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Tesla’s Musk Sends Dire Warning to Rivals Lucid and Rivian

When Elon Musk, the CEO of Tesla , speaks about the environment and the problems facing the automobile sector, industry actors listen. For many years, the billionaire worked hard to convince his peers, authorities and consumers that electric vehicles were the future. The tech tycoon has twice recounted these difficulties this year, in March to defend competitor Rivian and in April during a Ted Talk.

Futures Movers: Oil prices settle at a 2-week low as U.S. supplies climb a second week and the Fed hikes rates

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