- Spark Newswire

2 minute read

Tesla Said To Be Planning 2-Week Halt At Giga Shanghai In July

Today, 4:22 AM

Tesla Inc (NASDAQ: TSLA) plans to halt most of its production at Giga Shanghai in the first two weeks of July to upgrade the site, Reuters reported on Wednesday, citing an internal memo.

TSLA

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Tech

Rivian R1 EVs Will Be Powered By Giant Turbine For 1st Charge

By Rachit Vats

Today, 4:22 AM

Rivian Automotive Inc (NASDAQ: RIVN) said on Wednesday it plans to install a large-scale wind turbine at its Normal, Illinois, manufacturing campus that will power its R1 vehicles for their first charge.

AMZN

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Elon Musk Says 2 Tesla Giga Factories Are Losing Billions With ‘Hardly Any Output’

By Rachit Vats

Today, 4:22 AM

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said two of its recently opened manufacturing plants in Austin and Berlin are losing “billions of dollars” with “tonnes of expenses and hardly any output.”

TSLA

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Cathie Wood Adds $329,000 More Of This Self-Driving Trucking Firm

By Rachit Vats

Today, 4:22 AM

Cathie Wood-led Ark Investment Management on Wednesday scooped up more shares in self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP), its second straight buy in the San Diego, California-based startup in over two months.

ARKK

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Cathie Wood Nears Complete Exit From Disney And This Exercise Bike Maker

By Rachit Vats

Today, 4:22 AM

Cathie Wood led Ark Investment Management on Wednesday neared a complete exit from Walt Disney Co (NYSE: DIS) and Peloton Interactive Inc (NASDAQ: PTON) as it sold more of its remaining sh

DIS

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Elon Musk Reacts To Prediction Of Volkswagen Overtaking Tesla By 2024

By Rachit Vats

Today, 4:22 AM

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday dismissed a recent Bloomberg Intelligence forecast that estimates Germany’s Volkswagen Group (OTC:

1 minute read

Cathie Wood Sheds Nearly All Walt Disney Exposure With $7M Sale

By Rachit Vats

Today, 4:22 AM

Cathie Wood-led Ark Invest Management on Tuesday shed most of its exposure in Walt Disney Co (NYSE: DIS) amid reports of a likely shareholder battle over CEO Bob Chapek's salary.

ARKW

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Cathie Wood Loads Up $1M More Of This Self-Driving Trucking Firm As Shares Drop 80% YTD

By Rachit Vats

Today, 4:22 AM

Cathie Wood-led Ark Investment Management on Tuesday further raised its exposure to self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP), its first buy in the San Diego, California-based start

ARKK

1 minute read

Elon Musk Addresses Whether Twitter Deal Would Get Tesla In Trouble In China

By Rachit Vats

Today, 4:22 AM

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday he believes there will not be any issues related to running his electric vehicle business in China in case the $44 billion Twitter Inc (NYSE:

TSLA

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Video: Tesla Supplier Reveals More About 9,000-Ton Cybertruck-Making Machine

By Rachit Vats

Today, 4:22 AM

A key Tesla Inc (NASDAQ: TSLA) supplier whose new 9,000-ton Giga Press will build the hotly anticipated Cybertruck has released yet another video of the mega-machine and its facility.

TSLA