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Elon Musk sells $6.9 billion worth of Tesla shares, says he"ll buy them back

Elon Musk once said his money will be the "last out" of Tesla, but he's selling massive amounts of Tesla stock – again. Musk unloaded a decent chunk of his Tesla shares in April, ahead of a planned Twitter buyout. And now, according to regulato.....»»

Category: topSource:  informationweekAug 10th, 2022

Elon Musk lands in China as Tesla seeks self-driving tech rollout; GM"s Mary Barra visited Beijing Friday

Tesla's CEO has said Tesla may make Full Self-Driving technology available to customers in China "very soon." GM CEO Mary Barra was seen at the Beijing auto show on Friday, reports say......»»

Category: topSource:  autonewsRelated NewsApr 28th, 2024

BMW to invest another $2.76 billion in China

BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»

Category: topSource:  autonewsRelated NewsApr 27th, 2024

Tesla"s plan for affordable cars takes page from Detroit rivals

Tesla has said it will use a current platform and production lines to produce what it called "more affordable" models by early next year......»»

Category: topSource:  autonewsRelated NewsApr 27th, 2024

Tesla’s 2 million car Autopilot recall is now under federal scrutiny

NHTSA has tested the updated system and still has questions. Enlarge / A 2014 Tesla Model S driving on Autopilot rear-ended a Culver City fire truck that was parked in the high-occupancy vehicle lane on Interstate 405. (credit: C.....»»

Category: topSource:  arstechnicaRelated NewsApr 27th, 2024

Message-scraping, user-tracking service Spy Pet shut down by Discord

Bot-driven service was also connected to targeted harassment site Kiwi Farms. Enlarge (credit: Discord) Spy Pet, a service that sold access to a rich database of allegedly more than 3 billion Discord messages and details.....»»

Category: topSource:  arstechnicaRelated NewsApr 27th, 2024

BMW to invest a further $2.76 billion in key market China

BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

The Tesla Model Y is at its lowest price yet — but should you buy one?

The Tesla Model Y was already one of the cheapest electric cars in its class, but it's now getting even cheaper. Should you buy one?.....»»

Category: topSource:  digitaltrendsRelated NewsApr 26th, 2024

Tesla"s recall of 2 million vehicles for Autopilot issues being probed by NHTSA

The agency wants to know if Tesla's December recall of more than 2 million vehicles to install new Autopilot safeguards is adequate......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock

The dealership group saw continued revenue gains in financial services and service and parts revenue......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

Top 5 stories of the week: GM, Ford and Tesla earnings; lowest-cost EVs

A quick look at the week's top automotive stories.....»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

5 defining moments from Tesla"s Q1 earnings

Industry analysts expected bad news from Tesla's first-quarter earnings report after weak sales. But CEO Elon Musk provided an upbeat narrative by announcing new affordable models for next year......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

Quality woes hurt Ford earnings as GM outlook improves

Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

Tesla"s recall of 2 million vehicles for Autopilot issues now being probed by NHTSA

The agency wants to know if Tesla's December recall of more than 2 million vehicles to install new Autopilot safeguards is adequate......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

Tesla"s freshened Model 3 Performance is a crazy fast, 510-hp bargain

Tesla adds adaptive suspension, improved sport seats and carbon-fiber interior accents. The performance trim is also the only Model 3 eligible for the $7,500 EV credit, making it a bargain......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana

This is a different new 3-row EV from the one Toyota will build in Kentucky. Enlarge / This Toyota factory in Indiana is getting a $1.4 billion investment so it can assemble a new three-row electric SUV for the automaker. (credit.....»»

Category: topSource:  arstechnicaRelated NewsApr 25th, 2024

Garry’s Mod is taking down 20 years’ worth of “Nintendo Stuff”

Creator: "They don't want you playing with that stuff... we have to respect that." Enlarge / "5ario" here won't be on the Garry's Mod Steam Workshop for long. (credit: Steam / LmaoSPW) The popular long-running Source-eng.....»»

Category: topSource:  arstechnicaRelated NewsApr 25th, 2024

Honda to spend $11 billion on four EV factories in North America

The new facilities are in addition to the previously announced EV hub in Ohio. Enlarge / Honda is investing CAD$15 billion (US $11 billion) to expand EV manufacturing in North America with four sites in Ontario, Canada. (credit:.....»»

Category: topSource:  arstechnicaRelated NewsApr 25th, 2024

Solar geoengineering to cool the planet: Is it worth the risks?

When I first wrote about geoengineering in 2012 , it was considered far-fetched at best, and crazy by most. But 12 years later, while there is still controversy and considerable resistance to deploying it, respectable scientists and institutions are.....»»

Category: topSource:  physorgRelated NewsApr 25th, 2024

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this decade to 2040......»»

Category: topSource:  physorgRelated NewsApr 25th, 2024

Toyota invests $1.4 billion in Indiana plant for large EV

The investment will add 340 jobs and a new battery pack assembly line, but details signal that either the Toyota Sienna or Toyota Highlander will become a full EV in 2026......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024