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April 15, 2021

Tesla Inc

Ford CEO takes shot at Tesla for using customers to test unfinished tech

CNBC
CNBC – For more and to sign up click here Ford says its Active Drive Assist system will allow for hands-free driving on more than 100,000 miles of divided highways in the U.S. and Canada. Ford Ford Motor followed Tesla in many ways when it came to the Mustang Mach-E,......

Tech billionaires are obsessed with climate change — but some question if they’re focusing on the right areas

CNBC
CNBC – For more and to sign up click here Combination: Jeff Bezos (L), Elon Musk (C) and Bill Gates (R). Reuters Climate change appears to be high on the agenda for tech billionaires like Elon Musk, Jeff Bezos and Bill Gates but some are questioning whether they’re focusing their......

Stock futures are flat ahead of earnings season kickoff

CNBC
CNBC – For more and to sign up click here U.S. stock futures were flat in overnight trading on Tuesday ahead of the first batch of corporate earnings. Dow futures fell just 10 points. S&P 500 futures gained 0.03% and Nasdaq 100 futures dipped 0.02%. On Tuesday, the S&P 500......

Bitcoin has allowed a different kind of investor to build wealth, says crypto strategist

CNBC
CNBC – For more and to sign up click here Longtime crypto bull Meltem Demirors said Tuesday that bitcoin‘s ascent has built wealth for a different kind of investor. The comments on CNBC’s “Squawk Box” came one day before a major milestone for the crypto world is scheduled to take......

China’s Huawei blames global chip shortage on U.S. sanctions

CNBC
CNBC – For more and to sign up click here The U.S. flag and a smartphone with the Huawei and 5G network logo are seen on a PC motherboard in this illustration taken January 29, 2020. Dado Ruvic | Reuters Huawei said Monday that U.S. sanctions on the company are......

Stocks making the biggest moves in the premarket: Uber, Nuance, Alibaba & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Uber (UBER) – Uber announced record gross bookings for March, with its ride-hailing business improving 9% month-over-month for its best showing in a year. The company said in a......

Wall Street’s top analysts back these stocks as the second quarter kicks off

CNBC
CNBC – For more and to sign up click here Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images The second quarter of 2021 is underway,......

Inside Redwood Materials, former Tesla CTO’s effort to recycle batteries for rare components

CNBC
CNBC – For more and to sign up click here Lithium-ion batteries are everywhere — in phones, laptops, tablets, cameras and increasingly cars. Demand for lithium-ion batteries has risen sharply in the past five years and is expected to grow from a $44.2 billion market in 2020 to a $94.4......

Chip shortage causes more disruptions in auto production, but trader has a hedge play

CNBC
CNBC – For more and to sign up click here General Motors announced a halt in production at several North American plants and Ford announced additional downtime at two plants, the latest disruptions to the auto supply chain because of a chip shortage. Shares for GM were down 1% on......

The U.S. is facing a lithium-ion battery shortage as electric vehicle production ramps up

CNBC
CNBC – For more and to sign up click here As automakers continue to grapple with a semiconductor shortage, some experts say the next supply chain crisis for the U.S. could involve lithium-ion batteries. As companies like GM, Ford and a slew of start-ups ramp up their electric vehicle ambitions,......

Op-ed: Tech boost is temporary, and more pain is ahead

CNBC
CNBC – For more and to sign up click here Investors should be able to take advantage of bullish momentum in tech stocks for at least the next couple of months. In my last post on the subject on Feb. 4, the takeaway was “tech’s reign of relative dominance has......

Tesla refunds customers for duplicate charges after outcry

CNBC
CNBC – For more and to sign up click here This photo of a production version of Tesla’s Model Y was included in the company’s Q4 2019 earnings report. Tesla Tesla has refunded customers it charged twice for new vehicle purchases made at the end of the first quarter, CNBC......

California billionaire’s real estate firm to begin allowing tenants to pay rent in bitcoin

CNBC Real Estate
Billionaire Rick Caruso’s eponymous real estate company is jumping into the world of cryptocurrency, announcing Wednesday it will begin accepting bitcoin as rent payment at its residential and retail properties. The privately held firm said it also has invested a portion of its corporate treasury in bitcoin and entered into......

Warren Buffett-backed automaker sells more electric cars in March than Nio and Xpeng delivered

CNBC
CNBC – For more and to sign up click here Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese automaker BYD sold more than twice as many battery-powered electric cars......

Southwest calls back pilots to prepare for busier summer schedule: CNBC After Hours

CNBC
CNBC – For more and to sign up click here CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, Phil LeBeau breaks down how airlines are calling pilots to work as they prepare for a busier summer schedule now that so many Americans are vaccinated.......

Stocks making the biggest moves in the premarket: Illumina, Cara Therapeutics, Snap & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Illumina (ILMN) – Illumina issued preliminary current-quarter and full-year guidance that exceeded current analyst estimates. The life sciences company said its projected results are being driven by record......

This analyst says Tesla’s stock is worth $150 — which would be a 78% discount

CNBC
CNBC – For more and to sign up click here A Tesla logo is pictured during the Brussels Motor Show on January 9, 2020 in Brussels . Kenzo Tribouillard | AFP | Getty Images Tesla’s stock is overvalued and worth only $150, according to Craig Irwin, senior research analyst at......

Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high

CNBC
CNBC – For more and to sign up click here In 2021, bitcoin and ether have seen huge rallies. In April 2021, the cryptocurrency market topped $2 trillion in value for the first time. Jaap Arriens | NurPhoto | Getty Images GUANGZHOU, China — The value of the cryptocurrency market......

Fintech start-up Stripe enters the Middle East with UAE launch

CNBC
CNBC – For more and to sign up click here One of Silicon Valley’s most valuable private fintech companies has chosen Dubai for its first expansion into the Middle East and North Africa. Online payments company Stripe is expanding into the Middle East, just weeks after its latest funding round,......

Tim Cook drops some hints on Apple’s car plans, shares what he thinks of Elon Musk and Tesla

CNBC
CNBC – For more and to sign up click here Tim Cook announces iPhone 11. Source: Apple Apple CEO Tim Cook hinted at the company’s work in autonomous vehicles, following recent reports that the company is in renewed talks to develop its own car. “The autonomy itself is a core......

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