Mark Cuban is a very busy man these days. The NBA season has just started. The owner of the Dallas Mavericks, like other owners, has big ambitions for this season, after his franchise lost last May to the eventual champion, the Golden State Warriors. Cuban is currently also in the 14th season of the hit TV…
Last June, the U.S. Department of Transportation announced that as part of its efforts to improve road safety while still emboldening innovation, the National Highway Traffic Safety Administration (NHTSA) had released its initial round of data regarding car crashes involving vehicles with automated driving systems. It turned out that one extremely popular electric vehicle with…
Microsoft (MSFT) and Alphabet (GOOGL) confirm fears that the economy is not doing well. The two tech giants kicked off the big tech earnings season on Oct. 25 by sending red flags about the current downturn. Their warnings can be summed up in one sentence: the health of the economy is not good and it…
The suspense remains intact even if everything suggests that Elon Musk, the richest man in the world will become the owner of the social network Twitter (TWTR) before Halloween. But it’s possible there will be a final twist in this saga, which has lasted for 6 months. Delaware Chancellor Kathaleen McCormick has given the billionaire until…
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This is a crucial week for Wall Street. Four of the five largest companies in the world, in terms of market value, publish their results for the third quarter. Apple (AAPL) , Microsoft (MSFT) , Amazon (AMZN) and Alphabet (GOOGL) together represent $6.71 trillion in market value. They are joined by a company with one…
You never get bored with Elon Musk, people in business circles tend to say. The whimsical and charismatic CEO of Tesla (TSLA) has completely rewritten all the practice manuals in business. He has shaken up customs, buried traditions. Musk is unique and intends to remain so. He imposed his rules and sometimes even the regulators…
Elon Musk took out the carrot. The CEO of Tesla (TSLA) tried on October 19 to reassure the electric vehicle maker’s shareholders after a completely disastrous first half of October for Tesla shares. Tesla shares have lost 16.3% since September 30, which translates into a decline in market value of approximately $135 billion. The decline…
Many top economists, such as Harvard’s Larry Summers, say the economy is likely to enter a recession this year or next, thanks to the large interest-rate increases from the Federal Reserve. The economy shrank 1.6% in the first quarter and 0.6% in the second. Consumer prices soared 8.2% in the 12 months through September, and…
Jeep took its time — but the iconic all-terrain-vehicle brand finally got here. “Here” is the brand’s first 100%-electric vehicle. And the company is not hiding its ambition to unseat Tesla (TSLA) as the dominant force in the SUV segment of green vehicles. Indeed, Elon Musk’s group, the world’s No. 1 in electric vehicles, and its…





