(Bloomberg) — Elon Musk’s artificial intelligence startup xAI is burning cash quickly, with losses mounting as it spends to build data centers, recruit talent and develop software that will eventually ...

SpaceX could double its valuation from where it stood earlier this year, and CEO Elon Musk says a few things could drive his aerospace company — including one factor that’s more under the radar.

General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations as the financial fallout spreads from the weakening U.S. market ...

General Motors announced on Thursday that it expects to take another $6 billion loss tied to its decision to scale back its electric vehicle ambitions. This comes on top of a $1.6 billion charge ...

General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations as the financial fallout spreads from the weakening U.S. market ...

(CNN) — General Motors on Thursday said it will lose another $6 billion as a result of its decision to pull back on electric cars. It comes on top of a $1.6 billion charge it disclosed in October for ...