Auto

Business Highlights

___ Tesla CEO drops latest bombshell with $72B buyout proposal SAN FRANCISCO (AP) — Tesla CEO Elon Musk is considering leading a buyout of the electric car maker in a stunning move that would end the maverick company's eight-year history trading on the stock market.

The Latest: Musk says going private would free Tesla

The Latest on Tesla CEO Elon Musk proposing to take the electric car private at $420 per share (all times local): 2:55 p.m. Tesla CEO Elon Musk's surprising proposal to take the electric car maker private has prompted regulators to suspend trading in the company's stock.

NYC ponders precedent with 1-year cap on new ride-hail cars

New York City's yellow cab drivers, thrown into financial upheaval in recent years by the arrival of a veritable army of black cars picking up passengers through ride-hail apps, could be getting a lifeline from elected officials voting on legislation that would pump the brakes on Uber, Lyft and others.