Ron Baron expects SpaceX’s Starlink to go public around 2027
Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service “in 2027 or so.” “We think that by the time they …
Tesla Inc
Startup Li Auto is beating Tesla China’s EV sales
Chinese startup Li Auto sold more cars in October than Tesla’s China business did in October, according to the China Passenger Car Association. Nurphoto | Getty Images BEIJING — Chinese …
Tesla stock drops 5% after HSBC calls it a ‘very expensive auto company’
Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. Tingshu Wang | Reuters Tesla shares closed down …
All autoworkers deserve deals like those the UAW won
U.S. President Joe Biden puts on a t-shirt of the UAW Local 1268 during a United Auto Workers (UAW) union members meeting, in Belvidere, Illinois, U.S., November 9, 2023. Leah …
Biden Got Manufacturers To Build EVs But He Can’t Force You To Buy One
Good morning! It’s Wednesday, November 8, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
GM’s Cruise is recalling 950 robotaxis after pedestrian collision
Cruise, the autonomous vehicle venture owned by General Motors, has issued a recall effecting 950 of its robotaxis following a pedestrian collision in San Francisco last month. Previously, the company …
Warren Buffett keeps selling BYD. Why some analysts say it’s a buy
Warren Buffett’s Berkshire Hathaway has more than halved its stake in Chinese electric car stock BYD through successive sales over the last 18 months, filings show. The latest share sale …
Growth investor underweight Magnificent Seven, but likes one tech giant
The “Magnificent Seven” stocks have proved popular this year, but one growth investor says he is underweight the group. The Big Tech stocks known as the “Magnificent Seven” are Alphabet …
Elon Musk debuts ‘Grok’ AI bot to rival ChatGPT, others
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Meet Grok, …
Elon Musk says his new startup xAI will debut tech for the first time
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Elon Musk …