Latest in Musk’s Sales
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Farage distances himself from Musk on Robinson
Tech billionaire Elon Musk has voiced support for jailed far-right activist Tommy Robinson.BBC News - 2h -
US Steel CEO rips Biden's 'shameful' move blocking sale
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a Friday afternoon ...The Hill - 7h -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - 9h -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - 11h -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - 12h -
China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales
Beijing sent a fresh warning to President-elect Donald Trump of the tools it can use to protect national interests.The Wall Street Journal - 1d -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - 1d -
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BYD, Chinese EV Peers Post Record Sales for December
Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.The Wall Street Journal - 2d -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - 10h -
Musk misinformed on grooming gangs, says minister
The Conservatives have also criticised the billionaire for "sharing things that are factually inaccurate".BBC News - 12h -
Ford and GM report best annual U.S. sales since 2019
Both General Motors and Ford reported their best annual U.S. new vehicle sales since 2019, prior to impacts from Covid and yearslong supply chain problems.NBC News - 13h -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - 13h -
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...The Hill - 13h -
Biden blocks sale of U.S. Steel to Japan's Nippon Steel
President Biden has blocked the acquisition of U.S. Steel by Japanese company Nippon Steel. NBC News' Kelly O'Donnell reports on how the president came to the decision and the impact it could have.NBC News - 15h -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - 16h -
Biden says he will block US Steel sale to Nippon Steel
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...The Hill - 17h -
Sanders calls for H-1B visa reform: 'Elon Musk is wrong'
Sen. Bernie Sanders (I-Vt.) has taken a swipe at Elon Musk’s defense of the H-1B visa program, which has driven a wedge between two factions of President-elect Trump’s most ardent supporters. ...The Hill - 1d -
Tesla Shares Slip After First Annual Sales Decline
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.The New York Times - 1d -
Tesla sales declined for first time in a decade
Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. ...CBS News - 1d -
Vance shares Musk op-ed backing Germany's far-right party
Vice President-elect JD Vance has shared Elon Musk's op-ed supporting the far-right German political party Alternative for Germany (AfD), while the German government has accused Musk of trying to ...The Hill - 1d -
Here’s the Reason U.S. Auto Sales Could Accelerate in 2025
Reduced inventories of cars amid enduring supply chain limitations are finally expanding again, lowering prices for buyers, and fueling sales growth for dealers.Inc. - 1d -
Musk is standing in the way as Bezos reaches for orbit
Though the Amazon founder has ground to make up, he is unlikely to be short of customers for his space projectFinancial Times - 1d -
Elon Musk comments on Las Vegas Cybertruck explosion
Tesla CEO Elon Musk is commenting on what he believes caused a Cybertruck to explode outside the Trump Towers in Las Vegas. This comes as more details emerge about the man who apparently rented the ...CBS News - 1d -
Tories seek UK probe into rape gangs as Musk spat with Starmer escalates
Tech billionaire claims PM failed to tackle grooming scandal when he was head of prosecution serviceFinancial Times - 1d -
Musk urges release of far-right UK figure; blasts PM Starmer
Elon Musk has called for the release of far-right activist Tommy Robinson and criticized British Prime Minister Keir Starmer on social media, while also praising Nigel Farage's Reform UK party and ...The Hill - 1d -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - 1d -
Musk defends demonetizing critics' content on X
Tech billionaire Elon Musk defended his move to demonetize his critics' content on his social platform X and maintained the decision did not violate free speech. "The first amendment is protection ...The Hill - 1d -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - 1d -
Elon Musk’s calls for Tommy Robinson release anger Labour MPs
Billionaire ally of Donald Trump also accuses Keir Starmer on X of failing to prosecute child rapists in Oldham. Elon Musk has caused anger by calling for the release of Tommy Robinson and accusing ...The Guardian - 1d -
Real estate trends for 2025: Regional sales, interest rates, more
From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.NBC News - 1d -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - 1d -
Pigs in blankets and fizz help boost Lidl Christmas sales
The supermarket chain said it achieved its best Christmas on record in 2024, although growth has slowed.BBC News - 1d -
Social pressure holds back sales of alcohol-free drinks, research finds
Other challenges include price and taste expectations, with Gen Zers most likely to succumbFinancial Times - 2d -
Nicola Jennings on Putin, Trump and Musk’s impact on world politics this year – cartoon
Continue reading...The Guardian - 2d -
Belgium becomes first EU country to ban sale of disposable vapes
Products banned on health and environmental grounds, while Milan outlaws outdoor smoking . Belgium has become the EU first country to ban the sale of disposable vapes in an effort to stop young ...The Guardian - 2d -
Elon Musk changes his name to Kekius Maximus on X
The world's richest man sparks speculation after changing his name and using a picture of Pepe the Frog.BBC News - 3d