S&P 500 closes little changed on Monday as rising Treasury yields weigh on stocks: Live updates
Stocks ended Monday little changed as another uptick in interest rates kept investors from making big moves ahead of key U.S. inflation data.
Elon Musk in asian news
Elon Musk says Tesla will unveil its robotaxi on Aug. 8; shares pop
Tesla will reveal its robotaxi product on Aug. 8, CEO Elon Musk said in a social media post on X.
Nissan looks to address 'extreme market volatility' with 30 new models, EV cost cuts
Nissan is targeting an additional 1 million vehicle sales over the next three years and a 30% reduction in electric vehicle production costs by 2030, the Japanese carmaker announced Monday.
Microsoft hires DeepMind co-founder Mustafa Suleyman as CEO of new AI unit
Microsoft said Tuesday it has hired Mustafa Suleyman, a co-founder of artificial intelligence startup DeepMind that Google acquired in 2014, to lead Copilot AI initiatives. Suleyman will become an executive vice president and CEO of Microsoft AI, reporting to CEO Satya Nadella.
Elon Musk suggests his prescription ketamine use is good for investors
In a new interview, Elon Musk said prescription ketamine has been helpful in treating his occasional depressive episodes and suggested that taking the drug has been beneficial for investors in his companies.
Tesla to raise U.S. prices for Model Y vehicles by $1,000 on April 1
Tesla on Friday said it will increase prices for all Model Y cars in the United States by $1,000 on April 1, the automaker said on its website.
India to lower EV import tax with US$500 million investment, boosting Musk’s Tesla plans
Companies that meet these requirements will be allowed to import a limited number of EVs at a lower tax of 15 per cent on cars costing US$35,000 and above. India currently levies a tax of 70 per cent or 100 per cent on imported cars and EVs, depending on their value.
EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans
DETROIT — The buzz around electric vehicles is wearing off.