Outgoing AutoNation CEO Mike Jackson says investors should not buy auto stocks when the industry heads into a period of decline.
Tesla CEO Elon Musk is "overpromising" on autonomous vehicles, AutoNation CEO Mike Jackson says.
The broken shoe that sent Duke University star Zion Williamson limping home in the first minute of a game Wednesday will likely only have a limited impact on the stock, say investors.
"While this is an isolated occurrence, we are working to identify the issue," Nike says.
Karl Brauer of Cox Automotive told CNBC he suspects Elon Musk is misleading people about how far along Tesla is in self-driving technology.
The timing of the report that Tesla may be starting a Model 3 leasing program could be a sign that falling federal credits are hurting demand for the cars, CFRA analyst Garrett Nelson says.
Tesla is experiencing the same kind of skepticism that Amazon faced in its early days, says ARK Invest chief Cathie Wood.
Tesla's current vice president of legal will take over Butswinka's position, effective Wednesday.
Tesla will have the technology to pick up passengers and drive them to destinations by the end of the year, said CEO Elon Musk said on a podcast with an investor.
Ford will stop selling heavy trucks in South America, a region where the automaker has long struggled.