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CNBC’s Jim Cramer reviewed Wednesday’s market action, saying the session was shaped by traders who were relieved that the election was over and were getting ready for President-elect Donald Trump’s administration. “Let’s understand that many people thought we’d have a contested election, which would cause tremendous uncertainty,” he said. “The fact that we already know […]
Tesla CEO and X owner Elon Musk, who supports Republican presidential nominee former U.S. President Donald Trump, gestures as he speaks about voting during an America PAC Town Hall in Folsom, Pennsylvania, U.S., October 17, 2024. Rachel Wisniewski | Reuters A Pennsylvania federal judge on Friday returned to state court a lawsuit against billionaire Elon […]
Chinese smartphone company Xiaomi on Tuesday announced a sports car version of its SU7 electric sedan would begin preorders for the equivalent of more than $110,000. Luna Lin | Afp | Getty Images BEIJING — China’s Xiaomi said Tuesday that it had delivered more than 20,000 SU7 EVs in October as it ramps up production […]
Aerial photograph shows electric cars for export stacked at the international container terminal of Taicang Port in Suzhou, in China’s eastern Jiangsu Province. The EU and China have reportedly agreed to start talks on the planned imposition of tariffs on Chinese-made EVs. Str | Afp | Getty Images China’s commerce ministry said it “does not […]
President Joe Biden called out Tesla and SpaceX CEO Elon Musk, now a Republican megadonor and Trump campaign surrogate, for hypocrisy on immigration on Saturday, saying Musk launched his long career in the U.S. as an “illegal worker” before becoming the world’s wealthiest man. The president made these remarks at a campaign event to support […]
A stop sign stands near the Tesla logo at the Tesla factory on July 17, 2023 near Gruenheide, Germany.Photo: Sean Gallup (Getty Images) Good morning! It’s Monday, October 21, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important […]
Despite recent push here in the U.S. to legalize it, using the marijuana plant as a recreational or even medicinal substance is still very much illegal around the world. One Volkswagen exec recently found that out the hard way when he was detained and later deported from China for failing a drug test, Reuters reports.… […]
Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal. Citing “several current and former U.S., European and Russian officials,” the Journal reported that conversations between Putin and Musk, a Republican megadonor and Pentagon contractor, took […]
Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024 Source: Tesla | Youtube Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations. The stock popped 12% in extended trading. Here’s what the […]
Police in California are experiencing what happens when good intentions crash into reality. Police departments are transitioning to battery powered vehicles but those vehicles come with challenges that make cops’ jobs more difficult. – Erin Marquis Read More Read more… Source link