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☆ Elon Musk might have to convince Trump not to 'stop' autonomous vehicles if he's reelected
▼ + stars: | 2024-10-11 | by ( Jaures Yip | ) www.businessinsider.com time to read: +2 min

Elon Musk revealed Tesla's new robotaxis hours after Trump said he would "stop" AVs from operating. Trump expressed concerns about autonomous vehicles at the Detroit Economic Club. During his remarks at the Detroit Economic Club, Trump said he found autonomous vehicles "concerning" and promised to "stop" them from operating. "I will stop Chinese — and other countries — produced automobile and autonomous vehicles," he said. Amazon-backed Zoox received authorization from the California and Nevada DMV to operate fully autonomous robotaxis on public roads.

Persons: Elon Musk, Trump, GM's Cruise, —, Elon, Donald Trump's, Musk, Zoox, Cruise, Didi Organizations: Detroit Economic, Service, Nevada DMV, Dallas Locations: California, Texas, San Francisco, Phoenix, Los Angeles, Austin, Nevada, Foster, China

☆ A lot is riding on Musk and Tesla’s ‘robotaxi’ event
▼ + stars: | 2024-10-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —Elon Musk and Tesla have pledged a game-changing moment in the company’s history Thursday night. For the last decade, the electric vehicle maker’s CEO has vowed that true self-driving cars from Tesla were right around the corner. And even if the technology is as advanced as Musk likes to claim, getting regulatory approval to operate could be difficult. Tesla and Musk have made promises many, many times before about autonomous vehicle capabilities and when true self-driving would be available. “Either you walk away from the event as a jaw dropping moment, or you walk away with a shrug of shoulders event.”

Persons: New York CNN — Elon, Tesla, ”, Dan Ives, Waymo, they’ve, GM’s, Musk, “, FSD, “ You’d, Gordon Johnson, it’s, Gene Munster, ” Munster, “ They’ve, Ives Organizations: New, New York CNN, Warner Bros, Wedbush Securities, Apple, Motors ’, state’s Department of Motor Vehicles, Deepwater Asset Management, Munster Locations: New York, California

☆ Elon Musk is about to reveal Tesla's Robotaxi. Uber and Lyft should be nervous.
▼ + stars: | 2024-10-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

Tesla is expected to unveil a new service at its Robotaxi event that will impact Uber and Lyft. The ride-hailing industry has so far been dominated by two major players — Uber and Lyft — and Gawrelski said Tesla's Robotaxi could mark a new challenger jockeying for market share. Uber, Lyft, and Tesla did not immediately respond to a request for comment. Ives said Tesla's Robotaxi event will be a historical day for the auto industry — and it will pressure Uber to seek out more partnerships. In September, Waymo announced that its Waymo One ride-hailing service would be available to users in Austin and Atlanta exclusively through the Uber app.

Persons: Tesla, Uber, —, Elon Musk's, Musk, There's, Wells, Ken Gawrelski, Gawrelski, there's, Morgan Stanley, — Uber, Lyft, Tesla's, jockeying, he's, Wolfe, Shweta Khajuria, Robotaxis, Khajuria, Waymo, Dan Ives, Ives, FSD, Cruise, Dara Khosrowshahi, Khosrowshahi Organizations: Service, Hollywood, Elon, Wolfe Research, EV, Los Angeles, Starbucks Locations: Austin, Atlanta, San Francisco, Phoenix, Los

☆ GM ditching 'Ultium' name for batteries and tech amid EV changes
▼ + stars: | 2024-10-09 | by ( Michael Wayland | ) www.nbcnews.com time to read: +4 min

Aside from EVs, GM touted its lowering capital costs and the company’s flexibility to produce both traditional vehicles with internal combustion engines and EVs. Shares of GM were roughly level aside from a roughly 3% increase during the beginning of the event. The change to Ultium comes after GM spent billions of dollars to develop in-house “Ultium” batteries and technologies that the automaker previously touted as “revolutionary” and the ultimate technologies to be able to build a profitable EV business. The company said the batteries and the technologies will remain, but the name “Ultium” will not, other than production operations such as its “Ultium Cells” joint venture plants with LG Energy Solution. GM has been rethinking its EV battery strategy amid changing market conditions and an influx of new, outside executives, including Tesla veterans JP Clausen, who now leads GM manufacturing, and Kurt Kelty, GM’s vice president of battery.

