Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images Telsa’s second quarter saw the company pass $1 billion in net profit for the first time and beat estimates on the top and bottom lines, but top …
Elon Musk, chief executive officer of Tesla Inc., right, departs from court for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021. Samuel Corum | Bloomberg | Getty Images Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings on Monday. Although the companies don’t compete directly today, …
SpaceX founder and Tesla CEO Elon Musk visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Tesla reported earnings after the bell Monday, and it’s a beat on both top and bottom lines. Shares rose about 2% after hours. Here are the results. Earnings: $1.45 vs 98 cents per share adjusted expected, …
A Tesla store in Beijing, China, on July 4, 2021. Costfoto | Barcroft Media | Getty Images Analysts at Goldman Sachs have picked multiple stocks to play the electric vehicle “mega trend,” including U.S., Chinese and European electric vehicle (EV) and battery companies. Source link
General Motors and its Cruise robo-taxi subsidiary have filed a lawsuit to stop Ford Motor from using the name “BlueCruise” to market its hands-free driving technology, the companies said on Saturday. In a statement released shortly after midnight Detroit time, GM said Ford’s use of the BlueCruise name infringed on GM’s Super Cruise trademark, as well as Cruise’s trademark. “While …
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images Tesla CEO Elon Musk said Wednesday that his electric vehicle and solar business could help bitcoin miners switch to renewable energy, but is currently limited by tight supply …
WeRide robotaxis driving around the southern Chinese city of Guangzhou. The start-up began testing robotaxis in the city in 2019. WeRide GUANGZHOU, China — Chinese driverless car start-up WeRide has made its first acquisition, an autonomous trucking company, as it looks to commercialize self-driving technology. The Guangzhou-based company bought MoonX.AI for an undisclosed sum, it announced on Tuesday. Qingxiong Yang, …
2022 GMC Hummer EV sport utility truck “Edition 1” GM DETROIT – General Motors on Monday confirmed it will offer at least three large electric pickup trucks in the coming years, as excitement about the segment continues to grow. The latest to be announced by the Detroit automaker is an electric full-size pickup for its GMC truck and SUV brand. …
The trial of two Americans accused of helping former Nissan Chairman Carlos Ghosn escape from Japan in a box to Lebanon while on bail in 2019, opened on June 14 at the Tokyo District Court. Yuichi Yamazaki | Getty Images News | Getty Images A Tokyo court on Monday doled out the first sentences related to Carlos Ghosn’s arrest and …
President and CEO of Toyota Motor Corporation, Akio Toyoda and President of the International Olympic Committee Thomas Bach pose for photographers after signing official documents on March 13, 2015 in Tokyo, Japan. Chris McGrath | Getty Images News | Getty Images Tokyo 2020 Olympics sponsor Toyota will not run Games-related TV commercials amid lackluster public support for the Olympics, with …
