Gregory Beard, director of the Department of Energy’s Office of Energy Dominance Financing. Courtesy: U.S. Department of Energy Former Apollo executive and longtime New Yorker Gregory Beard says he wouldn’t have left the private sector for just any job. But opportunity came knocking in the form of Energy Secretary Chris Wright, who tapped Beard to…
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, Nov. 19, 2025. Evelyn Hockstein | Reuters A federal judge in Miami denied Tesla’s bid to toss out a $243 million verdict in a lawsuit that requires the automaker to compensate the family of a 2019 fatal Autopilot crash victim as well as a survivor. The…
Robots taking part in a martial arts performance at the 2026 Spring Festival Gala in Beijing, China on February 16, 2026. Vcg | Visual China Group | Getty Images Chinese humanoid robots are having a moment in the spotlight after a standout performance at the country’s annual Spring Festival Gala earlier this week, with videos…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story There’s nothing quite like the holiday rush in China for the Lunar New Year. The Beijing city streets start emptying out several days in advance…
Alex Karp, Palantir CEO, joins CNBC’s ‘Squawk on the Street’ on June 5, 2025. CNBC Palantir is relocating its headquarters to Miami from Denver, the company announced Tuesday in a post on social media platform X. The software analytics firm is the latest big business to migrate to South Florida as executives seek to transform…
A Ford F-150 Lightning next to a Tesla Cybertruck. Michael Wayland / CNBC DETROIT — Ford Motor‘s $5 billion “bet” on its next generation of all-electric vehicles will feature a budding technology that Tesla commercialized in the U.S. on its Cybertruck, the Detroit automaker said Tuesday. The system, known as a 48-volt electrical architecture, had…
Tesla electric vehicles outside the company’s manufacturing facility in Fremont, California, Feb. 24, 2025. Mike Kai Chen | Bloomberg | Getty Images Tesla Vice President Raj Jegannathan, a 13-year veteran of the automaker, announced his departure from the company on Monday in a LinkedIn post. Jegannathan’s most recent role was vice president of information technology,…
Japan’s Prime Minister Sanae Takaichi, leader of the ruling Liberal Democratic Party (LDP) speaks to the media at the LDP headquarters on general election day in Tokyo, Japan, Feb. 8, 2026. Kim Kyung-Hoon | Anadolu | Getty Images Japan’s Sanae Takaichi and her ruling Liberal Democratic Party secured an overwhelming mandate in Sunday’s election, sweeping…
You sometimes have to leave the world of business to understand business. Right now, many of the biggest players in the hyper-competitive battle for AI dominance — including Microsoft, Google, Meta, Amazon, OpenAI, and Anthropic — are forcing us to question everything we know about how to value a stock. It’s turning us upside down….
Elon Musk’s journey to becoming the world’s first trillionaire will likely be powered by rockets rather than cars, as SpaceX now accounts for nearly two-thirds of the Tesla CEO’s wealth. Musk became the first person ever to top the $800 billion mark this week, with his net worth now around $845 billion, according to Forbes….
