Tesla shares rise on better-than-expected Q2 deliveries report
Tesla shares jumped on Tuesday after the company posted second-quarter vehicle production and deliveries numbers that beat analyst expectations.Here are the key numbers:Total ...
Tag: Autos
Ford CEO says a profitable $30,000 EV is coming in two and a half years
An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023.Nathan Howard | ...
China’s EV architect says investing in Europe is a way forward
Wan Gang is widely credited for spearheading China's electric car strategy many years ago.Bloomberg | Bloomberg | Getty ImagesHEFEI, China ...
Rivian secures up to $5 billion from Volkswagen, shares soar more than 50%
Workers assemble second-generation R1 vehicles at electric automaker Rivian's manufacturing facility in Normal, Illinois, on June 21, 2024.Joel Angel Juarez ...
China has spent at least $230 billion to build its EV industry, new study finds
Workers assemble a Wuling Hongguang Mini EV, an all-electric microcar manufactured by SAIC-GM-Wuling, at a plant of the joint automaker ...
Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%
Elon Musk speaking during the Tesla Annual Shareholder's meeting in Austin, Texas on June 13th, 2024. Source: Tesla Inc. Tesla's hefty downsizing ...
Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis
Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris WeberCourtesy: Kinetic AutomationWhile electric vehicle demand is still increasing in ...
Top BofA auto analyst says Detroit automakers need to exit China as soon as possible
Employees on the assembly line produce cars in Mazda's "Family" line of vehicles at China First Automobile Works (FAW) Group ...
More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say
Halfpoint Images | Moment | Getty ImagesThe federal government has issued more than $1 billion in tax credits as an ...
Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today
A mockup of Tesla Inc.'s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, ...
