Bernstein names global stocks to buy on China EV tariffs
The U.S move to impose higher tariffs on Chinese electric vehicles is set to have an impact on the U.S. battery supply chain — and create investing opportunities, according to …
Tesla Inc
Dow at record high, Iran’s president dies in helicopter crash
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2024 in New York City. Angela Weiss | AFP | Getty Images This …
Musk launches SpaceX’s Starlink internet services in Indonesia
Tech billionaire Elon Musk (2nd L) speaks next to Indonesia’s Health Minister Budi Gunadi Sadikin (L) during a ceremony held to inaugurate satellite unit Starlink at a community health center …
Dow at record close, GameStop shares crash
Andriy Onufriyenko | Moment | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything …
Canada ‘looking carefully’ at slapping higher tariffs on Chinese EVs, trade minister says
Canada ‘looking carefully’ at slapping higher tariffs on Chinese EVs, trade minister says Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles after the White House …
Mercedes-Benz workers in Alabama vote against union
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg …
As Tesla layoffs continue, here are 600 jobs cut in California
As part of Tesla’s massive restructuring, the electric vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and …
Nio is changing its global strategy with U.S., EU tariffs on the horizon
Ai Tiecheng, Senior Vice President of NIO and President of ONVO, speaks during the press conference of ONVO, NIO’s new subsidiary brand, on May 15, 2024 in Shanghai, China. NIO …
Nio’s Onvo brand undercuts Tesla Model Y
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng SHANGHAI — Chinese electric car company Nio revealed …
OpenAI co-founder Ilya Sutskever says he will leave the startup
OpenAI co-founder Ilya Sutskever said Tuesday that he’s leaving the Microsoft-backed startup. “I am excited for what comes next — a project that is very personally meaningful to me about …