The 10 ‘most American-made’ cars and SUVs may surprise you

The 10 'most American-made' cars and SUVs may surprise you

One Tesla model topped another to rank as the most “American-made” vehicle for 2022 in this long-running index that judges contenders based their US-based assembly line, major parts sourcing and other features. It’s Tesla’s TSLA, +9.35% Model Y earning the No. 1 ranking from Cars.com this year, the auto listing and news site announced Tuesday. … Read more

Elon Musk’s SpaceX fires at least five over critical letter

Elon Musk's SpaceX fires at least five over critical letter

SpaceX founder and CEO Elon Musk arrives to see off the Inspiration 4 crew, the first all-civilian crew to be sent into orbit, before they head to the SpaceX Falcon 9 rocket on Pad 39A at the Kennedy Space Center in Cape Canaveral, US, September 15, 2021. REUTERS/Joe Skipper/File Photo Register now for FREE unlimited … Read more

Ferrari says going electric means ‘even more unique’ cars

Ferrari says going electric means 'even more unique' cars

Plans to launch 15 new models between 2023-2026 Fully-electric cars to make up 40% of sales in 2030 Expects to invest 4.4 bln euros by 2026 Sees EBITDA of 2.5-2.7 bln euros by 2026 MARANELLO, Italy, June 16 (Reuters) – Electric and hybrid models should make up 80% of Ferrari’s (RACE.MI) sales by 2030, the … Read more

Tesla to seek investor approval for 3-for-1 stock split

Tesla to seek investor approval for 3-for-1 stock split

The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu Register now for FREE unlimited access to Reuters.com Register June 10 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. The company … Read more

Tesla attacks California agency for filing race bias lawsuit

Tesla attacks California agency for filing race bias lawsuit

June 7 (Reuters) – Tesla Inc (TSLA.O) on Tuesday accused a California civil rights agency of rushing to sue businesses without conducting proper investigations, an attempt to go on the offensive as the electric car maker faces claims of widespread race bias at an assembly plant. Tesla in a 10-page complaint told California’s Office of … Read more

Head of Deutsche Bank’s DWS steps down after ‘greenwashing’ raids

German officials raid Deutsche Bank's DWS over 'greenwashing' claims

The new logo of Deutsche Bank’s DWS Asset Management is pictured at their headquarters in Frankfurt, Germany, March 19, 2018. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register DWS investigated over alleged greenwashing Prosecutors raided DWS and Deutsche Bank on Tuesday DWS shares down 24% since August last year Whistleblower says more … Read more

German officials raid Deutsche Bank’s DWS over ‘greenwashing’ claims

German officials raid Deutsche Bank's DWS over 'greenwashing' claims

BERLIN, May 31 (Reuters) – German prosecutors raided asset manager DWS (DWSG.DE) and the headquarters of its majority owner Deutsche Bank (DBKGn.DE) on Tuesday over allegations of misleading investors about “green” investments, the prosecutors said. DWS and Deutsche Bank said the asset manager had cooperated with regulators and authorities in the past and would continue … Read more

Musk denies he sexually harassed flight attendant on private jet

Musk denies he sexually harassed flight attendant on private jet

Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan, January 13, 2015. REUTERS/Rebecca Cook//File Photo Register now for FREE unlimited access to Reuters.com Register OAKLAND, May 19 (Reuters) – Billionaire Elon Musk took to Twitter late on Thursday to denounce as “utterly untrue” claims in a news report … Read more

Elon Musk Goes On The Attack After Tesla Cut From S&P ESG Index

Elon Musk Goes On The Attack After Tesla Cut From S&P ESG Index

Elon Musk attends the 2022 Met Gala on May 2, 2022. Getty Images for The Met Museum/Vogue Tesla, the world’s leading maker of electric vehicles, has been cut from S&P’s ESG Index created for environmentally conscious investors owing to flaws in its business conduct and, ironically, aspects of the company’s low-carbon strategy. The move inflamed … Read more

Allianz to pay $6 billion in US fraud case, fund manager charged

Allianz to pay $6 billion in US fraud case, fund manager charged

NEW YORK/MUNICH, May 17 (Reuters) – Germany’s Allianz SE (ALVG.DE) agreed to pay more than $6 billion and its US asset management unit will plead guilty to criminal securities fraud over the collapse of its Structured Alpha funds early in the COVID-19 pandemic. Allianz’s settlements with the US Department of Justice and US Securities and … Read more