GM Says Unfinished Cars to Hurt Quarterly Results

GM Says Unfinished Cars to Hurt Quarterly Results

General Motors Co. said it built about 95,000 vehicles without certain semiconductors and other parts and had to set the cars aside instead of shipping them to dealers, weighing on its second-quarter results. The company said the hit to wholesale vehicle deliveries would hurt second-quarter net profit, which it now expects to be between $1.6 … Read more

Elon Musk Takes Unusually Long Twitter Break

Elon Musk Takes Unusually Long Twitter Break

Elon Musk is on his longest stretch without posting on Twitter in nearly five years, a nine-day hiatus that comes in the midst of tumultuous efforts to complete his planned $44 billion deal to buy the platform. The billionaire chief executive of Tesla last posted on June 21, marking Thursday as the most extended silence … Read more

Where Is Elon Musk? – TheStreet

Where Is Elon Musk? - TheStreet

Where is Elon Musk? The CEO of Tesla has disappeared from social media since June 21, the date of his last tweets. This date also marks his last recorded presence of him on social networks. Normally two events could have caught his attention if we rely on his recent history on social media. Musk has … Read more

Elon Musk Has a Grudge Against this Auto Giant

Elon Musk Has a Grudge Against this Auto Giant

Elon Musk holds a grudge against those who doubt or ignore Tesla (TSLA) – Get Tesla Inc. Report. The billionaire isn’t often shy about taking advantage of every major step Tesla takes — record deliveries and production, bumper profits and margins — to take a victory lap and remind Tesla skeptics of their bets and … Read more

Spirit Airlines Sticks With Frontier Deal After Sweetened Offer

Spirit Airlines Sticks With Frontier Deal After Sweetened Offer

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Elon Musk’s Appeals for Lithium Are No Substitute for Better Price Signals

Elon Musk’s Appeals for Lithium Are No Substitute for Better Price Signals

If lithium is the new oil, it needs better answers to widely traded crude benchmarks like Brent and West Texas Intermediate. Oil-price increases have been modest compared with the rally in the metal that underpins electric-vehicle batteries. Despite a recent pause for breath, spot prices for seaborne supplies of the key lithium compounds, carbonate and … Read more