At last week’s World Economic Forum in Davos, Switzerland, President Donald Trump mixed compelling pro-growth talking points with his signature streak of aggressive protectionism. It’s safe to say that these two ideas are officially on a collision course.
Jamie Dimon said that he and Elon Musk settled their differences. This seemingly concluded their row, sparked by a legal fight between JPMorgan and Tesla.
"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
JPMorgan CEO Jamie Dimon said he and Elon Musk “hugged it out” and put aside nearly a decade of tense interactions thanks to a conversation the pair had at a conference last year.
"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland. "He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences."
Many Big Tech executives are in attendance at President Donald Trump's inauguration ceremony on Monday, namely one of the incoming president's biggest supporters: Tesla (TSLA) CEO Elon Musk. How are other world leaders viewing a tycoon such as Musk's closeness to the Trump administration,
In 2024, Tesla (TSLA) ’s electric vehicle deliveries fell for the first time in the company’s 21-year history. But according to CEO Elon Musk, that’s no cause for concern because Tesla’s future is all about A.I. and other non-automobile businesses. And investors seem to buy the argument—for now.
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s record $14.1 billion profit, though its full-year revenue rose $97.7 billion, a 1% improvement from 2023’s record.
It’s hard to fault a CEO who grows a company beyond $1 trillion in value. Elon Musk managed the feat by upending the automotive market with Tesla’s electric vehicles and extended its lead with broader battery power.
Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.
Lithium demand will continue to grow from technology stretching far beyond electric vehicles, says PLS boss Dale Henderson.