Autos
Ford beefs up F-150 Lightning production in a forceful bid to dominate the electric pickup market
A Ford F-150 Lightning on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – Ford Motor is set to be the first automaker to bring a mainstream, full-size electric pickup to the U.S. market, poised to capitalize on a first-mover advantage in what’s expected to be a hotly […]
Read More
GM says it will produce electric Chevrolet Corvettes
2020 Chevrolet Corvette GM DETROIT – General Motors will produce an electrified Chevrolet Corvette next year, followed by an all-electric version of the iconic sports car, GM President Mark Reuss said Monday. Reuss said the automaker will continue to produce traditional models with internal combustion engines alongside the electrified models. He declined to disclose when […]
Read More
Start-up Pony.ai says it’s the first self-driving company to get a taxi license in China
Autonomous driving start-up Pony.ai can collect fares for robotaxi rides in parts of two major Chinese cities as of Sunday. Pony.ai handout BEIJING — Self-driving start-up Pony.ai announced Sunday it received a taxi license, the first of its kind in China. The license allows Pony.ai to operate 100 self-driving cars as traditional taxis in the […]
Read More
Elon Musk says he confronted Bill Gates about shorting Tesla
CEO of Tesla Elon Musk says he confronted fellow billionaire Bill Gates about whether he was shorting Tesla’s stock. Musk is seen here at the Tesla Giga Texas manufacturing “Cyber Rodeo” grand opening party on April 7, 2022. Suzanne Cordeiro | AFP | Getty Images Elon Musk has accused Microsoft co-founder Bill Gates of shorting […]
Read More
Carlos Ghosn says he would face fair trial in France, suggests timing of arrest warrant ‘suspicious’
Carlos Ghosn, former Nissan chief executive officer, is in an ongoing legal battle amid allegations of financial misconduct. Bloomberg | Getty Images Carlos Ghosn has said he would receive a “fair trial” in France after being issued an arrest warrant in the latest of a string of charges brought against the disgraced former auto executive. […]
Read More
Ferrari to recall more than 2,000 cars in China over braking issues
The Ferrari 458 Italia. Ferrari Luxury sports car maker Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems, China’s market regulator said in a statement on Friday. The recall covers the 458 Italia, 458 Speciale, 458 Speciale A, 458 Spider, 488 GTB and 488 Spider series models, the […]
Read More
Cathie Wood’s Ark Invest sees Tesla stock soaring over 350% by 2026, touts Elon Musk’s robotaxis
Cathie Wood’s Ark Invest remains a believer in Tesla, projecting shares of the electric vehicle maker will reach $4,600 apiece in 2026. Source
Read More
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
Read More
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 […]
Read More
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 […]
Read More