The world's richest billionaire has taken a hit to his wealth in 2025. Even after a year-to-date decline for Tesla Inc (NASDAQ:TSLA) stock, Elon Musk is still significantly ahead of who is in second place and worth more than several of his automotive rivals combined. What Happened: Tesla CEO Elon Musk is the world's richest person and gets the majority of his net worth from ownership stakes in the electric vehicle company, SpaceX, xAI and other ventures. Musk currently ranks first as the world's...
Continue ReadingThe self-driving car market is booming, but another company is off to an early lead...
Continue ReadingThe Department of Transportation's National Highway Traffic Safety Administration plans to accelerat...
Continue ReadingInvesting.com -- Tesla (NASDAQ:TSLA) stock rose 2.6%, hitting a session high on Friday after a report that the US government is taking steps to ease regulations that have hindered the deployment of self-driving vehicles without driver controls...
Continue ReadingIYY and IWB are two similar large and mid-cap ETFs, holding about 1,000 of the largest US-traded companies. Read the full comparison of the stocks here...
Continue ReadingTesla shares have risen this week as investors may be moving past the fiery public spat between CEO Elon Musk and President Donald Trump...
Continue ReadingZevo is a new peer-to-peer car-sharing startup, which is broadly similar to Turo, but focused exclusively on electric vehicles...
Continue ReadingStimulus measures are flowing, led by record bond sales, as the private sector remains cautious on new loans...
Continue ReadingTesla investors want to think about AI. They might have to spend some time thinking about the car business again...
Continue ReadingThe major averages were mixed near noon with the Dow the laggard as a pullback in Boeing weighs on the Industrials index. U.S. initial jobless claims were unchanged at 248,000 in the week ended June 7, above expectations and holding at an eight-month high. Geopolitical concerns have also resurfaced; escalating tensions in the Middle East led to a sharp rise in oil prices and triggered safe-haven flows, which weighed on equities and the U.S. dollar. Meanwhile, U.S.-China trade progress continues...
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