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TSLA

Why Ford and GM Are Losing the EV War—and How They Can Get Back in the Game

The potential auto workers strike highlights the companies' biggest issue: Can they afford to spend what it takes to thrive in the new world of electric vehicles?...

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TSLA

Billionaire investor Ron Baron defends ‘unconventional’ Elon Musk

Baron Capital Chairman and CEO Ron Baron is pretty optimistic about his position in Tesla, despite all the recent media attention towards Elon Musk. The billionaire investor appeared on CNBC's Squawk Box on September 13 to talk about Walter Issacson's latest book about Musk among other topics, but to also defend his large positions in both Tesla and SpaceX. "If he was conventional, it would have never happened," Baron said about Musk...

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TSLA

EU Lawmakers Are Going After Subsidies for Chinese EV Makers

Shares of Chinese EV makers are falling after European Union (EU) regulators launched a probe targeting state subsidies for Chinese EV makers like Nio, BYD, and XPeng, in a bid to protect domestic automakers...

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TSLA

Tesla (TSLA) & Suppliers to Invest $15B in Giga Mexico: Governor

Per the state governor, Tesla (TSLA) and its suppliers will invest $15 billion in a Gigafactory over the next two years. The investment is thrice the amount previously announced by the officials...

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TSLA

Tesla shows interest in Sunrise New Energy’s battery components

Sunrise shares rose as much as 11% to $1.87 in morning trade. The China-based company, through its joint venture, manufactures and sells graphite anode material for lithium-ion batteries. Tesla uses lithium-ion batteries to power its cars...

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TSLA

General Motors upgraded, Oracle downgraded: Wall Street’s top analyst calls

General Motors upgraded, Oracle downgraded: Wall Street's top analyst calls...

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TSLA

Dow Jones Drops On Hot CPI Inflation Report; Oil Prices Hit 2023 High

The Dow Jones Industrial Average dropped Wednesday after a pivotal CPI inflation report. Oil prices hit a new high for 2023...

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TSLA

Billionaire Ron Baron owns over $1 billion stake in Musk’s SpaceX – CNBC

"We're one of the largest investors in SpaceX," said Baron, who is a close aide to Musk and has a long-time position in his electric car company Tesla. His firm Baron Funds has been purchasing privately owned SpaceX stock since 2017, according to the investor's quarterly report from March. Reuters in November reported that SpaceX was in talks to raise external funding, mostly comprised of secondary shares sale, at a valuation of up to $150 billion...

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Auto Giants Charge Up the EV Era With Electrifying Alliances

From fierce rivals to electric allies, auto biggies are actively joining forces for an electrifying revolution on the roads...

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TSLA

Meme Stocks Prove Warren Buffett’s Remarks On Markets; Are Meme Stocks A Buy Now?

Warren Buffett famously remarked that the market is a voting machine in the short term but a weighing machine in the long term. Meme stock AMC has fallen 80% this year and 98% from its all-time highs of 393.65. Wild swings are a hallmark of meme stocks...

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