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Musk reaches halfway point in his planned Tesla stock sales

With the most recent disposals, the Tesla CEO has sold 9.2 million shares worth about $9.9 billion......»»

Category: topSource:  autonewsNov 24th, 2021

Elon Musk loses at Supreme Court in case over “funding secured” tweets

Musk can't kill SEC settlement that requires pre-approval of tweets about Tesla. Enlarge / Elon Musk speaks at the Satellite Conference and Exhibition on March 9, 2020 in Washington, DC. (credit: Getty Images | Win McNamee ).....»»

Category: topSource:  arstechnicaRelated NewsApr 29th, 2024

Elon Musk loses appeal bid for "funding secured" case at U.S. Supeme Court

The justices turned away Musk's appeal of a lower court's decision upholding the 2018 settlement reached after he said on social media that he had "funding secured" to take Tesla private......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Why Tesla"s Full Self-Driving rollout in China matters

Enabling FSD in China would provide a buffer to Tesla's declining EV sales and allow the automaker to better compete with local rivals in the world's largest auto market where driver assistance and other connected car features are prized......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Manager took bribes in exchange for high-demand vehicles, lawsuit alleges

The sales manager of a luxury dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Get up to $900 off the Dell XPS 15 and Dell XPS 17 today

Both the Dell XPS 15 and 17 are heavily discounted at Dell with stock running low on these older but powerful options......»»

Category: topSource:  digitaltrendsRelated NewsApr 29th, 2024

Tesla clears key self-driving hurdles after Musk"s trip to China, report says

Tesla will partner with Baidu for mapping and navigation functions to deploy what it calls Full-Self Driving, according to people familiar with the matter......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

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

Huawei"s smart car tech offers Audi, other automakers route to China sales

Huawei's rapid emergence as a key auto supplier highlights the telecommunications equipment maker's drive for sources of growth after U.S. export controls pursued on national security grounds since 2019 hammered its businesses, especially smartphones.....»»

Category: topSource:  autonewsRelated NewsApr 27th, 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

Paleblue Earth batteries eliminate the one big pain point of rechargeables

Charging via USB-C and shipping in sustainable packaging too, Paleblue Earth's batteries are looking to make a difference......»»

Category: topSource:  theglobeandmailRelated 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

Putting Microsoft’s cratering Xbox console sales in context

Why declining quarterly numbers might not be awful news for Microsoft's gaming business. Enlarge / Scale is important, especially when talking about relative console sales. (credit: Aurich Lawson | Getty Images) Yesterda.....»»

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

Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million

CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

Genesis" Claudia Marquez: We"re "becoming completely independent" from Hyundai in U.S.

The premium spinoff is becoming more independent from its mainstream counterpart with stronger brand awareness, new products and strong sales......»»

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