Tesla, looking to conquest, dangles cash bonus in key markets
In China, EV maker offers new buyers of top-selling EVs a cash bonus equivalent to almost $500 if they have a referral from an existing owner, deepening a price war......»»
New hemp standards for research and industry
Hemp (Cannabis sativa L.) research and commercial production has recently experienced a global revival motivated by passage of laws reversing long-standing prohibitions and by development in markets......»»
This new charger lets all EVs plug in without an adapter
The Omni Port has a Tesla-style J3400 plug as well as a CCS1 plug. Enlarge / The new ChargePoint Omni Port is actually a pair of cables. (credit: ChargePoint) Last year, a remarkable thing happened in the car world. Just.....»»
How Tesla"s NACS plug won over automakers
Tesla's charging connector is slimmer and easier to handle than the competing CCS standard. But what really convinced rival automakers to switch was Tesla's superior charging network, analysts say......»»
All the possible ways to destroy Google’s monopoly in search
What the future of search could look like as DOJ seeks to end Google's monopoly. Enlarge (credit: Aurich Lawson) After US District Judge Amit Mehta ruled that Google has a monopoly in two markets—general search service.....»»
Rivian Q2 net loss widens to $1.46 billion despite sales gains, cost cutting
Rivian said it ended the second quarter with $5.8 billion in cash and cash equivalents compared with $7.9 billion at the end of the 2023 calendar year. Revenue in the latest quarter was $1.16 billion, a 3.3 percent increase......»»
Tesla to fix 1.7 million vehicles in China, says market regulator
Tesla will fix 1.7 million vehicles in China according to the state market regulator......»»
Elon Musk says Tesla is an AI company now. Here’s how plausible that is.
As Tesla's core business starts to falter, CEO Elon Musk has robot fever. Enlarge (credit: Aurich Lawson | Getty Images) When Tesla recorded its first annual profit in 2020, it had done something fairly remarkable. Start.....»»
Best Back to School Apple deals – M3 MacBook Air $799, iPads from $300, AirPods, more from $23
The oficial Apple back to school deals were already announced, a yearly tradition for Cupertino at this point. But the “deals” were really more like the usual EDU discounts plus a bonus gift card with purchase – a notable and worthwhile option.....»»
Lucid reports Q2 net loss of $790 million; Saudi fund pledges additional $1.5 billion to the startup
Lucid delivered a record in the quarter and plans to launch a crossover this year. Lucid said its largest shareholder, Saudi Arabia's Public Investment Fund, will inject $1.5 billion in cash......»»
Google loses DOJ’s big monopoly trial over search business
Google's exclusive deals maintained monopolies in two markets, judge ruled. Enlarge (credit: FABRICE COFFRINI / Contributor | AFP) Google just lost a massive antitrust trial over its sprawling search business, as US dist.....»»
Aurora raises nearly $500 million more for self-driving technology efforts
Self-driving technology companies continue to suck up cash with Aurora, Cruise and Waymo getting more funding......»»
Gamification gets drivers to put down their phones, study finds
Gamification plus cash prizes worked even better. Enlarge / You should not do this while you are driving. (credit: Getty Images) Distracted driving isn't only a result of drivers using their phones when they should be p.....»»
Apple stock getting hammered after international market crashes
Following both news of Berkshire Hathaway's selling over half its holdings in the company, and a wider fear of recession taking a steep toll on international stock markets, Apple shares took a steep dive as trading began on Monday.Warren Buffett [Ber.....»»
Lucid to report Q2 earnings amid worries over cash burn, hopes for Gravity crossover
The EV startup, which launched the Air sedan in 2021, delivered a record 2,394 electric cars in the second quarter. But it also boosted sales incentives to $16,537 per car, Motor Intelligence said......»»
Group 1 finalizes acquisition of Inchcape; adds 54 U.K. dealerships to its portfolio
Group 1 Automotive Inc. has finalized its acquisition of global automotive group Inchcape, which has 54 U.K. dealerships. The acquisition was announced April 15; Group 1 paid $439 million in cash. It is expected the acquisition will add $2.7 billi.....»»
SiriusXM launches Podcasts+ within Apple Podcasts
SiriusXM is giving early access and bonus material to a number of its podcasts via a new SiriusXM Podcasts+ subscription within Apple's Podcasts app......»»
Credit Acceptance posts Q2 net loss of $47.1 million as auto lender revamps cash flow forecasting
The average Credit Acceptance second-quarter auto loan financed $26,816 in principal and interest, paid the dealership a $12,278 advance and was slated to run for 61 months......»»
Microsoft employees are set for a tasty bonus following record profits
Token gesture following an excellent performing quarter shows a company on the back foot following its latest round of layoffs in June......»»
Researchers explore the potential of clean energy markets as a hedging tool
Climate change has significantly impacted lives worldwide and prompted governments to adopt policies promoting sustainability and use of clean energy sources. This shift to clean energy has triggered increased investments in renewable energy and tech.....»»
Tesla software update fixes hood safety issue on 1.8M cars
Tesla has issued a software update for 1.85 million of its vehicles in the U.S. to fix a safety issue involving the hood......»»