Tag #Tesla

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elmundo.es

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Dec 18, 16:15

Honda-Nissan Merger Talks Aim to Counter Chinese Automakers

Honda and Nissan, facing falling sales, are reportedly discussing a merger to form the world's third-largest carmaker, aiming to compete with China's BYD, which surpassed Tesla in quarterly revenue last October; talks began in March, focusing on electric vehicles and software.

Honda-Nissan Merger Talks Aim to Counter Chinese Automakers

Honda and Nissan, facing falling sales, are reportedly discussing a merger to form the world's third-largest carmaker, aiming to compete with China's BYD, which surpassed Tesla in quarterly revenue last October; talks began in March, focusing on electric vehicles and software.

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How does the rise of Chinese electric vehicle manufacturers like BYD influence this merger discussion?

The proposed Honda-Nissan merger aims to counter the rise of Chinese automakers like BYD, which is rapidly gaining market share. This collaboration, potentially including Mitsubishi Motors, reflects the Japanese auto industry's need for consolidation to remain globally competitive. The talks began in March, focusing on EV collaboration and software development.

forbes.com

🌐 85% Global Worthiness

Dec 17, 19:11

Warren Demands Answers on Musk's Potential Conflicts of Interest with Trump Administration

Senator Elizabeth Warren questioned President-elect Trump about potential conflicts of interest regarding Elon Musk's informal advisory role, citing Musk's substantial private interests and lack of transparency, while Trump dismissed these concerns, asserting Musk prioritizes national interests.

Warren Demands Answers on Musk's Potential Conflicts of Interest with Trump Administration

Senator Elizabeth Warren questioned President-elect Trump about potential conflicts of interest regarding Elon Musk's informal advisory role, citing Musk's substantial private interests and lack of transparency, while Trump dismissed these concerns, asserting Musk prioritizes national interests.

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What are the potential conflicts of interest arising from Elon Musk's informal advisory role with President-elect Trump, and what immediate actions are necessary to address these concerns?

Senator Elizabeth Warren raised concerns about Elon Musk's potential conflicts of interest due to his informal advisory role with President-elect Trump. Warren's letter highlights the lack of transparency regarding Musk's influence and the potential for his advice to benefit Tesla and SpaceX, given their extensive government contracts. This comes after Trump dismissed similar concerns in a recent interview.

cnbc.com

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Dec 15, 16:12

GM Ends Cruise Robotaxi Operations, Shifting Focus to Core Business

General Motors ended its Cruise robotaxi operations after spending over \$10 billion, citing high costs and market competition; the decision is expected to save over \$1 billion annually and refocus the company on core automotive and personal autonomous vehicle businesses.

GM Ends Cruise Robotaxi Operations, Shifting Focus to Core Business

General Motors ended its Cruise robotaxi operations after spending over \$10 billion, citing high costs and market competition; the decision is expected to save over \$1 billion annually and refocus the company on core automotive and personal autonomous vehicle businesses.

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What prompted General Motors to discontinue its Cruise robotaxi operations, and what are the immediate financial implications?

GM ended its Cruise robotaxi operations, shifting its focus to core automotive business and personal autonomous vehicles. This decision, following over \$10 billion in investment and amidst increasing competition, aims to save over \$1 billion annually and prioritize capital allocation. The move was largely applauded by Wall Street.

cnbc.com

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Dec 14, 16:13

Market Volatility: Overbought Tech Stocks and Oversold Sectors

The S&P 500 fell 0.6% last week, while the Dow dropped 1.8%, and the Nasdaq rose 0.3%. CNBC Pro's analysis reveals that several tech stocks are overbought (Apple, Tesla, ServiceNow), while others are oversold (Omnicom Group, Johnson & Johnson, Consolidated Edison), based on their 14-day relative str...

Market Volatility: Overbought Tech Stocks and Oversold Sectors

The S&P 500 fell 0.6% last week, while the Dow dropped 1.8%, and the Nasdaq rose 0.3%. CNBC Pro's analysis reveals that several tech stocks are overbought (Apple, Tesla, ServiceNow), while others are oversold (Omnicom Group, Johnson & Johnson, Consolidated Edison), based on their 14-day relative str...

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What are the immediate market implications of the overbought and oversold conditions observed in specific stocks, and what sectors are most affected?

