Investing.com-- Elon Musk’s SpaceX is valued at about $210 billion based on the value of insider shares being sold in a tender offer, Bloomberg reported on Thursday...
Continue ReadingTesla must fix air quality problems at its electric vehicle manufacturing facility in the San Francisco Bay Area after racking up more than 100 violations for allegedly releasing toxic emissions into the atmosphere over the last five years, an air quality board said Tuesday. The Bay Area Air Quality Management District planned to issue a written abatement order later this week after Tuesday's announcement. Each of the 112 violations can emit hundreds of pounds of illegal air pollution, the board said...
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Continue ReadingFerrari is to charge customers a €7,000 (£5,900) annual subscription fee in exchange for free battery replacements amid fears of burnout in its supercars...
Continue ReadingTesla (TSLA) may have some competition in the robotaxi space as Croatian automaker Rimac Automobili is set to launch its new robotaxi service, Verne, in 2026. Yahoo Finance Pras Subramanian joins Catalysts to discuss Rimac's announcement and what it means for the auto sector moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino...
Continue ReadingInvestors should be watchful of the potential AI-bubble burst in the market, exercise caution and adhere to the caveat emptor principle...
Continue ReadingTesla moved above a buy point Wednesday as Stifel analysts started the EV giant as a buy with a 265 price target. Tesla reports second-quarter deliveries next week...
Continue ReadingVolkswagen's $5 billion investment in Rivian sparks a 50% surge in the EV maker's stock, offering a lifeline to the struggling startup and access to Rivian's technology for the German automaker...
Continue ReadingStock Market Today: The Dow Jones dropped Wednesday after key housing data. Rivian soared 30% on a $5 billion Volkswagen investment...
Continue ReadingTesla (TSLA) recalls nearly 12,000 Cybertrucks to fix trim pieces and faulty motor controllers in the front windshield wipers...
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