Apple is scuttling its secretive, long-running effort to build an autonomous electric car, executives announced in a short meeting with the team Tuesday morning. The company is likely cutting hundreds
Xiaomi is having a good MWC. The Chinese tech firm’s booth has been packed since show doors opened this morning. It’s a stark contrast to neighboring Samsung, whose sparsely populated booth reflec
The major news from China’s auto industry this week is Volkswagen’s $700 million investment in the country’s electric vehicle startup, XPeng. This partnership has the potential to se
Marvel retiree Robert Downey Jr. has a new show: “Downey’s Dream Cars.” It follows the millionaire as he seeks to reconcile two of his hobbies, classic car collecting and climate cha
A Chinese electric vehicle brand that’s rarely spotted in the U.S. is quickly catching up to Tesla’s dominance of the global EV market. BYD, which started in Shenzhen 28 years ago, deliver
Toyota said Wednesday it will triple its planned investment for its first U.S. battery factory due to rising consumer demand for electric vehicles. The automaker now plans to spend $3.8 billion, up fr
Tesla is coming under fire from federal and state regulators over both the safety and the capabilities of its Autopilot advanced driver assistance system. The National Highway Traffic Safety Administr
Elon Musk has dominated this summer’s headlines beyond the EV business he’s trying to scale. During the first half of July, the Tesla CEO commanded attention for adding twins to his brood of 10 ch
General Motors is teaming up with Pilot Flying J to build a national fast-charge network for EVs. The partnership between GM and Pilot will help accelerate EV sales by filling in gaps along the chargi
Tesla plans to begin opening its Supercharger network to other electric vehicles by the end of the year, according to a White House memo that shared the automaker’s plans. The U.S. government said i
Tesla has gutted the data annotation team working on Autopilot, laying off nearly 200 employees and shutting down the San Mateo, California office where they worked. The layoffs, first reported by Blo
Two former Tesla employees filed a lawsuit against the EV maker Sunday alleging that the company did not provide the 60 days of advance notice required by federal law during a recent round of layoffs.
Security researchers have demonstrated a new Bluetooth relay attack that can remotely unlock and operate some Tesla vehicles. The vulnerability lies in Bluetooth Low Energy (BLE), the technology used
Elon Musk weighed in on Tesla, SpaceX and his multitude of other companies — including that social media business he’s trying to purchase — during a wide-reaching 80-minute interview Tuesday
Stellantis will spend $2.8 billion (CAD $3.6 billion) to increase production of electric vehicles at two of its Canadian plants, the company said on Monday. The funding is a portion of the $35.5 billi
Dallas County is the latest to tap EVs for law enforcement, adding three Tesla Model 3s to its police fleet. Local, state and federal governments worldwide have begun adding battery-electric models to
As usual, it’s been a dramatic quarter for Tesla. Tesla, which will announce its first-quarter financial results Wednesday, has benefited from a global surge in consumer demand for electric vehicles
To examine the market forces and psychology driving climate tech, we surveyed 14 international investors to learn about how they evaluate new opportunities.
In basic terms, Tesla outperformed on revenue and profit estimates.
Rivian, the electric automaker backed by Amazon, Ford and a cornucopia of heavy-hitting institutional investors like T. Rowe Price Associates and Coatue, finally made its once-confidential IPO filing
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