The S&P 500 dipped 0.6% last week, while the Dow Jones fell 1.8%, contrasting with the Nasdaq's 0.3% gain. Apple (RSI 74), Tesla (RSI 77), and ServiceNow (RSI 73) are considered overbought, suggesting potential sell-offs. Omnicom Group (RSI 24), Johnson & Johnson, and Consolidated Edison are oversold, hinting at possible rebounds.

cnbc.com

🌐 85% Global Worthiness

Dec 13, 13:13

SEC Demands Settlement from Elon Musk Over Twitter Share Transactions

The SEC demanded a settlement from Elon Musk within 48 hours regarding his Twitter share transactions, prompting accusations of harassment from Musk's lawyer who refused to comply with a subpoena. The SEC investigation concerns possible securities fraud during Musk's 2022 Twitter acquisition.

SEC Demands Settlement from Elon Musk Over Twitter Share Transactions

The SEC demanded a settlement from Elon Musk within 48 hours regarding his Twitter share transactions, prompting accusations of harassment from Musk's lawyer who refused to comply with a subpoena. The SEC investigation concerns possible securities fraud during Musk's 2022 Twitter acquisition.

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What are the immediate consequences of the SEC's settlement demand for Elon Musk?

The SEC issued a settlement demand to Elon Musk regarding his Twitter share purchases and sales, pressuring him for a response within 48 hours or face charges. Musk's lawyer denies the accusations and alleges six years of harassment from the SEC, including the reopening of a Neuralink investigation. The lawyer also refused to comply with a subpoena, escalating the conflict.

forbes.com

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Dec 13, 20:05

Trump Team Seeks to End Automated Driving Crash Reporting Mandate

President-elect Trump's transition team plans to revoke a rule requiring automakers to report crashes involving automated driving systems, aligning with Tesla's stance; since June 2021, 2,746 such crashes were reported, with Tesla accounting for 1,570 (57%).

Trump Team Seeks to End Automated Driving Crash Reporting Mandate

President-elect Trump's transition team plans to revoke a rule requiring automakers to report crashes involving automated driving systems, aligning with Tesla's stance; since June 2021, 2,746 such crashes were reported, with Tesla accounting for 1,570 (57%).

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What are the immediate implications of the Trump transition team's plan to eliminate the automated driving system crash reporting mandate?

President-elect Trump's transition team seeks to eliminate a rule mandating automakers' reporting of crashes involving automated driving systems. This move aligns with Tesla's opposition, as they account for 57% (1,570 out of 2,746) of reported crashes since June 2021. Three Tesla crashes are under NHTSA investigation, including two fatalities in 2023.

cnbc.com

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Dec 18, 19:12

US New Vehicle Sales to Hit 2019 Highs in 2025

U.S. new light vehicle sales are expected to reach 16.3 million in 2025, exceeding 2024 projections of 15.9-16 million and marking the highest level since 2019, due to lower interest rates, increased affordability, and normalized inventories; however, potential tariffs and decreased automaker pricin...

US New Vehicle Sales to Hit 2019 Highs in 2025

U.S. new light vehicle sales are expected to reach 16.3 million in 2025, exceeding 2024 projections of 15.9-16 million and marking the highest level since 2019, due to lower interest rates, increased affordability, and normalized inventories; however, potential tariffs and decreased automaker pricin...

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Decent Work and Economic Growth

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What are the key factors driving the projected increase in U.S. new vehicle sales in 2025, and what are the immediate consequences?

U.S. new vehicle sales are projected to reach 16.3 million in 2025, the highest since 2019, driven by lower interest rates and increased affordability. This represents a modest increase from the 15.9 million to 16 million expected in 2024. The growth will be fueled by normalized inventories, manufacturer incentives, and easier financing.

cnbc.com

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Dec 15, 13:08

Trump Team Recommends Ending Crash Reporting Requirement, Benefiting Tesla

The Trump transition team recommended ending a car-crash reporting requirement, which would disproportionately benefit Tesla, hindering federal investigations into automated-driving safety; Tesla reported over 1,500 crashes and 40 of 45 fatal crashes to the NHTSA.

Trump Team Recommends Ending Crash Reporting Requirement, Benefiting Tesla

The Trump transition team recommended ending a car-crash reporting requirement, which would disproportionately benefit Tesla, hindering federal investigations into automated-driving safety; Tesla reported over 1,500 crashes and 40 of 45 fatal crashes to the NHTSA.

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Good Health and Well-being

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How does Tesla's significant contribution to the crash data influence the proposed change in reporting requirements?

Tesla's extensive reporting, including 40 out of 45 fatal crashes involving advanced driver-assistance systems through October 15, 2023, has led to several NHTSA investigations and recalls. The proposed elimination of the reporting requirement benefits Tesla, potentially shielding it from further scrutiny, while hindering broader safety improvements across the industry. This action contrasts with NHTSA's statement that the data is crucial for evaluating the safety of automated-driving technologies.

cincodias.elpais.com

🌐 85% Global Worthiness

Dec 14, 00:36

Musk Accuses SEC of Harassment as New Chair Signals Regulatory Shift

Elon Musk's lawyer released a letter accusing the SEC of years of harassment and politically motivated investigations; this follows a recent demand for monetary settlement and a reopened Neuralink probe; incoming SEC Chair Paul Atkins's deregulation stance suggests a potentially more lenient regulat...

