Elon Musk predicts mild 18-month recession, teases share buybacks

Tesla CEO Elon Musk gestures as he visits the development web site of Tesla’s Gigafactory in Gruenheide close to Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters At the…

Traffic Fatalities Jump as Drivers Increasingly Must Share the Road

Preliminary figures from the National Freeway Site visitors Safety Administration present that final year there had been 42,915 website traffic fatalities in the U.S.—the greatest in 16 years. The general…

Tesla investor calls for $15 billion stock buyback after share price falls

Tesla CEO Elon Musk is seeking to obtain Twitter and regulate numerous organizations at the exact time. James Glover II | Reuters Billionaire Leo Koguan, who promises to be the…

Rivian ramping up production, sets 10% market share goal

DETROIT — Rivian is “generating progress” in the enhance of production for electric vehicles at its Ordinary, Illinois, assembly plant and is aiming to choose 10% share in the EV…

Rivian prices IPO at $78 a share, valuing company at $66.5 billion

R.J. Scaringe, Rivian’s 35-12 months-old CEO, introduces his firm’s R1T all-electrical pickup and all-electric powered R1S SUV at Los Angeles Car Clearly show in Los Angeles, California, November 27, 2018.…

Ford’s stock tops $20 a share for the first time in more than 20 years

Ford CEO Jim Farley speaks with reporters outdoors the firm’s entire world headquarters on May possibly 19 in Dearborn, Michigan, pursuing the debut of the electrical F-150 Lightning pickup truck…

Hertz announces 37.1 million share offering by stockholders

The desk of car or truck rental business Hertz is found at Awesome Worldwide airport through the coronavirus sickness (COVID-19) outbreak in Wonderful, France, Could 27, 2020. Eric Gaillard |…

Tesla reports earnings this afternoon. Traders share whether it’s a buy

Tesla is coming off a wild week. The automaker is going through investigations in the U.S. next a deadly crash in Texas and is beneath criticism in China just after…