Billionaire investor Ron Baron explains how he profits on big spending mistakes in the market

On Dec. 9, JPMorgan warned it would spend more next year than it had previously forecast. Shares tanked. Within days, the bank’s stock had recovered. That trading dynamic is a rapid-fire microcosm of an approach that billionaire fund manager Ron Baron says underlies a key part of his investment philosophy: making bets on the companies … Read more

California judge rules that Tesla engaged in deceptive marketing around Autopilot

Tesla electric vehicles (EV) in front of the company’s store in Colma, California, US, on Monday, Nov. 10, 2025. David Paul Morris | Bloomberg | Getty Images A California administrative law judge recently ruled recently that Tesla’s marketing around its “Autopilot” and “Full Self-Driving” systems had been deceptive, and that the company should face a … Read more

Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales

What started off as a particularly rough year for Tesla investors is turning into quite the celebration. Following a 36% plunge in the first quarter, the stock’s worst period since 2022, Tesla shares have rallied all the way back, reaching an all-time closing high of $489.88, jumping 3.1% on Tuesday. They’re now up 21% for … Read more

Trump defends chief of staff Susie Wiles after she says he has ‘alcoholic’s personality’

Susie Wiles, White House chief of staff, in the Oval Office of the White House in Washington, June 27, 2025. Yuri Gripas | Bloomberg | Getty Images President Donald Trump on Tuesday defended White House chief of staff Susie Wiles after she told a reporter that Trump has an “alcoholic’s personality.” Trump, in an interview … Read more

Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain

Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California. Lora Kolodny | CNBC Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric … Read more

Rivian announces new AI tech, in-house chip and robotaxi ambitions

Rivian debuted new tech at its first “Autonomy and AI Day” on Thursday in Palo Alto, California. Credit: Rivian Electric vehicle maker Rivian Automotive has developed a custom chip, car computer and new artificial intelligence models that will enable it to bring self-driving features to its forthcoming vehicles, the company revealed at its first “Autonomy … Read more

S&P 500 is little changed as investors await Fed decision: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec. 8, 2025. Brendan McDermid | Reuters The S&P 500 was relatively unchanged on Wednesday ahead of the Federal Reserve’s interest rate decision. The broad market index traded around the flatline. The Dow Jones Industrial Average rose 115 … Read more

Huge Wall Street call: Morgan Stanley’s new Tesla analyst downgrades stock over valuation concerns

Morgan Stanley exited the bull camp on Tesla , saying valuation concerns outweigh its optimistic outlook for the electric vehicle maker in a huge potentially market-moving call on Wall Street. Analyst Andrew Percoco downgraded Tesla’s stock to equal weight from overweight. Percoco raised his price target by $15 to $425, but that still reflects downside … Read more

SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports

Elon Musk’s SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 billion, The Wall Street Journal reported Friday. SpaceX is also telling some investors it will consider going public possibly around the end of next year, the report said. At the elevated price, Musk’s aerospace and … Read more

Tesla gains in 2026 Consumer Reports’ auto brand rankings

Refreshed versions of the Tesla Model Y are shown outside a Tesla store in San Diego, California, U.S. October 21, 2025. Mike Blake | Reuters DETROIT — U.S. electric vehicle sales leader Tesla made notable strides in Consumer Reports’ influential annual auto brand rankings, cracking the top 10 overall for the U.S. The EV manufacturer … Read more