U.S. stock index futures edged lower on Monday as hawkish comments from a U.S. Federal Reserve official tempered hopes of a less aggressive pace of monetary policy tightening.
SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns both the rocket company as well as the social media platform, in a tweet on Monday.
Tesla CEO Elon Musk is scheduled to take the stand this week to defend his $56 billion pay package against shareholder allegations it was rigged with easy performance targets and that investors were duped into approving it.
Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed.
Martin Sorrell said his digital ad group S4 Capital had maintained momentum in a third quarter marked by disappointing results from major platforms including Alphabet's Google and Facebook's Meta. [nL4N31Q42G] [nL4N31S2V0]
Billionaire Elon Musk said on Monday he was working "at the absolute most amount...from morning til night, seven days a week" when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc.
Twitter's billionaire owner Elon Musk on Sunday said that Twitter will soon enable organizations to identify twitter accounts associated with them as the new Twitter owner continues to find ways to limit fake accounts on the platform.
U.S. automaker Tesla said on Sunday it will assist Chinese police investigating a crash involving one of its Model Y cars after local media reports said two people had died and three were injured when the driver lost control of the vehicle.
Shares of top lithium producer Albemarle (NYSE: ALB) are up 19 % over the last one-year stretch, obliterating the 14% decline in the S&P 500 index. Why? Thank the electric vehicle (EV) market, which has an insatiable appetite for lithium right now. Albemarle is rapidly scalin
Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada, two people with knowledge of the planning told Reuters, a step that would connect its largest factory to North America, its largest market.
What happened
The rally in fast-growing technology stocks continued Friday after economic news released yesterday charged up stocks in sectors like electric vehicles (EVs). But EV leader Tesla (NASDAQ: TSLA) was underperforming start-ups like Lucid Group (NASDAQ: LCID) and Rivian
The S&P 500 and the Nasdaq rose on Friday, extending a rally that was triggered by the expectations of smaller interest rate hikes by the Federal Reserve following soft inflation data.
Tesla is considering exporting made-in-China electric cars to the United States, two people with knowledge of the planning told Reuters, a reversal that would reflect the automaker's deepening cost advantage at its Shanghai plant and slower demand from Chinese consumers.
Tesla Inc Chief Executive Elon Musk said "False" in reply to a Reuters story on the company considering exporting its cars made in China to the United States.
Tesla is considering exporting made-in-China electric cars to the United States, two people with knowledge of the planning told Reuters, a reversal that would reflect the automaker's deepening cost advantage at its Shanghai plant and slower demand from Chinese consumers.