Uber is preparing for an IPO that media reports have noted could value it at more than $100 billion. » Read More
By: Laura Galligan
RV manufacturer Winnebago reported better-than-expected Q4 earnings, despite a year downturn. The company's CFO said that aluminum and steel prices are squeezing margins. Winnebago has had to increase prices to offset some of the cost. » Read More
By: Thomas Franck
Tesla Chief Executive Elon Musk told the electric car company that he plans to purchase $20 million of common stock, according to a Securities and Exchange Commission filing. » Read More
By: Evelyn Cheng
Tesla successfully acquired an 864,885-square meter plot in Shanghai's Lingang area for the electric car maker's new factory. » Read More
Uber is replacing the self-driving car operators with 55 so-called “mission specialists,” technical specialists trained on both on-road and test track conditions.
Tesla ditches reservations, opens up Model 3 car sales to all customers in North America
The cash-strapped Tesla is building a Chinese factory.
Telsa is planning to build large new plant in China, the company confirmed on Tuesday.
The growing demand for rechargeable batteries could lead to shortages in key materials for iPhones, laptops and electric vehicles.
"Even if it's only to a slight degree, the president will step back and claim victory," Cashin says.
Tariffs create uncertainty in the automotive industry, says former Toyota executive.
Public transit ridership has declined nationwide over the last five years, but the number of miles travelled in cars is rising and traffic congestion is getting worse. While ride-hailing threatens public transit, it is also key to its future success – but only with smart policies and the right price signals, according to three UC Davis transportation and energy scholars in The Conversation.
The looming threat of tariffs on imports is throwing a fair bit of uncertainty into annual auto sales forecasts.
European motorcycle owners care more about price than where their bikes are made, says Austin-based custom bike builder.
“Made in America” is already a pretty arbitrary label if the parts come from overseas. An economist looks at the extreme variance in US content among vehicles that are both ‘American’ and ‘foreign' in The Conversation.
"It's stuck here because there are too many shorts," or those investors betting against the stock, he says.
The Tesla CEO said reporters are publishing false or misleading articles about the carmaker.
European officials are considering holding talks on a tariff-cutting deal between the world’s largest car exporters to prevent an all-out trade war with the U.S., according to the Financial Times who cited diplomats briefed on the matter.
Potential tariffs on cars and auto components are the greatest threat to the auto industry in the U.S., Global Automakers President and CEO John Bozzella told CNBC.
Tesla says the test was redundant, as it tests braking on a test track and in other ways. The stock dropped 7 percent on Tuesday.
Prices of new cars and trucks could jump by several thousand dollars in the U.S. if President Trump follows through on his threat to raise tariffs on imports, USA Today reports.
Goldman Sachs is not impressed with Tesla's production announcement and reiterates its sell rating for the company's shares, noting a decline in net Model 3 reservations from last year.
Loup Ventures' Gene Munster, who called the Tesla production beat, predicts the embattled automaker will be profitable by September.
A Ford executive responded to Elon Musk's announcement that Tesla hit its production goals with its own numbers.