President-elect Trump’s nominee to head the U.S. Transportation Department (DOT), Sean Duffy, said during his confirmation hearing Wednesday that Boeing needs “tough love” to bounce back

Former Rep. Sean Duffy (R-Wis.), and President-elect Donald Trump's pick to lead the Department of Transportation, pledged Wednesday to maintain rigorous oversight of Boeing Co. and continue safety investigations into Tesla Inc.

Donald Trump’s pick to head the Transportation Department promised Wednesday to scrutinize Boeing's safety issues, streamline regulations and not interfere in ongoing agency investigations into Elon Musk’s electric car company if confirmed as secretary.

Sean Duffy, President-elect Donald Trump’s nominee to lead USDOT, promised to not interfere with ongoing NHTSA investigations into Tesla if confirmed as secretary.

Duffy told the Senate Committee on Commerce, Science and Transportation during his confirmation hearing on Wednesday that he would prioritize aviation safety if confirmed by the upper chamber, including by restoring faith in Boeing.

A post shared on Facebook claims Tesla CEO and owner of X, Elon Musk, purportedly said the Boeing Starliner astronauts are “not with us anymore.” Verdict: False There is no evidence suggesting Musk made the purported remark.

While some of President-elect Trump's Cabinet nominees faced sharp questioning this week, Sean Duffy received a friendly welcome in his confirmation hearing to be secretary of transportation.

Duffy said he would work with Congress and the Federal Aviation Administration to ensure robust oversight of Boeing and other aerospace manufacturers.

The PT was trimmed by $15 to $240. Barclays, which raised its PT on the stock to $210 from $190, said Boeing shored up its balance sheet, and it's no longer an overhang, while it believes that new ...

Tesla has issued yet another recall, this time impacting roughly 239,000 vehicles, due to computer hardware issues that may cause the vehicles’ rearview cameras to stop working. According to a ...

The Tesla Model Y was the fourth biggest-selling car in the United States last year, behind only the Ford F-series pickup, the Chevy Silverado pickup, and the Toyota RAV4. Last week, Tesla quietly ...

The rise of Tesla Inc‘s (NASDAQ:TSLA) Cybertruck sales in the U.S. last year weighed heavily upon the company’s other luxury offerings including the Model S sedan and the Model X SUV ...