People shop in the produce section of a grocery store on September 12, 2023 in Los Angeles, California. Mario Tama | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more
Traders work the floor during morning trading at the New York Stock exchange (NYSE) ahead of the US Federal Reserve’s decision on lending rates, in New York on January 31, 2024. Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors … Read more
Elon Musk, chief executive officer of Tesla Inc and X (formerly Twitter) Ceo speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy), on December 15, 2023 in Rome, Italy. Antonio Masiello | Getty Images Two weeks after a Delaware court ruled that Tesla must rescind Elon Musk’s $56 billion pay package, … Read more
K2 Space co-founders Karan Kunjur and Neel Kunjur at the company’s facility in Torrance, California. Credit: K2 Space Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market. Nearly two years since founding, K2 co-founders and … Read more
You did it, you made it to a new week. It’s Monday, February 12, 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 stories you need to know. 1st Gear: Tesla Made $1.8 Billion Selling EV Credits Electric … Read more
An effigy of Elon Musk is seen on a mobile device with the X and Twitter logos in the background in this photo illustration on 23 July, 2023 in Warsaw, Poland. Jonathan Raa | Nurphoto | Getty Images Tesla and SpaceX CEO Elon Musk has to testify in a probe by the U.S. Securities and … Read more
A Starlink satellite internet system set up near Ulraine’s frontline town of Bakhmut Kyiv: Russian forces in occupied Ukraine are using Starlink terminals produced by Elon Musk’s SpaceX for satellite internet in what is beginning to look like their “systemic” application, Kyiv’s main military intelligence agency said on Sunday. The terminals were rushed in to … Read more
Photo: Patrick Pleul/dpa (Getty Images) Word through the grapevine is that Tesla — the most valued automaker in the world by an incredible margin — is looking to cut staff. Nothing’s been officially announced, but managers have had to tell their bosses which folks are mission-critical — never a good sign. If only seven more … Read more
Elon Musk’s Tesla can apply for incentives under the National Programme on Advanced Chemistry Cells (ACC) Battery Storage, Minister of State for Heavy Industries, Krishnan Pal Gurjar informed the Rajya Sabha on Friday. He was responding to question on whether a separate policy for providing incentives to Tesla is being formed. While answering another question, … Read more
US President Joe Biden speaks about the economy and the deal between the United Auto Workers (UAW) Union and the big-three automakers, in Belvidere, Illinois, on November 9, 2023. Olivier Douliery | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to … Read more
