Chinese officials will be in Washington on Wednesday to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
The company wants to design the vehicle so that it removes as many of the headaches Tesla had to go through to produce earlier models. Musk spent at least one Thanksgiving working at the Gigafactory, which he does not want to repeat, he said.
He also said he may delve more into details about the Model Y on another earnings call later in the year. Tesla reported financial results for the fourth quarter of 2017 on Wednesday.
The Model Y would be Tesla's first crossover vehicle — a segment that is growing faster than perhaps any other in the U.S. passenger vehicle market. Tesla currently makes one sport utility vehicle, the Model X, and two sedans. This is at a time when Americans are shifting away from cars and toward SUVs and trucks.
Tesla has struggled over and over again to ramp up production on earlier models. The company said it is on track to reach a key production goal on the Model 3, which it had previously delayed several times. The Model 3 is a more affordable electric sedan that starts at $35,000.
The company also was delayed on production of its Model X sport utility vehicle, which had dazzling but complicated features, such as falcon wing doors.