News Clip8:40
Bloomberg

Detroit's Electric Reckoning

Higher Ed
The United Auto Workers' strike against GM, Ford, and Chrysler-parent company Stellantis came at a pivotal moment. As President Joe Biden pushes the US towards its climate goals through the Inflation Reduction Act, the electric vehicle...
News Clip1:30
Bloomberg

SEC Investigates Musk Over Purchases of Twitter Stock

Higher Ed
The SEC sued Elon Musk in federal court in San Francisco to force the billionaire businessman to testify in the agency's probe into his purchase of Twitter in 2022.  Tom Giles has more on "Bloomberg Markets: The Close." Follow Bloomberg...
News Clip1:14
Bloomberg

Tesla Ships Fewer Cars in Third Quarter

Higher Ed
Tesla shipped 435,059 cars globally in the third quarter, as factory downtime led to its first delivery decline in more than a year. The results, posted Monday, missed expectations. Bloomberg's Abigail Doolittle reports. Like this...
News Clip1:46
Bloomberg

Ark's Cathie Wood Sees UAW Strikes as Good for Tesla

Higher Ed
ARK Investment Management CEO Cathie Wood explains why the United Auto Worker strike against the Big Three automakers will benefit Tesla on "Bloomberg Surveillance."
News Clip2:40
Bloomberg

UAW Members Continue Strike Against GM, Ford, Stellantis

Higher Ed
Auto workers in the US continue to strike against General Motors Co., Ford Motor Co. and Stellantis NV as their union pushes for dramatic reset of the wage scales and working conditions. Keith Naughton reports on Bloomberg Television.
News Clip2:28
Bloomberg

Tesla Executive in Purchasing Probe Draws US Scrutiny

Higher Ed
Bloomberg has learned that US prosecutors are looking into whether Tesla Inc.'s plan to purchase hard-to-get construction materials was an appropriate use of company funds. Su Keenan reports on Bloomberg Television.
News Clip5:31
Bloomberg

Automobility CEO on China's EV Sector

Higher Ed
Bill Russo, founder and chief executive officer at Automobility Limited, discusses his outlook for China's electric vehicle sector. He speaks with Bloomberg's Shery Ahn and Paul Allen on "Bloomberg Daybreak: Asia."
News Clip6:58
Bloomberg

Tesla Reignites EV Price War With New China Price Cuts

Higher Ed
Tesla cut prices again in China, sending auto stocks tumbling on concerns the move will rekindle an international price war that had shown signs of abating. The Westly Group Managing Partner and former Tesla board member Steve Westly...
News Clip2:18
Bloomberg

Tesla Cuts China Prices Again as Competition Intensifies

Higher Ed
Tesla Inc. has rolled out a fresh round of price cuts in China. Craig Trudell reports on Bloomberg Television.
News Clip3:54
Bloomberg

Top Calls: Union Strike Looms for Automakers

Higher Ed
David Whiston, Morningstar Research US Autos Equity Analyst joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close. Follow Bloomberg for business news &...
News Clip4:37
Bloomberg

The S&P 500 Seems Really Expensive, But Is It?

Higher Ed
Are US stocks expensive, or does it only seem that way because a few companies are pulling up the S&P 500's valuation? Bloomberg Opinion's Nir Kaissar gives us the breakdown on how stocks are expensive even without the so-called...
News Clip2:44
Bloomberg

Rivian Raises Production Targets as Earnings Beat

Higher Ed
Rivian Automotive Inc. nudged up its production guidance for the year and narrowed its loss expectation as the maker of plug-in vehicles works to reestablish itself as a rising player in the increasingly crowded EV market. Bloomberg's Ed...
News Clip0:54
Bloomberg

Tesla CFO Kirkhorn Quits After 13 Years

Higher Ed
Tesla Inc. said Chief Financial Officer Zachary Kirkhorn stepped down after 13 years at the company, a surprise shakeup at the electric-vehicle maker. Bloomberg's Ed Ludlow reports. Like this video? Subscribe to Bloomberg Technology on...
News Clip3:30
Bloomberg

Indonesian Minister to Meet Elon Musk on EV Investments

Higher Ed
An Indonesian government minister is reportedly due to meet Elon Musk in California on Thursday as the country looks to secure heavyweight EV investors. Faris Mokhtar reports on Bloomberg Television.
News Clip3:16
Bloomberg

Tesla Wants $100M for Texas-to-California Truck Chargers

Higher Ed
Bloomberg's Dana Hull discusses why Tesla is seeking nearly $100 million from the US to build nine electric semi-truck charging stations along a route from the southern border of Texas to northern California. She speaks with Ed Ludlow on...
News Clip1:02
Bloomberg

Tesla Offers 84-Month Loans as Interest Rates Rise

Higher Ed
Tesla Inc. has began offering seven-year auto loans to consumers amid rising interest rates. Su Keenan reports on Bloomberg Television.
News Clip6:29
Bloomberg

What Moves the Markets The Most Next Week?

Higher Ed
What Moves the Markets The Most Next Week? That was Frida's question of the day posed to Steve Sosnick, Interactive Brokers Chief Strategist, by Kailey Leinz and Guy Johnson on "Bloomberg Markets: Americas."
News Clip5:14
Bloomberg

Musk Warns of More Blows to Tesla's Profitability

Higher Ed
Tesla's CEO warned warned of more hits to the carmaker's already-shrinking profitability, and that it will have to keep lowering the prices of its EVs if interest rates continue to rise. Defiance ETFs CIO Sylvia Jablonski joins Caroline...
News Clip3:54
Bloomberg

Rivian Rally Continues: Stock Up 48% in a Week

Higher Ed
Rivian's rally continues, the stock gained 48% last week after the electric vehicle maker reported better than expected earnings. Bloomberg's Ed Ludlow reports.
News Clip1:55
Bloomberg

Katie's Market Movers: Top Moving Stocks This Morning 7/03

Higher Ed
Bloomberg's Katie Greifeld reports the top moving stocks this morning: Tesla, Lucid and Rivian.
News Clip1:15
Bloomberg

Asia Stocks Gain as Risk-on Rally Extends

Higher Ed
The rally in global equities continued Monday in Asia on positive momentum from Wall Street and signs of moderating US inflation. Equities in Shanghai rose more than 1% while Hong Kong-listed technology companies jumped around 3%. Tania...
News Clip14:06
Bloomberg

First Look With Surveillance: Tesla Record, Apple Cuts

Higher Ed
Dani Burger and Kriti Gupta take you through what to watch today.
News Clip1:55
Bloomberg

Tesla Sets a New Delivery Record After Price Cuts

Higher Ed
Tesla Inc. delivered a record number of cars globally in the second quarter. This suggests the electric-vehicle maker's plan to chase volume by cutting prices is working. Paul Allen reports on Bloomberg Television.
News Clip1:56
Bloomberg

Lisa's Market Movers: Top Moving Stocks This Morning 6/26

Higher Ed
Bloomberg's Lisa Abramowicz reports the top moving stocks this morning: PacWest Bancorp, Tesla and Alphabet.