The world's richest person is worth less in 2025 than at the end of 2024, with Tesla Inc (NASDAQ:TSLA) CEO Elon Musk seeing his wealth take a hit as he battles with President Donald Trump. What Happened: The share price of Tesla has been highly volatile since Trump won the 2024 presidential election. Tesla shares hit new all-time highs in December 2024, driven by optimism for the electric vehicle leader and the strong relationship between Musk and Trump, which could help address regulatory issue...
Continue ReadingMore than a decade ago, Warren Buffett said the national deficit could be solved in just five minutes. His plan? "You just pass a law that says that any time there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for reelection." That 2011 quote, from an interview with CNBC's Becky Quick, resurfaced in early June — and this time, it gained traction with one of the world's most influential voices. On June 4, Utah Sen. Mike Lee (R-UT) posted the clip on X and ask...
Continue ReadingPresident Trump signed his budget bill into law after the stock market hit highs ahead of Independence Day. Tesla fell while Uber broke out...
Continue ReadingMark Cuban and Tesla Inc (NASDAQ:TSLA) CEO Elon Musk may not agree on everything these days, except, perhaps, the potential for a viable third political party. But one thing they do share is the number of people who admire them. What Happened: Musk and Cuban are both examples of the entrepreneurial spirit that Americans can use to achieve great things through hard work and perseverance, such as creating businesses and becoming extremely wealthy. While Musk and Cuban created companies in differen...
Continue ReadingBYD is rapidly overtaking Tesla as world’s largest EV maker...
Continue ReadingSAVPP includes distributed solar capacity and 7,000 Powerwall home batteries...
Continue ReadingGM sales jump 7.3% in Q2, fueled by more than 100% EV sales growth and strong demand for new models across gas and electric segments...
Continue ReadingNVTS expands its GaN footprint with major mobile, EV and solar wins as 2024 revenues jump over 50% year over year...
Continue ReadingIt might not come as a shock if you have eyes, but the Cybertruck is, officially, a flop...
Continue ReadingTesla posts its steepest-ever delivery drop, yet its ETFs, such as TESL, XLY, VCR, NITE and FDIS, remain in focus amid increasing robotaxi ambitions...
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