Tesla Q1 Earnings 7 Times More Than Year Ago
DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.
April 20, 2022Torc Demonstrates Progress on Road to Autonomous Trucking
ALBUQUERQUE, N.M. — Self-driving truck developer Torc Robotics is expanding its on-road testing and industry partnerships to advance its mission to make hub-to-hub autonomous trucking a reality in the United States by the end of this decade.
April 20, 2022Walmart Will Run Forklifts on ‘Green’ Hydrogen in Plug Power Deal
Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.
April 19, 2022Rivian’s EV Factory Remains Constrained by Chip Shortage
Rivian Automotive Inc.’s “launch mode” is impressive — at least on its trucks. The assembly lines are perfectly capable of cruising speed; they just need more computer chips.
April 18, 2022NHTSA Opens Two Defect Investigations Into Tesla Autopilot
The National Highway Traffic Safety Administration, which has the authority to force recalls, has opened two formal defect investigations that could ultimately lead Tesla Inc. to have to retrofit cars and restrict use of Autopilot in situations it still can’t safely handle.
April 18, 2022Twitter Adopts ‘Poison Pill’ Defense in Musk Takeover Bid
PROVIDENCE, R.I. — Twitter said April 15 that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company for more than $43 billion and take it private.
April 15, 2022Elon Musk Makes $43 Billion Bid to Take Twitter Private
Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it.
April 14, 2022What Happens When Police Pull Over a Driverless Vehicle? Watch.
Who gets a ticket in a driverless car? It turns out no one does, the San Francisco Police learned recently.
April 11, 2022Elon Musk Won’t Join Twitter’s Board
Twitter Inc.’s shares slid after Elon Musk decided not to join its board, a stunning twist to a weeklong saga that has captivated the tech community and touched off renewed speculation about the company’s future.
April 11, 2022Musk Says Tesla Will Build Vehicle Designed to Be a Robotaxi
AUSTIN, Texas — Tesla will build a vehicle dedicated for use as a robotaxi, and it will start making three new vehicles next year, CEO Elon Musk told fans at a party celebrating the opening of a Texas factory.
April 8, 2022