U.S. stocks retreat Tuesday after Wal-Mart cut its profit guidance, while anxieties about earnings reports from American tech behemoths like Alphabet Inc. and Meta Platforms Inc. help to undermine the broader market. Read More...
Benzinga
Former Tesla Veteran Headed EV Battery Firm Redwood Materials Earmarks $3.5B For Nevada Plant: WSJ
Former Tesla, Inc (NASDAQ: TSLA) CTO JB Straubel, who left in 2019 to start Redwood Materials Inc looks to spend $3.5 billion on a battery-materials factory in northwest Nevada, the Wall Street Journal reports. The Redwood Materials plant under construction outside Reno, Nevada, will likely be one of the first U.S. facilities to produce critical ingredients required to manufacture EV batteries, WSJ writes. Over the past two years, companies from General Motors Co (NYSE: GM) to South Korean batte
