Tesla delivers its first electric Semi trucks promising 500 miles of range

Tesla delivers its first electric Semi trucks promising 500 miles of range

CNN Business  —  Tesla made the first deliveries of its Semi truck to customers Thursday evening, five years after the heavy-duty hauler was first unveiled. The event included two truck cabs decked out in the livery of Pepsi and Frito-Lay, PepsiCo’s snack foods subsidiary. The Tesla Semi was first shown as a prototype in 2017. … Read more

Elon Musk’s Boring Company Ghosts Cities Across America

Elon Musk’s Boring Company Ghosts Cities Across America

ONTARIO, Calif.—The unsolicited proposal from Elon Musk’s tunnel-building venture arrived in January 2020. To the local transportation authority, it felt like finding Willy Wonka’s golden ticket. Officials had started planning for a street-level rail connection between booming Ontario International Airport and a commuter train station 4 miles away, with an estimated cost north of $1 … Read more

Crypto Entrepreneurs Fail to Capture Elon Musk’s Attention With $600,000 Goat Statue

Crypto Entrepreneurs Fail to Capture Elon Musk’s Attention With 0,000 Goat Statue

AUSTIN, Texas—Even as a cold night started to settle outside Tesla ‘s headquarters here on Saturday, a group of cryptocurrency entrepreneurs had no plans to leave until Elon Musk, the man they named their currency after, accepted a 12,000-pound sculpture of a Mr. Musk-headed goat riding a rocket. It is the latest stunt in the … Read more

Elon Musk’s Tesla Compensation Trial in Delaware Court Kicks Off

Elon Musk’s Tesla Compensation Trial in Delaware Court Kicks Off

WILMINGTON, Del.—The trial over Elon Musk ‘s multibillion-dollar pay package at Tesla Inc. TSLA -1.78% kicked off Monday morning in Delaware’s business-law court. A Tesla shareholder, Richard Tornetta, is seeking to nullify Mr. Musk’s 2018 compensation grant, valued at around $52 billion at recent share prices. The plaintiff is alleging that the board at the … Read more

Tesla Stock Won't Stop Dropping. Here's How Low It Could Go. – Barron's

Tesla Stock Won't Stop Dropping. Here's How Low It Could Go. – Barron's

Tesla Stock Won’t Stop Dropping. Here’s How Low It Could Go.  Barron’s What’s Going On With Tesla Stock Today – Tesla (NASDAQ:TSLA)  Benzinga The Chartmaster says Tesla stock is primed for a breakdown  CNBC Television Tesla Stock Succumbed to Elon Musk. Investors, Beware.  Barron’s Tesla Has ‘The Worst Chart I’ve Ever Seen,’ Cramer Says — But Here’s Why The … Read more

Why BMW really decided to make batteries in the US

Why BMW really decided to make batteries in the US

CNN  —  BMW recently announced a $1.7 billion investment to help prepare its huge Spartanburg, South Carolina, factory to produce electric cars and SUVs. That sum included $700 million for the construction of a battery manufacturing plant nearby. Spartanburg is BMW’s largest factory anywhere in the world. It employs 11,000 people and produces 40,000 SUVs … Read more

Opinion: Elon Musk pumps Tesla stock with ridiculous $4 trillion target. Is a dump coming next?

Opinion: Elon Musk pumps Tesla stock with ridiculous  trillion target. Is a dump coming next?

Another Tesla Inc. earnings call, and another fanciful Elon Musk prediction that likely encouraged yet another open file at the Securities and Exchange Commission on Wednesday. The chief executive of Tesla Inc. TSLA, +0.84% told investors Wednesday that he believes the valuation of the electric-car maker will exceed the combined market capitalization of the two … Read more

Rolls-Royce’s first electric car has two doors and is longer than a Cadillac Escalade

Rolls-Royce’s first electric car has two doors and is longer than a Cadillac Escalade

CNN Business  —  Rolls-Royce will start production of its first electric car next year. It has only two doors but is longer than a full-size SUV. And among its innumerable options, the Spectre will be offered with stars in the doors. The British ultra-luxury car brand has for years offered a feature called the “Starlight … Read more

Netflix and Tesla stocks are not having a good year, but here comes a chance to turn it around

Netflix and Tesla stocks are not having a good year, but here comes a chance to turn it around

Two stocks that have defined Wall Street’s boom in the past decade — streaming giant Netflix Inc. and electric-vehicle maker Tesla Inc. — will hope to turn around some poor recent trajectories as earnings season kicks into a new gear this week. After swelling prices and results from JPMorgan Chase & Co. JPM, +3.49% and … Read more

Tesla, Netflix Set to Report Earnings as Recession Talk Mounts

Tesla, Netflix Set to Report Earnings as Recession Talk Mounts

About 66 companies in the S&P 500 are scheduled to report earnings in the coming week, according to FactSet. Eight members of the Dow Jones Industrial Average, including American Express Co. and Verizon Communications Inc., are on tap to report. The latest earnings round comes as investors weigh a number of recent economic indicators, from … Read more