INSIDER
Elon Musk says he and Trump have 'mandate to delete' regulations. Ethics laws could limit Musk role
Read full article: Elon Musk says he and Trump have 'mandate to delete' regulations. Ethics laws could limit Musk roleChoosing billionaire Elon Musk to be what President-elect Donald Trump calls āour cost cutterā for the U.S. government, is not the first time an American president has empowered a business tycoon to look for ways to dramatically cut federal regulations.
US agency says Tesla's public statements imply that its vehicles can drive themselves. They can't.
Read full article: US agency says Tesla's public statements imply that its vehicles can drive themselves. They can't.The U.S. governmentās highway safety agency says Tesla is telling drivers in public statements that its vehicles can drive themselves.
Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company
Read full article: Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle companyShares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trumpās return to the White House.
Stocks and bitcoin jump after Trump's victory. So do worries about inflation as Dow surges 1,500
Read full article: Stocks and bitcoin jump after Trump's victory. So do worries about inflation as Dow surges 1,500U.S. stocks stormed to records as investors made bets on what Donald Trumpās return to the White House will mean for the economy and the world.
Elon Musk wins court victory in a dispute over a 2018 post during a labor dispute
Read full article: Elon Musk wins court victory in a dispute over a 2018 post during a labor disputeA federal appeals court says the National Labor Relations Board was wrong to order that Tesla CEO Elon Musk delete a 2018 social media post that union leaders saw as a threat to employee stock options.
Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegally
Read full article: Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegallyPresident Joe Biden has slammed Elon Musk for hypocrisy on immigration after a published report that the Tesla CEO once worked illegally in the United States.
'Blade Runner 2049' producers sue Elon Musk and Tesla over AI image at robotaxi event
Read full article: 'Blade Runner 2049' producers sue Elon Musk and Tesla over AI image at robotaxi eventA film production company that helped make āBlade Runner 2049ā has sued Tesla and its CEO Elon Musk for using an AI-generated image resembling a scene from the science fiction movie to market Teslaās new robotaxis.
US to probe Tesla's 'Full Self-Driving' system after pedestrian killed in low visibility conditions
Read full article: US to probe Tesla's 'Full Self-Driving' system after pedestrian killed in low visibility conditionsThe U.S. governmentās road safety agency is investigating Teslaās āFull Self-Drivingā system after getting reports of crashes in low-visibility conditions, including one that killed a pedestrian.
Stock market today: Wall Street rises to close its latest record-setting week as banks jump
Read full article: Stock market today: Wall Street rises to close its latest record-setting week as banks jumpU.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected profit reports.
H-E-Bās Charles Butt and family among the Texas billionaires in Forbesā 400 richest people list
Read full article: H-E-Bās Charles Butt and family among the Texas billionaires in Forbesā 400 richest people listH-E-Bās Charles Butt and Eleanor Butt Crook, Dallas Cowboysā Jerry Jones, and Walmartās Alice Walton were all listed among the Texas billionaires in Forbes 400 list.
Officials warn that EVs could catch fire if inundated with saltwater from Hurricane Helene
Read full article: Officials warn that EVs could catch fire if inundated with saltwater from Hurricane HeleneElectric vehicle owners who live in the path of hurricanes should be wary of the risk their cars could catch fire if they are inundated by saltwater as the powerful storm moves ashore.
Musk deletes post about Harris and Biden assassination after widespread criticism
Read full article: Musk deletes post about Harris and Biden assassination after widespread criticismElon Musk has deleted a post on his social media platform X in which he said āno one is even trying to assassinateā President Joe Biden and Vice President Kamala Harris in the wake of another apparent assassination attempt on former President Donald Trump.
It took 50,000 gallons of water to put out Tesla Semi fire in California, US agency says
Read full article: It took 50,000 gallons of water to put out Tesla Semi fire in California, US agency saysThe National Transportation Safety Board says California firefighters had to douse a flaming battery in a Tesla Semi with about 50,000 gallons of water to put out flames after a crash.
Sports boats set out on a voyage to electrify the waters in the same way Tesla electrified the roads
Read full article: Sports boats set out on a voyage to electrify the waters in the same way Tesla electrified the roadsGrant Jeide looked like another dude riding the rollicking waves left in the wake of a 23-foot (7-meters) boat hurtling through the water at speeds of up to 40 miles per hour on a Northern California river earlier this summer.
Brazil top court threatens to suspend X operations in latest twist of ongoing feud
Read full article: Brazil top court threatens to suspend X operations in latest twist of ongoing feudA Brazilian Supreme Court justice is threatening to shut down the operations of X, formerly Twitter, in that country unless its billionaire owner Elon Musk names a legal representative in Brazil within 24 hours.
