Autos

Analysts call Tesla a ‘must own’ and ‘core holding’ following blowout first-quarter earnings
Business

Analysts call Tesla a ‘must own’ and ‘core holding’ following blowout first-quarter earnings

Analysts continue to bet on Tesla despite ongoing macro pressures after showing blowout first-quarter earnings. Source

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Elon Musk’s tunnel-making venture Boring Company hits .7 billion valuation
Technology

Elon Musk’s tunnel-making venture Boring Company hits $5.7 billion valuation

HAWTHORNE, CA – DECEMBER 18: Elon Musk, co-founder and Chief Executive Officer of Tesla Inc., speaks at an unveiling event for The Boring Company Hawthorne test tunnel December 18, 2018 in Hawthorne, California. On Tuesday night, The Boring Company will officially open the Hawthorne tunnel, a preview of Musk’s larger vision to ease traffic in […]

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Ford unveils Lincoln Star electric SUV concept as it readies to add four new EVs by 2026
Business

Ford unveils Lincoln Star electric SUV concept as it readies to add four new EVs by 2026

Lincoln Star concept electric vehicle Lincoln DETROIT – Ford Motor plans to introduce four new electric vehicles into its Lincoln lineup by 2026, as the once-dominant American luxury brand reinvents itself to focus on EVs. The new vehicles were announced Wednesday night alongside the unveiling of a new concept EV called the Lincoln Star. The […]

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Elon Musk says he thinks inflation is worse than reported and likely to continue through 2022
Technology

Elon Musk says he thinks inflation is worse than reported and likely to continue through 2022

Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters On Tesla’s first-quarter earnings call Wednesday, CEO Elon Musk said he thinks that inflation is worse than reported and is likely to last all year in 2022. U.S. inflation rose 8.5% annually in March to […]

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Tesla reports first-quarter earnings after the bell on Wednesday
Technology

Tesla reports first-quarter earnings after the bell on Wednesday

Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Electric vehicle maker Tesla is set to deliver a first quarter earnings update after the bell on Wednesday. Here’s what Wall Street is expecting, according to […]

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Options traders bet on big post-earnings gains for Tesla
Technology

Options traders bet on big post-earnings gains for Tesla

Options traders are making a ton of noise in Tesla’s stock as the company gears up to report earnings after the bell Wednesday. The electric vehicle manufacturer headed up by Elon Musk — who continues to make a lot of noise himself — has struggled so far this year, but the options market is betting […]

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‘Tesla is bigger than Musk’: Jefferies says investors shouldn’t be shaken by Twitter ‘distraction’
Technology

‘Tesla is bigger than Musk’: Jefferies says investors shouldn’t be shaken by Twitter ‘distraction’

Tesla can continue executing on its plans even if Elon Musk ends up buying Twitter, Jefferies autos analyst Philippe Houchois says. Source

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Audi’s new concept car is a self-driving ‘lounge on wheels’ for city travelers
Business

Audi’s new concept car is a self-driving ‘lounge on wheels’ for city travelers

Audi electric Urbansphere concept car Audi Audi is adding a “lounge on wheels” to its recent portfolio of electric concept vehicles that are designed to portray the German automaker’s vision for the future of transportation in automobiles. The new “Urbansphere” concept was designed for travelers in highly dense traffic areas such as China as a […]

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Mercedes-Benz unveils its new electric EQS SUV built in the U.S.
Technology

Mercedes-Benz unveils its new electric EQS SUV built in the U.S.

Mercedes-Benz electric EQS SUV Mercedes-Benz Mercedes-Benz on Tuesday took the wraps off its new EQS SUV, its first fully electric SUV built domestically for the U.S. market. The vehicle is the sibling of the EQS sedan, released last year, but with seating for up to seven people and a taller, bubblier stance. It is expected […]

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Inside Rivian’s EV plant and CEO RJ Scaringe’s strategy for growth, lower-priced EVs and competing with Tesla
Technology

Inside Rivian’s EV plant and CEO RJ Scaringe’s strategy for growth, lower-priced EVs and competing with Tesla

Rivian CEO RJ Scaringe on April 11, 2022 inside the company’s plant in Normal, Ill. Michael Wayland / CNBC NORMAL, Ill. – Rivian Automotive CEO Robert Scaringe hops out of one the automaker’s R1T electric pickups outside of the company’s plant in central Illinois as a man chants, “RJ, RJ!” Scaringe, who goes by those […]

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