A SpaceX Falcon 9 rocket is launched carrying the company’s Crew Dragon spacecraft on the Demo-2 mission with NASA astronauts Robert Behnken and Douglas Hurley on board. NASA / Bill Ingalls Space Exploration Technologies, Elon Musk’s reusable rocket and satellite Internet company, is in talks to raise $ 500 million …
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An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | fake pictures During a second-quarter earnings call on Wednesday, Tesla CEO Elon Musk and CFO Zachary Kirkhorn told investors they reached a significant milestone: four consecutive quarters of GAAP profitability. The electric …
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Tesla’s electric car business was “the first wave of growth” and will give way to a greater focus on renewable energy, billionaire Chamath Palihapitiya said on Wednesday. Elon Musk’s company is “the leading coverage when it comes to electrification and decarbonization,” and is worth trillions of dollars once investors appreciate …
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The chairman of the Securities and Exchange Commission, Jay Clayton, said Thursday that he is concerned that individual investors are rolling out money for risky short-term trades and causing the price of certain stocks to skyrocket. Clayton’s comments came in response to a question from CNBC’s Andrew Ross Sorkin, who …
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Rivian EV SUV. Adam Jeffery | CNBC Tesla is suing electric vehicle startup Rivian, saying in a filing this week that its rival stole trade secrets and looted employees. “Rivian is knowingly encouraging the misappropriation of the trade secret, Tesla’s confidential and private information by the Tesla employees that Rivian …
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