The 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 ReadingIn the frenzy of election season, the Georgia congresswoman carved out some quiet time to increase positions in her favorite stocks...
Continue ReadingElon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It will add yet another responsibility to an ever-growing to-do list for the increasingly distracted CEO and business leader...
Continue ReadingThe investment boost comes at a crucial time for Rivian, which aims to cut costs, achieve profitability, and launch its smaller, more affordable R2 SUV to attract budget-conscious consumers. The joint venture, Rivian and VW Group Technology LLC will integrate advanced electrical infrastructure and Rivian's software technology for both companies' future electric vehicles...
Continue ReadingElon Musk to lead a new government department, Exxon CEO cautions against leaving Paris climate agreement, more news to start your day...
Continue ReadingThe President-elect appointed the Tesla CEO and crypto advocate to lead a new Department of Government Efficiency...
Continue ReadingA fault in the drive inverter in Cybertrucks manufactured between Nov. 6, 2023 and July 30 this year could cause the part to stop producing torque when the driver uses the accelerator pedal, resulting in a loss of propulsion and increasing the risk of a collision, Tesla said in a report. Tesla will replace the recalled drive inverter with one equipped with a functioning component at no extra cost, it said. After a two-year delay due to production and battery-supply challenges, Tesla began delivering its futuristic Cybertruck in 2023...
Continue Reading(Bloomberg) -- Worries around overheating stocks took over the narrative on Tuesday, underscoring the sense of froth in risky parts of the market that had surged after President-elect Donald Trump’s decisive election victory.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesNo Water by Year-End for This Zimbabwean City of 700,000 PeopleArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictA...
Continue ReadingThe latest investor updates on stocks that are trending on Wednesday...
Continue ReadingTesla stock rises as CEO Elon Musk is named to lead a new government department for President-elect Donald Trump, Rivian stock surges as joint venture with Volkswagen is upsized, and a report says Spirit Airlines is moving toward a bankruptcy filing...
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