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Joe Biden's climate plan is great news for Tesla, Wall Street analyst says
The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Joe Biden's to subsidize electric vehicles and significantly accelerate the rollout of charging stations in the United States could be a boon for Tesla, according to one Wall Street analyst.Garrett Nelson of CFRA Research told Yahoo Finance on Friday that the former VP's plan could increase the market share of battery-powered cars to as much as 25% of new car sales by 2030, up from a paltry 2% currently."Tesla would be one of the biggest winners as an...…The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Joe Biden's to subsidize electric vehicles and significantly accelerate the rollout of charging stations in the United States could be a boon for Tesla, according to one Wall Street analyst.Garrett Nelson of CFRA Research told Yahoo Finance on Friday that the former VP's plan could increase the market share of battery-powered cars to as much as 25% of new car sales by 2030, up from a paltry 2% currently."Tesla would be one of the biggest winners as an...WW…
Goldman Sachs will pay nearly $3 billion to settle US charges over its 1MDB scandal and will reduce the pay of CEO David Solomon and top executives
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowSign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking — delivered daily to your inbox.Something is loading.Goldman Sachs on Thursday agreed to pay nearly $3 billion to settle a probe into its role in Malaysia's 1MDB corruption scandal, and its Malaysia unit pleaded guilty to violating foreign bribery laws, drawing a line under a saga that has...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowSign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking — delivered daily to your inbox.Something is loading.Goldman Sachs on Thursday agreed to pay nearly $3 billion to settle a probe into its role in Malaysia's 1MDB corruption scandal, and its Malaysia unit pleaded guilty to violating foreign bribery laws, drawing a line under a saga that has...WW…
As Trump attacks voting by mail, the Post Office says it has 'ample capacity' to handle a surge in ballots
The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.In the face of attacks from President Donald Trump, the US Postal Service is seeking to assure Americans that it will be able to handle a surge in voting by mail amid the coronavirus pandemic.The Post Office said in a statement Tuesday, the day after mail-in voting , that it has "ample capacity" to handle a surge in mailed ballots in the likely event that the US fails to contain its virus outbreak by November.—Hillary Clinton (@HillaryClinton) "The...…The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.In the face of attacks from President Donald Trump, the US Postal Service is seeking to assure Americans that it will be able to handle a surge in voting by mail amid the coronavirus pandemic.The Post Office said in a statement Tuesday, the day after mail-in voting , that it has "ample capacity" to handle a surge in mailed ballots in the likely event that the US fails to contain its virus outbreak by November.—Hillary Clinton (@HillaryClinton) "The...WW…
Uber and Lyft threaten to temporarily shut down in California over labor disputes
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.Uber and Lyft could temporarily shut down in California if a court ruling saying their workers must be classified as employees, not contractors, holds.Uber CEO Dara Khosrowshahi that "it's hard to believe we'll be able to switch our model to full-time employment quickly" after a that Uber, Lyft, and...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.Uber and Lyft could temporarily shut down in California if a court ruling saying their workers must be classified as employees, not contractors, holds.Uber CEO Dara Khosrowshahi that "it's hard to believe we'll be able to switch our model to full-time employment quickly" after a that Uber, Lyft, and...WW…
Businesses connected to Trump advisor Jared Kushner and his family received millions in paycheck protection loans
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowSign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox.Something is loading.Senior White House Advisor and husband to Ivanka Trump may have divested most of his corporate holdings, but the remaining family owners took full advantage of the Paycheck Protection Program's emergency coronavirus loans. show a handful of...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowSign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox.Something is loading.Senior White House Advisor and husband to Ivanka Trump may have divested most of his corporate holdings, but the remaining family owners took full advantage of the Paycheck Protection Program's emergency coronavirus loans. show a handful of...WW…
Car sales have plunged during the coronavirus, but not at Tesla — skyrocketing the company's status as the world's most valuable automaker
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.Automakers have released their second-quarter sales numbers from the depths of the coronavirus pandemic, and the results aren't pretty.The major Detroit automakers reported Q2 numbers this week that fell dramatically across the board. General Motors a 34% decline over the same period last year, while...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.Automakers have released their second-quarter sales numbers from the depths of the coronavirus pandemic, and the results aren't pretty.The major Detroit automakers reported Q2 numbers this week that fell dramatically across the board. General Motors a 34% decline over the same period last year, while...WW…
Virgin Galactic inks a deal with NASA to help train private astronauts
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.Shares of Virgin Galactic surged Monday after the company a deal with NASA to train astronauts for missions to the International Space Station.According to a press release, the agreement allows Virgin to develop a "new private orbital astronaut readiness program" to vet potential astronauts, train...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.Shares of Virgin Galactic surged Monday after the company a deal with NASA to train astronauts for missions to the International Space Station.According to a press release, the agreement allows Virgin to develop a "new private orbital astronaut readiness program" to vet potential astronauts, train...WW…
Twitter and Square are making Juneteenth a permanent company holiday
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.Twitter and Square will make Juneteenth a permanent company holiday for "celebration, education, and connection," the CEO of both companies, Jack Dorsey, announced Tuesday.Celebrated on June 19, the holiday . Specifically, it's a celebration of the day slaves in Texas learned of the Emancipation...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.Twitter and Square will make Juneteenth a permanent company holiday for "celebration, education, and connection," the CEO of both companies, Jack Dorsey, announced Tuesday.Celebrated on June 19, the holiday . Specifically, it's a celebration of the day slaves in Texas learned of the Emancipation...WW…
Tesla's charging network gives it a huge advantage over its rivals — but the company is still lacking in one crucial area
An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nownetwork of superchargers is now close to 12,000 — blowing other automaker’s electrical infrastructure out of the water. Morgan Stanley estimates that Tesla alone could account for up to 40% of the US’ total charging outlets. That gives the company a huge "competitive moat" over other automakers, the bank said in a note to clients Tuesday."Growth in the charging footprint, while strong, is far slower than the growth in Tesla’s car population, which we estimate increase by 83% last year,"...…An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nownetwork of superchargers is now close to 12,000 — blowing other automaker’s electrical infrastructure out of the water. Morgan Stanley estimates that Tesla alone could account for up to 40% of the US’ total charging outlets. That gives the company a huge "competitive moat" over other automakers, the bank said in a note to clients Tuesday."Growth in the charging footprint, while strong, is far slower than the growth in Tesla’s car population, which we estimate increase by 83% last year,"...WW…
People entering Canada could face a $750,000 fine if they don't quarantine for 14 days — even if they don't show coronavirus symptoms
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.Canada has so far avoided the United States' coronavirus fate, and is taking drastic measures to ensure it stays that way.The country that all travelers entering the country would be required to quarantine themselves for 14 days, even if they aren't showing symptoms of COVID-19.There are "few...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.Canada has so far avoided the United States' coronavirus fate, and is taking drastic measures to ensure it stays that way.The country that all travelers entering the country would be required to quarantine themselves for 14 days, even if they aren't showing symptoms of COVID-19.There are "few...WW…
