Magnificent seven stocks take a pounding as investors rotate into cheaper companies
Nvidia alone lost over $200bn in market value on Wednesday
Nvidia alone lost over $200bn in market value on Wednesday
Hertz scales back 100,000 Tesla order after resale values plummet much faster than expected
The EV maker is on the rise once again even amid lacklustre results
However, overall new electric car sales have decreased by 25 per cent for the first six months of this year
A recent study suggests American chief executives are getting worse
It’s not in keeping with Vanguard’s brand to approve the biggest compensation deal in corporate history
Shareholders voted in favour of huge pay deal over concerns Musk ‘would become less engaged’ if it were rejected
Helping to separate electric vehicle myths from facts, we’re here to answer all your EV questions
Figures follow Elon Musk’s triumph over record $56bn Tesla package
The active fund giant has only 2% per cent of client money invested in companies with business related to fossil fuels, well below market average
The margins of victory surprised even those inside the company and bolsters Musk’s efforts to reassert control
Shareholders also back shifting corporate base to Texas
Proxy shareholder advisers have recommended voting against the CEO payment which was nullified by a US court earlier this year
Shareholders backed deal in 2018 when company was worth $50bn but judge struck it down in January
Shareholders approving Musk’s pay deal seem like turkeys voting for Christmas
Musk’s compensation has been hotly contested
Cold War was a ‘cakewalk’ compared to the complexities of the current situation, says expert
Japanese carmakers unveil latest technology for hybrid vehicles
How does electric carmaker Telsa have a lower ESG score than US oil major Exxon, a company that spent decades trying suppress information about climate change?
Analyst says Tesla boss trying to limit retaliatory action for US companies in China, with carmakers ‘petrified’ of being shut out of Chinese market
EU anti-subsidy investigation is unlikely to extinguish the threat of a cheap BYD car that includes rotating touch screen and wireless phone charging
Some 16% of drivers said they’ve been stranded with a flattened battery, but almost all say they’ll buy another EV next
From 2026, the crash-testing experts will strip safety points from cars that overly rely on touchscreens
Oracle of Omaha says he doesn’t know where the major car companies will be in five or 10 years
Car maker must provide more information on crashes by July
Retail giant reaffirms its focus on reinvestment and on using capital to generate ‘meaningful returns’
Company’s $565bn valuation implies investors are already paying for the robotics and AI business ‘Musk wants everyone to start believing Tesla will become’
Billionaire CEO is thinning senior management, laying off hundreds more employees
Tesla shares rose despite an earnings miss, while Meta’s stock plunged after a beat
Move comes after Elon Musk unexpectedly met China’s premier on Sunday
Electric vehicle manufacturer is looking to kickstart stalling demand in market with ever-growing competition
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