Travel costs decreased in July. Here’s how you can get a bargain

Travel costs decreased in July.  Here’s how you can get a bargain

flow factory | E+ | Getty Images Travelers saw prices plummet for the big tickets in their holiday budgets in July, providing at least a temporary reprieve from soaring costs earlier this year. Airfares fell nearly 8% from June to July, while prices for rental cars and accommodations such as hotels fell 9.5% and around … Read more

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

Elon Musk sells 7.92 million Tesla shares worth .88 billion

NEW YORK, NEW YORK – MAY 02: Elon Musk attends the 2022 Met Gala celebrating ‘In America: An Anthology of Fashion’ at The Metropolitan Museum of Art on May 02, 2022 in New York City. (Photo by Dimitrios Kambouris/Getty Images for The Met Museum/Vogue) Dimitrios Kambouris | Getty Images Entertainment | Getty Images Tesla CEO … Read more

Ford raises price of all-electric F-150 Lightning due to shortages and inflation

Ford raises price of all-electric F-150 Lightning due to shortages and inflation

Ford Motor Co. will reopen its banks of orders this week exclusive to reservation holders for the all-electric F-150 Lightning pickup truck. With that trick comes slightly longer battery life and a higher sticker price for the 2023 model year. Citing “significant increases in material costs and other factors,” the automaker said in a statement … Read more

Wage inflation, used car prices could soar: Jim Bianco

Wage inflation, used car prices could soar: Jim Bianco

Washington’s efforts to rein in inflation will particularly fail this year, according to market forecaster Jim Bianco. And, he thinks this week’s key inflation data will help prove it. “I don’t see anything that could reduce the rate of inflation. There are some things that could reduce prescription drug prices and maybe a few other … Read more

Baidu’s robotaxis don’t need human staff in these parts of China

Baidu’s robotaxis don’t need human staff in these parts of China

Chinese technology company Baidu announced on Monday that it can sell robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese technology company Baidu said Monday it has become the first robotaxi operator in China to obtain permits to sell rides without a human driver or staff inside the vehicles. Local government … Read more

Here’s how Utah universities are preparing to fight monkeypox as classes resume

Here’s how Utah universities are preparing to fight monkeypox as classes resume

A vial containing the monkeypox vaccine is pictured at the Salt Lake Public Health Center in Salt Lake City on Wednesday, July 27. With an influx of people returning to the state for college, here’s how Utah’s higher education institutions are preparing for students. back and how institutions are equipping themselves to deal with a … Read more

Elon Musk challenges Twitter CEO Parag Agrawal in bot debate

Elon Musk challenges Twitter CEO Parag Agrawal in bot debate

Centi-billionaire Elon Musk has provoked Twitter and challenged company CEO Parag Agrawal to a ‘public debate’ over fake accounts and spam amid a contentious legal battle over a $44 billion acquisition. Musk filed an offer with the Securities and Exchange to acquire Twitter in April of this year. After the companies agreed to move forward … Read more

California DMV says Tesla FSD, misleading Autopilot marketing

California DMV says Tesla FSD, misleading Autopilot marketing

Brand new Tesla cars sit in a parking lot at a Tesla showroom on June 27, 2022 in Corte Madera, California. Justin Sullivan | Getty Images News | Getty Images The California Department of Motor Vehicles has accused Tesla of engaging in deceptive practices regarding the marketing of its driver assistance systems, which are branded … Read more

Tesla investors pave way for stock split, vote with company on most proposals

Tesla investors pave way for stock split, vote with company on most proposals

Tesla Inc. shareholders on Thursday approved a proposal that is expected to lead to a 3-for-1 stock split and sided with the company on most of the proposals put to a vote. TeslaTSLA, +0.40% announced preliminary voting results at its new Austin gigafactory, its new headquarters, following a formal shareholder meeting that was followed by … Read more

Lordstown Motors (RIDE) Second Quarter 2022 Results and Production

Lordstown Motors (RIDE) Second Quarter 2022 Results and Production

Workers install door hinges on the body of a prototype Endurance electric pickup truck on June 21, 2021 at the Lordstown Motors assembly plant in Ohio. Michael Wayland | CNBC Embattled electric truck startup Lordstown Motors on Thursday reaffirmed its intention to begin commercial production of its first vehicle this quarter and roll out the … Read more