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Wall Street Journal - Sept 23

Sept 23 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - FedEx Corp FDX.N said it plans to raise shipping rates by an average of 6.9% across most of its services starting in January as the delivery giant copes with a global slowdown in business.
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LG Energy inks cobalt, lithium supply deals with three Canadian miners

SEOUL, Sept 23 (Reuters) - South Korean battery maker LG Energy Solution 373220.KS said on Friday it has signed agreements on lithium and cobalt sourcing with three Canadian mining firms in a bid to expand its footprint in North America. The Tesla TSLA.O supplier said in a statement the agreements were part of an effort to expand mid- to long-term supply contracts with companies that mine and process key battery materials in North America.
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Tesla completes production capacity expansion at Shanghai plant - Shanghai govt

(Corrects paragraph 3 to say .. 22,000 units ..not.. 2,200 units) SHANGHAI, Sept 19 (Reuters) - Tesla TSLA.O completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies' environmental information disclosures. Tesla will test the production lines for the upgrade during From Sept.
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Tesla completes production capacity expansion at Shanghai plant - Shanghai govt

SHANGHAI, Sept 19 (Reuters) - Tesla TSLA.O completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies' environmental information disclosures. Tesla will test the production lines for the upgrade during From Sept. 19 to Nov. 30, the statement added. Reuters previously reported Tesla had been ramping up its output to reach a target of producing around 22,000 units of Model 3 and Model Y cars per week a
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Ford's new Mustang keeps old-fashioned horsepower alive

By Joseph White DETROIT, Sept 14 (Reuters) - Detroit's automakers say they are ready to go all-electric, but at the Motor City's auto show this week they are adding a caveat: not just yet. Ford Motor Co F.N on Wednesday will unveil the seventh-generation of its Mustang sports car in downtown Detroit, underscoring the challenges Motor City automakers face as they straddle the gap between their combustion glory days and an uncertain electric future.
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Futures slip after rout on Wall Street

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Traders price in 37% chance of 100 bps rate hike next week Futures down: Dow 0.13%, S&P 0.11%, Nasdaq 0.18% By Ankika Biswas and Devik Jain Sept 14 (Reuters) - U.S. stock index futures slipped on Wednesday after a sharp selloff on Wall Street in the previous session on rate hike jitters, while investors waited for more inflation data for cues on the pace of monetary policy tightening.
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How China became big business for Twitter, from blocking to blue checks

* Local govts, state media buy Twitter ads for global audience -documents, data * China now one of Twitter's largest non-U.S. revenue streams -sources * Sales teams courted local govts amid exemption from Twitter ban on some state media ads -sources * China operations triggered internal tensions among Twitter teams -sources * Exemption rescinded in March, but local govt ads continue -data (Updates story to include revelations from whistleblower hearing in Washington) By Fanny Potkin, Eduardo Bap
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Elon Musk files amended counterclaims vs Twitter under seal

WILMINGTON, Del, Sept 9 (Reuters) - Elon Musk filed under seal an amended countersuit against Twitter Inc TWTR.N on Friday to incorporate recent whistleblower claims of security lapses at the social media platform, according to court records. Musk, the world's richest person and chief executive of Tesla Inc TSLA.O , is waging a legal battle to end his $44 billion deal for the company.
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Tesla triples deliveries of China-made cars after upgrade in Shanghai plant

SHANGHAI, Sept 8 (Reuters) - Tesla TSLA.O sold 76,965 Chinese-made vehicles in August, nearly triple its sales from a month ago, as it quickened deliveries after ramping up output at its Shanghai plant. The U.S. carmaker exported 42,463 Model 3s and Model Ys from China last month, the China Passenger Car Association (CPCA) said. In July, it sold 28,217 vehicles and exported 19,756. After a scheduled upgrade disrupted most production in July, Tesla ramped up output at the Shanghai plant in August
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New York Times business news - Sept 8

Sept 8 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Vice Media is in talks to develop a content partnership with MBC, a media conglomerate partly owned by the Saudi Arabia government. The deal could be worth at least $50 million over multiple years.
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Wall Street rebounds on lower yields, focus on Fed path

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Energy stocks follow drop in oil * Fed's Beige Book said price pressures still persistent * Fed Chair Powell to speak Thursday (Updates prices) By Carolina Mandl Sept 7 (Reuters) - U.S. stock indexes climbed on Wednesday following a recent selloff as bond yields eased, while investors await more clarity in the Federal Reserve's monetary policy tightening plans.
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Wall Street rebounds as yields slip, focus on Fed path

