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. Two digit dates had the potential to caus...
Tag: Tesla
New Skoda Factory Shows Dilemma Of Traditional Carmakers In EV Revolution
Disruptive EV manufacturers such as Tesla have it easy. With no legacy market to service, they can go all out producing electric cars and not worry about what might happen to the conventional vehicle ...
Dow Jones Futures: Market Correction Getting Worse, Tesla Breaks Down; What You Must Do Now
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market had another grizzly week, even with a furious final-hour rebound to erase Friday’s...
Hyundai Is Tesla’s Latest Challenger With Plan For $5.5 Billion U.S. EV, Battery Plant
Georgia Governor Brian Kemp, left, and Hyundai CEO Jay Chang at a signing ceremony for the automaker’s new electric vehicle and battery plant in Bryan County, Georgia. Office of Georgia Governor...
Don’t Take Your Freedom For Granted
Out from Shanghai: Automobility CEO Bill Russo returned home to Reno, Nevada this month. Bill Russo American businessman Bill Russo has a long record of success in China. The 18-year veteran in the co...
Dow Jones Up, S&P 500 Fights Off Bear Market; Tesla Plunges Amid Elon Musk Reports
The Dow Jones Industrial Average reversed slightly higher while the S&P 500 rallied out of official bear market territory. Tesla (TSLA) dived amid reports about alleged sexual misconduct by CEO El...
Elon Musk Hints Tesla May Accept BTC Again Soon
Elon Musk – the South African billionaire and entrepreneur behind large companies like SpaceX and Tesla – has hinted that the latter enterprise may potentially accept bitcoin in the future for payment...
Tesla Is Being Booted From The ESG Index
Getty Images Key Takeaways Tesla was removed from the S&P 500 ESG Index Exxon is a leading company in the index, causing conflicts of interest Investors can still invest in clean tech with Q.ai’s ...
Tesla Loses Top Spot in Cathie Wood’s Flagship Fund
(Bloomberg) — Tesla Inc. has lost its crown jewel status in Cathie Wood’s main fund for the first time in about four-and-a-half years. Most Read from Bloomberg Elon Musk’s company had commanded ...
Wedbush’s Dan Ives cuts Tesla price for 2022 but expects solid 2023 for TSLA
On Thursday, May 19, Tesla (NASDAQ: TSLA) received a price cut from an analyst that has previously championed the stock through thick and thin. Wedbush’s Dan Ives changed his price target for the stoc...
Bitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks
Bitcoin (BTC) stayed $1,000 lower on May 19 after a grim trading session on Wall Street the day before slowed further upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Musk blasts ES...
Xiaomi Posts 1st Quarter Loss As Covid, Parts Shortage Hurt Smartphone Sales
A shopper walks past a Xiaomi store in Shanghai last year. Retail business this year has been hurt … [+] by Covid lockdowns. Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP Xiaomi...
Bill Gates Explains Why He Doesn’t Own Any Cryptocurrency
American businessman and philanthropist Bill Gates makes a speech at the Malaria Summit at 8 … [+] Northumberland Avenue on April 18, 2018 in London, England. Getty Images Microsoft cofounder Bi...
Major Tesla shareholder demands $15 billion stock buyback
Shares of Tesla Inc (NASDAQ: TSLA) slid another 2.0% on Thursday after one of its largest shareholders demanded that the EV maker announces $15 billion in share repurchase. Tesla should use FCF for th...
Elon Musk Bites The Hand That Fed Him By Bashing California And Democrats
Elon Musk moved to Texas and now appears to embrace the politics of the Republic Party and Texas Governor Greg Abbott Getty In the weeks since Tesla CEO Elon Musk began his gambit to acquire Twitter, ...
Cathie Wood has a simple response to Tesla getting booted out of an S&P 500 ESG index: ‘Ridiculous’
Cathie Wood isn’t pleased about one of her most popular investments, Tesla Inc., being excluded from a prominent index that tracks eco- and socially friendly companies. “Ridiculous,” was essentially W...
Waymo Prepares To Bring Robotaxi Service To Phoenix Airport And More
Waymo vehicles in Phoenix and near the airport Wayno Waymo (fomerly Google GOOG car) CEO Dmitri Dolgov announced today a further expansion of their efforts in Phoenix, on top of the expansions recount...
Elon Musk Goes On The Attack After Tesla Cut From S&P ESG Index
Elon Musk attends the 2022 Met Gala on May 2, 2022. Getty Images for The Met Museum/Vogue Tesla, the world’s leading maker of electric vehicles, has been cut from S&P’s ESG Index created for envir...
Why Tesla was kicked out of the S&P 500’s ESG index
An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images The S&P 500 booted electric vehicle maker Tesla from its ESG Index in an annual r...
Cramer’s Mad Money Recap 5/17: Apple, Tesla, Disney
There were a lot of new narratives on Wall Street today, Jim Cramer told his Mad Money viewers, and that’s great news for the bulls. If the good news continues overnight, look for the rally to c...
Huobi Wallet becomes iToken, hosts Tesla giveaway
Huobi Wallet (HT/USD), a secure and professional DeFi wallet, is changing its name to iToken and will become a decentralized investment platform after receiving a $200 million investment from Huobi Gr...
Ray Dalio’s Bridgewater dumps Tesla, bets on meme stocks AMC and GameStop
Bridgewater Associates is out with the old and in with the new. The world’s largest hedge fund led by billionaire Ray Dalio has parted ways with its stake in Tesla (TSLA) and placed new bets on meme-s...
Sila’s High-Efficiency Battery Anode To Power Electric Mercedes-Benz SUVs
A concept version of the electric Mercedes EQG in Munich, Germany, debuted in September 2021. DeFodi Images via Getty Images Mercedes-Benz intends to use a high-efficiency battery anode in a new elect...
Tesla stock pops as Elon Musk hints he could scrap Twitter deal
No Twitter (TWTR) deal for Elon Musk would mean more love and attention for his prized asset Tesla (TSLA) — at least that’s how investors are reading it on Tuesday. Shares of Tesla popped 4% in ...
Rising Credit Costs, Transaction Prices Slamming Auto Affordability, EV Adoption
Thin inventory at dealer lot in suburban Detroit, Mich. Ed Garsten Monthly auto loan payments are at historic highs, transaction prices continue to climb and sticker prices are losing their relevance ...