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Magna Invests $790 Million in Tennessee, Expanding U.S. Manufacturing

Canadian auto parts maker Magna International Inc (MG.TO) said on Thursday it would invest $790 million to build three new supplier facilities, two of...

Lack of Data on EV Batteries Complicates Insurance Claims

A lack of data on electric vehicle (EV) batteries continues to challenge insurers forced to scrap EVs after mild accidents, potentially undermining the growth...

Where Are Strategic Materials Germanium and Gallium Produced?

Germanium and gallium are essential ingredients in silicon chips that drive technologies such as 5G, radio frequency, radar signals, and plastics. According to US...

Goldman Sachs May Exit Partnership With Apple

Four years after partnering with Apple on the launch of its credit card, Goldman Sachs may be looking to exit its high-profile deal. The...

Tesla CEO Elon Musk Eyes Significant India Investments

According to the company's chief executive, India's Prime Minister Narendra Modi was pushing Tesla to make a "significant investment" in the country. Musk said...

Billionaire Elon Musk Set to Meet France’s President for Second Time In Just Over A Month

Billionaire Elon Musk is set to meet French President Emmanuel Macron in Paris on Friday for the second time in just over a month...

Tesla Short Sellers Down $6.08 Billion in Stocks

Investors who bet against Tesla Inc (TSLA.O) for a while saw it as an excellent opportunity to make substantial mark-to-market profits. Last year, they...

How Elon Musk Reclaimed Title of Worlds Richest Person Again

Elon Musk on Wednesday became the world's richest person again, just a few months after he lost the position to luxury goods tycoon Bernard...

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