Elon Musk confirmed the news in the long list of tweets he unleashed on Friday. » Read More
Safety in cars is the primary factor driving car sales, which means the Model 3 could be a huge seller, said Morgan Stanley's Adam Jonas. » Read More
Large markets like Germany and volume brands like VW, Opel, Vauxhall and Peugeot posted lower sales.
Tesla said Wednesday it plans to raise $1.15 billion, including overallotments, in a series of offerings aimed at boosting its cash reserves.
Earlier this month, Tesla revealed that its 2016 sales in China topped $1.1 billion, accounting for 15 percent of the total.
"We're going to use the full economic powers of our country to protect our workers," Trump said.
Trump said earlier Wednesday his meeting will focus on "bringing back car production" to the state and the country.
President Donald Trump is set to announce in Michigan plans to re-examine federal requirements that regulate the fuel efficiency of new cars and trucks.
Southeast Asian ride-hailing app Grab plans to hire 800 engineers across its six R&D centers in Asia and the U.S.
Anthony Levandowski, who launched self-driving company Otto publicly in May, was consulting Uber’s self-driving arm weeks before that, Recode reports.
In an apparent change of tone, VW CEO Matthias Mueller signaled on Tuesday he might be interested in partnerships.
VW's chief executive has called on the Fiat Chrysler's boss Sergio Marchionne to come to him directly to discuss any future deals.
Boeing and Ford are powering ahead with China expansion plans despite the country's slowdown in growth.
Drivers who use their phones are subject to a 'hangover effect,' the AAA explains to CNBC's "On the Money."
U.S. chip giant Intel has agreed to buy Israeli technology firm Mobileye for $63.54 per share in cash.
U.S. President Donald Trump is expected to hold an event with CEOs of U.S. automakers to announce a restart of a review of vehicle fuel efficiency rules.
Intel announced an agreement to buy Mobileye for about $15.3 billion in cash on Monday.
Ford Motor's luxury unit Lincoln plans to produce luxury SUVs in China by late 2019, as it steps up its move into the world's largest auto market.
Jaguar Land Rover is seeking to reaffirm its sustainable credentials with a new agreement on renewable electricity.
NextEV CEO Padmasree Warrior talks about the major "blindspots" autonomous vehicles face.
Waymo is formally asking a judge to block Uber from operating its autonomous vehicles, The Verge reports.
Tesla executive Jon McNeill said Tesla employees will manage each service case in certified Tesla body shops, among other things.