Alphabet shares close above $200 for first time since stock split

Alphabet shares close above 0 for first time since stock split

Sundar Pichai, CEO of Alphabet Inc. Kyle Grillot | Bloomberg | Getty Images Alphabet shares closed at $200 per share for the first time on Friday as investors grow increasingly bullish on the company’s opportunities in artificial intelligence. The stock gained 1.1% on Friday and a little more than 2% for the week to close … Read more

Tesla starts sales of revamped Model Y in U.S. for about $60,000

Tesla starts sales of revamped Model Y in U.S. for about ,000

Tesla will start deliveries of a revamped version of its Model Y SUV in the U.S. in March, according to new listings on the company’s website. The Model Y Juniper has a price tag of $59,990, not including a federal tax credit of $7,500 for new electric vehicle purchases. It features a redesigned fascia, front … Read more

Trump says he’s open to TikTok sale to Elon Musk or Larry Ellison

Trump says he’s open to TikTok sale to Elon Musk or Larry Ellison

The TikTok short form video hosting service logo is seen on a mobile device in this illustration photo taken in Warsaw, Poland on 17 July, 2024. Jaap Arriens | Nurphoto | Getty Images President Donald Trump said on Tuesday that he’d consider the possibility of Tesla CEO Elon Musk or Oracle Chairman Larry Ellison purchasing … Read more

Oracle shares surge on involvement in US AI infrastructure initiative

Oracle shares surge on involvement in US AI infrastructure initiative

Oracle co-founder Larry Ellison, center, watches Andy Murray of Great Britain against Alexander Zverev of Germany during their third round match on Day 9 of the BNP Paribas Open at the Indian Wells Tennis Garden on October 12, 2021 in Indian Wells, California. Clive Brunskill | Getty Images Sport | Getty Images Oracle shares jumped … Read more

Tesla lost $15 billion in brand value in 2024, Brand Finance found

Tesla lost  billion in brand value in 2024, Brand Finance found

New Tesla cars are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California.  Justin Sullivan | Getty Images The value of Tesla’s brand fell by 26% in 2024, a second straight annual decline, with factors including an aging lineup of vehicles, and CEO Elon Musk’s “antagonism,” according to research and consulting … Read more

Why 2025 is set to be a crucial year for Amazon’s Zoox robotaxi unit

Why 2025 is set to be a crucial year for Amazon’s Zoox robotaxi unit

A Zoox robotaxi sits outside the company’s large office and warehouse in Las Vegas. Michael Wayland / CNBC LAS VEGAS — This year is expected to be a crucial one for Amazon’s autonomous vehicle unit Zoox, as the company plans to grow its operations and commercialize its robotaxi business. Zoox is aiming to begin offering … Read more

EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024

EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024

New Tesla cars are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California.  Justin Sullivan | Getty Images DETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. for the first time last year — marking a landmark year for “green” … Read more

Tesla is offering Cybertruck discounts as EV market gets crowded

Tesla is offering Cybertruck discounts as EV market gets crowded

A soldier walks next to a Tesla Cybertruck, which was donated to the National Guard, after powerful winds fueling devastating wildfires in the Los Angeles area forced people to evacuate, in the Pacific Palisades neighborhood on the west side of Los Angeles, California, U.S. Jan. 13, 2025.  Daniel Cole | Reuters Tesla started offering discounts … Read more

China’s electric car boom is expected to slow down in 2025

China’s electric car boom is expected to slow down in 2025

New electric vehicles destined for Belgium at a port in Taicang city in eastern China’s Jiangsu province on Jan. 11, 2025. Future Publishing | Future Publishing | Getty Images BEIJING — China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive. Sales … Read more