Musk Accuses SEC of Harassment as New Chair Signals Regulatory Shift

Elon Musk's lawyer released a letter accusing the SEC of years of harassment and politically motivated investigations; this follows a recent demand for monetary settlement and a reopened Neuralink probe; incoming SEC Chair Paul Atkins's deregulation stance suggests a potentially more lenient regulat...

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What are the immediate consequences of the SEC's recent actions against Elon Musk, and how do these actions impact the broader regulatory landscape?

The SEC, under Gary Gensler, has repeatedly investigated Elon Musk for alleged securities violations, including his tweets about Tesla and his acquisition of Twitter. A recent SEC demand for a monetary settlement from Musk, revealed in a letter from Musk's lawyers, alleges years of harassment. This follows a reopened investigation into Musk's Neuralink.

euronews.com

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Dec 13, 13:13

Tesla Stock Soars 69% Post-Election on Autonomous Vehicle Optimism

Tesla's stock price soared 69% following the US election, adding \$55 billion to its market cap, driven by investor optimism about its autonomous vehicle technology, strong Q3 earnings, and the potential for regulatory changes under the new administration.

Tesla Stock Soars 69% Post-Election on Autonomous Vehicle Optimism

Tesla's stock price soared 69% following the US election, adding \$55 billion to its market cap, driven by investor optimism about its autonomous vehicle technology, strong Q3 earnings, and the potential for regulatory changes under the new administration.

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How did Tesla's third-quarter earnings contribute to the stock's performance?

The significant increase in Tesla's valuation reflects investor confidence in its autonomous vehicle technology and the expectation of eased regulations under the incoming Trump administration. This is further supported by Tesla's strong third-quarter earnings and increased vehicle deliveries, indicating a robust core business. The potential removal of electric vehicle subsidies could benefit Tesla more than smaller competitors, increasing its market share.

edition.cnn.com

🌐 85% Global Worthiness

Dec 13, 20:05

SEC Demands Fine from Elon Musk for Undisclosed Twitter Share Purchases

The SEC is demanding Elon Musk pay an undisclosed fine for failing to timely disclose his initial Twitter share purchases in 2022; Musk's attorney rejected the demand, citing improper motivation, and the agency's actions reflect ongoing tensions and regulatory scrutiny of his business practices.

SEC Demands Fine from Elon Musk for Undisclosed Twitter Share Purchases

The SEC is demanding Elon Musk pay an undisclosed fine for failing to timely disclose his initial Twitter share purchases in 2022; Musk's attorney rejected the demand, citing improper motivation, and the agency's actions reflect ongoing tensions and regulatory scrutiny of his business practices.

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What are the underlying causes of the ongoing conflict between Elon Musk and the SEC, and how does this relate to broader regulatory issues?

This latest SEC action against Musk stems from his 2022 purchase of 9% of Twitter shares before acquiring the company, a violation of disclosure requirements. The SEC's insistence on a fine, despite Musk's refusal to settle, highlights ongoing tensions and regulatory scrutiny of Musk's business practices. The conflict extends to broader debates around cryptocurrency regulation, where Musk and SEC Chair Gensler hold opposing views.

us.cnn.com

🌐 85% Global Worthiness

Dec 12, 01:09

Elon Musk's Net Worth Hits Record-Breaking \"$400 Billion\"

Elon Musk's net worth hit \"$400 billion\", driven by a \"$350 billion\" SpaceX valuation increase and a \"65%\" Tesla stock rally since the 2024 US presidential election, largely due to his alliance with President-elect Trump.

Elon Musk's Net Worth Hits Record-Breaking \"$400 Billion\"

Elon Musk's net worth hit \"$400 billion\", driven by a \"$350 billion\" SpaceX valuation increase and a \"65%\" Tesla stock rally since the 2024 US presidential election, largely due to his alliance with President-elect Trump.

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What factors contributed to Elon Musk's net worth reaching \"$400 billion\", a record high?

Elon Musk's net worth reached \"$400 billion\", exceeding all previous records. This surge follows a SpaceX deal increasing its valuation to roughly \"$350 billion\", and a Tesla stock rally of approximately \"65%\" since the 2024 US presidential election. His alliance with President-elect Trump and the resulting deregulation expectations significantly boosted Tesla's share price.

Showing 505 to 516 of 552 results