Tesla automobile plugged in and charging at a Supercharger rapid battery charging station for the … [+] electric vehicle company Tesla Motors, in Mountain View, California. (File photo by Smith Collection/Gado/Getty Images). Getty Images Tis’ the season for companies to release their global outlooks for the coming year. As Bank of America BAC released its…
Topline Shares of Rivian tumbled nearly 11% on Friday—hitting a new record low since the company’s blockbuster IPO last month—after the electric truck maker warned that it would miss its 2021 production target due to ongoing supply chain issues. Rivian’s first earnings as a public company showed that ramping up production levels will be no…
Topline Billionaire Elon Musk fired back at comments from Sen. Elizabeth Warren (D-Mass.) on Tuesday, telling her to “stop projecting” and calling her “Senator Karen” a day after she criticized the Tesla CEO for not paying enough in taxes. Musk slammed Warren after she criticized him for being named Time’s Person of the Year. Patrick…
Topline Stocks fell again on Tuesday—with investors nervously looking ahead to the conclusion of the Federal Reserve’s policy meeting Wednesday—as Big Tech stocks led declines and new inflation data spooked markets. Markets were down for the second day in a row ahead of a big Fed decision. Richard Drew/ASSOCIATED PRESS Key Facts The Dow Jones…
Topline Tesla will allow people to buy some of its branded products using the cryptocurrency dogecoin, billionaire CEO Elon Musk tweeted on Tuesday, a move that comes months after the company briefly experimented with allowing its customers to pay its electric cars with bitcoin. Tesla CEO Elon Musk said his company will accept Dogecoin payments…
Elon Musk, the Tesla TSLA billionaire who’s helped the “joke” bitcoin rival dogecoin become a major cryptocurrency this year, has outlined exactly why he supports the memecoin over the likes of bitcoin, ethereum and other cryptocurrencies. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000%…
When thinking of a company that’s the posterchild for ESG (environmental, social, governance), many investors come up with Tesla TSLA . Thus, it’s no surprise that the EV maker would be included in many ESG or impact funds. Additionally, many EV companies have high valuations like Tesla, although they also might be included in numerous…
The Ford Mustang Mach-E Ford The electric vehicle space is hot and no company is benefitting more than Ford (F). Yet even with the impressive stock gains in 2021 shares are still dramatically underpriced. Jim Farley, Ford’s chief executive, on Friday was sounding all of the right notes. The Dearborn. Mich.-based company plans to triple…
Topline The stock market fell on Monday as investors remained cautious amid mixed headlines about the omicron variant and ahead of a crucial Federal Reserve meeting this week, in which the central bank is expected to speed up the taper of its pandemic bond-buying program. The market moved lower ahead of a key central bank…
U.S. President Joe Biden greets attendees during a visit to General Motors’ Factory ZERO … [+] all-electric vehicle assembly plant in Detroit, Photographer: Emily Elconin/Bloomberg © 2021 Bloomberg Finance LP Unions currently have more backing in the U.S. than in many years. According to a survey by the Gallup polling organization released in September, support…