Autonomous

Before Tesla Inc. CEO Elon Musk returned to the U.S. after a three-day visit to Germany, he made a final stopover to meet with one of his biggest competitors — Volkswagen AG CEO Herbert Diess.

Tesla Inc. fell as much as 4.2% in early Sept. 4 trading, heading for its first four-day losing streak since pandemic fears were at their height in mid-March.

Tesla Inc. shares are now officially in correction territory, in a week that saw the electric-vehicle maker announce a share sale that could dilute its value and a top holder say it would cut its stake nearly in half.

One year after Daimler Trucks purchased a majority share in U.S.-based Torc Robotics to develop Level 4 autonomous trucks, efforts have accelerated to bring out highly automated trucks within the decade, company executives said.

U.S. Department of Transportation officials unveiled an online tracking tool for the agency’s Automated Vehicle Transparency and Engagement for Safe Testing (AV TEST) Initiative on Sept. 2.

Automated trucking technology company Ike Robotics Inc. has reached agreements with three major companies to put its technology into at least 1,000 trucks.

Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a recent stock split that made it more accessible to individual investors.

Uber Technologies Inc. vowed to make public more safety information regarding its self-driving cars after the National Transportation Safety Board placed partial blame for a fatal 2018 crash on the company’s policies.

Bollinger Motors, a startup already developing an electric pickup truck and large SUV, plans to go into the commercial vehicle business.

Waymo launched testing of autonomous trucks in Texas and announced plans to make Dallas the center of its heavy-duty vehicle technology efforts.