Tesla shareholder Tencent backs Elon Musk despite Twitter distraction

A Tesla retailer in Changzhou, China, in April 2022. Tencent, recognised as just one of the world’s largest gaming and social media companies, invested in Tesla in 2017, taking a…

Volkswagen undervalued but battery business will help, shareholder says

BERLIN — Reduce Saxony, Volkswagen’s 2nd-major shareholder, sights the carmaker as undervalued but believes its rising battery enterprise could raise its valuation, the state’s key minister claimed on Friday. As…

Ron Baron says he made $6 billion on Tesla investment, plans to be a shareholder for a long time

Important Tesla trader Ron Baron instructed CNBC on Wednesday that he is created $6 billion on his investment in the electric powered automaker and strategies to continue to be a…

Elon Musk endorses carbon tax at Tesla shareholder meeting

Elon Musk, founder of SpaceX and chief government officer of Tesla, waves whilst arriving to a discussion at the Satellite 2020 Convention in Washington, D.C., on Monday, March 9, 2020.…

Rivian’s Forever Fund Will Turn Nature into an EV Shareholder

Rivian CEO RJ Scaringe declared a new fund called Eternally that will place money from the younger electric powered-car organization into “high-impact climate initiatives” to safeguard wilderness. Scaringe stated Rivian…

EV start-up Lordstown Motors hits 52-week low after shareholder meeting

The Lordstown Motors Corp. Stamina electrical pickup truck sits on stage in the course of an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher |…