DETROIT (AP) — While sales of electric vehicles surge in China, adoption of more environmentally friendly vehicles is stumbling in the United States and Europe as carmakers and governments struggle to meet years-old promises about affordability and charging stations.

2. Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused - Friday, November 22, 2024

ATLANTA (AP) — President Joe Biden's administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup electric vehicle maker struggled to become profitable.

3. Elon Musk's budget crusade could cause a constitutional clash in Trump's second term - Friday, November 22, 2024

WASHINGTON (AP) — When Elon Musk first suggested a new effort to cut the size of government, Donald Trump didn't seem to take it seriously. His eventual name for the idea sounded like a joke too. It would be called the Department of Government Efficiency, or DOGE, a reference to an online meme featuring a surprised-looking dog from Japan.

4. Bull doge! Dogecoin soars as Trump announces a government efficiency group nicknamed DOGE - Friday, November 8, 2024

NEW YORK (AP) — Wow, much bull market.

Dogecoin, the cryptocurrency whose mascot is a super-cute dog that muses things like "much wow," has been surging in value since Donald Trump won the presidential election last week. It's hitting the afterburners now, after Trump named Tesla's Elon Musk as one of the heads of a new "Department of Government Efficiency," which is not a government agency but does have the acronym DOGE.

5. Trump pledges a smooth transition of power - Friday, November 8, 2024

WASHINGTON (AP) — Donald Trump made a victor's return to Washington on Wednesday, visiting the White House for an Oval Office meeting with Democratic President Joe Biden and committing to a smooth transition of power as the Republican president-elect moves quickly to build out his new administration.

6. Waymo's robotaxis now open to anyone who wants a driverless ride in Los Angeles - Friday, November 8, 2024

Waymo on Tuesday opened its robotaxi service to anyone who wants a ride around Los Angeles, marking another milestone in the evolution of self-driving car technology since the company began as a secret project at Google 15 years ago.

7. Elon Musk's PAC spent an estimated $200 million to help elect Trump, AP source says - Friday, November 8, 2024

WASHINGTON (AP) — Elon Musk's super PAC spent around $200 million to help elect Donald Trump, according to a person familiar with the group's spending, funding an effort that set a new standard for how billionaires can influence elections.

8. Biden funded new factories and infrastructure projects, Trump might get to cut the ribbons - Friday, November 8, 2024

WASHINGTON (AP) — All that's left is for President-elect Donald Trump to put his name on it — if he wants.

Trump won the White House in large part because of voters' frustration with high prices and a sense that the United States needs major changes. But when he enters office in January, Trump will inherit an economy primed for growth.

9. In new term, Trump set to go after measures that are doing the most to fight climate change - Friday, November 8, 2024

WASHINGTON (AP) — The election of Donald Trump as president for a second time and the Republican takeback of the U.S. Senate could undo many of the national climate policies that are most reducing planet-warming greenhouse gas emissions, according to climate solutions experts.

10. Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell - Friday, November 8, 2024

TOKYO (AP) — Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs.

Chief Executive Makoto Uchida said he was taking a 50% pay cut to take responsibility for the dismal results, while promising that a turnaround was coming.

11. Tesla shares soar 13% as Trump win sets stage for Musk's electric vehicle company - Friday, November 1, 2024

NEW YORK (AP) — Shares of Tesla soared Wednesday following an election that will send Donald Trump back to the White House, an outcome that had been strongly backed by CEO Elon Musk in the closing months of the race.

12. Trump wins the White House in a political comeback rooted in appeals to frustrated voters - Friday, November 1, 2024

WASHINGTON (AP) — Donald Trump was elected the 47th president of the United States on Wednesday, an extraordinary comeback for a former president who refused to accept defeat four years ago, sparked a violent insurrection at the U.S. Capitol, was convicted of felony charges and survived two assassination attempts.

13. Musk lawyer tells Philadelphia judge the $1 million sweepstakes winners are not chosen by chance - Friday, November 1, 2024

PHILADELPHIA (AP) — A lawyer for Elon Musk 's political action committee told a judge in Philadelphia on Monday that the so-called winners of his $1 million-a-day voter sweepstakes in swing states haven't won by chance but instead were selected to be paid "spokespeople" for the group.

14. Harris team warns CEOs that Trump is a threat to economy, while Trump says tariffs can drive growth - Friday, November 1, 2024

WASHINGTON (AP) — Kamala Harris ' campaign is actively warning business leaders that Donald Trump has a pattern of disregard for democracy and the rule of law that would threaten U.S. economic growth — a closing argument designed to show the possible consequences for companies and workers if he returns to the White House.

15. Musk tests the role of money in U.S. politics with multimillion-dollar effort to back Trump - Friday, November 1, 2024

WASHINGTON (AP) — Next week's presidential election isn't just a referendum on Donald Trump and Kamala Harris. It's also a measure of the influence the world's richest man wields over American democracy.

16. Microsoft, Meta and the burden of expectations knock Wall Street sharply lower - Friday, November 1, 2024

NEW YORK (AP) — The downside of high expectations thumped Wall Street on Thursday, and Microsoft and Meta Platforms dragged U.S. stock indexes lower despite delivering strong profits for the summer.

17. Musk's $1M-a-day voter sweepstakes for Trump goes before a Philadelphia judge - Friday, November 1, 2024

PHILADELPHIA (AP) — A Philadelphia judge began a hearing Thursday in the city prosecutor's bid to shut down Elon Musk's $1 million-a-day sweepstakes in battleground states. The giveaways come from Musk's political organization, which aims to boost Donald Trump's presidential campaign.

18. What to know about Europe's tariffs on Chinese electric vehicles - Friday, October 25, 2024

FRANKFURT, Germany (AP) — The European Union has finalized its sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing's burgeoning exports of green technology to the 27-nation bloc.

19. The EU will impose duties on electric vehicle imports from China by Thursday - Friday, October 25, 2024

BRUSSELS (AP) — The European Union is set to impose duties on imports of electric vehicles from China by Thursday after talks between Brussels and Beijing failed to find an amicable solution to their trade dispute.

20. Wall Street climbs ahead of a big week for Big Tech as oil drops 6% - Friday, October 25, 2024

NEW YORK (AP) — U.S. stocks closed broadly higher Monday as gains by some Big Tech companies helped offset a skid in oil-and-gas stocks after the price of crude had its biggest drop in more than a year.

21. Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegally - Friday, October 25, 2024

NEW YORK (AP) — President Joe Biden slammed Elon Musk for hypocrisy on immigration after a published report that the Tesla CEO once worked illegally in the United States. The South Africa-born Musk denies the allegation.

22. Trump's Madison Square Garden event features crude, racist insults - Friday, October 25, 2024

NEW YORK (AP) — Donald Trump hosted a rally featuring crude and racist insults at New York's Madison Square Garden, turning what his campaign had dubbed as the event where he would deliver his closing message into an illustration of what turns off his critics.

23. Here's a look at Musk's contact with Putin and why it matters - Friday, October 25, 2024

WASHINGTON (AP) — Elon Musk, the billionaire owner of major government contractor SpaceX and key ally of Republican presidential nominee Donald Trump, has been in regular contact with Russian President Vladimir Putin for the last two years, The Wall Street Journal reported.

24. Wall Street finishes mixed after Tesla soars and IBM slumps - Friday, October 25, 2024

NEW YORK (AP) — Wall Street drifted to a mixed finish Thursday after Tesla surged to one of the best days in its history, while IBM slumped to its worst in six months.

The S&P 500 rose 0.2% to break its first three-day losing streak since early September. It bounced between losses and gains through the day, and it was roughly evenly split between stocks rising and falling.

25. Tesla posts surprise $2.17 billion third-quarter profit, up 17.3% from a year ago - Friday, October 25, 2024

DETROIT (AP) — Tesla's third-quarter net income rose 17.3% compared with a year ago on stronger electric vehicle sales, and an optimistic CEO Elon Musk predicted 20% to 30% sales growth next year.

The strong performance changed the trajectory of the year for the Austin, Texas-based company, which had seen sales and profits decline in the first two quarters.

26. 'Blade Runner 2049' producers sue Elon Musk and Tesla over AI image at robotaxi event - Friday, October 18, 2024

LOS ANGELES (AP) — A film production company that helped make "Blade Runner 2049" has sued Tesla and its CEO Elon Musk for using an AI-generated image resembling a scene from the science fiction movie to market Tesla's new robotaxis.

27. Wall Street pulls back from its records ahead of a big week for profit reports - Friday, October 18, 2024

NEW YORK (AP) — U.S. stocks edged back from their all-time highs Monday as some of the steam came out of Wall Street's long, record-breaking rally.

The S&P 500 slipped 0.2%, coming off a sixth straight winning week, its longest such streak of the year. The Dow Jones Industrial Average dropped 344 points, or 0.8%, from its own record that was likewise set on Friday, while the Nasdaq composite rose 0.3%.

28. US to probe Tesla's 'Full Self-Driving' system after pedestrian killed in low visibility conditions - Friday, October 18, 2024

DETROIT (AP) — The U.S. government's road safety agency is again investigating Tesla's "Full Self-Driving" system, this time after getting reports of crashes in low-visibility conditions, including one that killed a pedestrian.

29. Musk commits $70 million to boost Donald Trump - Friday, October 18, 2024

WASHINGTON (AP) — Elon Musk, a tech mogul who is the world's richest person, plunged more than $70 million into helping Donald Trump and other Republicans win in November's election, making him one of the biggest donors to GOP causes this campaign season, according to campaign finance disclosures released this week.

30. Elon Musk commits $70 million to boost Donald Trump - Friday, October 11, 2024

WASHINGTON (AP) — Elon Musk, a tech mogul who is the world's richest person, plunged more than $70 million into helping Donald Trump and other Republicans win in November's election, making him one of the biggest donors to GOP causes this campaign season, according to campaign finance disclosures released this week.

31. The better EV: Ford F-150 or Tesla Cybertruck? - Friday, October 18, 2024

The Ford F-150 Lightning and Tesla Cybertruck are two intriguing options for someone thinking about buying an electric pickup truck. They also couldn’t be more different.

The Lightning looks and drives much like a traditional gas-powered F-150. The Cybertruck, in contrast, looks like nothing else and ignores convention with its stainless-steel body and square steering wheel. Yet both trucks are capable of towing a trailer, hauling a bunch of gear or taking the family out to dinner.

32. Unions face a moment of truth in Michigan in this year's presidential race - Friday, October 11, 2024

GRAND RAPIDS, Mich. (AP) — Vice President Kamala Harris rallies in Michigan's union halls, standing alongside the state's most powerful labor leader, while former President Donald Trump fires back from rural steel factories, urging middle-class workers to trust him as the true champion of their interests.

33. Wall Street rises to close its latest record-setting week as banks jump - Friday, October 11, 2024

NEW YORK (AP) — U.S. stocks rose to records Friday as big banks rallied following a run of reassuring profit reports.

The S&P 500 climbed 0.6% to top its all-time high set earlier in the week and close out its fifth straight winning week, while the Dow Jones Industrial Average jumped 409 points, or 1%, to set its own record. The Nasdaq composite lagged the market with a gain of 0.3% after a slide for Tesla kept it in check.

34. Musk unveils Tesla's 'Cybercab,' plans to bring autonomous driving tech to other models in 2025 - Friday, October 11, 2024

LOS ANGELES (AP) — Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, though fans of the electric vehicle maker will have to wait until at least 2026 before they are available.

35. Tesla is unveiling its long-awaited robotaxi amid doubts about the technology it runs on - Friday, October 11, 2024

DETROIT (AP) — Expectations are high for the long-awaited unveiling of Tesla's robotaxi at a Hollywood studio Thursday night. Too high for some analysts and investors.

The company, which began selling software it calls "Full Self-Driving" nine years ago that still can't drive itself, is expected to show off the so-called "Cybercab" vehicle, which may not have a steering wheel and pedals.

36. A driver's test for autonomous vehicles? A leading expert says US should have one - Friday, October 4, 2024

ANN ARBOR, Mich. (AP) — At a time of growing concern about the safety of self-driving vehicles, a leading expert is calling on the federal government to develop a national driver's test that such vehicles would have to pass before they could travel on public roads.

37. Elon Musk to join Trump at rally at the site of first assassination attempt - Friday, October 4, 2024

Elon Musk will join Donald Trump at his rally Saturday in Butler, the Pennsylvania city where the Republican presidential nominee survived an assassination attempt earlier this year.

"I will be there to support!" Musk wrote on his social platform X on Thursday in a retweet of Trump's own promotion of the rally. The SpaceX and Tesla CEO will be among special guests in attendance, Trump's campaign confirmed Friday.

38. EU countries vote to impose duties on China EVs ahead of an end-of-October deadline - Friday, October 4, 2024

BRUSSELS (AP) — European Union countries on Friday voted to impose duties on imports of electric vehicles from China, as talks continued between Brussels and Beijing to find an amicable solution to their trade dispute before an end-of-October deadline.

39. Tesla issues 5th recall for the new Cybertruck within a year, the latest due to rearview camera - Friday, October 4, 2024

Tesla is recalling more than 27,000 Cybertrucks because the rearview camera image may not activate immediately after shifting into reverse, the fifth recall for the vehicle since it went on sale late last year.

40. Wall Street edges higher as financial markets steady themselves - Friday, September 27, 2024

NEW YORK (AP) — U.S. stocks edged higher in a quiet Wednesday, and Treasury yields rose following an encouraging update on the job market's strength.

The S&P 500 finished virtually unchanged, a day after sliding from its record on worries about a possible widening of the fighting in the Middle East. The Dow Jones Industrial Average edged up by 39 points, or 0.1%, and the Nasdaq composite added 0.1%.

41. All-electric SUVs: Honda Prologue versus Toyota bZ4X - Friday, October 4, 2024

While Honda has a long reputation for building fuel-efficient cars and trucks, it’s only now getting serious about EVs with its new 2024 Prologue. The Prologue is an all-electric SUV that seats five and is about the same length as a Honda Passport.

42. Tesla posts first quarterly increase in deliveries, but shares slump with investors hoping for more - Friday, September 27, 2024

Low interest financing, sweet lease deals, price cuts and free charging boosted Tesla's global deliveries in the third quarter, the first increase this year for the electric vehicle maker.

The Austin, Texas, company said Wednesday that it delivered 462,890 vehicles from July through September, bolstered by loans as low as 1.99%, and $299 monthly leases on the Model 3, its least expensive vehicle. It delivered 435,059 vehicles during the same period last year.

43. How automakers are making recalls easier - Friday, September 27, 2024

Vehicle recalls are an important part of automotive safety. But they can also be quite a hassle for owners.

Taking your vehicle to the dealership for an unexpected repair or fix is just one more thing you have to plan for. Pleasingly, things are changing. With many of the newest vehicles, some recalls can be taken care of simply by turning your car on.

44. GM offering adapters to help electric vehicle owners access Tesla chargers - Friday, September 13, 2024

General Motors is now offering adapters to help its electric vehicle owners access Tesla chargers.

The Detroit automaker said Wednesday that it is opening up access to more than 17,800 Tesla Superchargers for its customers, with the use of a GM approved NACS DC adapter. Customers in the United States will be able to buy the adapter for $225 through GM vehicle brand mobile apps.

45. Five game-changing vehicles worth the wait - Friday, September 20, 2024

If you’re thinking about buying a new car but don’t need one right away, now is a great time to show a little patience. Generally, waiting until winter can create an opportunity to purchase an all-new or significantly updated vehicle.

46. Elon Musk has often inflamed politically tense moments, raising worries for the US election - Friday, September 13, 2024

NEW YORK (AP) — Hours after an apparent attempt on Donald Trump's life over the weekend, Elon Musk took to his social platform X to post a thinking emoji and a comment that "no one is even trying to assassinate" the Democratic president and vice president.

47. It took 50,000 gallons of water to put out Tesla Semi fire in California, US agency says - Friday, September 13, 2024

WASHINGTON (AP) — California firefighters had to douse a flaming battery in a Tesla Semi with about 50,000 gallons (190,000 liters) of water to extinguish flames after a crash, the National Transportation Safety Board said Thursday.

48. Most of Wall Street slips as S&P 500 stays on track for worst week since April - Friday, September 6, 2024

NEW YORK (AP) — Most U.S. stocks fell following a mixed round of data on the economy, keeping them on track for their worst week since April.

The S&P 500 slipped 0.3% Thursday for a third straight drop, and the Dow Jones Industrial Average fell 0.5%.

49. Trump says he'll boost the economy by cutting federal spending and corporate taxes - Friday, September 6, 2024

NEW YORK (AP) — Former President Donald Trump told a group of executives and industry leaders on Thursday he wants to lead a "national economic renaissance" by slashing regulations to boost energy production, embracing cryptocurrencies and drastically cutting government spending as well as corporate taxes for companies that produce in the U.S.

50. Trump says he'd create a government efficiency commission led by Elon Musk - Friday, September 6, 2024

PHOENIX (AP) — Former President Donald Trump said Thursday he would create a government efficiency commission to audit the entire federal government, an idea suggested by billionaire Elon Musk, who would lead it.

51. Hyundai unveils 2025 electric SUVs aiming for broader appeal with improved range, charging options - Friday, August 30, 2024

SAVANNAH, Ga. (AP) — Despite slowing U.S. electric vehicle sales, Hyundai on Tuesday rolled out the 2025 versions of its Ioniq 5 electric SUV with improved battery range and charging aimed at broadening the appeal of vehicles to be built at a massive new Georgia factory.

52. AI may not steal many jobs after all. It may just make workers more efficient - Friday, August 30, 2024

WASHINGTON (AP) — Imagine a customer-service center that speaks your language, no matter what it is.

Alorica, a company in Irvine, California, that runs customer-service centers around the world, has introduced an artificial intelligence translation tool that lets its representatives talk with customers who speak 200 different languages and 75 dialects.

53. Questions about the safety of Tesla's 'Full Self-Driving' system are growing - Friday, August 23, 2024

DETROIT (AP) — Three times in the past four months, William Stein, a technology analyst at Truist Securities, has taken Elon Musk up on his invitation to try the latest versions of Tesla's vaunted "Full Self-Driving" system.

54. Here’s what to buy as used EV prices decline - Friday, August 30, 2024

Now is a great time to purchase a used electric vehicle, as the average price for a used EV has dropped about 20% compared to this time last year, Edmunds transaction data reveals.

To top it off, you can qualify for a federal tax credit of up to $4,000 if you purchase an EV for $25,000 or less.

55. China accuses Canada of protectionism over 100% tariffs on electric vehicles - Friday, August 23, 2024

BEIJING (AP) — China on Tuesday accused Canada of protectionism after Prime Minister Justin Trudeau's government imposed a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. duties on Chinese-made EVs.

56. Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the US - Friday, August 23, 2024

TORONTO (AP) — Canada's government on Monday announced it is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches U.S. tariffs and follows similar plans announced by the European Commission.

57. Ford to shift electric vehicle strategy by building new lower-cost pickups, commercial van - Friday, August 16, 2024

DETROIT (AP) — Facing competition from automakers with lower costs, Ford Motor Co. is shifting its electric vehicle strategy and now will focus on making two new electric pickup trucks and a new commercial van. The company says all will cost less, have longer range and be profitable before taxes within a year of reaching showrooms.

58. China opens investigation into EU dairy exports as trade tensions flare - Friday, August 16, 2024

BEIJING (AP) — European milk and cheese producers have become the latest target in a simmering trade war with China.

The Chinese Commerce Ministry said Wednesday that it would launch an investigation into subsidies given by the European Union and EU member countries for dairy products that could lead to tariffs on their export to China.

59. Harris to meet with Teamsters, but union president isn't invited to speak at Democratic convention - Friday, August 16, 2024

DETROIT (AP) — Members of the Teamsters will host Vice President Kamala Harris for a roundtable discussion in the near future, but union President Sean O'Brien has yet to get an invitation to speak at next week's Democratic National Convention.

60. Beyond 'childless cat ladies,' JD Vance has long been on a quest to encourage more births - Friday, August 16, 2024

MIAMI (AP) — Five summers ago, Donald Trump's running mate JD Vance — then a 34-year-old memoirist and father of a 2-year-old boy — took the stage at a conservative conference and tackled an issue that would become a core part of his political brand: the United States' declining fertility rate.

61. Social media influencers descend on the White House, where Biden calls them the new 'source of news' - Friday, August 16, 2024

WASHINGTON (AP) — Social media influencers got the royal treatment at the White House on Wednesday as President Joe Biden gave a nod to their ability to hold sway with millions of loyal followers.

The White House played host to a group of more than 100 influencers, also known as content creators, across a range of media platforms — from chefs and makeup artists to fitness gurus and medical students — to talk about issues including mental health, pay equity and the abuse of artificial intelligence.

62. Auto workers union seeks NLRB investigation of Trump and Musk comments about firing striking workers - Friday, August 9, 2024

DETROIT (AP) — The United Auto Workers union has filed unfair labor practice charges against Republican presidential nominee Donald Trump and Tesla CEO Elon Musk after the two discussed on social media about Musk supposedly firing striking workers.

63. How X owner Elon Musk uses his 'free speech' platform to amplify his views worldwide - Friday, August 9, 2024

As X's owner and most followed user, Elon Musk has increasingly used the social media platform as a microphone to amplify his political views and, lately, those of right-wing figures he's aligned with. There are few modern parallels to his antics, but then again there are few modern parallels to Elon Musk himself.

64. Trump and Musk talk about assassination attempt and deportations during glitchy chat on X - Friday, August 9, 2024

NEW YORK (AP) — Donald Trump recounted his assassination attempt in vivid detail and promised the largest deportation in U.S. history during a high-profile return to the social media platform formerly known as Twitter — a conversation that was plagued by technical glitches.

65. Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed - Friday, August 9, 2024

HANOI, Vietnam (AP) — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. Vishal Gondal was one of the first to sign up, paying a $1,000 deposit for a car that never arrived.

66. China auto sales fall in July, while exports jump about 20% as automakers expand across the globe - Friday, August 9, 2024

BANGKOK (AP) — Auto sales in China faltered in July, falling 5% from a year earlier, the China Association of Automobile Manufacturers said Friday, although exports jumped about 20% as makers of electric vehicles expanded into global markets.

67. US auto safety agency seeks information from Tesla on fatal Cybertruck crash and fire in Texas - Friday, August 2, 2024

DETROIT (AP) — Federal safety authorities say they are seeking information on a crash and fire involving a Tesla Cybertruck that killed a driver of the futuristic new pickup.

The National Highway Traffic Safety Administration said Wednesday it is gathering information from Tesla. The agency did not send crash investigators, nor has it opened a formal investigation into the crash. It did not say if it is investigating the cause of the fire or whether the driver was using a partially automated driving system.

68. Tesla is recalling more than 1.6 million cars in China for a remote software fix - Friday, August 2, 2024

BEIJING (AP) — Tesla is recalling 1.68 million cars in China for a remote software upgrade to ensure that they warn the driver when the trunk is not locked shut, China's market regulator said.

The announcement late Tuesday also said that vehicles with faulty trunk latches will be repaired free of charge. The recalls affect some imported Model S and Model X vehicles and domestically made Model 3 and Model Y cars manufactured between Oct. 15, 2020 and July 17, 2024.

69. Calm returns to Wall Street, and stocks bounce back after their worst drop in nearly 2 years - Friday, August 2, 2024

NEW YORK (AP) — A rising tide swept stocks higher, and calm returned to Wall Street after Japan's market soared earlier Tuesday to claw back much of the losses from its worst day since 1987.

The S&P 500 climbed 1% to break a brutal three-day losing streak. It had tumbled a bit more than 6% on a raft of concerns, including worries the Federal Reserve had pressed the brakes too hard for too long on the U.S. economy through high interest rates in order to beat inflation.

70. Dow drops 1,000 points, and Japanese stocks suffer worst crash since 1987 as markets quake worldwide - Friday, August 2, 2024

NEW YORK (AP) — A scary Monday that started with a plunge abroad reminiscent of 1987 's crash swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy.

71. Dow drops 600 on weak jobs data as a global sell-off whips back to Wall Street - Friday, August 2, 2024

NEW YORK (AP) — Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation.

The S&P 500 sank 1.8% for its first back-to-back losses of at least 1% since April. The Dow Jones Industrial Average dropped 610 points, or 1.5%, and the Nasdaq composite fell 2.4% as a sell-off for stocks whipped all the way around the world back to Wall Street.

72. Tesla attorneys ask judge to vacate decision invalidating massive pay package for Elon Musk - Friday, August 2, 2024

WILMINGTON, Del. (AP) — Attorneys for Elon Musk and Tesla's corporate directors are asking a Delaware judge to vacate her ruling requiring the company to rescind a massive and unprecedented pay package for Musk.

73. US road safety agency will look into fatal crash near Seattle involving Tesla using automated system - Friday, August 2, 2024

DETROIT (AP) — U.S. road safety investigators say they will look into an April crash near Seattle after authorities determined that a Tesla was operating on the company's "Full Self-Driving" system when it hit and killed a motorcyclist.

74. Japan rivals Nissan, Honda will share EV components and AI research as they play catch up - Friday, August 2, 2024

TOKYO (AP) — Japanese automakers Nissan and Honda say they plan to share components for electric vehicles like batteries and jointly research software for autonomous driving.

A third Japanese manufacturer, Mitsubishi Motors Corp., has joined the Nissan-Honda partnership, sharing the view that speed and size are crucial in responding to dramatic changes in the auto industry centered around electrification.

75. S&P 500 jumps to best day in 5 months as tech rebounds, rate cuts come into view - Friday, July 26, 2024

NEW YORK (AP) — Big technology stocks bounced back Wednesday and drove a rally for U.S. indexes, as Wall Street grew even more convinced long-sought cuts to interest rates will be arriving soon.

76. US stands by decision that 50 million air bag inflators are dangerous, steps closer to huge recall - Friday, July 26, 2024

DETROIT (AP) — U.S. auto safety regulators say they stand by a conclusion that more than 50 million air bag inflators are dangerous and should not be in use, taking another step toward a massive recall.

