BUSINESS Archives - Page 28 of 60

Tesla's Stock Takes a Hit: Major Recall Hits Over 1.8 Million Cars 2024.07.31 Tesla's stock price decline followed news of a large-scale recall in the U.S. to unexpectedly address an issue with the front hood opening.

NIO’s CEO: Robotaxis Aren’t a Sustainable Business Model 2024.07.29 Robotaxi is not an exciting business model, and Nio is determined not to enter the space, said William Li, the company's founder and CEO.

Chinese EVs Capture 18% of Europe—Are American Automakers in Trouble? 2024.07.29 There is growing anticipation that the European Union (EU) will face difficulties approving proposed tariff increases.

Apple's Tough Times: iPhone Sales Down 6.7% in China 2024.07.26 Sales dropped by 6.7% compared to the second quarter of last year, and even a discount of about $320 couldn't boost sales.

U.S. Economy Thrives Despite High Interest Rates—Are We Out of the Woods? 2024.07.26 The U.S. economy exhibited stronger growth in the last quarter, marking the second consecutive quarter of acceleration...

Elon Musk Delays Tesla's Optimus Robot Launch: What’s Going On? 2024.07.25 Tesla CEO Elon Musk has delayed the launch of the humanoid robot Optimus longer than scheduled.

Tesla Stock Plunge Wipes Out Over $16 Billion of Elon Musk's Wealth 2024.07.25 Tesla's stock is facing another steep decline. Last Thursday, shares were trading at $255, but by yesterday, they had dropped to $218.

Cadillac Sollei Convertible: A $300K Dream Car for the Eco-Conscious! 2024.07.25 Cadillac unveiled the luxury convertible concept Sollei. It is an electric convertible in the same class as the Celestiq.

Delta Air Lines Faces U.S. Investigation Over Mass Flight Cancellations 2024.07.24 U.S. authorities are investigating Delta Air Lines for handling thousands of flight cancellations due to technical malfunctions.

Trump’s Return Could Crush South Korean Steel Industry: Here’s Why 2024.07.23 The likelihood of Trump's election has increased. This has caused tension in the South Korea's steel industry.

Tesla's Humanoid Robot to Transform Industries by 2026 2024.07.23 Tesla CEO Elon Musk announced yesterday that the company plans to sell its humanoid robot, Optimus in 2026.

What Biden's Exit Means for Bitcoin: A $100K Dream? 2024.07.22 Bitcoin has recovered to the $69,000 mark after being shaken by President Joe Biden's withdrawal from the presidential race.

Tesla Cybertruck Outsells Ford F-150 Lightning in May 2024.07.20 Tesla's electric pickup Cybertruck secured fifth among all-electric vehicles in May, outselling the Ford F-150 Lightning, which ranked tenth.

U.S. vs. China: How Biden's New Rule Crashed the NASDAQ 2024.07.18 On Wednesday, the NASDAQ index plummeted 2.77%, the most significant drop recorded since December 2022.

SpaceX and X to Call Texas Home, Musk Blames California Law 2024.07.18 Following Tesla's lead, Elon Musk announced his plans to move the headquarters of his other companies, X and SpaceX, to Texas.

Cathie Wood Bets Big on Nuclear Future, Invests $2.4 Million in Oklo 2024.07.17 ARK Invest, by Cathie Wood, purchased 281,490 shares of Oklo through its exchange-traded fund (ARKQ), for approximately $2.4 million.

Elon Musk's Public Support for Trump Sends Tesla Shares Skyrocketing 2024.07.17 Tesla's shares surged over 6% after its CEO, Elon Musk, publicly expressed support for Trump following the shooting incident last Saturday.

Trump Shooting Caused 10% Surge in Chinese Tech Company 2024.07.16 An interesting phenomenon happened in the Chinese stock market after the assassination attempt on former U.S. President Donald Trump.

Trump Media Soars 50% After Rally Shooting Incident 2024.07.16 Shares of Trump Media opened up more than 50% at the start of trading on Monday, the first trading day following a shooting incident.

Bitcoin Surges Past $61,000 Due to 'Trump Effect' 2024.07.15 On the 14th, supporters of Trump, the Republican presidential candidate, continued their support parade with pickets in California.

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