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Christiaan HetznerFortune |
“We are confident we will prevail in this case,” the company said, calling the state’s Stop Hiding Hate Act an unconstitutional infringement on...
The Global South is actively shifting their own reserves towards gold at a much faster rate than advanced economies to reduce their U.S. dollar...
With a share of 40%, even the slightest weakness at Elon Musk's company has a disproportionate effect on overall monthly EV sales.
JPMorgan fears crude oil could hit a high of $130 a barrel, causing U.S. inflation to return to 5% in a worst case scenario.
Beijing warned the practice of selling new cars with zero miles at a sharp discount in the used car market is just the latest example of the auto...
“This one hits different. You’re in the Tesla hall of fame, brother,” wrote one senior Tesla manager.
The bromance between Elon Musk, the world’s wealthiest man, and President Donald Trump, the world’s most powerful, appears to have run its course.
Tony Gilroy reveals he had to fight tooth and nail with company execs to bring his second season of the critically acclaimed Star Wars series to life.
Visionary entrepreneur Elon Musk might be tempted to solve the problem of commercializing air taxies, also known as electric vertical take-off and...
Tesla sales more than tripled in Norway in May, but a growing number of customers in Europe and beyond are eyeing a purchase of its Chinese rival BYD...
Just about 48 hours after Musk left the government, his preferred pick to run NASA was withdrawn by the White House.
BYD blew past Tesla in the first quarter and remains on track to exceed Musk’s own as the largest EV brand worldwide by vehicles sold.
Comprehensive new data for all 31 countries across the continent shows EV volumes rose 28% while Tesla's sales collapsed 49% last month.
A combination of pro-growth trade policies, tax cuts and deregulation will soon lead to a pickup in activity, according to the Trump administration,...
The tire maker expects to reap $650 million in gross proceeds from selling most of its Chemical arm, achieving a key target from its Goodyear Forward...
"Trump and Republicans are directly responsible for the spike in the 30-year Treasury bond yield and mortgage rates,” said the fourth highest...
Even scandal-hit UnitedHealth Group and the UK oil company behind the Deepwater Horizon catastrophe are viewed in a better light.
Saudi Arabia must import the overwhelming share of its food, and due to the withering heat, nutritious fruit and vegetables can spoil quickly.
Sutskever believed his AI researchers needed protection once they ultimately achieved their goal of creating artificial general intelligence, or AGI.
Japan's prime minister warned members of parliament the country cannot afford any tax cuts funded through the issue of new debt as calls grow for...
Three years into his dual assignment, Blume is facing increasing pressure to focus on one of his two posts given a perceived conflict of interest and...
Berkshire Hathaway's latest 13-F filing reveals it doubled the size of its stake in the owner of the Modelo and Corona beer brands in the United...
Daimler Truck is waiting to see how the eHGV compares with its critically acclaimed Mercedes-Benz eActros 600.
Robyn Denholm has earned five times as much as UnitedHealth Group's Stephen Hemsley, the next non-executive chair most prone to liquidating stock.
Tesla's weekly sales in China tumbled to just 3,070 vehicles last week, the worst performance since the start of Q2, driven by low volumes of the new...
After nearly six years at the EV manufacturer, Matthew LaBrot said he lost his "dream job" after demanding Musk cede the reins—a price the manager...
Execs claim its U.S. tariff exposure equates to about one quarter of the average for the industry, a significant advantage for its business going...
'Under this deal, it will now be cheaper to import a UK vehicle with very little U.S. content than a USMCA compliant vehicle from Mexico or Canada...
Cars sold from Tesla's Chinese factory fell 6% over the previous April to mark their lowest level since Shanghai entered lockdown over a new COVID...
Rivian warned it will only deliver between 40,000 to 46,000 vehicles in 2025 after 51,600 last year, revising its earlier guidance. Capex spending...
Gone are the days when Tesla had to keep hiking prices to avoid being hopelessly swamped by demand. Now CEO Elon Musk has to fight for every new...
Not only is it unclear how import duties could be levied on films and what criteria would apply, experts say, but the real risks may lie in...
Four key EV friendly European markets reported high double-digit drops in Tesla volumes in April with only Norway showing some improvement.
No country holds more provable Treasury debt than Japan with roughly $1.1 trillion, equivalent to a quarter of its entire economy.
The very name raises concerns it will sell access to the business and tech moguls looking to nurture relationships with the Trump administration.
Tesla chair Robyn Denholm has now liquidated roughly $150 million in shares since early December, dwarfing the $1 million open market purchase by...
The White House confirmed a report in the Wall Street Journal that automakers won't face additional tariffs for goods like steel and aluminum.
New York Democrats are hoping to push through a statewide bill that could strip CEO Elon Musk's Tesla of its right to sell cars directly to customers.
Tesla execs said new cars launching this year will just be more affordable derivatives of existing cars, dashing investor hopes for all new models.
The Information revealed Musk didn't feel a compact EV was worthy of Tesla and opted for the CyberCab despite warnings it might not ever make money.
He Xiaopeng used two numbers to describe the breakneck pace of EV innovation in China.
After a disappointing 2024, Mercedes is in the process of reshuffling its leadership team in key markets following the recent appointment of new...
In "one of the largest single-month changes" it has ever made to its forecast, S&P Global Mobility cut 700,000 cars from its annual U.S. sales...
Donald Trump’s presidency has been a blessing for goldbugs now profiting from the uncertain economic outlook sparked by his administration’s trade...
The new single-motor Cybertruck, expected to arrive as early as June, weighs in at a chunky $69,990 before any U.S. federal tax credits.
Tesla has stopped taking orders for the Model S and Model X in China, which now face retaliatory 125% import duties levied by Beijing.
The world's most influential entrepreneur was mercilessly jeered at by an online gaming audience still angry that he had so casually lied about...
The Pershing Square hedge fund manager urged the Trump administration to freeze tariff plans for 90 days to preven an 'economic nuclear winter'.
Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.
Bessent appears to be more interested in bringing down borrowing costs to stave off a potential sovereign debt doom loop than in the $1.5 trillion...
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