77. Federal grand jury charges short seller Andrew Left in $16M stock manipulation scheme - Friday, July 26, 2024

A federal grand jury in California has charged short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme.

The Department of Justice said in a statement on Friday that Left, who was a securities analyst, trader, and guest commentator on television channels including CNBC and Fox Business, is charged with one count of engaging in a securities fraud scheme, 17 counts of securities fraud, and one count of making false statements to federal investigators. As a short seller, Left would make money betting stocks would fall.

78. Wall Street's smallest stocks roar a day after its worst loss since 2022 - Friday, July 26, 2024

NEW YORK (AP) — Wall Street's split widened Thursday, as smaller stocks and other formerly downtrodden areas of the market rose up while superstar Big Tech stocks gave back more of their stellar gains.

79. Nissan lowers its profit forecast amid incentive, inventory woes - Friday, July 26, 2024

TOKYO (AP) — Nissan lowered its full fiscal year outlook on Thursday, as the Japanese automaker reported a 73% decline in profit in the April-June quarter compared to the previous year.

Chief Executive Makoto Uchida called the results "very challenging," blaming sales incentives and marketing expenses resulting from intense competition, especially in the U.S. market.

80. A wipeout on Wall Street sends the S&P 500 down by 2% as Big Tech skids - Friday, July 19, 2024

NEW YORK (AP) — A wipeout on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street's frenzy around artificial-intelligence technology.

81. Tesla's 2Q profit falls 45% to $1.48B as sales drop despite price cuts, low-interest loans - Friday, July 19, 2024

DETROIT (AP) — Tesla's second-quarter net income fell 45% compared with a year ago as the company's global electric vehicle sales tumbled despite price cuts and low-interest financing.

The Austin, Texas, company said Tuesday that it made $1.48 billion from April through June, less than the $2.7 billion it made in the same period of 2023. It was Tesla's second-straight quarterly net income decline.

82. A torrent of profit reports leaves Wall Street mixed as small stocks keep rising - Friday, July 19, 2024

NEW YORK (AP) — U.S. stocks held relatively steady in a calm Tuesday on Wall Street, as earnings reporting season ramped up for big companies.

The S&P 500 slipped 8.67 points, or 0.2%, to 5,555.74. The Dow Jones Industrial Average edged down by 57.35, or 0.1%, to 40,358.09, and the Nasdaq composite dipped 10.22, or 0.1%, to 17,997.35.

83. Wall Street climbs as Big Tech recovers following worst week in months - Friday, July 19, 2024

NEW YORK (AP) — U.S. stocks closed broadly higher on Wall Street Monday, clawing back some of the losses from their worst week since April.

The S&P 500 rose 1.1%, breaking a three-day losing streak. It was the first gain for the benchmark index since it set an all-time high on Tuesday.

84. 5 SUVs that are great for towing big trailers - Friday, July 19, 2024

When the days get long and the mountains, lakes and campgrounds beckon, you need a vehicle that can pull what you might call the “toys of summer.”

Big boats, motorcycles and travel-trailers require muscle to move over hills and highways. A pickup truck will obviously do the job, but a SUV is better suited to also comfortably accommodate your children, pets and associated gear.

85. Musk says he's moving SpaceX, X headquarters from California to Texas - Friday, July 12, 2024

SAN FRANCISCO (AP) — Billionaire Elon Musk says he's moving the headquarters of SpaceX and social media company X to Texas from California.

Musk posted on X Tuesday that he plans on moving SpaceX from Hawthorne, California to Starbase, Texas. X will move to Austin from San Francisco.

86. Tesla CEO Elon Musk appears to confirm delay in Aug. 8 robotaxi unveil event to make design change - Friday, July 12, 2024

DETROIT (AP) — Tesla CEO Elon Musk on Monday appeared to confirm a report that the company's much-ballyhooed event to unveil a robotaxi will be delayed beyond its scheduled Aug. 8 date.

Musk didn't give a new date for the event, but in a posting on X, the social media site he owns, he wrote that he requested a design change to the front of the vehicle.

87. Stock market today: Most of Wall Street climbs on encouraging inflation report, but Big Tech slumps - Friday, July 12, 2024

NEW YORK (AP) — Most U.S. stocks rose Thursday after the latest update on inflation bolstered Wall Street's belief that relief on interest rates may come as soon as September.

Four out of every five stocks in the S&P 500 index climbed, though pullbacks for Nvidia, Microsoft and a handful of other highly influential companies masked that underlying strength. Those giants have been the market's biggest winners amid a frenzy around artificial-intelligence technology, causing critics to say they had become too pricey, and they helped drag the S&P 500 down 0.9% from its all-time high set a day before.