Questions about the safety of Tesla's 'Full Self-Driving' system are growing
Read full article: Questions about the safety of Tesla's 'Full Self-Driving' system are growingTesla says its vehicles that are equipped with the latest versions of its vaunted āFull Self-Drivingā system can travel from point to point with little human intervention.
Tesla is recalling more than 1.6 million cars in China for a remote software fix
Read full article: Tesla is recalling more than 1.6 million cars in China for a remote software fixTesla is recalling more than 1.6 million cars in China for a remote software upgrade to ensure that they warn the driver when the trunk is not locked shut.
Tesla attorneys ask judge to vacate decision invalidating massive pay package for Elon Musk
Read full article: Tesla attorneys ask judge to vacate decision invalidating massive pay package for Elon MuskAttorneys for Elon Musk and Teslaās corporate directors are asking a Delaware judge to vacate her ruling requiring the company to rescind a massive pay package for Musk.
US road safety agency will look into fatal crash near Seattle involving Tesla using automated system
Read full article: US road safety agency will look into fatal crash near Seattle involving Tesla using automated systemU.S. road safety investigators say they will look into an April crash near Seattle after authorities determined that a Tesla was operating on the companyās āFull Self-Drivingā system when it hit and killed a motorcyclist.
Recall Roundup: Tesla hood issue, Bissell Steamshot recall, iFit dumbbell set malfunction
Read full article: Recall Roundup: Tesla hood issue, Bissell Steamshot recall, iFit dumbbell set malfunctionMany newer Teslas, 3.2 million Bissell steam cleaners, and adjustable iFit dumbbell sets have all been recalled this month. Hereās what you need to know about each recall.
Tesla in Seattle-area crash that killed motorcyclist was using self-driving system, authorities say
Read full article: Tesla in Seattle-area crash that killed motorcyclist was using self-driving system, authorities sayAuthorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating on the companyās āFull Self Drivingā system.
Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids
Read full article: Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skidsAsian shares have dropped morning trading, with Tokyoās benchmark losing more than 1,000 points at one point and closing 3.3% lower, as pessimism set in over Wall Street's overnight nose-dive.
Teslaās 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans
Read full article: Teslaās 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loansTeslaās second-quarter net income fell 45% compared with a year ago as the companyās global electric vehicle sales tumbled despite price cuts and low-interest financing.
Tesla CEO Elon Musk appears to confirm delay in Aug. 8 robotaxi unveil event to make design change
Read full article: Tesla CEO Elon Musk appears to confirm delay in Aug. 8 robotaxi unveil event to make design changeTesla CEO Elon Musk appears to be confirming a report that the companyās much-ballyhooed event to unveil a robotaxi will be delayed beyond its scheduled Aug. 8 date.
Judge who nixed Musk's pay package hears arguments on massive fee request from plaintiff lawyers
Read full article: Judge who nixed Musk's pay package hears arguments on massive fee request from plaintiff lawyersA Delaware judge is considering a massive and unprecedented fee request by lawyers who successfully argued that a massive and unprecedented pay package for Tesla CEO Elon Musk should be voided.
Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zooms
Read full article: Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zoomsAsian shares are trading mostly higher after Tesla zoomed upward, helping drive the U.S. stock market to more records.
Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected
Read full article: Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expectedTeslaās global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the companyās products and electric vehicles overall.
Tesla ordered to stop releasing toxic emissions from San Francisco Bay Area plant
Read full article: Tesla ordered to stop releasing toxic emissions from San Francisco Bay Area plantTesla must fix air quality problems at its electric vehicle manufacturing facility in the San Francisco Bay Area after racking up more than 100 violations for allegedly releasing toxic emissions into the atmosphere over the last five years.
How Elon Musk's $44.9B Tesla pay package compares with the most generous plans for other U.S. CEOs
Read full article: How Elon Musk's $44.9B Tesla pay package compares with the most generous plans for other U.S. CEOsEven though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Muskās record-setting Tesla compensation dwarfs them by comparison.
Tesla driver tells police he was using 'self-drive' system when his car hit a parked police vehicle
Read full article: Tesla driver tells police he was using 'self-drive' system when his car hit a parked police vehicleA Tesla apparently operating on one of the companyās automated driving systems crashed into a parked police vehicle Thursday near Los Angeles, narrowly missing an officer who was managing traffic at another crash.
