Bumpy Ride For Electric Cars In Europe
Electric cars are a key part of Europe's green transition plans but the road ahead remains littered with obstacles with 10 years to go before a crucial milestone.
Musk Vs. Brazil Supreme Court: Five Things To Know
X owner Elon Musk is under investigation in Brazil after he accused a Supreme Court judge of censoring social networks, calling him a "dictator" and vowing to disobey rulings blocking users found to be spreading disinformation.
GM Says Cruise Robotaxis Back On The Road With Human Drivers
GM subsidiary Cruise on Tuesday said it plans to get its self-driving cars back on the road without human drivers after suspending robotaxi service late last year due to safety concerns.
Tesla Settles Wrongful Death Lawsuit From Fatal Crash
Tesla has settled with the family of an engineer killed when his Model X crashed in Silicon Valley six years ago, avoiding a trial, according to court filings Monday.
Brazil Judge Orders Probe Of Musk Over Censorship Charge
In an order seen by AFP, Judge Alexandre de Moraes accused the owner of X of "criminal instrumentalization" of the platform.
Elon Musk Says Tesla Will Unveil Robotaxi In August
Elon Musk revealed Friday that Tesla will pull back the curtain on a robotaxi this summer, news that comes as adoption of self-driving vehicles hits speed bumps over safety concerns.
Sam Altman Net Worth 2024: Silicon Valley Visionary's Billion-Dollar Rise
Altman's official entry into the billionaire club in 2024 underscores his success in identifying and nurturing promising ventures.
'United For Bitcoin': Crypto Giants Launch Campaign To Get BTC Its Own Emoji
Nexo and more than 20 other leading crypto-related firms have launched a campaign to get Bitcoin its very own emoji – they said it's about time the world's first decentralized cryptocurrency receive the recognition it deserves.
Tesla Reports Drop In Auto Sales, While Toyota Sees US Surge
Tesla reported sharply lower first-quarter auto sales on Tuesday amid an underwhelming demand outlook for electric vehicles, while legacy players including Toyota rode improved US inventories to higher sales.
Tesla's Stock Hits Low Amid Sales Decline
Tesla's disappointing first-quarter sales figures lead to a 7% drop in shares, marking its first year-over-year decline since the pandemic began.
Tesla Q1 Auto Deliveries Fall 8.5 Pct, Shares Drop Sharply
Tesla reported an 8.5 percent drop in first-quarter auto deliveries, missing estimates from leading analysts and weighing on shares.
Hong Kong Rally Leads Asian Markets, Traders Assess Fed Rate Plans
Hong Kong led most Asian markets higher Tuesday as traders returned from an extended weekend break to forecast-beating Chinese factory data that lifted hopes for the world's number-two economy.
Will Musk Help Trump With Cash, Not Just Tweets?
Elon Musk, one of the world's richest people, says he won't directly back Joe Biden or Donald Trump in the US election -- but one look at his X feed makes clear his heart is with the Republican.
Tesla Has More Bitcoins Than Coinbase, Other Crypto Firms: Tracker
A Bitcoin holdings tracker shows that Tesla has more Bitcoins than Coinbase, Hut 8 Mining, and a host of other companies that actually offer Bitcoin products or services.
China's Xiaomi Enters Car Market With New Electric Vehicle
Chinese consumer tech giant Xiaomi launched its first electric vehicle in Beijing on Thursday, injecting itself into a fiercely competitive sector in the world's largest car market.
China's Competitive Car Market At Heart Of Global EV Revolution
China is the biggest electric vehicle market in the world, a battle royale featuring both established carmakers as well as upstarts such as Xiaomi, which launched its first EV on Thursday.
China's Xiaomi To Enter Cut-throat EV Market For The First Time
Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference in Beijing Thursday, injecting itself into a fiercely competitive sector in the world's largest car market.
Hyundai To Invest More Than $50 Bn In South Korea In Major EV Push
Hyundai on Wednesday revealed plans to invest more than $50 billion in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles.
Chinese EV Giant BYD Announces Record Annual Profit For 2023
Chinese battery and automotive giant BYD achieved a record profit in 2023, annual results showed Tuesday, despite fierce competition in the country as demand for electric vehicles grows.
BYD: Chinese Electric Vehicle Giant With Surging Profits
China's BYD posted a record annual profit for 2023 on Tuesday, just months after surpassing Tesla to become the world's leading electric vehicle seller.
US Court Dismisses Musk Lawsuit Against Anti-hate Watchdog
A US court on Monday rejected social network X's lawsuit against a nonprofit that had reported a spike in misinformation and hate speech on the platform since billionaire Elon Musk's takeover.
Have Poor And Troubled Paris Suburbs Won Olympic Gold?
Less than 500 metres separate the Stade de France -- the sparkling centrepiece of the Paris Olympics -- and the crumbling Francs-Moisins estate plagued by poverty and crime.
Mexico Cuts Interest Rate For First Time In Three Years
Mexico's central bank on Thursday reduced its benchmark interest rate for the first time in three years following a slowing of inflation in Latin America's second-largest economy.
Neuralink Shows Quadriplegic Playing Chess With Brain Implant
Neuralink on Wednesday streamed a video of its first human patient playing computer chess with his mind and talking about the brain implant making that possible.
China Could Turn From An Asset To A Liability For Tesla
Today, the EV pioneer has made some gains in the Chinese market, but it is facing enormous pressure from scores of domestic EV makers. They threaten to turn the company's foray into the Chinese market from an asset to a liability.
AI Titan Nvidia Ramps Up Collaboration With Chinese Auto Giants
The move deepens Nvidia's connections with the Chinese EV industry even as it is separately prohibited by the United States from exporting its most powerful AI hardware to China.
Elon Musk Defends Ketamine Use, Dismisses Investor Worries
Elon Musk suggested his use of drugs benefits Tesla investors in an interview released Monday, saying he takes prescribed ketamine to treat his "negative frame of mind."
Tesla Faces Uphill Battle As Analysts Downgrade Outlook Amid Growth Concerns
Tesla faces significant challenges as analysts downgrade outlook amid concerns over stagnant growth and increasing competition in the electric vehicle market.
Asian Markets Mixed As Traders Eye US Data, Looming Fed Meeting
Asian markets were mixed Thursday after a tepid day on Wall Street, with traders looking forward to a string of US data that could help sway Federal Reserve officials ahead of their policy meeting next week.
Musk Visits Tesla's Sabotage-hit German Factory
Elon Musk travelled Wednesday to Tesla's factory near Berlin to lend his workers "support" after the plant was forced to halt production by a suspected arson attack on nearby power lines.