ETF popularity hits record number
ETFs are seeing a record surge in popularity. The industry hit a milestone with more than 3,000 ETFs trading simultaneously for the first time ever this month — a 30%…
Convertible sales fall in U.S. amid popularity of EVs, SUVs
2024 Ford Mustang Source: Ford Convertibles — once a sign of open-air freedom, road trips and summer adventures — are fading away as the auto industry shifts to all-electric cars…
Elon Musk direct reports at Tesla
Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China. Bobby Yip | Reuters Elon Musk has run two ambitious…
Xpeng breaks out of a lower price range with its more expensive car G9
Xpeng has announced its most expensive car to date. Pictured here at a store in Shanghai, China, on July 2021 are two of Xpeng’s previously released models, a P7 Wing…
Bret Taylor’s first big tech move as Salesforce co-CEO
Bret Taylor, co-CEO of Salesforce, speaks at the Viva Technology Conference in Paris on June 15, 2022. Nathan Laine | Bloomberg | Getty Images Ten months after his promotion to…
Tesla Megapack battery caught fire at PG&E substation in California
A Tesla Megapack in Moss Landing, California Andrew Evers | CNBC At least one Tesla Megapack caught fire early Tuesday morning at the energy storage facility operated by utility PG&E…
Tesla weighs reset for China retail strategy even as sales boom
Tesla is reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms in flashy malls in cities like Beijing where traffic plunged during…
Chinese EV maker Xpeng launches rival to Tesla’s Full Self Driving system
Xpeng launched a feature that allows its cars to semi-autonomously navigate urban environments, marking its latest challenge to U.S. electric vehicle giant Tesla. The Chinese start-up announced Monday that it…
Tesla Nevada Gigafactory works to cut Mosquito Fire smoke exposure
Water tender crews monitor a backfire during the Mosquito fire in Foresthill, an unincorporated area of Placer County, California on September 13, 2022. Josh Edelson | AFP | Getty Images…
FedEx, Adobe, Boeing and more
FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in midday trading. FedEx –…