Persons: GM, EVs, Ultium, ”, JP Clausen, Kurt Kelty, Mary Barra, ” Kelty, Rory Harvey, “, Orion Organizations: DETROIT, Detroit automaker, GM, LG Energy, Tesla, LG, South Korea’s Samsung SDI, CNBC, Orion Locations: North America, Orion Township , Michigan, U.S, Detroit

☆ CNBC Daily Open: Stocks’ choppiness in October can be an opportunity
▼ + stars: | 2024-10-09 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Hasan Akbas | Anadolu | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. October, then, is truly living up to its reputation as the most volatile month for stocks. But investors should keep in mind the uncomfortable swings in markets aren't always a good signal for the underlying health of stocks. In fact, when stocks dip because of mild repricing or a correction, that's a good opportunity for investors to swoop in, according to Johnson.

Persons: SPX, Hasan Akbas, Robert Sluymer, Piper Sandler, Craig Johnson, Johnson, – CNBC's Hakyung Kim, Samantha Subin, Alex Harring Organizations: Anadolu, Getty, CNBC, Nasdaq, Nvidia, Palo Alto Networks, Meta, Dow Jones, RBC Wealth Management Locations: Alaska, United States, U.S, aren't

☆ I drove Chevy's $57,000 Blazer EV. From giant screens to great maps, these 18 features make the high-tech SUV worth it.
▼ + stars: | 2024-10-09 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

Chevrolet launched the Blazer EV in late 2023. I recently drove the $57,000 SUV in RS trim with all-wheel-drive. AdvertisementUpon its launch in late 2023, the Chevrolet Blazer EV was one of the first mainstream offerings built on GM's EV platform shared by the Cadillac Lyriq and GMC Hummer EV. I recently reviewed a 2024 Chevrolet Blazer EV RS AWD, which starts at $53,200, with an as-tested price of $57,215. I was impressed by the Blazer EV's aggressive styling, roomy cabin, smooth ride, and massive high-definition touchscreen.

Persons: — Organizations: Chevrolet, Blazer, Service, Cadillac, GMC Hummer

☆ Here's what investors need to know after GM's capital markets day
▼ + stars: | 2024-10-09 | by ( Michael Wayland | ) www.cnbc.com time to read: +8 min

GM's investor day showcased many of the company's current achievements, but did not provide much insight on strategy," Bernstein analyst Daniel Roeska wrote Wednesday in an investor note. "GM's Investor Day yesterday didn't provide much in the way of sharp shifts in strategy. Through the first half of 2024, GM earned $8.3 billion in EBIT-adjusted and generated $6.4 billion in adjusted automotive free cash flow. GM's 2024 financial guidance includes anticipated capital spending of between $10.5 billion and $11.5 billion. GM's operations in China have experienced a decade-long slide in earnings, and executives said they are discussing restructuring options with their China-based partners.

Persons: Rebecca Cook, Mary Barra, Mark Reuss, Stellantis, Bernstein, Daniel Roeska, Dan Levy, John Murphy, Levy, Paul Jacobson, Jacobson, GM's, we're, Barra, Ultium, Kurt Kelty, " Jacobson, Reuss, that's, you'll, Tesla's Organizations: General Motors, Reuters DETROIT —, GM, Ford Motor, Ford, Barclays, BofA Securities, Wall Street, EV tailwinds, North America, LG Energy, ICE, GMC, China Locations: Detroit, Spring Hill , Tennessee, North, Cruise, China

☆ GM ditching 'Ultium' name for batteries, tech amid EV changes
▼ + stars: | 2024-10-08 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. DETROIT — General Motors will drop the name "Ultium" for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it rethinks its EV and battery operations. The Detroit automaker confirmed the switch Tuesday ahead of an investor event in which GM is expected to discuss the change. The change comes after GM spent billions of dollars to develop in-house "Ultium" batteries and technologies that the automaker previously touted as "revolutionary" and the ultimate technologies to be able to build a profitable EV business. The company said the batteries and the technologies will remain, but the name "Ultium" will not other than production operations such as its "Ultium Cells" joint venture plants with LG Energy Solution.

