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Musk Hypes Tesla Performance, Future to Shareholders

Musk Hypes Tesla Performance, Future to Shareholders

Tesla CEO Elon Musk walked into the EV maker’s annual meeting facing a slew of tough questions and, as usual, overwhelmed attendees with a slew of positives resulting in enough happy investors to see the stock jump above $220 a share to start the day. However, the...
Tesla Workers Less Keen on EV Maker than Last Year

Tesla Workers Less Keen on EV Maker than Last Year

Tesla Inc.’s employees aren’t enjoying their jobs as much as they once did citing concerns about potential layoffs, executive turnover and changing corporate strategy, according to two job websites that track these rankings. The Palo Alto, California-based EV maker...
FCA Scuttles Deal With Renault, Blames French Government

FCA Scuttles Deal With Renault, Blames French Government

The deal is off. Fiat Chrysler’s board of directors held a meeting this evening to put the final touches on a deal with Renault, including a press release announcing the two sides had reached an agreement for a merger that would create the third-largest automaker in...
GM Wants to be Part of Solution to Climate Change

GM Wants to be Part of Solution to Climate Change

General Motors does believe it has to be part of the solution to climate change, said Mary Barra, GM chairman and chief executive officer, during what was billed as the company’s first virtual annual meeting. Barra said that for some years now GM has heeded the...
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