Tesla (TSLA) stock has been on a tear lately, reaching a $1 trillion market capitalization. The company is now bigger than a solid chunk of other major auto companies — combined...
Continue ReadingThe election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice economic growth and loosen regulations. Electric vehicle makers, however, face a hazier outlook than most other businesses...
Continue ReadingTom Steyer, Co-Executive Chair of Galvanize Climate Solutions, joins Yahoo Finance's Madison Mills at Yahoo Finance Invest to share his thesis for investing in the energy transition. Steyer says he looks for companies that may not be featured on the front page of a newspaper like Tesla (TSLA). He seeks out names that generate "real compounding good returns" over a long period of time. "I think there's going to be a whole other part of this economy absolutely relevant to climate, where returns are going to be really good. Information, agriculture, sequestration," says Steyer. When it comes to public investment in climate technology, Steyer isn't sure if Tesla CEO Elon Musk can sway President-elect Donald Trump's position toward further investment in the space. Steyer explains how pulling back from a position as a global leader in the energy transition could be detrimental to the US's competition with China: "If we're not pushing on this from an economic and business standpoint, that means China is pushing on it from an economic and business standpoint." To see every interview from Yahoo Finance Invest, click here. Catch the full interview by clicking here. This post was written by Cheyenne Reid...
Continue ReadingThe Tesla CEO was named to a position in the second Trump administration on Tuesday evening. Investors don’t seem to be bothered by the idea...
Continue ReadingIn the lounge outside Donald Trump’s Mar-a-Lago office, cabinet hopefuls mingle with advisers and friends of the future president. Inside, Trump sits with just a handful of his closest associates—and his newfound buddy-in-chief, Elon Musk. Others have asked Mar-a-Lago members they know to invite them to the resort, hoping to get a few minutes with him...
Continue ReadingPresident-elect Donald Trump charged Elon Musk and former presidential candidate Vivek Ramaswamy with cutting government spending. Years of comments from both men suggest they could aim to do much more than slim down Washington...
Continue ReadingAmerica’s national debt is “set to explode” under Donald Trump, top bankers at the Institute of International Finance (IIF) have warned...
Continue ReadingTop Midday Stories: Charter to Acquire Liberty Broadband; Spirit Airlines May Seek Bankruptcy Protection After Frontier Deal Fails...
Continue ReadingThe company’s CEO has been appointed to a new government role by President-elect Donald Trump, but there are more factors at play for the EV maker...
Continue ReadingDogecoin was skyrocketing Wednesday after the news that the cryptocurrency’sbiggest cheerleader, Elon Musk, will head up a “Department of Government Efficiency” — effectively a non-government group that will consult on spending...
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