In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following Tesla’s 2023 annual shareholder meeting in Austin, Texas. During the course of their approximately hour long conversation, Musk reflected on: How he has managed a takeover of
Month: May 2023
By William Johnson Posted on May 15, 2023 The upcoming Starlink production facility in Bastrop, Texas, is nearing construction completion, which could become a sales growth driver shortly. Until recently, Starlink’s biggest problem has been profitability, but with a growing subscriber base and a growing stream of revenue, profit concerns have subsided slightly. Now, the
VERONA, Italy — Italy’s transport minister said on Tuesday that Italy and its allies in the European Union can block the Euro 7 regulation which tightens vehicle emission limits for pollutants including nitrogen oxides and carbon monoxide from 2025. EU countries and lawmakers are due this year to negotiate on the proposed legislation, designed to
Laurence Edmondson, F1 EditorMay 16, 2023, 11:17 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Formula One personnel preparing for this weekend’s Emilia Romagna Grand Prix were asked to leave the Imola paddock on Tuesday after a severe weather warning was issued in the area. The Emilia Romagna region, in
A woman has been charged with felony embezzlement for allegedly stealing about $250,000 from a Toyota dealership when it was in Louisville, Miss., local station WTOK reported. Louisville is in eastern Mississippi, northeast of Jackson. Latisha Jones Smith, 50, was formerly the comptroller for Doc’s Toyota, according to WTOK. She had been let go by
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Be ready to buy Wall Street was mixed to flat in late-morning trading Monday. President Joe Biden seems optimistic about a debt ceiling deal. He called congressional leaders back
Lamborghini on Tuesday revealed the new Urus Performante Special Edition, a visually enhanced Urus SUV inspired by the Aventador-based Essenza SCV12 track car introduced in 2020. Just 40 examples are planned, matching the production run of the Essenza SCV12, and build slots are reserved exclusively for owners of the track car. The special edition is
Pro driver Randy Pobst hot laps the 2020 Porsche 718 Cayman GT4 around WeatherTech Raceway Laguna Seca for MotorTrend’s 2020 Best Driver’s Car presented by Tire Rack. Get the pros and cons right here ➡️ https://bit.ly/3ph4ceH #MotorTrend #BestDriversCar #TireRack Best Driver’s Car and World’s Greatest Drag Race 10 YouTube Schedule: Best Driver’s Car hot laps
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Stellantis workers in Southern Italy protesting unsanitary toilets, a lack of work gear and insufficient heating have slowed down manufacturing of Alfa Romeo Tonales and Fiat Panda models. Some staff at the Pomigliano plant close to Naples stopped working for two hours Friday, their third day of protests, according to Simone Marinelli, who heads the
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Tesla Inc.’s price cuts in the first quarter led to significant volume gains, according to U.S. new-vehicle registration data from Experian. But the benefits came mostly from the relatively fresh Model Y crossover and not the older Model 3 sedan, Model X crossover or Model S hatchback. Analysts are closely watching Tesla’s numbers after CEO
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT SpaceX, Twitter and electric car maker Tesla CEO Elon Musk meets with France’s President Emmanuel Macron (L) at the Elysee presidential palace in Paris on May 15, 2023. Ludovic Marin | Afp | Getty Images Tesla CEO Elon Musk sent an email to “everybody” at
Ionity, one of the largest DC fast charging networks in Europe, announced the opening of its currently largest charging station in Affi at Lake Garda in Italy. The station, located at a strategic crossroads of A22/E45 highways, is equipped with a total of 18 individual stalls, rated at up to 350 kilowatts (kW) and supporting
PARIS – Elon Musk will meet French President Emmanuel Macron and other political leaders on Monday at a business conference close to Paris, the Elysee Palace said, confirming earlier media reports. The Tesla CEO, who bought social network Twitter in a $44 billion deal last year, will meet Macron at the palace before attending lunch
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OTTAWA — Stellantis and South Korea’s LG Energy Solution are implementing “contingency plans” related to a more-than $4-billion battery plant investment in Canada because the federal government has not delivered on its promises, a Stellantis spokesperson said. “As of today, the Canadian Government has not delivered on what was agreed to, therefore Stellantis and LG Energy
As automakers ramp up electric vehicle production and scramble to secure their battery supply chains, they are meddling less in the business of traditional parts suppliers, according to an industry expert and executive. That’s because the automakers are faced with the once-in-a-century challenge of reinventing their companies, a capital-intensive task that leaves fewer resources for
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