Persons: EVs, JP Clausen, Kurt Kelty Organizations: Motors, Tech Center, DETROIT —, Detroit automaker, GM, LG Energy, Tesla Locations: Warren , Michigan, DETROIT, North America

☆ GM investor day: Key insights to expect from the automaker
▼ + stars: | 2024-10-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGM investor day: Key insights to expect from the automakerCNBC’s Phil LeBeau joins ‘Squawk Box’ to report on General Motors as the automaker will address investor concerns at its capital markets day Tuesday, held at its vehicle and battery plants in Spring Hill, Tennessee.

Persons: Phil LeBeau Organizations: General Motors Locations: Spring Hill , Tennessee

☆ OpenAI backer Vinod Khosla on why all the executive departures may be a good thing, taking on Elon Musk, and fixing AI's image problem
▼ + stars: | 2024-10-08 | by ( Ben Bergman | ) www.businessinsider.com time to read: +4 min

Khosla Ventures was the first investor in OpenAI when it switched to a "capped-profit" model in 2018. When OpenAI switched from a non-profit to a "capped-profit" company in 2018, he put his money where his mouth was when Khosla Ventures stepped forward with the first check. While some notable earlier investors sat out this round, such as Sequoia Capital, sat out this round, Khosla Ventures doubled down. "There's plenty of companies in the public markets that have higher revenue multiples with much lower growth than OpenAI," Khosla said during an interview this week. Advertisement"I think a number of people who left recently really want to start something of their own, but the organization is also being rationalized for agility and speed," Khosla said.

Persons: Khosla, —, Vinod Khosla, OpenAI, Mira Murati, Ilya Sutskever, Andrej Karpathy, John Schulman, Sam, Altman, Sutskever, X, 4chan Khosla, Donald Trump, Elon Musk, Musk Organizations: Khosla Ventures, Service, Sequoia Capital, 4chan, 4Chan Locations: OpenAI, Silicon Valley, It's

☆ GM expects 2025 earnings to be similar to this year's despite industry headwinds
▼ + stars: | 2024-10-08 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

DETROIT — General Motors expects its 2025 adjusted earnings to be in a "similar range" to the company's results this year, CFO Paul Jacobson said Tuesday during the company's investor day. Achieving its 2024 targets as well as similar earnings next year would be quite an accomplishment. Jacobson declined to provide specific financial targets until the company formally releases its 2025 financial guidance early next year. GM's 2024 financial guidance includes anticipated capital spending of between $10.5 billion and $11.5 billion. Other than the financial targets for 2025, the automaker provided few significant updates at its investor day.

Persons: Paul Jacobson, Jacobson, Mary Barra Organizations: GMC, DETROIT —, Motors, Detroit, Auto, GM, North America, Wall Street Locations: Richmond , California, DETROIT, North

☆ GM investor day: Cruise, cash and EV profits top of mind for Wall Street
▼ + stars: | 2024-10-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT — A lot has changed since General Motors' last investor day two years ago, but one thing that hasn't is the automaker's ability to outperform Wall Street's expectations — doing so every quarter since then. "Accordingly, whereas the theme for GM three years ago was "Growth Motors," we believe the theme today is "praGMatic Motors." To underscore that effort, the event is taking place GM's vehicle assembly and Ultium EV battery plants in Tennessee. Barra and other executives have stressed such a dual strategy since lowering or withdrawing nearly all of the company's EV targets amid slower than expected adoption of electric vehicles. "We are making the most of every opportunity we have in ICE and in EV and leveraging our core strengths," Barra said during the company's second-quarter investor call in July.

