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, …
Travelers arrive at terminal 4 at JFK International airport in New York on December 22, 2020. Kena Betancur | AFP | Getty Images The United States will not lift foreign travel restrictions due to concerns over the rise in the more contagious Covid-19 delta variant cases, according to a White House official. About 83 percent of new Covid cases in …
An electric vehicle charging point in Stoke-on-Trent, England. Nathan Stirk | Getty Images News | Getty Images The number of electric vehicles on the world’s roads is surging, hitting a record number last year. That would seem to be good news, as the world tries to wean itself off fossil fuels that are wrecking the global climate. But as electric …
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 …
An Uber Freight truck. Source: Travis Kalanick | Twitter Uber Freight, the rideshare company’s trucking division, said Thursday it’s acquiring Transplace in a deal that values the transportation logistics company at $2.25 billion. Uber shares dipped slightly in premarket trading. Uber Freight will acquire Transplace from TPG Capital, the private equity platform of alternative asset firm TPG that acquired Transplace …
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 …
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images United Airlines on Tuesday reported higher second-quarter revenue thanks to a resurgence in air travel, the latest carrier to issue a brightening outlook for one of the pandemic’s most battered sectors. The Chicago-based airline …
VAN HORN, Texas — Jeff Bezos is the world’s most wealthy person, and now the first to hold that title while not on the Earth. Blue Origin launched him into spaceflight history on Tuesday, with Bezos riding his company’s first crewed New Shepard rocket, alongside both the oldest and youngest people to ever have flown in space. The capsule carrying …
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, …
