Tag: Startup

Retail stocks have seen huge price drops because pretty much every retailer has issued a cautious guidance due to supply chain issues and increased costs. Retailers including Walmart (WMT) – Get Walmart Inc. Report, Target (TGT) – Get Target Corporation Report, Amazon (AMZN) – Get Amazon.com Inc. Report, and Costco (COST) – Get Costco Wholesale…

Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk’s SpaceX has fired employees who took part in writing and sharing an open letter criticizing the billionaire chief executive of the rocket company, according to multiple news reports, amid a string of allegations and public rebukes against Musk as scrutiny intensifies over his efforts to buy…

There’s probably nothing more stress-inducing for Americans right now than going to the gas station. For those who have invested in electric vehicles already, the sting of inflation-driven fuel costs is not a problem (although EV owners certainly have some other issues).  But many feeling the crunch are looking to electric vehicles as a potential…

Share to FacebookShare to TwitterShare to Linkedin Tesla Technoking Elon Musk NurPhoto via Getty Images Shares of Tesla fell nearly 9% Thursday amid a negative news cycle that didn’t have anything to do with the electric vehicle maker’s outspoken chief opening his mouth. The fortune of the world’s richest person, Tesla’s Technoking Elon Musk, shrunk…

Share to FacebookShare to TwitterShare to LinkedinTopline An open letter was reportedly posted in an employee chat channel at SpaceX on Wednesday that flames CEO Elon Musk for recent behavior that it describes as a “distraction” and an “embarrassment,” and calls for the company to “hold all leadership equally accountable.” Billionaire entrepreneur and founder of…

On May 16, 1956, President Dwight D. Eisenhower officially opened the GM  (GM) – Get General Motors Company Report Technical Center in Warren, Michigan in a nationally television ceremony. At that time, the facility was the largest corporate building project in the world, costing more than $125 million and Life Magazine dubbed the center “The Versailles…

Tesla’s  (TSLA) – Get Tesla Inc. Report popular Model Y SUV has been a successful seller for the leading electric vehicle maker, as the vehicle along with the Model 3, have represented 95% of the company’s production and deliveries in the first quarter The Model Y SUV is so popular that days after it introduced the…

Here are five things you must know for Wednesday, June 15: 1. — Stock Futures Higher As Fed Rate Bets Accelerate U.S. equity future moved higher Wednesday, following on from a session which consolidated a bear market for the S&P 500, as investors looked to perhaps the most important Federal Reserve rate decision in more than…

Billionaire Michael Saylor and his company MicroStrategy  (MSTR) – Get MicroStrategy Incorporated Report are at the center of attention with the fall of Bitcoin.  Saylor is one of the most famous Bitcoin evangelists. He praises the merits of the king of the cryptocurrencies almost daily on his Twitter account followed by more than 2.5 million people. …

Electric Last Mile Solutions  (ELMS)  on Dec. 11 2020, announced it was going to list on the Nasdaq through a merger with a special purpose acquisition company. “The demand for cost effective solutions to support the e-commerce ecosystem is overwhelming,” James Taylor, the commercial electric vehicle maker’s then-CEO, said at the time. “This industry promises rewards…