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Energy stocks follow drop in oil * Fed's Beige Book said price pressures still persistent * Dow up 1.23%, S&P 500 up 1.48%, Nasdaq up 1.63% (Updates prices) By Carolina Mandl Sept 7 (Reuters) - U.S. stock indexes climbed on Wednesday following a recent selloff as bond yields eased, while investors await more clarity in the Federal Reserve's monetary policy tightening plans.
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Elon Musk $258 billion Dogecoin lawsuit expands

By Jonathan Stempel NEW YORK, Sept 7 (Reuters) - The $258 billion racketeering lawsuit accusing Elon Musk of running a pyramid scheme to support the cryptocurrency Dogecoin has expanded, adding seven new investor plaintiffs and six new defendants including his tunnel construction business Boring Co. According to an amended complaint filed on Tuesday night in Manhattan federal court, Musk, his electric car company Tesla Inc TSLA.O , his space tourism company SpaceX, Boring and others intentionall
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Musk can use whistleblower claims, but judge won't delay Twitter trial

By Tom Hals WILMINGTON, Del., Sept 7 (Reuters) - Elon Musk's can use a whistleblower's claims in his legal case against Twitter Inc TWTR.N but the billionaire cannot delay the trial over his attempt to walk away from his $44 billion deal for the company, a judge ruled Wednesday. "I am convinced that even four weeks’ delay would risk further harm to Twitter," wrote Chancellor Kathaleen McCormick of Delaware's Court of Chancery, in affirming the trial will start next month.
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Tesla cuts waiting time for Model 3, Model Y deliveries in China -website

SHANGHAI, Sept 7 (Reuters) - Tesla Inc TSLA.O has shortened delivery waiting times for Model 3 and Model Y cars in China to a maximum of 14 weeks, according to its Chinese website. The U.S. automaker slashed the waiting times for most of the Model 3 and Model Y cars to six to 10 weeks, the website showed. Buyers of the long-range version of Model Y still need to wait for 10 to 14 weeks after placing the orders, compared to 16 to 20 weeks previously.
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Inside Tesla's drive to keep Musk's battery promise

* Tesla can cut $5,500 off Model Y battery costs - experts * Savings from bigger cells and new manufacturing process * Tesla yet to ramp up new 'dry-coating' technique - experts By Norihiko Shirouzu and Paul Lienert Sept 6 (Reuters) - The secret behind Elon Musk's goal of selling 20 million Tesla's a year by 2030 lies in its pioneering battery technology.
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Tesla steps up recruiting in Thailand as EV competition heats up

BANGKOK, Sept 5 (Reuters) - Tesla Inc TSLA.O is stepping up recruitment in Thailand, Southeast's Asia automotive hub, with the U.S. electric vehicle (EV) maker looking to hire a business development manager and recruiters, its website shows. The job announcements come as demand and interest for EVs in Thailand picks up due to concerns over high energy prices and with government consumer incentives.
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Tesla slashes delivery waiting time for some Model Ys in China

SHANGHAI, Aug 31 (Reuters) - Tesla Inc TSLA.O has shortened delivery waiting times for its rear-wheel drive Model Ys in China to one to four weeks, it said on its Chinese website, the second change in less than a month. The U.S. automaker previously slashed the waiting time for the same version of Model Y cars to four to eight weeks in China as it ramped up output at its Shanghai plant after upgrading production lines.
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Wall Street Journal - Aug 30

Aug 30 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Tesla Inc TSLA.O has filed suit to challenge a Louisiana law it says restricts its ability to sell electric vehicles directly to customers and violates its constitutional rights. Tesla argues the state law, among other things, infringes on interstate commerce.
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Wall Street ends sharply up, fueled by Nvidia and Amazon

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Data shows mild U.S. economic contraction in second quarter * Salesforce falls after slashing outlook * Tesla slides as 3-for-1 stock split kicks in * Indexes: S&P 500 +1.41%, Nasdaq +1.67%, Dow +0.98% By Noel Randewich and Bansari Mayur Kamdar Aug 25 (Reuters) - Wall Street ended sharply higher on Thursday, lifted by gains in Nvidia and other technology-related stocks as investors focused o
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