• Read the e-mail Elon Musk sent Tesla workers on cutting delivery costs0

    Tesla’s Model Y compact crossover vehicles at a showroom in Shanghai, China, on January 18, 2021. VCG | Visual China Group | Getty Images Amid ongoing port constraints and rising shipping costs, Tesla CEO Elon Musk urged employees Friday, in a company-wide email obtained by CNBC, to look for ways to reduce the cost of

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  • These 3 Chinese EV Stocks Look Set to Grow on Bigger Sales0

    Buying growth stocks when profits are just a rumor can feel like tempting fate. But some companies reward investors’ faith. And highflying stocks can grow into their eye-popping valuations, giving investors another chance to buy into the trend. That looks to be the case with a trio of electric-vehicle makers: China’s NIO (ticker: NIO), XPeng

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  • Baidu Gets Approval for Commercial Robotaxis in Beijing. The Stock Rose.0

    Text size The Baidu Apollo car is displayed during the annual Baidu World Technology Conference in Beijing on Nov. 1, 2018. Fred Dufour/AFP via Getty Images Chinese tech titan Baidu (ticker: BIDU) received approval Thursday to operate commercial driverless robotaxi services in a specified zone in Beijing, sending the stock higher in Hong Kong trading.

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  • Baidu kicks off robotaxi business, after Beijing city’s fare approval0

    A safety staff member gets in a self-driving robotaxi on October 13, 2020, in Beijing, China, a few days after Baidu launched trial operations of its Apollo Robotaxi. Zhao Jing | Visual China Group | Getty Images BEIJING — Baidu can start collecting robotaxi fares in a part of Beijing from Thursday, the Chinese tech

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  • 5 big issues from regulation and EVs to semiconductors0

    A technologist inspects a computer chip. Sefa Ozel | E+ | Getty Images GUANGZHOU, China — China’s technology sector has taken a wild ride over the past year, with regulations tightened, billions of dollars wiped off companies’ market value, and a continuing push from Beijing for technological self-sufficiency. Those are among the important themes that

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  • Tesla’s Musk Is Selling Stock Again. Here’s When It Might End.0

    Text size Tesla CEO Elon Musk. Patrick T. Fallon/Bloomberg Tesla CEO Elon Musk is back selling stock. All the new sales, disclosed Tuesday, took place the same day. All of Tuesday’s sales are part of a prearranged plan to exercise expiring management stock options. And even though the options-related activity isn’t unexpected, investors still want

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