Jeff Bezos has shot down Elon Musk’s claim that the Amazon.com Inc. founder told “everyone” Donald Trump would lose the US election and they should sell off their SpaceX and Tesla Inc. stock. “Nope. 100% not true,” Bezos said in a rare post Thursday on X, the social media platform Musk owns. Musk then appeared…
While Tesla Inc. is grabbing the headlines, Xpeng Inc. has been the hottest electric vehicle stock over the past few months as investors rapidly warm to its product strategy. The company’s Hong Kong-listed shares have surged 93% from an August low, far outpacing gains in peers from Tesla to fellow Chinese EV maker Nio Inc….
Xi Jinping used his final meeting with Joe Biden to send a clear message to Donald Trump: China wants to be friends, but is ready for a fight if necessary. With Biden set to leave the White House in January, China’s leader took Saturday’s meeting as a chance to spell out his approach toward Trump….
AST SpaceMobile Inc., which aims to challenge Elon Musk’s SpaceX in the nascent market for space-based cellular service to mobile phones, has signed contracts with Jeff Bezos-founded Blue Origin and at least one other unnamed provider to launch dozens of its satellites into orbit. The Midland, Texas-based company will use Blue Origin’s forthcoming New Glenn…
Worries around overheating stocks took over the narrative on Tuesday, underscoring the sense of froth in risky parts of the market that had surged after President-elect Donald Trump’s decisive election victory. A number of trades that took flight since last week faltered before key US inflation data to be released Wednesday. Small-cap stocks — which…
On the afternoon of Election Day, Elon Musk stopped by his polling place in South Texas, then headed to one of his private planes, bound for what he hoped would be a victory party for Donald Trump at the Mar-a-Lago Club in Palm Beach, Florida. On the way, Musk held an impromptu political rally. He…
A breakneck rally in Tesla Inc. shares on Friday catapulted the electric-vehicle maker’s market value back over the coveted trillion-dollar mark, as investors bet that Donald Trump’s return to the White House can be a positive force for Elon Musk’s company. Shares of the company closed up 8.2% at $321.22 Friday, taking their gains this…
President-elect Donald Trump doesn’t take office for more than two months but he’s already shaping US policy in two major hot spots: Israel and Ukraine. With phone calls to the leaders of both nations, and another expected with Russian President Vladimir Putin, Trump’s victory — and the possibility he will seek major policy changes —…
Elon Musk joined a call between President-elect Donald Trump and Ukrainian President Volodymyr Zelenskiy, highlighting the billionaire entrepreneur’s influence within the incoming US administration. Musk was in the room when the call took place, according to the person familiar with the discussion. Trump put the phone on speaker to allow Musk to participate, the person,…
China wants a deal with US President-elect Donald Trump but doesn’t expect the path to an agreement will be easy, according to an adviser to the Foreign Ministry in Beijing. “For the Chinese side a deal is desirable,” said Wu Xinbo, director at Fudan University’s Center for American Studies in Shanghai, who led a group…