Tesla Board Backs Elon Musk, Denies CEO Replacement Plans Amid Investor Concerns
Tesla board chair Robyn Denholm has strongly denied a report from the Wall Street Journal that claimed the company was quietly looking for a new CEO to replace Elon Musk. The report said Tesla’s board contacted search firms a month ago to explore leadership changes, citing sources familiar with the matter. Denholm took to social […]
Stock Market Update: Dow Jones Drops Amid Trump Tariff Fears; Nvidia Slips as Buffett-Backed Stock Eyes Buy Zone
Market Decline as Tariff Concerns Grow The stock market reversed its three-day winning streak on Wednesday as reports emerged that former President Donald Trump is set to impose new tariffs on the auto industry. Investors reacted to the potential economic impact, leading to a market pullback. The fear of stricter export controls also weighed on […]
Elon Musk criticizes Apple during Tesla earnings call
By Administrator_ India Capital Sands Billionaire Elon Musk, on July 26, criticized technology giant Apple in remarks made during a conference call about Tesla’s second-quarter results. Musk denied that Tesla uses a large amount of cobalt in the production of lithium-ion cells, which are used in electric vehicles. Apple, Tesla, and major technology companies were […]