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Exclusive-Tesla is developing a new smaller, cheaper EV, sources say

Exclusive-Tesla is developing a new smaller, cheaper EV, sources say

By Reuters staff April 9 (Reuters) - Tesla is developing an all-new smaller, cheaper electric SUV, four people familiar with the matter told Reuters.

Analysis-How the math works on a $1.75 trillion SpaceX valuation

Analysis-How the math works on a $1.75 trillion SpaceX valuation

By Medha Singh, Echo Wang and Noel Randewich April 8 (Reuters) - Elon Musk’s SpaceX is seeking a $1.75 trillion valuation in its forthcoming initial public offering. How far into the stratosphere is that? Going by common Wall Street metrics, the answer is, way out there.

US rejects aluminum tariff relief request from Ford, WSJ reports

US rejects aluminum tariff relief request from Ford, WSJ reports

April 7 (Reuters) - The U.S. government has so far rejected requests from Ford Motor and other U.S. automakers for relief from aluminum tariffs after fires at a Novelis plant created supply bottlenecks for vehicles, the Wall Street Journal reported on Tuesday.

Analysis-Why the bond market won't bounce back to pre-war levels

Analysis-Why the bond market won't bounce back to pre-war levels

By Tom Westbrook and Ankur Banerjee SINGAPORE, April 8 (Reuters) - Global bond markets may rebound but are unlikely to fully recover from the war-driven selloff because, even if there is peace, energy prices and inflation will run hotter for longer.

US carmakers say proposed EU rules could block large pickup trucks from Europe

US carmakers say proposed EU rules could block large pickup trucks from Europe

By David Shepardson WASHINGTON, April 8 (Reuters) - U.S. carmakers say rules under consideration by Brussels could keep full-size pickup trucks including the Ford F-150, the Chevy Silverado and the Ram 1500 off European roads, according to a letter seen by Reuters.

Stellantis in advanced talks to develop Opel EV with China's Leapmotor, sources say

Stellantis in advanced talks to develop Opel EV with China's Leapmotor, sources say

SHANGHAI/MILAN, April 8 (Reuters) - Stellantis is in advanced talks with Leapmotor to jointly develop an Opel-branded electric SUV that would use the Chinese automaker's technology and be produced at Stellantis' Zaragoza plant in Spain, three sources told Reuters.

Trump will pursue stability with China's Xi in May meeting, USTR Greer says

Trump will pursue stability with China's Xi in May meeting, USTR Greer says

By David Lawder and Doina Chiacu WASHINGTON, April 7 (Reuters) - The U.S. economic and trade relationship with China is stable and President Donald Trump will aim to keep it that way in a meeting next month with Chinese President Xi Jinping, U.S. Trade Representative Jamieson Greer said on Tuesday.

European shares muted as investors cautious ahead of Trump's Iran deadline

European shares muted as investors cautious ahead of Trump's Iran deadline

April 7 (Reuters) - European shares were flat on Tuesday as escalating tensions in the Middle East and a looming deadline for peace talks kept investors on edge. The pan-European STOXX 600 index was up 0.1% at 597.24 points by 0715 GMT.

Levi Strauss raises annual forecasts on resilient demand for premium jeans

Levi Strauss raises annual forecasts on resilient demand for premium jeans

April 7 (Reuters) - Levi Strauss on Tuesday raised its annual sales and profit forecasts after beating first-quarter estimates, as resilient demand for its premium denims and strength in its direct-to-consumer business helped offset a hit from U.S. tariffs.

LG Energy Solution flags Q1 operating loss on weak EV demand

LG Energy Solution flags Q1 operating loss on weak EV demand

SEOUL, April 7 (Reuters) - South Korean battery maker LG Energy Solution (LGES) said on Tuesday it expects to post a first-quarter operating loss of 208 billion won ($138.16 million), as weaker demand from electric vehicles (EVs) makers weighed on earnings.

Analysis-Blockbuster SpaceX listing could suck the oxygen out of fragile IPO market

Analysis-Blockbuster SpaceX listing could suck the oxygen out of fragile IPO market

By Manya Saini April 7 (Reuters) - As Elon Musk's SpaceX closes in on a $75 billion IPO that could rewrite record books, concerns are mounting that others looking to list in 2026 may find it harder to get deals done under the shadow of the space venture's headline-grabbing debut.

Intel joins Musk's Terafab AI chip project to power humanoid, data center goals

Intel joins Musk's Terafab AI chip project to power humanoid, data center goals

April 7 (Reuters) - Intel said on Tuesday it will partner with Elon Musk's Terafab AI chip complex project alongside SpaceX and Tesla to help produce processors powering the tech billionaire's robotics and data center ambitions.