Elon Musk gets 77% approval from shareholders to get back his big, $44.9 billion Tesla pay package
Read full article: Elon Musk gets 77% approval from shareholders to get back his big, $44.9 billion Tesla pay packageTesla shareholders have voted to restore CEO Elon Muskās record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year.
Thefts of charging cables pose yet another obstacle to appeal of electric vehicles
Read full article: Thefts of charging cables pose yet another obstacle to appeal of electric vehiclesAcross the U.S., thieves have been targeting electric-vehicle charging stations, intent on stealing the cables, which contain copper wiring.
Norwegian wealth fund to vote against Elon Musk's Tesla pay package
Read full article: Norwegian wealth fund to vote against Elon Musk's Tesla pay packageNorwayās sovereign wealth fund managed by Norges Bank Investment Management said Saturday it will vote against Elon Muskās hefty CEO compensation package during Teslaās annual meeting on Thursday.
Tesla recalling more than 125,000 vehicles to fix seat belt warning system
Read full article: Tesla recalling more than 125,000 vehicles to fix seat belt warning systemTesla is recalling more than 125,000 vehicles to fix a seat belt warning system that may increase the risk of an injury in a collision.
Elon Musk sees another big advisory firm come out against his multibillion dollar pay package
Read full article: Elon Musk sees another big advisory firm come out against his multibillion dollar pay packageA second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge.
EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai
Read full article: EV maker Tesla breaks ground on Megapack energy storage battery factory in ShanghaiChinese state media have reported that electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries.
Group of Tesla shareholders ask investors to vote against Musk's compensation package
Read full article: Group of Tesla shareholders ask investors to vote against Musk's compensation packageA group of Tesla shareholders is asking investors to vote against a compensation package worth more than $40 billion for CEO Elon Musk, saying that itās not in the electric vehicle makerās best interest.
US seeks information from Tesla on how it developed and verified whether Autopilot recall worked
Read full article: US seeks information from Tesla on how it developed and verified whether Autopilot recall workedFederal safety investigators want Tesla to tell them how it developed the fix in a recall of more than 2 million vehicles with the companyās Autopilot partially automated driving system.
Elimination of Tesla's charging department raises worries as EVs from other automakers join network
Read full article: Elimination of Tesla's charging department raises worries as EVs from other automakers join networkElon Muskās move to lay off the department responsible for Teslaās electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining Teslaās network.
Supreme Court rejects Musk appeal over social media posts that must be approved by Tesla
Read full article: Supreme Court rejects Musk appeal over social media posts that must be approved by TeslaThe Supreme Court has rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some social media posts that relate to Tesla, the electric vehicle company he leads.
Tesla founder Musk visits China as competitors show off new electric vehicles at Beijing auto show
Read full article: Tesla founder Musk visits China as competitors show off new electric vehicles at Beijing auto showTesla founder and CEO Elon Musk has met with a top government leader in the Chinese capital, just as the nationās carmakers are showing off their latest electric vehicle models at the Beijing auto show.
US probes whether Tesla Autopilot recall did enough to make sure drivers pay attention
Read full article: US probes whether Tesla Autopilot recall did enough to make sure drivers pay attentionThe U.S. governmentās auto safety agency is investigating whether last yearās recall of Teslaās Autopilot driving system did enough to make sure drivers pay attention to the road.
Stock market today: Tesla soars as the rest of Wall Street drifts in mixed trading
Read full article: Stock market today: Tesla soars as the rest of Wall Street drifts in mixed tradingAsian shares are mostly lower as investors look ahead to a flood of global earnings reports, including from U_S_ companies known as the āMagnificent Seven.ā.
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Read full article: Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hoursFacebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms.
Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot
Read full article: Tesla driver in Seattle-area crash that killed motorcyclist told police he was using AutopilotA Tesla that may have been operating on the companyās Autopilot driving system has hit and killed a motorcyclist near Seattle.
Edmunds: What you need to know about wrapping your car
Read full article: Edmunds: What you need to know about wrapping your carIf youāve ever spotted cars with chameleon, chrome-like finishes, patterns such as stripes and camouflage, or just an off-beat pink or lime green, youāve likely seen a vinyl wrap.
Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
Read full article: Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehiclesTeslaās first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles.
Tesla cuts the price of its "Full Self Driving" system by a third to $8,000
Read full article: Tesla cuts the price of its "Full Self Driving" system by a third to $8,000Tesla knocked about a third off the price of its āFull Self Drivingā system ā which canāt drive itself and so drivers must remain alert and be ready to intervene ā to $8,000 from $12,000, according to the company website.
