Elizabeth Warren letter to Tesla chairwoman Robyn Denholm about Musk

Elizabeth Warren letter to Tesla chairwoman Robyn Denholm about Musk

Elon Musk and Robyn Denholm Tim Rue | Bloomberg | Getty Images; Telstra Sen. Elizabeth Warren, D-Mass., is asking the Tesla board if it’s looked into CEO Elon Musk’s use of company resources to benefit his other ventures, including SpaceX and xAI. “Tesla’s Board of Directors appears to be failing to meet its fiduciary duties to … Read more

Ola Electric shares rise 20% in India IPO, valuing firm at $4.8 billion

Ola Electric shares rise 20% in India IPO, valuing firm at .8 billion

Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead of the Initial Public Offer (IPO).  Ashish Vaishnav | Sopa Images | Lightrocket | Getty Images Shares of Ola Electric surged 20% on their market debut on Friday, valuing the Indian electric vehicle startup at … Read more

Trump, Musk alliance could threaten Harris in 2024 election

Trump, Musk alliance could threaten Harris in 2024 election

NASHVILLE, Tenn. —  Former President Donald Trump’s highly anticipated keynote address at the biggest bitcoin gathering of the year late last month started over an hour late. As the crowd of investors, enthusiasts and the crypto-curious grew increasingly antsy in Nashville, Elon Musk’s private jet was touching down 200 miles away in Memphis, Tennessee. It … Read more

Trump, Harris deploy JD Vance and Tim Walz to wage class warfare

Trump, Harris deploy JD Vance and Tim Walz to wage class warfare

Democratic vice presidential candidate, Minnesota Governor Tim Walz, speaks during a campaign rally with U.S. Vice President and Democratic presidential candidate Kamala Harris, in Philadelphia, Pennsylvania, U.S., August 6, 2024.  Kevin Lamarque | Reuters With their running mate selections, Donald Trump and Kamala Harris have opened up a new front in the battle for the … Read more

Wall Street rebound fizzles out

Wall Street rebound fizzles out

A trader works on the floor of the New York Stock Exchange. NYSE 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 what you see? You can subscribe here. What you need to … Read more

Wall Street rebound fizzles out

Wall Street rebound fizzles out

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | 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 … Read more

Elon Musk ‘accountable to no one,’ UK tech minister says

Elon Musk ‘accountable to no one,’ UK tech minister says

Harun Ozalp | Anadolu Agency | Getty Images Elon Musk is “the one person who is accountable to no one” and his impact on public discourse should not be underestimated, the U.K.’s technology minister said in an interview with the Times newspaper, adding to recent criticisms of the technology billionaire from senior government officials. Peter … Read more

Lucid Gets An Additional $1.5 Billion From Saudis After Losing $790 Million In Q2

Lucid Gets An Additional .5 Billion From Saudis After Losing 0 Million In Q2

Good morning! It’s Tuesday, August 6, 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. It’s Time The Nissan Altima Got Some Respect | Jalopinions 1st Gear: Lucid Gets Another Lifeline Despite Cash … Read more

Market correction may not be over yet

Market correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | 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 … Read more

Correction may not be over yet

Correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  Michael M. Santiago | 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 … Read more