Persons: Mary Barra, General Motors, Dan Levy, Barra Organizations: General Motors Co, DETROIT, General, Wall Street, GM, Barclays, Spring, Spring Hill Assembly, ICE, EV Locations: Detroit , Michigan, China, Barra, Tennessee, Spring Hill

☆ Elon Musk is ready to make his biggest pitch yet that Tesla is more than just a car company
▼ + stars: | 2024-10-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Elon Musk has a big task this week: convincing investors that Tesla is more than just a car company. It may do so once again as Elon Musk prepares to use the studio lot to tell another story: that Tesla is more than just a car company. The long-awaited event — originally scheduled for August — is meant to give weight to the electric vehicle maker's pitch that it is a tech company first and a car company second. Meanwhile, in July, Wedbush analyst Dan Ives claimed the "Tesla AI story could be worth $1 trillion-plus and is the most undervalued AI name." Michael Macor/The San Francisco Chronicle via Getty ImagesHowever, what's critical to note is the timing for Tesla's robotaxi push.

Persons: Elon Musk, Tesla, Tesla's, —, Musk, Sam Altman, Andrej Karpathy, Dan Ives, Michael Macor, Caspar Rawles, Rawles, Donald Trump, Elon, Ross Gerber, Gerber, Uber, it's, Cruise, Paul Miller, Forrester Organizations: Service, Warner Bros, Elon, Robotaxi, EV, San Francisco, Getty, Elon Inc, Benchmark Mineral Intelligence, Twitter, Gerber Kawasaki Wealth, Investment Management, Baidu, GM Locations: Burbank, California, Tesla's, Palo Alto, Elonville, Chinese, China, Wuhan

Driverless cars are speeding onto America's streets, but whether the public will trust robotaxis remains an open question. Nearly two-thirds of Americans said they would not want to ride in a driverless passenger vehicle if they had the opportunity, according to a Pew Research Center Survey. Tesla's upcoming robotaxi launch threatens to throw the whole autonomous vehicle space off course. Alphabet -owned Waymo is the leader in the space, with the company claiming it has notched more than 22 million driverless miles. Uber has hedged its bets by inking high-profile deals with autonomous vehicle companies, but it's unclear how long those partnerships will last.

Persons: robotaxis, Tesla, Elon Musk, Waymo, Cruise Organizations: Pew Research Center Survey, GM Locations: San Francisco , Los Angeles, Phoenix

Nguyen: With Aaron Rodgers’ age and their defense, the Jets have a small window to make some noise. In theory, Adams would also add some much-needed explosiveness to a Jets offense that entered this week ranked 29th in the NFL in total yards and 27th in points. The Bills’ defense also suffered losses in free agency, and holes went unfilled even though Buffalo’s top competitors in the AFC include elite offenses in Kansas City, Baltimore and Cincinnati. Watson isn’t just not playing well, he’s playing like one of the worst quarterbacks in the league. Maybe improved offensive production would help ease pressure on the Browns’ defense.

Persons: —, 🫡, ike J ones,, rade, aron R, ould, ake, utside., ssues, orth, d, aron R odgers, ike, ong, ike W, hough, oster, e., eon, halil S hakir, eason, hird, owns., ffense, kay, iants Organizations: Cowboys, Steelers, Sunday, Football, NFL, Jets, Bills, AFC bluebloods, ust, ards, ets, FC, ast,, alton K, ave Locations: ife, osh

☆ Cheap stocks to buy in the fourth quarter, according to HSBC
▼ + stars: | 2024-10-05 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

It's officially a new trading month, and HSBC recommends investors broaden their exposure in the fourth quarter by seeking out stocks with more reasonable valuations. "These 'big' companies represent the lion's share of equity index returns year to date." HSBC has a buy rating on the stock. In all, 16 of the 29 analysts covering GM have a strong buy or buy rating, and its average price target of $54.35 implies nearly 19% upside from Friday's close, per LSEG. The remaining 11 have a buy or strong buy rating.

Persons: It's, Nicole Inui, General Motors, Goldman Sachs, Goldman Organizations: HSBC, Dow, Industrial, Nasdaq, Federal Reserve, General, GM, Pharmaceutical, Pfizer, Delta Air Lines Locations: Americas, U.S

☆ I charged a Chevy at Tesla Superchargers for a week. It was a breeze but came with one big drawback.
▼ + stars: | 2024-10-05 | by ( Nora Naughton | ) www.businessinsider.com time to read: +2 min

GM's electric vehicles got access to Tesla Superchargers last month. AdvertisementFor the better part of a week, I was the lone Chevy at my local Tesla Superchargers. Before I could offer to help, a flock of Tesla owners amassed to troubleshoot with him. Access to Elon Musk's charging network is the latest improvement GM has made to charging access for electric vehicle owners. For a long time, the Supercharger network was a selling point for EV shoppers worried about range anxiety.