Tesla recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuck
Read full article: Tesla recalling nearly 4,000 Cybertrucks because accelerator pedal can get stuckTesla is recalling 3,878 of its 2024 Cybertrucks after discovering that the accelerator pedal could become stuck, potentially causing the vehicle to accelerate unintentionally and increasing the risk of a crash.
Argentina's populist president meets billionaire Elon Musk in Texas ā and a bromance is born
Read full article: Argentina's populist president meets billionaire Elon Musk in Texas ā and a bromance is bornTech executive Elon Musk and Argentine President Javier Milei have sealed their budding bromance at a Tesla electric car factory in Texas ā their first meeting after months of mutual admiration on social media.
US first-quarter auto sales grew 5.1% despite high interest rates, but EV growth slows further
Read full article: US first-quarter auto sales grew 5.1% despite high interest rates, but EV growth slows furtherNew vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high interest rates.
Chinese EV makers challenging market leaders at auto show in Bangkok
Read full article: Chinese EV makers challenging market leaders at auto show in BangkokChinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show.
Angela Chao, Mitch McConnellās sister-in-law, was drunk when she drove into pond, police say
Read full article: Angela Chao, Mitch McConnellās sister-in-law, was drunk when she drove into pond, police sayAngela Chao, a shipping industry CEO and sister-in-law to Senate Minority Leader Mitch McConnell, was intoxicated when she drove into a pond and died last month in Texas.
Former Tesla worker settles discrimination case, ending appeals over lowered $3.2 million verdict
Read full article: Former Tesla worker settles discrimination case, ending appeals over lowered $3.2 million verdictTesla and a Black man who worked at the companyās California factory have settled a discrimination case that drew attention to the company's treatment of minorities.
Musk abruptly cancels 'The Don Lemon Show' on X after he sits for the program's first interview
Read full article: Musk abruptly cancels 'The Don Lemon Show' on X after he sits for the program's first interviewElon Musk has abruptly canceled āThe Don Lemon Showā a talk show on his social media network, X.
Elon Musk visits a Tesla plant near Berlin as production resumes after a suspected arson attack
Read full article: Elon Musk visits a Tesla plant near Berlin as production resumes after a suspected arson attackTesla CEO Elon Musk is visiting the electric car makerās first European plant as production resumes at the factory just outside Berlin, about a week after a suspected arson attack cut its power supply.
Power restored to Tesla factory outside Berlin a week after a suspected arson attack
Read full article: Power restored to Tesla factory outside Berlin a week after a suspected arson attackA network operator says power has been restored to electric car manufacturer Teslaās factory near Berlin after a nearly one-week outage believed to have been caused by arson.
Germany's top prosecutor takes over Tesla fire investigation, suspecting terrorism
Read full article: Germany's top prosecutor takes over Tesla fire investigation, suspecting terrorismGermanyās top prosecutor has taken over the investigation into an alleged arson attack on the power supply of the electric car company Tesla near Berlin.
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Read full article: Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stockThe lawyers who successfully argued that a massive pay package for Tesla CEO Elon Musk was illegal and should be voided are asking the presiding judge to award company stock worth $5.6 billion as legal fees.
Ford electric vehicle owners can now charge on Tesla's network, but they'll need an adapter first
Read full article: Ford electric vehicle owners can now charge on Tesla's network, but they'll need an adapter firstOwners of Ford electric vehicles can now use much of Teslaās charging network in the U.S. and Canada, but thereās a hitch.
Musk pushes forward on transfer of legal home for SpaceX from Delaware to Texas
Read full article: Musk pushes forward on transfer of legal home for SpaceX from Delaware to TexasElon Musk is looking to move the legal home of SpaceX to Texas from Delaware after a judge in that state voided the billionaireās $55.8 billion Tesla pay package.
GM is nearly doubling the road miles where drivers can use its partially automated driving system
Read full article: GM is nearly doubling the road miles where drivers can use its partially automated driving systemGeneral Motors is adding about 350,000 miles, or about 563,000 kilometers, of roadways in the U.
Mobileye CEO Shashua expects more autonomous vehicles on the road in 2 years as tech moves ahead
Read full article: Mobileye CEO Shashua expects more autonomous vehicles on the road in 2 years as tech moves aheadSix years ago, automakers and tech companies thought they were on the cusp of putting thousands of self-driving robotaxis on the street to carry passengers without a human driver.
Elon Musk's Neuralink moves legal home to Nevada after Delaware judge invalidates his Tesla pay deal
Read full article: Elon Musk's Neuralink moves legal home to Nevada after Delaware judge invalidates his Tesla pay dealElon Muskās brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada.
New indoor EV charging station in San Francisco offers a glimpse into the future
Read full article: New indoor EV charging station in San Francisco offers a glimpse into the futureA couple of blocks from the San Francisco-Oakland Bay Bridge, Electrify America is about to open an indoor charging station that lets drivers relax in a lounge while their electric vehicle batteries are being filled up.
Musk wants Tesla investors to vote on switching the carmaker's corporate registration to Texas
Read full article: Musk wants Tesla investors to vote on switching the carmaker's corporate registration to TexasElon Musk wants Tesla investors to decide on moving the companyās corporate listing to Texas after a Delaware court decided he shouldnāt get a multibillion-dollar pay package.
A court rejected Elon Musk's $55.8B pay package. What is he worth to Tesla?
Read full article: A court rejected Elon Musk's $55.8B pay package. What is he worth to Tesla?A Delaware judge has invalidated Elon Musk's $55.8 billion Tesla pay package, saying it is too big and that Musk basically set the terms with a compliant board.
Miracle cures: Online conspiracy theories are creating a new age of unproven medical treatments
Read full article: Miracle cures: Online conspiracy theories are creating a new age of unproven medical treatmentsOnline conspiracy theories have created a new age of fringe medical treatments and supposed miracle cures.
Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rules
Read full article: Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rulesA judge says Elon Musk must give up a compensation package awarded by Teslaās board of directors that is potentially worth more than $55 billion.
Departing US road safety chief says agency has the people and knowhow to regulate high-tech vehicles
Read full article: Departing US road safety chief says agency has the people and knowhow to regulate high-tech vehiclesIn the past 15 months, no one has been more responsible for safety on the nationās roads than Ann Carlson.
Tesla recalling nearly 200,000 vehicles because software glitch can cause backup camera to go dark
Read full article: Tesla recalling nearly 200,000 vehicles because software glitch can cause backup camera to go darkTesla is recalling nearly 200,000 vehicles in the U.S. because the backup camera may not display an image.
Court takes new look at whether Musk post illegally threatened workers with loss of stock options
Read full article: Court takes new look at whether Musk post illegally threatened workers with loss of stock optionsA group of federal appeals court judges in New Orleans is mulling whether a 2018 social media post by Tesla CEO Elon Musk unlawfully threatened Tesla employees with the loss of stock options if they decided to be represented by a union.
Frigid weather can cut electric vehicle range and make charging tough. Here's what you need to know
Read full article: Frigid weather can cut electric vehicle range and make charging tough. Here's what you need to knowFor nearly a week, frigid temperatures from Chicago to northern Texas have made life difficult for electric-vehicle drivers.
Tesla puts German factory production on hold as Red Sea attacks disrupt supply chains
Read full article: Tesla puts German factory production on hold as Red Sea attacks disrupt supply chainsTesla says itās temporarily halting most of production at its German factory because of attacks in the Red Sea, a vital global shipping corridor.
Stock market today: Asian markets track Wall Street's decline, eroding last year's gains
Read full article: Stock market today: Asian markets track Wall Street's decline, eroding last year's gainsAsian shares have dropped after Wall Street started 2024 with a slump, giving back some of its big gains from last year.
More US auto buyers are turning to hybrids as sales of electric vehicles slow
Read full article: More US auto buyers are turning to hybrids as sales of electric vehicles slowAmericaās automakers have staked their futures on the notion that electric vehicles will dominate sales in the coming years, spurred by buyers determined to reduce carbon emissions and save on fuel.
Musk and Tesla are battling unions across Scandinavia. What comes next in the labor dispute?
Read full article: Musk and Tesla are battling unions across Scandinavia. What comes next in the labor dispute?Tesla has found itself locked in an increasingly bitter dispute with union workers in Sweden and neighboring countries.
Tesla's recall of 2 million vehicles to fix its Autopilot system uses technology that may not work
Read full article: Tesla's recall of 2 million vehicles to fix its Autopilot system uses technology that may not workTeslaās recall of more than 2 million of its electric vehicles ā an effort to have drivers who use its Autopilot system pay closer attention to the road ā relies on technology that research shows may not work as intended.
How attacks on ships in the Red Sea by Yemen's Houthi rebels are crimping global trade
Read full article: How attacks on ships in the Red Sea by Yemen's Houthi rebels are crimping global tradeThe attacks on commercial ships in the Red Sea by Yemenās Iran-backed Houthi rebels have rerouted trade away from a crucial corridor for consumer goods and energy supplies.