Elon Musk, SpaceX And Tesla Sued For $258 Billion In Alleged Dogecoin ‘Pyramid Scheme’

Topline Elon Musk, SpaceX and Tesla were sued in federal court Thursday over claims that Musk directly “manipulated” the price of Dogecoin in a deliberate “crypto pyramid scheme” conducted over Twitte...

What Layoffs At Tesla And Coinbase Mean For Investors

SOPA Images/LightRocket via Getty Images Key takeaways Tesla have announced layoffs to 10% of their workforce with Coinbase also laying 18% of theirs It’s the latest in a string of headcount reduction...

Jabil, Commercial Metals, Tesla and more

Check out the companies making headlines before the bell: Jabil (JBL) – The contract electronics manufacturer saw its stock rise 1.2% in premarket trading after beating top and bottom-line estimates f...

NHTSA data shows Tesla accounts for most driver-assist crashes

The NTSB released this image of a 2021 Tesla Model 3 Long Range Dual Motor electric car that was involved in a fatal accident near Miami that killed two people on Sept. 13, 2021. NTSB Tesla vehicles h...

Elon Musk Appeals Judge’s Refusal To End Supervision Of His Tesla Tweets

Topline Elon Musk on Wednesday appealed a federal judge’s refusal to end an agreement between the Tesla CEO and the Securities and Exchange Commission, which requires oversight of his Twitter posts ab...

Tesla’s Musk Sends Dire Warning to Rivals Lucid and Rivian

When Elon Musk, the CEO of Tesla  (TSLA) – Get Tesla Inc. Report, speaks about the environment and the problems facing the automobile sector, industry actors listen.  For many years, the billion...

Ford Makes a Misstep in Its Race Against Tesla

Ford  (F) – Get Ford Motor Company Report doesn’t want to see setbacks in its race against Tesla  (TSLA) – Get Tesla Inc. Report.  The legacy carmaker — and everyone else ̵...

SpaceX Starship ‘ready to fly’ by July

Starship prototypes are pictured at the SpaceX South Texas launch site in Brownsville, Texas, U.S., May 22, 2022. Picture taken May 22, 2022.  Veronica Cardenas | Reuters SpaceX is closing in on the n...

Elon Musk Is No Longer a $200 Billion Man

Recession fears affect almost everyone.  Even the richest man in the world, who has just left the most select club on the planet. Elon Musk, the CEO of electric vehicle manufacturer Tesla  (TSLA) R...

FAA SpaceX Starship environmental review clears Texas program to move forward

A Starship prototype stands on the company’s launchpad in Boca Chica, Texas on March 16, 2022. SpaceX The Federal Aviation Administration on Monday said it will require Elon Musk’s SpaceX ...

Forbes Global 2000 Firms Judged ‘Alarmingly Weak’ On Climate Plans

Companies such as Exxon Mobil have climate pledges that might look good on paper – but with no plan … [+] to account for the emissions released when the firm’s gasoline is burned, th...

Pausing Solar Tariffs, Tesla’s Stock Split And Quantum Computing For Sustainable Manufacturing

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. China News Service via Getty Images Earli...

Is Tesla Backtracking On Its Camera-Only Autopilot Strategy?

About a year ago, Tesla announced that it was dropping the use of radar for Autopilot and Full Self-Driving on the Model 3 and Y. The argument was that it could perform the same function with just cam...

Elon Musk Needs This to Happen Before Tesla Can Split its Stock 3-for-1

Tesla  (TSLA) – Get Tesla Inc. Report is planning to split its stock 3-for-1 according to a regulatory filing late on June 10, but something has to happen first. The electrical vehicle maker mad...

Tesla Files For Another Stock Split—Reveals Billionaire Larry Ellison To Leave Board

Topline In a regulatory filing released Friday afternoon, Tesla said it would ask shareholders to approve its second stock split in less than two years at its upcoming annual meeting, after teasing a ...

Tesla Stock Can Jump Another 50% Thanks To ‘Superior’ Growth In The Years Ahead, Analysts Say

Topline Tesla’s stock jumped on Thursday after yet another analyst upgraded the stock to a buy rating, with many experts on Wall Street remaining optimistic that Elon Musk’s electric-vehicle maker sti...