Persons: —, didn't Organizations: Service, Chevrolet, Equinox, Elon, GM, GM Energy Locations: North America

☆ GM halts production at two major U.S. plants due to Hurricane Helene
▼ + stars: | 2024-10-04 | by ( Michael Wayland | ) www.nbcnews.com time to read: +2 min

DETROIT — General Motors has temporarily halted vehicle production at two U.S. factories that assemble highly profitable large pickups and SUVs due to impacts to suppliers as a result of Hurricane Helene. A GM spokeswoman declined to speculate on when the plants were expected to restart production as of Friday morning. A Thursday message to workers in Arlington viewed by CNBC said production at that plant was expected to resume Monday. Hurricane Helene made landfall in Florida late last week and hit the southeastern United States and parts of western North Carolina particularly hard. Jeffrey Morrison, GM vice president of global purchasing and supply chain, on Thursday said the hurricane and the port workers strike were disruptive events for the automaker.

Persons: Hurricane Helene, “, Jeffrey Morrison, dockworkers, Morrison, “ Covid, Jesse Jackson’s, We’ve, ” Morrison Organizations: DETROIT, Motors, Arlington Assembly, Chevrolet, Cadillac, GMC Yukon, CNBC, Coalition, “ Locations: Hurricane, Flint , Michigan, Texas, Arlington, Florida, United States, North Carolina, Detroit

☆ Ford's third-quarter sales up 0.7% as GM overtakes it in EVs
▼ + stars: | 2024-10-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. DETROIT – Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker's EV growth slowed. Ford on Wednesday reported a 0.7% increase in third-quarter U.S. new vehicle sales, including a 12.2% increase in EVs compared with a year earlier. The third-quarter results for Ford contributed to a 45% increase in EV sales this year through September to 67,689 units. The South Korean automaker remains a distant second in U.S. EV sales to market leader Tesla .

Persons: Ford, Tesla Organizations: Ford, Ford Motor, Motors, GM, Hyundai, Kia, South Korean Locations: Glendale , California, DETROIT, EVs, U.S

☆ Tesla stock slips after EV maker misses estimates on deliveries
▼ + stars: | 2024-10-02 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

In the year-ago period , Tesla reported 435,059 deliveries and production of 430,488 EVs. Last quarter, the company reported 443,956 deliveries, and production of 410,831 vehicles. Deliveries are not defined in Tesla's financial disclosures, but are the closest approximation to units sold reported by the company. Analysts were expecting deliveries of 463,310 in the period ended Sept. 30, according to estimates compiled by FactSet StreetAccount. Tesla posted its third-quarter vehicle production and deliveries report on Wednesday.

Persons: Tesla, Li Auto, FactSet StreetAccount, Ford, Tesla hasn't, Elon Musk, Donald Trump, Musk Organizations: Li, Tesla, EV, Ford, General Motors, GM, Nasdaq, Hyundai Locations: China, Seattle , Washington, US, U.S

☆ Tesla posts first sales gain of the year
▼ + stars: | 2024-10-02 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Tesla reported an increase in sales for the first time this year, although its year-to-date sales still trail the same period of 2023. But GM still had only a fraction of Tesla’s sales, with US EV sales coming in at 32,000 vehicles. Tesla doesn’t break out sales by market so it’s precise US sales are not known. During this latest quarter, Tesla stayed ahead of Chinese automaker BYD, which briefly passed Tesla in worldwide EV sales last year. BYD reported global third quarter battery electric sales of 313,000, and year-to-date sales of 1.2 million EVs.

Persons: New York CNN — Tesla, Tesla, BYD Organizations: New, New York CNN, General Motors, GM, US, ’, BYD, Tesla Locations: New York, Europe

☆ GM reports 2.2% decrease in third-quarter sales, but EVs make gains
▼ + stars: | 2024-10-01 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT — Increases in sales of electric vehicles and small crossovers helped General Motors report slightly better-than-expected sales during the third quarter. The Detroit automaker reported a 2.2% drop in third-quarter sales compared with a year earlier, slipping to 659,601 vehicles sold. GM's third-quarter sales are expected to be in line with the overall industry. Cox Automotive and Edmunds project third-quarter sales industrywide will be down roughly 2% compared to a year earlier. Still, EVs made up only 4.9% of the company's total third-quarter sales.

