Elon Musk issued a warning on Thursday against Democrats’ billionaire tax proposal that levies unrealized capital gains, saying that eventually the government will run out of ultra-wealthy individuals, following which, they will target the majority middle class. “US national debt is ~$28,900 billion or ~$229k per taxpayer. Even taxing all ‘billionaires’ at 100% would only…
Elon Musk Argues Proposed Billionaire Tax Will Eventually Target Average Americans
Volkswagen CEO: We Will Keep Up With Tesla but Not Without Cuts
FRANKFURT—Volkswagen Chief Executive Herbert Diess on Thursday said he was confident that Europe’s largest carmaker could keep up with Tesla, but added this would require further cost cuts, including headcount reductions at its Wolfsburg site. Tesla is planning to open its plant in Gruenheide near Berlin, its first gigafactory in Europe, this year although no…
Why Is Elon Musk so Sweet on China?
Commentary Elon Musk, a man I have discussed elsewhere, is a likable soul. Although he’s now worth more than Bill Gates and Warren Buffet combined, he seems like the kind of guy you could grab a beer with. He’s an everyman, just like you and me, but ten million times richer. An outspoken critic of…
Uber Partners With Hertz to Offer 50,000 Tesla Rentals to US Ride-Hail Drivers
October 27, 2021
admin
Business & EconomyCanadaCompaniesdriversEconomieseconomyEuropeHertzMarketsrentalsteslaUberUSUS NewsWorld
0 Comment
Uber Technologies Inc. on Wednesday said it is launching a new partnership with rental car company Hertz to offer 50,000 Tesla Inc. vehicles as a rental option to its ride-hail drivers by 2023. Uber drivers can rent a Tesla through Hertz starting on Nov. 1 in Los Angeles, San Francisco, San Diego, and Washington DC,…
Tesla’s Market Value Tops $1 Trillion After Hertz Orders 100,000 Cars
DETROIT—Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation’s increasing commitment to EV technology. The news of the deal triggered a rally in Tesla’s stock, driving the carmaker’s market value over the $1 trillion mark…
Tesla Supplier Panasonic Showcases EV Battery for Tesla: What You Need to Know
Tesla supplier Panasonic Corp. showcased its 4680 cylindrical battery that Elon Musk has called the lowest-cost way to power an electric car, the Wall Street Journal reports. What Happened The lithium-ion battery, which gets its name from being 46 millimeters in diameter and 80 millimeters high, is more significant than previous battery cells Panasonic has…
Tesla’s Stock Blasts Through $1,000: Is It Moon Bound or in Need of a Pit Stop?
News Analysis Tesla Inc. was trading more than 13 percent higher on Monday, crossing above $1,000 a share and surpassing a $1 trillion market value. Earlier in the day, Morgan Stanley raised its price target on the electric vehicle marker to $1,200. The fuel for the move came Oct. 21 following a bullish reaction to…
NTD Business Full Broadcast (Oct. 25)
Democrats move forward with a plan to tax wealthy Americans on profits they’re yet to see. What’s a tax on unrealized capital gains? Tesla shares jump Monday, as it receives its biggest order ever from a single buyer—its market cap, crossing $1 trillion for the first time. Mastercard is expanding its bitcoin features. The company…
Tesla, PayPal Lift S&P 500 and Nasdaq Ahead of Big Tech Earnings
October 25, 2021
admin
Business & EconomyCompaniesearningsEconomieseconomyInvestmentLocal NewsMarketsMedia & Big TechNASDAQNew YorkNY NewsPayPalRegional-Local NewsTechteslaUSUS News
0 Comment
U.S. stock indexes edged higher in choppy trade on Monday, led by gains in Tesla and PayPal shares, while investors geared up for earnings reports from heavyweight technology companies this week that could provide direction to the markets. Tesla Inc. rose 4.5 percent to a record high after car rental firm Hertz placed an order…
Tesla Drives Toward $1 Trillion Club on Record Hertz Order
October 25, 2021
admin
Business & EconomyClubCompanieseconomyHertzLocal NewsMarketsRECORDRegional-Local NewsSouthern CaliforniateslatrillionUSUS News
0 Comment
Tesla Inc. on Monday neared $1 trillion in market capitalization as the company founded by Elon Musk received its biggest-ever order—100,000 electric rental cars for Hertz. Tesla shares were up 7.5 percent at $978, hitting a new record high Monday, following the order. Shares were also buoyed by news of the company’s Model 3 becoming…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta