Autos
Xiaomi’s electric SUV tops China sales in January, sells twice as many as Tesla’s Model Y
Chinese smartphone company Xiaomi launched its YU7 electric SUV in summer 2025, taking direct aim at Tesla’s Model Y. Sopa Images | Lightrocket | Getty Images BEIJING — Xiaomi‘s electric car venture has succeeded in dethroning Tesla in China, at least in January. The Xiaomi YU7 SUV ranked first in China by sales last month, […]
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Waymo is paying DoorDash gig workers to close its robotaxi doors
A Waymo autonomous taxi outside the Google headquarters in Mountain View, California, US, on Tuesday, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Waymo’s cars are driven without humans. But when a departing passenger leaves a door open, the car won’t move until a person closes it. For that task, Waymo is […]
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Rivian stock rises 15% as automaker tops Q4 expectations, targets significant production increase
The Rivian R2 is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on Nov. 23, 2025 in Los Angeles, California. Josh Lefkowitz | Getty Images Rivian Automotive on Thursday beat Wall Street’s fourth-quarter expectations and said it’s targeting a significant increase in vehicle deliveries this year, but the […]
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Mercedes shares fall 5% after full-year earnings halve on tariffs, China competition
The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership. Picture Alliance | Picture Alliance | Getty Images German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead, following a year marred by intense […]
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Musk announces xAI re-org following co-founder departures, SpaceX merger
Elon Musk, chief executive officer of Tesla Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. The annual Davos gathering of political leaders, top executives and celebrities runs from Jan. 19-23. Photographer: Krisztian Bocsi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images SpaceX CEO Elon Musk on Wednesday […]
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Why the largest U.S. auto dealer isn’t interested in Chinese cars — for now
Nio cars are seen displayed at Nio House, at the Chinese electric vehicle (EV) maker’s manufacturing hub in Hefei, Anhui province, China April 2, 2025. Florence Lo | Reuters DETROIT — The largest U.S. auto dealer isn’t interested in selling vehicles from China-based brands domestically right now, its CEO said Wednesday. But it’s not necessarily […]
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Lyft CEO Risher says consumer is showing ‘no softness’ as stock slides 15% after earnings
Lyft CEO David Risher defended the company’s fourth-quarter results Wednesday, telling CNBC that consumer demand remains strong. “We have record profits, generated over a billion dollars in cash, and that’s a result of our customer-obsessed strategy, which just keeps working and growing the company,” he told CNBC’s “Squawk Box.” “So, love what we’re seeing, and […]
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Apptronik raises $520 million to beat Chinese humanoids, Tesla Optimus to market
Apptronik has raised $520 million in funding at a $5 billion valuation as the startup aims to commercialize its humanoid Apollo robots, potentially beating Chinese competitors and Tesla’s Optimus to the market. The new funding, announced on Wednesday, brings Apptronik’s series A funding round to $935 million. B Capital, chaired by Howard Morgan, co-led the […]
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Musk’s xAI loses second co-founder in two days
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Elon Musk’s xAI has lost its second co-founder in two days. Influential researcher Jimmy Ba on Tuesday announced his departure in a post on X, thanking Musk and […]
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Ford reports worst quarterly earnings miss in four years, guides for better 2026
2026 Ford Mustang Dark Horse SC on display during the Media Preview of the 2026 Chicago Auto Show at McCormick Place on February 6, 2026, in Chicago, Illinois. Jacek Boczarski | Anadolu | Getty Images DETROIT – Ford Motor reported its largest quarterly earnings miss in four years in its fourth-quarter results released Tuesday, while […]
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