The European Commission on Tuesday solidified new tariffs for electric vehicles imported from China. The actual numbers aren’t harsh.
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But data aside, many have cast doubt on the company’s plan for autonomous ridesharing.
US manufacturers might not have the best grasp on what drivers want. The ones who seem to know reside about 6,000 miles away in Japan.
Tesla’s sales fell for the second straight quarter, marking its first back-to-back sales drops since 2012. But its stock still rose 10%.
Tesla wants to make sure its autonomous vehicles don’t fall for light tricks.
Fisker, the electric vehicle startup, filed for Chapter 11 bankruptcy Tuesday. The real surprise is that it stuck around as long as it did.
Its biggest union announced Wednesday that it will stage a one-day walkout on June 7 with workers using their paid annual leave.
Toyota is partnering with petroleum firms to develop carbon-neutral fuels and make them available in Japan by 2030.
The company started operating some fully driverless robotaxi rides in September 2023, and said 45% of Q4 orders were fully driverless models.
EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.
Authorities are concerned about regional banks piling too heavily into longer-yielding government bonds in recent months.
Cars with Drive Pilot are only available for sale in California and Nevada, and even there it only works on certain freeways.
The top 50 companies in the index have seen a collective 4.5% skid so far in April, while the bottom 50 have slipped 8.6%.
Shares are at a 15-month low amid a pile-up of bad news, as analysts call for a course correction, and production woes continue to mount.
Ford is offering a $1,500 rebate to Tesla owners who may not want to wait around until 2025 for a pricey Cybertruck.
The bank plans to take its profits off the table and repurpose them for new investments — primarily in energy and firms listed in Japan.