The expansion will heat up the rivalry between two current market leaders Southeast Asia — Go-Jek and Singapore-based start-up Grab. » Read More
By: Ted Kemp
President Donald Trump on Wednesday asked for the probe, which will be carried out by the U.S. Department of Commerce. » Read More
By: Jack Nicas
Apple had already curtailed its grand vision for disrupting the automotive industry by building its own self-driving car. Now the tech giant has narrowed its auto aspirations even further, the New York Times reports. » Read More
By: Robert Ferris
The Tesla CEO criticized journalists on Wednesday on the heels of a report saying negative media coverage is "increasingly immaterial" to Tesla's stock price. » Read More
Uber is ending its operation of self-driving cars in Arizona more than two months after a woman was struck and killed by one of its vehicles.
Uber's Partner Protection will cover drivers for a range of matters including injury, sickness and maternity or paternity payments.
Baird reiterates its outperform rating for Tesla shares, predicting the electric car maker will make significant progress in raising its Model 3 production volumes.
Tesla said it had hired Snapchat maker Snap's vice president of monetization engineering, Stuart Bowers, as vice president of engineering.
Tesla has slashed up to $14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles.
Consumer Reports said it will retest its Model 3 if Tesla can fix the issue through a remote firmware update.
Germany sells more passenger cars in China than any other country does, according to the China Association of Automobile Manufacturers.
China's move to reduce tariffs on imported autos is a good step, but the country's local car industry is still heavily protected and the vast majority of cars sold in the country are made there.
AutoNation shares fell more than 3 percent on Tuesday after the company posted a lower quarterly net profit due to higher interest expenses.
BP said its venture capital arm was investing in Tel Aviv-based StoreDot as it looks to reduce greenhouse gas emissions in its operations.
Tesla's CEO Elon Musk admitted there was a braking issue with the Model 3 sedan, pointed out by Consumer Reports.
The Chinese Finance Ministry says tariffs on certain vehicles will come down to 15 percent from as much as 25 percent.
High profile accidents involving self-driving cars have heightened consumer fears over fully autonomous vehicles.
Luminar is building Lidar sensor technology to serve as the "eyes" of autonomous vehicles in Florida's Space Coast.
The Chinese Finance Ministry announced Tuesday that auto tariffs for some cars will be cut to 15 percent, while some auto parts will see tariffs cut to 6 percent.
Analyst Itay Michaeli believes the automaker's shares could nearly double to $70 over the next 12 months