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Musk vows fast fix for new "money furnace" Tesla factories

Tesla CEO Elon Musk described the electric automaker's factories in Austin and Berlin as “money furnaces” that were losing billions of dollars because supply chain breakdowns were limiting the number ...

Musk says Tesla's new car factories 'losing billions of dollars'

Tesla Inc's (TSLA.O) new car factories in Texas and Berlin are "losing billions of dollars" as they struggle to increase production because of a shortage of batteries and China port issu...

Tesla CEO Elon Musk calls Berlin, Texas factories 'gigantic money furnaces'

Tesla CEO Elon Musk said the company's new factories in Texas and Germany are "gigantic money furnaces," according to an interview released on Wednesday What did Musk say? Musk told th...

Kellogg, Spirit Airlines rise; Acadia, ODP fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Tesla Inc., up $60.83 to $711.11. CEO Elon Musk reportedly confirmed that the ...

Elon Musk's $44 billion Twitter deal gets board endorsement

NEW YORK (AP) — Twitter's board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory fil...

Elon Musk's child seeks name change to sever ties with father

Elon Musk's transgender daughter has filed a request to change her name in accordance with her new gender identity and because "I no longer live with or wish to be related to my biological fa...

SpaceX reported to fire employees critical of CEO Elon Musk

HAWTHORNE, Calif. (AP) — SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted the colorful billionaire for his behavior, acco...

Business Highlights: Biden and recession fears, Revlon woes

___ AP Interview: Biden says a recession is ‘not inevitable’ WASHINGTON (AP) — President Joe Biden says the American people are “really, really down” after a tumult...

Musk aims to ease concerns in address to Twitter workers

In an unusual move for what’s been an unusual takeover bid for Twitter by the world’s richest man, Tesla CEO Elon Musk met virtually with the social platform’s employees Thursday, even though his $44 ...

Musk appeals ruling that upheld securities fraud settlement

DETROIT (AP) — Tesla CEO Elon Musk is appealing a federal court ruling that upheld a securities fraud settlement over Musk's tweets claiming that he had the funding to take Tesla private in 2018. ...

Newmont, Booking Holdings fall; FedEx, Oracle rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: FedEx Corp., up $28.97 to $229.95. The package delivery service raised its divi...

Musk to address Twitter employees for 1st time this week

Elon Musk will address Twitter employees Thursday for the first time since the billionaire and Tesla CEO offered $44 billion to buy the social media platform, the company said Tuesday. ...

Tesla proposes a 3-for-1 stock split; Ellison to leave Board

NEW YORK (AP) — Tesla proposed a three-for-one split of its stock on Friday, a move that will make a single share of the electric car maker more accessible to investors but not affect the company's ov...

Tesla cancels three June online hiring events for China

Tesla Inc (TSLA.O) has cancelled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, s...

Big Tech attacks become rallying cry for GOP candidates

RENO, Nev. (AP) — Shortly after launching his campaign last year for the Republican nomination in Nevada's U.S. Senate race, Sam Brown got into a scrape with Twitter. A Purple Heart ...