Persons: Edmunds, EVs, Rory Harvey Organizations: Motors, Detroit, Auto, Cox Automotive, GM, CNBC, Chevrolet Trax, Buick Locations: Detroit, DETROIT, North America, U.S

☆ Stocks making the biggest moves midday: EchoStar, CVS Health, Stellantis and more
▼ + stars: | 2024-09-30 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading: Nio — The U.S.-listed shares of the Chinese electric vehicle maker climbed 9.5% after Nio announced a 13.3 billion yuan cash injection for its Nio China business. The transactions are expected to be completed by year-end, and will reduce Nio Inc.'s stake in Nio China to 88.3% from its current 92.1%. CVS Health — Shares jumped 3.3% on news that hedge fund Glenview Capital intends to meet with CVS Health's executives to boost the struggling business. Crypto stocks — Stocks tied to the price of bitcoin retreated with the cryptocurrency following a sizeable rally last week. Cumberland Hospital for Children and Adolescents is an "indirect subsidiary" of Universal Health Services, according to an 8-K filing.

Persons: Nio, Alibaba, Stocks, bitcoin, Coinbase, MicroStrategy, Bitcoin, EchoStar, Piper Sandler, Stephen Scouten, — CNBC's Sean Conlon, Tanaya Macheel, Sarah Min, Jesse Pound, Pia Singh Organizations: Nio Inc, GM, Ford, CVS, —, Glenview Capital, CNBC, DirecTV, Amerant, Moderna, Universal Health Services, Cumberland Hospital for Children Locations: U.S, China, Glenview, Florida

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why U.S. auto factories are so unproductiveAutomakers aren't selling as many cars as they used to, and the EV transition is a lot rockier and slower than expected. Factory space in North America and around the world is empty and unused. Companies especially challenged are Ford, GM, Stellantis, Nissan, and EV makers such as Tesla and Rivian. That could mean billion dollar losses, job cuts and potential supply chain chaos. Automakers, industry analysts and even governments are adjusting expectations and preparing for an uncertain future.

Organizations: Companies, Ford, GM, Nissan, EV Locations: North America

☆ Dikembe Mutombo: Basketball Hall of Famer dies from brain cancer at 58
▼ + stars: | 2024-09-30 | by ( David Close | ) edition.cnn.com time to read: +5 min

CNN —Basketball Hall of Famer Dikembe Mutombo – known for his shot-blocking and famed finger wave after denying opponents at the hoop – died Monday from brain cancer aged 58, according to the NBA. Dikembe Mutombo wags his finger during a game in Atlanta in 1998. In 1997, Mutombo established the Dikembe Mutombo Foundation with a mission to improve education and quality of life in his native DRC. NBA Commissioner Adam Silver issued a statement, saying, “Dikembe Mutombo was simply larger than life. Dikembe Mutombo, playing for the Houston Rockets, blocks a shot during a game in East Rutherford, New Jersey, in 2004.

Persons: CNN — Basketball Hall of Famer Dikembe Mutombo, –, Dikembe Mutombo, Scott Cunningham, Mutombo, Adam Silver, “ Dikembe Mutombo, “, Dikembe’s, Rose, ”, Nathaniel S, Butler, Daryl Morey, ” Morey, Joel Embiid, He’s, Andy Scholes, ” Scholes, ‘ Andy Organizations: CNN — Basketball Hall of Famer, NBA, Naismith Basketball Hall of Fame, Democratic, Georgetown University, Denver Nuggets, Nuggets, Atlanta Hawks, Philadelphia 76ers, New Jersey Nets, New York Knicks, Houston Rockets, Global, Sixers, GM, 76ers, CNN, Rockets Locations: Democratic Republic of Congo, DRC, Atlanta, Democratic Republic of, Congo, Africa, East Rutherford , New Jersey, Houston

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