Tesla Holds Hiring Event In China After Musk’s Threat Of Layoffs And Hiring Freeze

Topline Tesla is holding an online hiring event in China on Thursday, Reuters reported citing an online post by the company, after the electric carmaker’s CEO, Elon Musk, appeared to backtrack on his ...

Cathie Wood Called Elon Musk One of These in an Interview

Cathie Wood is famous for making bold predictions about innovations. When she’s right, the results can be spectacular. The fund manager of the Ark Inovation ETF  (ARKK) – Get ARK Innovation ETF ...

Shares of China EV maker BYD jump after exec announces Tesla battery deal

This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi’an plant. BYD is set to supply Tesla with batteries “very soon,”...

Elon Musk says offering is 3 or 4 years away

SpaceX CEO Elon Musk stands at the base of a Starship rocket prototype at the company’s facility in Boca Chica, Texas. Steve Jurvetson on flickr Elon Musk last week told SpaceX employees the com...

Top 10 Stocks by Searches; One Guess Which is No. 1

The most popular stocks in the United States could be measured in a lot of ways.  One brokerage recently opted to use frequency of search to come up with a list.  XTB Online Trading screened out the 5...

How Is The Economy Doing Right Now In 2022?

Getty Images Key Takeaways The stock market performed incredibly well in 2020 and 2021, despite a challenging economic backdrop There’s no real consensus on whether a recession is likely over the next...

What The Great Recession Teaches Us About Surviving The Next Downturn

Businesses are girding for an economic downturn getty Brace yourself for an economic hurricane. That was the advice conveyed by JPMorgan Chase CEO Jamie Dimon earlier this month at a financial confere...

Musk Hints He Could Walk Away From Twitter Deal Over Bots

Topline Elon Musk threatened to balk on his $44 billion deal to take over Twitter in a Monday morning letter to the company filed with the Securities and Exchange Commission, accusing the social media...

Elon Musk Has Lots To Say About Workers At Tesla–Which Continues To Lead U.S. Carmakers In Safety Violations

Tesla is building electric vehicles as quickly as it can in Fremont, California, but the company continues to lead the U.S. auto industry in workplace safety violations according to OSHA data. AFP via...

3 Things Elon Musk Got Right About The Return To The Office (And Some He Got Wrong)

He got it wrong, but also partially right in his letter to employees. Getty Images True to his persona, Elon Musk has created quite a stir with his letter to his employees about the return to the offi...

Elon Musk’s Big Bet Against Remote Work: Will Tesla Win?

Hybrid work is the new normal ptrtraining Elon Musk’s June 1 email to Tesla employees was titled, “To Be Super Clear.” His directive left no room for speculation: Everyone, at every level, was ordered...

Ammonia-Powered Tractors, Why Cutting Air Pollution Boosts Crops And Ford’s Big EV Expansion

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. Brian Banducci for Amogy Brooklyn-based A...

Tesla Could Have A Working Humanoid Robot By September 2022

Elon Musk recently postponed Tesla’s second AI Day from August 19th to September 30th. We’re all used to Tesla’s slipping deadlines, but the reasons for this one are intriguing. In a Tweet, Musk blame...

Biden digs at Tesla CEO Elon Musk on economy, touts Ford

President Joe Biden on Friday brushed off Tesla CEO Elon Musk’s reported “super bad feeling” about the U.S. economy, while praising some of Musk’s competitors for expanding the...

Musk Cracks Back At Biden For ‘Trip To The Moon’ Dig

Topline The country’s most powerful man and its wealthiest man exchanged words Friday after President Joe Biden made a dig at Tesla CEO Elon Musk over a widely circulating report he hopes to shed a la...

Musk Endorses Billionaire Caruso For Los Angeles Mayor

Topline The world’s wealthiest man Elon Musk made a rare political endorsement Friday, tweeting his support for fellow billionaire Rick Caruso’s Los Angeles mayoral bid in an apparent contradiction of...