U.S. officials say the Houston consulate has long been used by China's government to steal medical research and attempt to infiltrate the oil industry.
"Mad Money" host Jim Cramer said government regulation, geopolitical tensions and controlling the coronavirus present risks to tech's role in powering stocks higher.
Musk also added that Tesla will continue to grow in California, where it will build the Tesla Model S and the Model X for global deliveries and the Tesla Model 3 and Tesla Model Y for North America.
During the period ending June 30, 2020, Tesla grappled with the effects of the Covid-19 pandemic and widespread civil rights protests on its employees, customers and U.S. factory operations, especially.
New York Jets owner Woody Johnson, an heir to the Johnson & Johnson pharmaceuticals fortune, was a big campaign donor to President Donald Trump, who named him U.S. ambassador to Britain.
House Speaker Nancy Pelosi told CNBC on Wednesday that additional financial aid to Americans is needed to support the U.S. economy's recovery from the coronavirus-induced recession.
California reported more than 12,800 coronavirus cases on Tuesday, the highest reported daily tally the state has recorded so far, Gov. Gavin Newsom said Wednesday.
Billionaire Bill Gates on Wednesday denied conspiracy theories that accuse the tech mogul and philanthropist of wanting to use coronavirus vaccines to implant tracking devices in people.
Republicans are considering extending the enhanced unemployment insurance benefit at a reduced level of $400 per month through the rest of the year, sources told CNBC.
U.S.-China tensions are again in focus after the U.S. ordered the Chinese consulate in Houston to close. China's Foreign Ministry called the move an "unprecedented escalation." Four experts break down what it means for the market.
Stocks rose slightly on Wednesday as news of a coronavirus vaccine deal between the U.S. government and Pfizer and BioNTech offset rising U.S.-China tensions.