Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – President-elect Donald Trump’s victory over Vice President Kamala […]
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. Anna Moneymaker | Getty Images News | Getty Images Shares of Tesla surged in early trading after NBC News projected Donald Trump to win the election […]
Larry Krasner, Philadelphia’s district attorney, center, departs after a hearing at City Hall in Philadelphia, Pennsylvania, US, on Thursday, Oct. 31, 2024. Ryan Collerd | Bloomberg | Getty Images A judge on Monday rejected a request by the Philadelphia district attorney to block a $1 million daily giveaway by Tesla CEO Elon Musk’s political action […]
Aerial photograph shows electric cars for export stacked at the international container terminal of Taicang Port in Suzhou, in China’s eastern Jiangsu Province. The EU and China have reportedly agreed to start talks on the planned imposition of tariffs on Chinese-made EVs. Str | Afp | Getty Images China’s commerce ministry said it “does not […]
Tesla and SpaceX CEO Elon Musk speaks during a town hall event hosted by America PAC in support of former US President and Republican presidential candidate Donald Trump at the Greater Philadelphia Expo Center in Oaks, Pennsylvania, on October 18, 2024. Ryan Collerd | Afp | Getty Images The Philadelphia District Attorney’s Office filed a […]
When Tesla CFO Zachary Kirkhorn stepped down last August, Wall Street analysts and investors alike were unnerved. The stock shed more than $23 billion on the news, with one top tech analyst describing the announcement as “a blow in the near term” and a “big surprise to the Street.” It was the second CFO departure […]
President Joe Biden called out Tesla and SpaceX CEO Elon Musk, now a Republican megadonor and Trump campaign surrogate, for hypocrisy on immigration on Saturday, saying Musk launched his long career in the U.S. as an “illegal worker” before becoming the world’s wealthiest man. The president made these remarks at a campaign event to support […]
Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal. Citing “several current and former U.S., European and Russian officials,” the Journal reported that conversations between Putin and Musk, a Republican megadonor and Pentagon contractor, took […]
With Wall Street rolling into the thick of earnings season, CNBC’s Jim Cramer on Friday told investors what market-moving action to keep an eye on next week, including reports from Boeing, Tesla, IBM and T-Mobile. He celebrated the market’s lengthy winning streak and suggested it could continue. “It’s hard to believe, but this market’s now […]
CNBC’s Jim Cramer on Monday opined on the continuous success of Big Tech stocks in the market, explaining why the Magnificent Seven, as well as Netflixcontinue to rally as the bull market persists. “Even if you’ve missed these rebounds in the Magnificent Seven plus Netflix, don’t, don’t sweat the program,” he said. “We know these […]
