Other news we’re following: Merz says he found Trump open to dialogue and committed to NATO: German Chancellor Friedrich Merz said Friday, a day after meeting with Trump at the White House, that he encountered a US administration open to discussion and returned confident that Washington remains committed to NATO. Judge puts temporary hold on Trump’s latest
Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. getty The Biden years saw the sharpest increase in U.S. investment in clean energy and clean transportation in the country’s history, creating the potential for sizable future progress toward reducing climate-warming emissions and
Some senior Tesla executives were alarmed last year when Elon Musk denied a Reuters report that the company had killed a planned all-new $25,000 EV that investors had expected to drive explosive vehicle sales growth, according to people familiar with the matter. “Reuters is lying,” Musk had posted on X, minutes after the story published
Benzinga | Detroit Free Press JPMorgan’s stock traders see record revenue in Q1 JPMorgan Chase’s stock traders took in a record haul in the first quarter as the biggest US bank boosted equities markets revenue 48% to $3.81 billion. Sonali Basak reports on Bloomberg Television. Bloomberg Magnificent 7 tech giants saw gains in May, too,
Tesla is reeling from a huge slump in sales amid a political backlash against founder Elon Musk – Frederic J Brown/Getty Images Tesla’s finance chief was paid a record $139m (£104m) last year despite collapsing sales at the electric carmaker. Vaibhav Taneja, who has worked at Tesla since 2017 and took over as chief financial
Tesla (NASDAQ:TSLA) just rewrote the rules of the gameagain. In a recent SEC filing, the company announced it will now block shareholders who own less than 3% of its stock from filing derivative lawsuits against its executives or board. That threshold? About 97 million shares, or roughly $34 billion at Friday’s close. This follows Tesla’s
Nichola Groom | Reuters April 29 — Manufacturers and developers of U.S. energy storage projects said their industry will invest $100 billion this decade to create a wholly domestic battery supply chain, but warned the goal was contingent on support from Washington. The American Clean Power Association, a trade group that represents energy storage companies, said
Benzinga | Detroit Free Press Trump suggests China tariffs will ‘come down substantially’ President Donald Trump suggested the China tariffs will “come down substantially.” Reports suggested China is considering suspending its 125% tariff on select U.S. imports, following indications that Washington may cut tariffs on Chinese goods. The S&P 500 has now recouped nearly 80%
Akash Sriram and Abhirup Roy | Reuters Musk to shift focus from DOGE to Tesla after profits plunge Elon Musk told investors he will refocus on Tesla and begin scaling back his involvement with the Department of Government Efficiency (DOGE) in May. unbranded – Newsworthy Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his
Trevor Jennewine | The Motley Fool Musk to shift focus from DOGE to Tesla after profits plunge Elon Musk told investors he will refocus on Tesla and begin scaling back his involvement with the Department of Government Efficiency (DOGE) in May. unbranded – Newsworthy Tesla (NASDAQ: TSLA) stock has declined 41% year to date, making