KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:58
Rivian’s Wounded Shorts Set for Potential Squeeze
Investors betting against Rivian Automotive Inc. have a lot riding on the electric vehicle maker’s results later Tuesday,
2023-08-09 01:45
Tesla’s New CFO Now Has Two Jobs and a Lot of Question Marks
Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long
2023-08-08 19:56
TSMC Partners With Infineon, NXP, Bosch to Build German Chip Fab
Taiwan Semiconductor Manufacturing Co. has agreed to build a €10 billion ($11 billion) plant in eastern Germany in
2023-08-08 18:48
Electric Vehicle Tech Manufacturer Proterra Files for Bankruptcy
Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. The
2023-08-08 05:47
Vietnam’s Richest Man Poised to Briefly Triple Fortune on EV Bet
The fortune of Vietnam’s wealthiest man is poised to soar by as much as $11 billion, vaulting him
2023-08-08 00:59
Germany Expects TSMC to Approve Dresden Chip Plant Tuesday
The German government expects Taiwan Semiconductor Manufacturing Co. to give the go-ahead for the construction of a €10
2023-08-08 00:58
Tesla Replaces CFO as Kirkhorn Ends 13 Years at the EV Maker
Tesla Inc. Chief Financial Officer Zachary Kirkhorn stepped down after 13 years at the electric-vehicle maker, a surprise
2023-08-07 23:59
German Industrial Woes Endure as Output Drops to 6-Month Low
German industrial production fell for a second month in June, further holding back Europe’s biggest economy after it
2023-08-07 15:57
Musk Says He May Need Surgery, Will Get MRI on Back and Neck
Elon Musk said he will receive an MRI of his neck and upper back tomorrow and may require
2023-08-07 11:16
Chinese Maker of 1,000 Kilometer EV Battery Plans IPO by 2025
A Chinese maker of long-range electric vehicle batteries — including one capable of going 1,000 kilometers (620 miles)
2023-08-07 06:48
It’s Not Just Trump. These World Leaders Also Got Into Legal Trouble
Former President Donald Trump appeared in a Washington courtroom last week on his third set of criminal charges
2023-08-07 04:57