Updated at 4:52 pm EST U.S. stocks ended firmly higher Tuesday, following on from a wild January ride that provided the best two-day rebound for tech stocks in two years and the weakest monthly performance for the S&P 500 in more than a decade. Markets remain gripped by the wholesale re-pricing of assets amid the…
Nearly 40,000 people want President Joe Biden to squash his beef with Tesla (TSLA) – Get Tesla Inc Report and CEO Elon Musk and acknowledge the electric vehicle maker in the country’s fight to electrify its auto fleet. A change.org petition has garnered more than 38,800 signatures since it debuted over the weekend. “The White House…
Tesla continues to dominate electric vehicles sales in the biggest U.S. market for them. Getty Images Billionaire Elon Musk moved Tesla’s headquarters and his residence to Texas, but California remains the strongest U.S. market for the electric-car maker, accounting for nearly 40% of its American sales and more than half of all zero-emission vehicles purchased…
The richest man in the world seems determined to take on the most powerful. Tesla CEO Elon Musk called President Joe Biden “a damp sock puppet in human form” on Twitter Thursday as Tesla stock plummeted 11%. Musk’s lack of restraint on social media is, as the saying goes, a feature not a bug, having…
Share to FacebookShare to TwitterShare to Linkedin SpaceX’s 50th Falcon 9 rocket launches from Cape Canaveral, Florida, as the moon looks on, March 6, … [+] 2018. getty When is the SpaceX rocket going to crash into the Moon? On February 11, 2015 a Falcon 9 rocket from Elon Musk’s SpaceX launched from Cape Canaveral.…
Steady success over a long period stops becoming a news story. That’s what has happened to Microsoft (MSFT) – Get Microsoft Corporation Report since Satya Nadella took over as chief executive in early 2014. Before Nadella took the top job from Steve Ballmer, the company careened from disaster to disaster. There was the ahead-of-its-time Windows 8,…
Share to FacebookShare to TwitterShare to Linkedin Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and … [+] Exhibition March 9, 2020 in Washington, DC. Getty Images January 2022 has marked a shaky start for Tesla CEO Elon Musk. The Twitter-obsessed billionaire insulted President Joe Biden on the social…
General Motors CEO Mary Barra speaks during a meeting with U.S. President Joe Biden at the White House on Jan. 26. Getty Images A few hours before Tesla reported record profit and sales for 2021, President Joe Biden met with the company’s biggest competitors at the White House to applaud their efforts–with Tesla CEO Elon…
Sneaker and athletic apparel maker Nike (NKE) – Get NIKE, Inc. Class B Report is building its metaverse team and hiring for key roles as the latest buzzword in the tech world stirs up talent wars. Over the last week, Nike has posted five jobs to help the company embed new hires for the metaverse…
For those who expected a spectacular announcement, the disappointment will be immense. Tesla (TSLA) – Get Tesla Inc Report won’t announce a new car model this year, CEO Elon Musk said on Wednesday. “We will not be introducing new vehicle models this year,” Musk said during the company’s fourth-quarter earnings call, adding that it “would not…