Tag TSLA

On Dec. 13, Maye Musk, SpaceX and Tesla Inc. CEO Elon Musk's mother, voiced her frustration on social media regarding the U.S. government’s stance on her son’s initiatives. Her statement came in the wake of the Federal Communications Commission’s (FCC) refusal to grant approximately $900 million in subsidies to Starlink, a key project under SpaceX aimed at providing global satellite internet coverage. In a post on X, Maye Musk, 75, wrote, “I am the mother of @elonmusk. His goal is to make this w...

A significant factor behind that volatility is its CEO, Elon Musk. A July poll of 7,000 Tesla Model 3 owners found that the bulk of those surveyed who sold their Teslas did so because of disapproval of Musk and displeasure with the perception of Tesla's brand. Investors last month criticized Musk for a series of anti-Semitic tweets, with some, like Ross Gerber, the co-founder and CEO of Gerber Kawasaki Wealth and Investment Management, noting a harsh reaction from his clients...

Billionaires Mark Cuban and Elon Musk have traditionally had a prickly relationship on social media ... but Cuban won't let that stand in the way of a good business opportunity. The "Shark Tank" investor and Cost Plus Drugs CEO has tagged Musk in both ideas for and questions about X as well as taking jabs at some of the Tesla CEO's public stances in the past. In a new tweet sent on the evening of Dec. 13, Cuban addresses Musk directly in relation to his Cost Plus Drugs business, telling the fellow billionaire that "we got the med you were asking about."...

A group of Nordic institutional investors said in a letter to Tesla on Thursday they were deeply concerned by the conflict between the company and labour unions in Sweden, and asked it to reconsider its approach to collective bargaining. Tesla is facing a backlash from unions and some pension funds in the region over its refusal to accept a demand from Swedish mechanics for collective bargaining rights covering wages and other conditions. A group of Nordic investors, which includes Norway's largest pension fund KLP, Sweden's Folksam and Denmark's PFA and PensionDanmark said the Swedish labour market model enabled the Nordics to thrive...

News that the credit will vanish for some Tesla vehicles hit the stock on a day when it was already under pressure from a recall...

The General Motors' luxury marque Cadillac is adding more choices for a variety of different and unique consumers looking beyond the likes of Tesla to ditch the gas pump in favor of the plug. Caddy's fifth electric vehicle is called the Vistiq, a three-row crossover SUV that the company says will be available during the 2026 model year. The Vistiq is the third EV model that Cadillac has lifted the wraps off of this year and is the fifth EV model that will join its growing lineup...

The Dow Jones rallied Thursday after a surprise drop in initial unemployment claims and U.S. retail sales. Adobe stock dived on earnings...

For the first time since at least 2000, Volkswagen could lose its crown as the number one vehicle brand in China. And it all comes down to EVs...

STOCKHOLM (Reuters) -A group of Nordic institutional investors said in a letter to Tesla on Thursday they were deeply concerned by the conflict between the company and labour unions in Sweden, and asked it to reconsider its approach to collective bargaining. Tesla is facing a backlash from unions and some pension funds in the region over its refusal to accept a demand from Swedish mechanics for collective bargaining rights covering wages and other conditions. A group of Nordic investors, which includes Norway's largest pension fund KLP, Sweden's Folksam and Denmark's PFA and PensionDanmark said the Swedish labour market model enabled the Nordics to thrive...