Tesla (TSLA) CEO Elon Musk said Friday he is terminating his Twitter purchase agreement. Meanwhile, Tesla said it may open up its supercharger network to all electric vehicles in the U.S. by the end o...
Tag: Tesla
How Elon’s bizarre Twitter takeover saga could have just been a cover for him to sell $8.5 billion in Tesla stock
Elon Musk on Friday announced he was backing out of his $44 billion Twitter acquisition bid, blaming the social media platform’s alleged lack of transparency regarding bots on the site. As both ...
Wind And Solar Production Grow As AI Fights Wildfires And Tesla Stares Down Its Chinese Rivals
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. Los Angeles Times via Getty Images Last w...
Will Tesla’s EV Dominance Soon Be Tamed?
Everyone is gunning for Tesla in the car world. It’s not surprising, considering how rapidly the company has become the poster child of electrification, and how (deliberately) annoying Elon Musk is on...
Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit – Bitcoin News
Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, ...
Elon Musk’s Relationship With Employee May Have Violated Tesla’s Ethics Code, Experts Say
ILLUSTRATION BY FORBES; Photos by Theo Wargo/WireImage/Getty Images Tesla CEO Elon Musk has tacitly acknowledged having a romantic relationship with a subordinate employee, conduct that led to force...
Prodigious Parent Elon Musk Says He’ll Boost Childcare Benefits At Tesla, SpaceX
Elon Musk and son X Æ A-12 on stage TIME Person of the Year on December 13, 2021 in New York City. Getty Images for TIME Days after a report that Elon Musk fathered children with a woman who worked fo...
Chinese EV Billionaire Shrugs Off Lockdown Pain To Add $7 Billion Fortune
Chinese electric car maker BYD is not only surviving the disruptions caused by the country’s Covid lockdowns, but the company appears to be thriving like never before. BYD’s stock has jumped just over...
Toyota Loses Big Advantage to Tesla and GM
Toyota (TM) – Get Toyota Motor Corporation Report is on one knee. The Japanese automaker has enjoyed a big advantage for a long time, enabling it to seduce consumers interested in less polluti...
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...
Indonesia’s president says he’s in talks with Musk to build Tesla facilities
The Presidency of Joko Widodo has seen Indonesia limiting some raw material exports pushing miners and other companies to refine before export. This could be a good strategy for the economy of Indones...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s efforts to overcome parts shortages and production snarls to fulfill orders for...
‘Chinese Tesla’ To Drive Lifestyle-Based Nio House Across Europe
The Nio House in Oslo is less a dealership and more a brand statement of intent. (Photo by Zhu … [+] Sheng/Xinhua via Getty Images) Xinhua News Agency via Getty Images Last Fall a new pretender ...
Dow Jones Futures: Fed Minutes Lift Market Rally, Microsoft Makes Key Move; Tesla Rivals Are In Buy Zones
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally rose slightly Wednesday in an up-and-down session as hawkish Fed minutes held few s...
Toyota joins Tesla and GM in phaseout of federal electric vehicle tax credits
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor said it sold its 200,000th plug-in electric vehicle during the second quarter, triggering a phaseout ...
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...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’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...
JPMorgan Trims Tesla Stock Price Target by 41% as Automaker Reports Lower Deliveries
While Tesla stock dipped 4% on Tuesday, JPMorgan believes that the automobile company could plunge further. Investment banking giant JPMorgan (NYSE: JPM) has cut its price target for Tesla Inc (NASDAQ...
Warren Buffett-backed BYD surpasses Tesla in global EV sales a decade after Elon Musk doubted the Chinese company’s technology
BYD, the Chinese electric vehicle firm partly owned by Warren Buffett’s Berkshire Hathaway, became the world’s largest electric vehicle maker in the first half of 2022, wrestling the title from ...
Tesla has lost its ‘products quality edge’ says CEO of GLJ Research
Electric vehicle maker Tesla (NASDAQ: TSLA) saw its Shanghai factory shut down for the better part of the first quarter, with the reduction in production capacity providing a significant headwind for ...
Dow Jones Falls; Tesla Up Despite Delivery Data; This Stock Drops As Warren Buffett Raises Stake
The Dow Jones fell despite rallying into the close, with Nike (NKE) and Apple (AAPL) making some of the best gains. Tesla (TSLA) rose despite disappointing delivery data. A Warren Buffett stock fell e...
Elon Musk relinquishes chairmanship of Tesla
On Aug. 7, 2021 in a cryptic tweet, Elon Musk entrepreneur hinted that the possibility of exiting the American Stock Exchange was on the table as there were funds of billions that covered a premium fo...
‘The elephant in the room for Tesla,’ according to WedBush’s Dan Ives
Some storm clouds are appearing on the horizon for Tesla bulls after a respectable second quarter. “The elephant in the room for Tesla (and the broader market) is with dark economic storm clouds...
Tesla Bitcoin Investment Dwindles By $440 Million As Crypto Winter Drags On
Tesla wasn’t the one to be left behind and disclosed a $1.5 billion Bitcoin purchase on February 8. The crypto buying splurge was made in a filing with the US Securities and Exchange Commission. The p...
Tesla Pauses Plants After Ending Shaky Quarter With a Production Milestone
(Bloomberg) — Tesla Inc. investors have a lot to parse after the July 4 holiday: a disappointing quarter of deliveries, a record month of production, and now several weeks of downtime at multipl...
Tesla Investment in Bitcoin to Shrink by $440 Million
Tesla and their investment in Bitcoin has gone south. In their second quarter of 2022 financial report, Tesla’s investment in BTC faced a decline of $440 million amid the negative trend of the crypto ...
Tesla Stock Today: Elon Musk’s Twins, EV Charging and What Else to Know
Text size It was revealed that Tesla CEO Elon Musk had twins last year with one of his top executives. Getty Images Shares of electric vehicle maker Tesla rose 1% in premarket trading Thursday. Here’s...