Autos

Tesla predicted to show humanoid robot Optimus demo on Friday evening at AI Day 2022
World

Tesla predicted to show humanoid robot Optimus demo on Friday evening at AI Day 2022

Tesla CEO Elon Musk and leaders from the company’s AI and hardware teams are expected to talk at the company’s AI Day 2022, an engineer-recruiting function, which will be stay-streamed on Friday beginning around 5:00 p.m. in California. You can look at AI Day 2022 in this article. Through the past AI Working day in […]

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EV and self-driving stocks fell nearly 15% in September, their second-worst month on record
Business

EV and self-driving stocks fell nearly 15% in September, their second-worst month on record

GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images A key ETF for electric and autonomous vehicle stocks suffered an ugly month in September, falling nearly 15% amid fears a recession could slow revenue for the automakers. The Global X […]

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Ford’s stock is up more than 70% since Jim Farley became CEO – but he still has a ton of work to do
Business

Ford’s stock is up more than 70% since Jim Farley became CEO – but he still has a ton of work to do

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters DETROIT – As incoming CEO of Ford Motor, Jim Farley promised more transparency to Wall Street as well as a clear plan for the future. At the time, Ford was considered behind the […]

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Toyota CEO doubles down on EV technique amid criticism it really is not moving quickly ample
World

Toyota CEO doubles down on EV technique amid criticism it really is not moving quickly ample

A Toyota bZ4X on exhibit at the New York Vehicle Clearly show, April 13, 2022. Scott Mlyn | CNBC LAS VEGAS – Toyota Motor is standing by its electrical automobile system, such as hybrids like the Prius, adhering to criticism by some investors and environmentalist teams that the organization is transitioning as well gradually to […]

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Citroen announces EV thought which takes advantage of recycled cardboard and has a major pace of 68 mph
World

Citroen announces EV thought which takes advantage of recycled cardboard and has a major pace of 68 mph

Citroen’s oli thought car photographed in Paris on September 29, 2022. The carmaker states it has a major velocity of 68 miles for every hour. Eric Piermont | AFP | Getty Images French automaker Citroen produced details of a new electric thought automobile Thursday, with its CEO telling CNBC that the electrification of person transport […]

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Buy Rivian now as the stock is poised to surge 85%, Truist says
Business

Buy Rivian now as the stock is poised to surge 85%, Truist says

Shares of electric vehicle maker Rivian are set to surge, making now a good time for investors to buy, according to Truist. The firm on Wednesday initiated coverage of the company with a buy rating and a $65 price target. That signals shares could surge 85% from current levels. Shares of Rivian have declined roughly […]

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U.S., South Korea are working to ‘rectify the problems’ on EV subsidies, South Korea trade minister says
Business

U.S., South Korea are working to ‘rectify the problems’ on EV subsidies, South Korea trade minister says

South Korean and U.S. officials are working toward a “concrete proposal” to resolve their differences over electric vehicle subsidies, South Korea’s trade minister told CNBC. “We’ve established a specific dialogue channel to address this particular issue, and we are glad that the U.S. government wholeheartedly engaged with us to rectify the problems,” Ahn Duk-geun told […]

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Porsche shares rise in Frankfurt industry debut
World

Porsche shares rise in Frankfurt industry debut

The Porsche IPO is established to be one particular of the greatest in European record. Thomas Kienzle | AFP | Getty Visuals Porsche shares edged increased in their stock market debut Thursday, in what is staying billed as a single of the largest community offerings in Europe at any time. Shares of the iconic sporting […]

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India’s startup market may be behind China’s, but it has ‘tremendous potential,’ says Facebook co-founder
Business

India’s startup market may be behind China’s, but it has ‘tremendous potential,’ says Facebook co-founder

India’s startup market is worth betting on, though it’s still “a few years” behind China’s, Facebook co-founder Eduardo Saverin said.  During a panel discussion at the Forbes Global CEO Conference in Singapore this week, Saverin said his investment company B Capital is deploying “a lot of dollars” into India and is thinking about the long-term success […]

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Tesla provides Airbnb co-founder Joe Gebbia to board
Technology

Tesla provides Airbnb co-founder Joe Gebbia to board

Joe Gebbia, co-founder of Airbnb and chairman of Airbnb.org, all through South By Southwest (SXSW) competition in Austin, Texas, U.S., on Sunday, March 13, 2022. Matthew Busch | Bloomberg | Getty Photographs Tesla has additional Airbnb co-founder, designer and billionaire Joe Gebbia as an unbiased member to its board of directors, in accordance to a […]

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