Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Tesla shares fell about 6% on Thursday after Bloomberg reported that the electric vehicle maker is delaying […]
Tesla shares fall 6% after report of robotaxi unveiling delay Read More »
The semiconductor industry is recruiting workers in a tight labor market as the competition for talent ramps up and funding from the CHIPS and Science Act designed to spur domestic production continues to be dispersed. It is also staring down a projected shortfall of as much as one million workers in the broader U.S. economy
GlobalFoundries races to find semiconductor talent as demand for chips soars Read More »
Ford Mustang Mach E electric vehicles are offered for sale at a dealership on June 05, 2024 in Chicago, Illinois. Scott Olson | Getty Images Ford sales rose 1% during the second quarter over the year-earlier period, led by a 5% gain in truck sales, the automaker said Wednesday. Ford truck sales, which includes pickups
Ford sales edge 1% higher in the second quarter, led by trucks Read More »
Vehicles are offered for sale at a GM dealership on June 20, 2024 in Lincolnwood, Illinois. Scott Olson | Getty Images DETROIT – General Motors reported its best quarterly sales in more than three years, including notable increases in full-size pickup trucks and all-electric vehicles. The Detroit automaker on Tuesday reported sales of 696,086 for
Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11. Courtesy: Natasha Craft When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The app made saving money fun
GM launched ‘EV Live,’ a free online platform that connects electric vehicle owners or consumers who have questions about zero-emissions cars and trucks with an expert who can answer them. Courtesy: GM DETROIT — Purchasing a vehicle has never been that easy. But shoppers entering traditional dealer showrooms for the foreseeable future may have a
An alphabet soup of ‘electrified’ vehicles awaits new car buyers as EV sales stall Read More »
GUANGZHOU, CHINA – NOVEMBER 17: A GAC Aion Hyper SSR electric sports car is on display during the Auto Guangzhou 2023 at China Import & Export Fair Pazhou Complex on November 17, 2023 in Guangzhou, Guangdong Province of China. (Photo by Chen Yihang/VCG via Getty Images) Vcg | Visual China Group | Getty Images Chinese
Chinese automakers expected to achieve 33% global market share by 2030 Read More »
A Cruise vehicle in San Francisco on Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – General Motors’ Cruise autonomous vehicle unit on Tuesday announced former Amazon and Microsoft executive Marc Whitten as its new CEO. Whitten was a founding engineer at Microsoft’s Xbox before leaving the company after more than
GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO Read More »
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Waymo robotaxis are now open to all users in San Francisco, expanding the self-driving ride-hailing service, which has been available in the city to a limited number of riders. In a blog post
Waymo opens robotaxi service to all San Francisco users Read More »
Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris Weber Courtesy: Kinetic Automation While electric vehicle demand is still increasing in the U.S., the sales growth rate for cars that pollute less has cooled down in 2024 due partly to the high cost of insurance and repairs for tech-laden new models. A 2024 study
Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis Read More »
