Autos

Chinese electric car company Nio hikes prices, suspends production
Business

Chinese electric car company Nio hikes prices, suspends production

Nio said it has suspended production due to Covid-related restrictions in the last several weeks that halted production at suppliers’ factories. Long Wei | Visual China Group | Getty Images BEIJING — Chinese electric car company Nio said over the weekend it is raising prices and suspending production as the latest Covid wave added to […]

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Video shows what happens when a driverless car gets pulled over
Technology

Video shows what happens when a driverless car gets pulled over

A recent video posted online shows a driverless Cruise car getting pulled over in San Francisco by police who found the autonomous vehicle didn’t have anyone behind the wheel. In the video posted on April 1, the Cruise car initially pulls over to the side of the road and stops as a cop approached the […]

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Tesla returns were supposed to be easy, but this customer has been waiting more than 2 years for a Model X refund
Technology

Tesla returns were supposed to be easy, but this customer has been waiting more than 2 years for a Model X refund

Danny Roman runs a sustainable, outdoor adventure company that gives biking and hiking tours in Southern California. Danny Roman Danny Roman bought a new Tesla Model X and took delivery of the car on Feb. 28, 2020. Three days later, he informed the company he was returning the electric SUV under the seven-day, no-questions-asked policy […]

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Thinking about buying a car? Here’s what auto experts say you need to know
Business

Thinking about buying a car? Here’s what auto experts say you need to know

A customer is shown a 2022 Toyota Prius at Longo Toyota in El Monte, CA on Wednesday, March 23, 2022. Medianews Group | Orange County Register via Getty Images People spend a lot of money on their cars and trucks. In fact, about 16% of the average American’s total budget goes to transportation, including vehicle […]

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Elon Musk says production of Tesla’s Optimus humanoid robot could start next year
World

Elon Musk says production of Tesla’s Optimus humanoid robot could start next year

The Tesla Bot is on display at the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” grand opening party on April 7, 2022 in Austin, Texas. Suzanne Cordeiro | AFP | Getty Images Tesla may start production of a humanoid robot known as Optimus as early as next year, CEO Elon Musk said Thursday. […]

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Jeep says its new electric Wrangler SUV concept goes 0-60 in 2 seconds
Business

Jeep says its new electric Wrangler SUV concept goes 0-60 in 2 seconds

Electric Jeep Wrangler Magneto 2.0 concept vehicle Jeep DETROIT — Jeep has redesigned an all-electric concept version of its flagship Wrangler, as the brand pivots from gas guzzlers to zero-emissions EVs. The Jeep Wrangler Magneto 2.0 concept vehicle comes a year after the Stellantis brand unveiled the first version of the all-electric SUV. Concept vehicles […]

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Tesla CEO Elon Musk hosts ‘Cyber Rodeo’ party to open Austin factory
Technology

Tesla CEO Elon Musk hosts ‘Cyber Rodeo’ party to open Austin factory

On Thursday night, Tesla CEO Elon Musk spoke at a grand opening event for the electric vehicle maker’s new $1.1 billion factory near the Austin airport in Texas. At the event, he spoke about how massive the new factory is, and teased products that are still in development, including the Cybertruck, and a robotaxi that […]

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Longtime Tesla bull Ron Baron plans to hold the stock at least another 8 years
Business

Longtime Tesla bull Ron Baron plans to hold the stock at least another 8 years

Investor Ron Baron has been one of Tesla’s largest shareholders for years, and he has no plans to change that. Baron told CNBC on Thursday that he thinks the electric vehicle giant’s high-flying stock has much more room to run – and that he plans to continue holding the company’s stock for at least eight […]

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From trolling Tesla to ‘WTF mode’: Here’s why GM insiders say the Hummer EV marks a change for the automaker
Business

From trolling Tesla to ‘WTF mode’: Here’s why GM insiders say the Hummer EV marks a change for the automaker

GMC Hummer EV Edition 1 Michael Wayland / CNBC PHOENIX – The new electric GMC Hummer pickup is different for General Motors and not just because it isn’t a gas-guzzler like its ancestors. It marks a major shift for the historically conservative Detroit automaker in both form and function, according to those who worked on […]

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Demand for used cars drops from a year ago but high prices aren’t budging
Business

Demand for used cars drops from a year ago but high prices aren’t budging

David Paul Morris | Bloomberg | Getty Images Used-car prices appear to be stuck in high gear, despite slowing consumer demand. Last month, sales of used cars less than 10 years old were down 27% compared with March 2021, according to car shopping app CoPilot, which tracks dealership prices nationwide. The average price during that […]

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