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Tesla


SINGAPORE—China’s government is restricting the use of Tesla Inc.’s TSLA -0.57% vehicles by personnel at military, state-owned enterprises in sensitive industries and key agencies, citing concerns that the American electric-vehicle maker’s cars could be a source of national security leaks, according to people familiar with the effort. The move follows a government security review of …

Lucid Motors is one of the hottest electric vehicle (EV) start-ups that is coming to the public markets this year, recently announcing that it will be merging with Churchill Capital IV (NYSE:CCIV), a special-purpose acquisition company (SPAC). Electric pickup truck and SUV maker Rivian is reportedly planning to go public in 2021, although it is …

Tesla CEO Elon Musk’s tweets are the subject of another lawsuit. A Tesla investor is suing the company board and Musk for continuing to send “erratic tweets” that violate a settlement with the U.S. Securities and Exchange Commission that requires oversight of his social media activities. The lawsuit, which was first reported by Bloomberg, claims …

Tesla posted its first full-year profit, powered by record vehicle deliveries in the face of a global pandemic and growing appetite for electric cars that is driving the company to pursue a sharp increase in output this year. The Silicon Valley car-maker Wednesday said it expects to grow production on average about 50% throughout the …

After a year of startling growth, the tech industry faces a more vexing 2021. The pandemic helped bring the world’s tech giants such as Amazon.com Inc. and Microsoft Corp. to new heights in 2020. The shift to online shopping and remote working accelerated at a pace that would have been inconceivable without the coronavirus. But …

Stocks declined Friday as President-elect Joe Biden unveiled a $1.9 trillion Covid-19 relief package, banks fell after kicking off earnings season and U.S. retail sales were worse than expected. The Dow Jones Industrial Average fell 359 points, or 1.16%, to 30,632, the S&P 500 declined 1.1% and the Nasdaq was down 1.06%. Stocks tumbled in …

Important note but not a very important one and you don’t have to read this: Elon Musk was not actually wearing a CleanTechnica shirt at the Model Y reveal event. Photo by Chanan Bos, CleanTechnica. It may feel like 2020 just grew a tumor, but we are indeed in a new year. That means it’s …

Here’s what we’re watching as markets open Monday for the first trading session of 2021. —U.S. stock futures rose on hopes that continued government stimulus and the rollout of coronavirus vaccines will bode well for equities. Futures tied to the S&P 500 rose 0.4% Monday, while contracts lined to the Dow Jones Industrial Average gained …

Dublin, Dec. 29, 2020 (GLOBE NEWSWIRE) — The “Autonomous Car and 5G Technologies” report has been added to ResearchAndMarkets.com’s offering. Though never managing to successfully predict what each forthcoming generation of mobile technology should deliver to satisfy future users, the industry has nonetheless reached some consensus on the use cases for 5G communications. Machine to …

By Liam Denning/Bloomberg Tim Cook must be gutted. What that chart doesn’t quite capture, of course, is that Apple Inc’s CEO apparently had the chance to buy Tesla Inc. sometime back when the electric-car maker was valued at only a tenth of what it is today. This news surfaced like an early Christmas present after …