Elon Musk’s Wealth Slumps $20 Billion as Tesla Shares Tumble
Elon Musk’s fortune slumped $20.3 billion Thursday after Tesla Inc. warned it may have to keep cutting the
2023-07-21 04:56
Carvana’s CEO Sees Weaker Used-Car Prices Stimulating Demand
A surge in used-car prices padded Carvana Co.’s bottom line early in the pandemic. As the market for
2023-07-21 03:25
India bans rice shipments to curb price rises
The country has struggling with a surge in food prices after bad weather damaged crops.
2023-07-20 23:18
BYD, Li Auto Smash Foreign Rivals During Price War
China’s electric-vehicle makers are defying an unprecedented price war with their share gains trouncing foreign rivals, and analysts
2023-07-20 17:48
America Is Barreling Toward a Summer of Strikes
More than 650,000 American workers are threatening to go on strike this summer — or have already done
2023-07-20 17:20
Tesla Sinks as Musk Warns of More Blows to Profitability
Tesla Inc. shares dropped in early trading after the carmaker warned of more hits to its already-shrinking profitability.
2023-07-20 16:27
Indian Truckers Eye Electric as One Way to Tackle Pollution
India, the world’s most polluted country after Bangladesh, has a truck-sized problem to tackle if it wants to
2023-07-20 14:20
Netflix ends password sharing in 'big market' India
Only users from a single household will be able to use an account, the streaming giant has said.
2023-07-20 13:53
Volvo Car Sees Improving EV Margins on Lower Lithium Prices
Volvo Car AB expects the profitability of its electric cars to improve in the coming months because of
2023-07-20 13:48
How Britain Took a Step Toward Saving Its Ailing Car Industry
Britain’s car industry has been on the decline for some time. Last year, production fell to a 66-year
2023-07-20 12:20
Apollo, Pimco Show Creditors Can Play Nice With Carvana Deal
A pact among Carvana Co. creditors to work together as they negotiated how to restructure the used-car dealer’s
2023-07-20 10:53
Musk Says Tesla to Spend Over $1 Billion on Dojo Supercomputer
Tesla Inc. is sparing no expense to become a player in supercomputing, with Elon Musk saying the electric
2023-07-20 07:59