Autos
Despite Coinbase departure, only 28 companies have left Delaware this year
CEO of cryptocurrency platform Coinbase Brian Armstrong attends a reception at Buckingham Palace, in central London, on November 27, 2023 to mark the conclusion of the Global Investment Summit (GIS). (Photo by Daniel LEAL / POOL / AFP) (Photo by DANIEL LEAL/POOL/AFP via Getty Images) Daniel Leal | Afp | Getty Images Elon Musk has […]
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Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk
Tesla’s Powerwall 2 Source: Tesla Tesla is recalling around 10,500 units of its Powerwall 2, a backup battery for residential use, according to a U.S. Consumer Product Safety Commission disclosure out Thursday. “The lithium-ion battery cells in certain Powerwall 2 systems can cause the unit to stop functioning during normal use, which can result in […]
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AI startup Code Metal is going beyond vibe coding with the help of $36 million in fresh capital
Code Metal co-founders (L-R): SVP of technology Alex Showalter-Bucher, and CEO Peter Morales Courtesy Code Metal Inc. Peter Morales started Code Metal two years ago, jumping into the market for artificial intelligence coding tools at a time when AI companies were rapidly changing the market for software development. Now he’s got $36.5 million in the […]
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Toyota opens new U.S. battery plant, confirms $10 billion in new investments
Toyota display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Toyota Motor on Wednesday said it has started production at a new $13.9 billion battery plant in North Carolina and confirmed plans to invest up to $10 billion more than previously expected over the next five […]
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Tesla investor support for Elon Musk’s massive pay plan was lower in 2025 than in 2018
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla shareholders voted last week to give CEO Elon Musk a record pay package, one that could net him about $1 trillion in company stock over the next decade. But Musk received less support than he did for […]
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Tesla’s China sales fall to 3-year low amid tepid demand
Tesla’s sales in China dropped to 26,006 vehicles in October, their lowest in three years, as the U.S. electric vehicle maker struggles with tepid demand. Robert Alexander | Archive Photos | Getty Images Tesla‘s sales in China dropped to 26,006 vehicles in October, their lowest in three years, as the U.S. electric vehicle maker struggles with […]
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Kia previews next-gen Telluride SUV as ‘new benchmark’ for brand
DETROIT – Kia on Monday previewed its next-generation Telluride SUV that the company is describing as a “new benchmark for the brand’s design and ambition.” The first-generation Telluride has been a standout success for the South Korean car brand since it launched in 2019, at many times ranking as one of the most highly in-demand […]
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Nexperia parent shares jump 6% as Beijing signals thaw in tensions with Netherlands
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images Shares of Wingtech Technology, parent company of chipmaker Nexperia, extended gains on Monday after Beijing agreed to further talks with a Dutch delegation, easing concerns about a global auto supply crunch. Shanghai-listed Wingtech Technology […]
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EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billion
Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters EV maker Rivian on Friday said it was giving its CEO a pay plan worth as much as $4.6 billion over the next decade, a deal similar to Tesla’s record package for […]
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India’s auto sales just had a blowout month: Up 40% on festive demand, tax cuts
MUMBAI, INDIA – OCTOBER 18: On Dhanteras, auspicious day, many people purchased new vehicles at the Car Showroom in Thane, on October 18, 2025 in Mumbai, India. Hindustan Times | Hindustan Times | Getty Images India’s auto industry posted its strongest month on record in October, underscoring a sharp rebound in domestic consumption that could offset the […]
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