshot of the British Army’s Twitter profile when it was hacked, via Wayback Machine. Its profile and banner pictures were changed to resemble a nonfungible token collection called “...

Tesla’s Bumpy Quarter Might Be About More Than Lockdowns in China

The smooth acceleration shown by Tesla in the past two years faltered in the second quarter. Chief Executive Elon Musk has offered hints that the problems run deeper than lockdowns in Shanghai. On Sat...

Tesla Delivery Pace Drops In Second Quarter On China Slowdown

Elon Musk at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Tesla’s billionaire CEO had anticipated more robust deliveries at the start of the seco...

Tesla Vehicle Deliveries Tumble After China Factory Shutdown

Tesla vehicle deliveries fell quarter-over-quarter for the first time in more than two years, reflecting an extended shutdown in China, supply-chain disruptions and challenges associated with opening ...

Supreme Court Limits EPA, Nikola Founder Nixes Share Increases And How Climate Change Hurts Harvests

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images On Thursday, the Supreme Cou...

FCC approves SpaceX Starlink service to vehicles, boats, planes

The Starlink logo is seen in the background of a silhouetted woman holding a mobile phone. Sopa Images | Lightrocket | Getty Images The Federal Communications Commission authorized SpaceX to provide S...

Palantir CEO Alex Karp on fighting with Peter Thiel and progressives

As U.S. companies and executives balance publicly addressing hot-button political topics, Palantir CEO Alex Karp said many still struggle with figuring out when they must speak out and when they shoul...

Tesla Analysts Slash EV Delivery Forecasts After Turbulent China Quarter

Elon Musk speaks during the opening of Tesla’s Giga Berlin plant near Gruenheide, Germany, on March 22. Getty Images Tesla began the second quarter on a tear after starting 2022 with its biggest...

Tesla Factories Actually Burn Through Skepticism

CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing “Cyber Rodeo” grand … [+] opening party on April 7, 2022 in Austin, Texas. – Tesla welcomed throngs o...

More Offshore Wind, Tesla’s ‘Money Furnaces’ And Green Hydrogen In Coal Country

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images On Thursday, the Biden Admin...

CEO Gloom Opens Pathway To Tech Stock Resurgence

Most corporate leaders now expect a recession as soon as next year. Getty Images Most corporate leaders now expect a recession as soon as next year. This is what it means for investors. A survey relea...

Musk Calls Tesla’s Berlin, Austin Plants ‘Money Furnaces’ Amid Startup Snags

Tesla CEO Elon Musk speaks at the opening of Giga Texas in Austin on April 7, 2022. AFP via Getty Images) Tesla’s brand new plants in Germany and Texas will eventually help the electric-car maker dram...

Do You Know Which Are The ‘Most American’ Cars For 2022?

The Tesla Model Y SUV is the “most American” car, according to the 2022 American-Made Index compiled … [+] by Cars.com. picture alliance via Getty Images At one time it easy to deter...

SpaceX FCC broadband feud vs. Dish, Michael Dell affiliate worsens

SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, Spain. Nurphoto | Nurphoto | Getty Images W...

Elon Musk says 3 issues need to be resolved before Twitter deal closes

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 ma...

Kellogg, Lennar, Spirit Airlines and others

Check out the companies making headlines before the bell: Kellogg (K) – Kellogg jumped 8.1% in premarket trading after announcing plans to split into three separate public companies. One entity will c...

Elon Musk Says U.S. Recession Is ‘Inevitable,’ More Likely In The Near Term

Topline Tesla CEO and billionaire Elon Musk said the U.S. economy will likely face a recession in the near term in an interview with Bloomberg on Tuesday, echoing concerns raised by several other top ...

Elon Musk Says He Is Buying the Crypto Dip

This is undoubtedly the wake-up call the cryptocurrency market needed. Now, will this be enough to stabilize prices, the next few hours will tell, but there are still many questions, especially about ...

$9 Billion For Climate Tech Startups, Tesla’s Tough Quarter And Flooding In Yellowstone

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. More than $2.5 billion in the first quart...

SpaceX Fires Employees Involved in Letter Critical of Elon Musk, Company

SpaceX fired some employees involved in a letter that criticized Chief Executive Elon Musk and the way the company applies internal rules, according to an email to staff from SpaceX’s president and pe...

Just The Latest In A Rough Week

Topline A Tesla investor filed a suit against CEO Elon Musk on Thursday over claims the company failed to respond to harassment and discrimination complaints, the latest in a tough week for the billio...

Elon Musk had a bad week at Tesla, SpaceX and Twitter

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 ...

SpaceX fires employees after internal letter criticizes CEO Elon Musk

SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency&#...

SpaceX Reportedly Fires Employees Over Open Letter Denouncing Elon Musk

Topline Elon Musk’s SpaceX has fired employees who took part in writing and sharing an open letter criticizing the billionaire chief executive of the rocket company, according to multiple news reports...

Elon Musk Is Furious – TheStreet

Elon Musk is angry.  His detractors will see a lack of fair play, while his fans will give him reason.  Before getting to the reason for his anger, it should be noted that for more than a decade, from...

Tesla’s Tough Quarter Means Price Hikes, Job Cuts And Stalled Production In China

Tesla Model Y and Model 3 electric vehicles built at the company’s Shanghai plant are loaded up to be shipped to Belgium. Shen Chunchen/VCG via Getty Images Tesla’s Model Y, the electric-car mak...