Autos
Take Back Tesla campaign urges shareholders to reject Musk $1 trillion pay plan
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC A day ahead of Tesla’s quarterly earnings report, a coalition of unions and corporate watchdogs wants investors to focus their attention on matters of governance. On Tuesday, a group that includes the American Federation of Teachers and Public Citizen launched a website for […]
Read More
GM expects next year’s results to top 2025 earnings
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors CFO Paul Jacobson on Tuesday said the company expects earnings next year to top its 2025 results, which have performed far better than Wall Street’s expectations. Investors had […]
Read More
General Motors is set to report earnings before the bell. Here’s what Wall Street expects
A General Motors Co. Chevrolet Silverado truck at a dealership in Upland, California, US, on Wednesday, Oct 15, 2025. Kyle Grillot | Bloomberg | Getty Images DETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday amid a litany of challenges facing the automotive industry. Here is what Wall Street […]
Read More
Cost and ‘chaos’ continue to test resiliency of U.S. auto industry
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — “A lot of cost and a lot of chaos.” That’s how Ford Motor CEO Jim Farley described the state of the automotive industry earlier this year amid geopolitical tensions, tariffs, inflation and other disruptions. All those factors created […]
Read More
Proxy advisor ISS recommends Tesla shareholders oppose Elon Musk $1 trillion pay plan
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Top proxy advisor Institutional Shareholder Services is recommending that Tesla investors vote against a pay plan for CEO Elon Musk that would grant him nearly $1 trillion more […]
Read More
Kremlin pitches Musk on ‘Putin-Trump’ tunnel from Russia to Alaska
Graphic of the proposed project, after a Kremlin envoy suggested the United States should build a “Putin-Trump” rail tunnel under the Bering Strait to link the two countries, unlock joint exploration of natural resources and “symbolize unity,” in this illustration picture obtained from social media. Kirill Dmitriev/@kadmitriev Via | Kirill Dmitriev Via Reuters An investment […]
Read More
Chinese robotaxi company Pony.ai to work with Stellantis on Europe expansion
Key Points Pony.ai’s Luxembourg unit and Stellantis said Friday they will work together on testing robotaxis for Europe. The companies will start testing in Luxembourg in the coming months, before expanding to other parts of Europe next year. The agreement comes as Waymo this week announced plans to start testing robotaxis in London. Source
Read More
Marc Benioff’s call for troops in SF leads tech investor Ron Conway to leave Salesforce Foundation board
Ron Conway, founder of SV Angel, speaks during the TechCrunch Disrupt NYC 2015 conference in New York on May 4, 2015. Michael Nagle | Bloomberg | Getty Images Days after suggesting that President Donald Trump should send federal troops to San Francisco, Salesforce CEO Marc Benioff is facing some consequences. Prominent startup investor Ron Conway, […]
Read More
Uber will offer gig work like AI data labeling to drivers while not on the road
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an unveiling event in New York, US, on Wednesday, May 14, 2025. Yuki Iwamura | Bloomberg | Getty Images Uber plans to offer drivers and couriers in the U.S. ways to make money through the company’s app when they’re not ferrying around people or […]
Read More
Nio shares plunge 9% after Singapore’s GIC accuses Chinese EV maker of inflating revenue
The Nio logo is seen at the Nio booth at the National Exhibition Center in Shanghai, China, on April 28, 2025, during the Shanghai Automobile Show 2025. Nurphoto | Nurphoto | Getty Images Hong Kong-listed shares of Nio plunged nearly 9% after Singapore’s sovereign wealth fund GIC sued the Chinese electric vehicle maker for allegedly […]
Read More