James Bullard, president of Federal Reserve Bank of St. Louis, at the Jackson Hole economic symposium, in Moran, Wyoming, U.S., on Thursday, Aug. 22, 2019. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on… Continue reading CNBC Daily Open: Markets drop on hot economy — and chance of 0.5% interest rate hikes
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Tesla recalls 362,758 vehicles, says Full Self-Driving Beta software may cause crashes
Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. FilmMagic | HBO | Getty Images Tesla is voluntarily recalling 362,758 vehicles equipped with the company’s experimental driver-assistance software, which is marketed as Full Self-Driving Beta or FSD Beta, in the US,… Continue reading Tesla recalls 362,758 vehicles, says Full Self-Driving Beta software may cause crashes
EVs like the Tesla Model 3 and Toyota hybrids dominate Consumer Reports’ top auto picks
A Toyota RAV4 Prime electric car is recharged October 3, 2022 at a charging station at the town hall in Charlotte, Vermont. Robert Nickelsberg | Getty Images After years of being touted as a smarter option for car buyers seeking better fuel efficiency and lower costs, hybrids and EVs are getting a big endorsement from… Continue reading EVs like the Tesla Model 3 and Toyota hybrids dominate Consumer Reports’ top auto picks
Renault CEO questions wisdom of electric vehicle price cuts
Renault CEO Luca de Meo on Thursday questioned the wisdom of price cuts rivals have been implementing in a bid to bolster market share for their electric vehicle fleets. “We’ve seen competitors moving prices up and down, etc., etc. this is their decision. But I don’t think it’s a very healthy practice in the long… Continue reading Renault CEO questions wisdom of electric vehicle price cuts
CNBC Daily Open: U.S. stocks don’t seem bothered by inflation, ignore jump in retail sales
People walk along 5th Avenue in Manhattan, one of the nation’s premier shopping streets on February 15, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they… Continue reading CNBC Daily Open: U.S. stocks don’t seem bothered by inflation, ignore jump in retail sales
CNBC Daily Open: U.S. stocks don’t seem concerned about inflation, disregard jumping retail sales
People walk along 5th Avenue in Manhattan, one of the nation’s premier shopping streets on February 15, 2023 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no… Continue reading CNBC Daily Open: U.S. stocks don’t seem concerned about inflation, disregard jumping retail sales
Ford F-150 Lightning EV production to be halted at least through end of next week
Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan. Bill Pugliano |… Continue reading Ford F-150 Lightning EV production to be halted at least through end of next week
Tesla commits to open 7,500 chargers in the U.S. to other electric vehicles by end of 2024
A Tesla, Inc. electric vehicle charges at supercharger location in Hawthorne, California, on August 9, 2022. Patrick T. Fallon | AFP | Getty Images The Biden administration wants to see at least 500,000 electric vehicle chargers on U.S. roads by 2030, and announced a slate of initiatives on Wednesday to help make that a reality,… Continue reading Tesla commits to open 7,500 chargers in the U.S. to other electric vehicles by end of 2024
Chinese EV startup Jidu plans to use ChatGPT-like tech
Visitors look at a Jidu Robo-01 electric SUV during the 20th Guangzhou International Automobile Exhibition at Canton Fair Complex on Dec. 30, 2022 in Guangzhou, China. Zou Wei | Visual China Group | Getty Images BEIJING — Baidu’s ChatGPT-like product is set to come to electric, assisted-driving cars, startup Jidu said Tuesday. Jidu, backed by… Continue reading Chinese EV startup Jidu plans to use ChatGPT-like tech
Ford’s latest EV blunder increases the odds we’ll drop the stock, if there’s no progress this quarter
Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan. Bill Pugliano |… Continue reading Ford’s latest EV blunder increases the odds we’ll drop the stock, if there’s no progress this quarter