88. Judge who nixed Musk's pay package hears arguments on massive fee request from plaintiff lawyers - Friday, July 5, 2024

WILMINGTON, Del. (AP) — A Delaware judge heard arguments Monday over a massive and unprecedented fee request by lawyers who successfully argued that a massive and unprecedented pay package for Tesla CEO Elon Musk was illegal and should be voided.

89. Europe is slapping tariffs on Chinese electric vehicles — for now. Here's what to know - Friday, July 5, 2024

Europe is slapping tariffs on Chinese electric vehicles — for now. Here's what to know

By DAVID McHUGH and KEN MORITSUGU AP Business Writers

FRANKFURT, Germany (AP) — The European Union is moving to sharply increase customs duties on electric vehicles made in China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and burgeoning exports of green technology to the 27-nation bloc. The European Commission says unfair government subsidies for electric vehicles imported from China threaten European carmakers and jobs. The higher duties won't actually be collected for four more months, given the two sides time for talks to potentially resolve the dispute.

90. Wall Street hits records as a slowing economy boosts hopes for lower rates - Friday, July 5, 2024

NEW YORK (AP) — Wall Street's record-breaking rally kept going Wednesday after weak reports on the U.S. economy kept the door open for possible cuts to interest rates.

The S&P 500 rose 0.5% to set an all-time high for a second straight day and for the 33rd time this year. The Dow Jones Industrial Average slipped 23 points, or 0.1%, while the Nasdaq composite added 0.9% to its record set the day before. Trading ended early for the day ahead of the Fourth of July holiday.

91. US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices - Friday, July 5, 2024

DETROIT (AP) — U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices.

But brisker sales could be on the horizon: Auto industry analysts say they expect prices to drop further and there's a possibility of interest-rate cuts that would make taking out a loan for a new vehicle more affordable.

92. Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected - Friday, July 5, 2024

DETROIT (AP) — Tesla's global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company's products and electric vehicles overall.

93. Wall Street hits more records as Tesla zooms - Friday, June 28, 2024

NEW YORK (AP) — Tesla zoomed higher and helped drive the U.S. stock market to more records on Tuesday.

The S&P 500 added 0.6% to top its all-time high set two weeks ago. The Dow Jones Industrial Average rose 162 points, or 0.4%, and the Nasdaq composite added 0.8% to its own record set a day before.

94. Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected - Friday, June 28, 2024

DETROIT (AP) — Tesla's global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company's products and electric vehicles overall.

95. Tesla ordered to stop releasing toxic emissions from San Francisco Bay Area plant - Friday, June 28, 2024

FREMONT, Calif. (AP) — Tesla must fix air quality problems at its electric vehicle manufacturing facility in the San Francisco Bay Area after racking up more than 100 violations for allegedly releasing toxic emissions into the atmosphere over the last five years, an air quality board said Tuesday.

96. NASA taps Elon Musk's SpaceX to bring International Space Station out of orbit in a few more years - Friday, June 28, 2024

WASHINGTON (AP) — NASA has awarded SpaceX an $843 million contract to build the vehicle that will bring the International Space Station out of its longtime orbit of Earth when its operating lifespan ends in a few more years.

97. All eyes are on Nvidia's stock, so what's been going on? - Friday, June 21, 2024

Nvidia shares rebounded Tuesday, halting a three-day skid that had surprised many investors and wiped away more than $400 billion in market value.

Early last week, Nvidia overtook Microsoft as Wall Street's most valuable public company. Then it fell 13% over three days, its worst such stretch since 2022. Because Nvidia has become so massive in size, the movements for its stock carry extra weight on the S&P 500 and other indexes.

98. China, EU are open to talks on plans to hike tariffs on Chinese EVs - Friday, June 21, 2024

BANGKOK (AP) — China and the European Union are open to holding talks on the EU's recent decision to sharply raise tariffs on imports of Chinese-made electric vehicles, officials from both sides say.

99. Fisker files for bankruptcy protection, the second electric vehicle maker to do so in the past year - Friday, June 14, 2024

Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology.

100. Tesla driver tells police he was using 'self-drive' system when his car hit a parked police vehicle - Friday, June 14, 2024

DETROIT (AP) — A Tesla apparently operating on one of the company's automated driving systems crashed into a parked police vehicle Thursday near Los Angeles, narrowly missing an officer who was managing traffic at another crash.