Latest Tesla Inc News

EXPLAINER: What are the key climate themes at Davos?

May. 22, 2022 08:38 AM EDT

DAVOS, Switzerland (AP) — While the COVID-19 pandemic and Russia's war in Ukraine will be focuses of the World Economic Forum’s gathering of business and government leaders, so too will climate change. It's captured the world’s attention in unignorable and devastating ways. The...

Final-hour rally yanks Wall Street from maw of bear market

May. 20, 2022 21:57 PM EDT

NEW YORK (AP) — Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P 500 more than 20% below its peak set early this year. The S&P 500 index, which sits at the heart of most workers’ 401(k) accounts, was down as much...

Judge dismisses lawsuit against Musk, Tesla and Twitter fan

May. 20, 2022 16:52 PM EDT

SAN FRANCISCO (AP) — A federal judge in California has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, one of Musk's supporters and Tesla. In an order filed Thursday, Judge James Donato threw out the lawsuit by the investor,...

Mining companies back away from Brazil's Indigenous areas

May. 20, 2022 15:56 PM EDT

RIO DE JANEIRO (AP) — Some of the world’s biggest mining companies have withdrawn requests to research and extract minerals on Indigenous land in Brazil’s Amazon rainforest, and have repudiated Brazilian President Jair Bolsonaro’s efforts to legalize mining activity in the areas. ...

Elon Musk visits Brazil's Bolsonaro to discuss Amazon plans

May. 20, 2022 13:40 PM EDT

RIO DE JANEIRO (AP) — Tesla and SpaceX chief executive officer Elon Musk met with Brazil’s President Jair Bolsonaro on Friday to discuss connectivity and other projects in the Amazon rainforest. The meeting, held in a luxurious resort in Sao Paulo state, was organized by...

Musk denies sexual misconduct allegation by flight attendant

May. 20, 2022 12:21 PM EDT

NEW YORK (AP) — Tesla and SpaceX CEO Elon Musk has denied a claim of sexual misconduct by a flight attendant contracted by SpaceX who worked on his private jet in 2016. A report by Business Insider said SpaceX paid the woman $250,000 in severance in 2018 in exchange for her...

GOP directs culture war fury toward green investing trend

May. 19, 2022 15:56 PM EDT

SALT LAKE CITY (AP) — Republicans are coming out swinging against Wall Street's growing efforts to consider factors like long-term environmental risk in investment decisions, the latest indication that the GOP is willing to damage its relationship with big business to score culture war points. ...

EXPLAINER: ESG investing and the debate surrounding it

May. 19, 2022 14:35 PM EDT

NEW YORK (AP) — Here's the latest sign ESG investing is now mainstream after starting as a niche corner of Wall Street: It's become the target of Republican politicians and billionaire Elon Musk amid the nation's cultural schism. To use an ESG approach is to consider a company's...

New Twitter policy aims to pierce fog of war misinformation

May. 19, 2022 12:44 PM EDT

SAN FRANCISCO (AP) — Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that spread potentially dangerous false stories. The change is part of a broader effort to promote accurate information during times of conflict or crisis. Starting...

Musk wars with Twitter over his buyout deal - on Twitter

May. 17, 2022 19:14 PM EDT

Tesla CEO Elon Musk promised that taking over Twitter would enable him to rid the social media platform of its annoying “spam bots." Now he's arguing — without presenting any evidence — that there might be just too many of those automated accounts for the $44 billion deal to move ahead. ...