Honda announces new EV line at CES
Honda has announced a new series of electric vehicles coming in 2026. The new EVs will launch globally, starting with a sedan in the US. The new line is known as the Honda 0 Series and […]
General Motors Sues San Francisco Over $108 Million Tax Bill Tied to Cruise
General Motors (GM) has taken legal action against the City of San Francisco, disputing a $108 million tax bill imposed on the automaker linked to its autonomous driving unit Cruise. GM contends that the tax […]
Tesla Is Making Gradual Progress in Bringing FSD to China
Tesla is actively working to deliver Full Self-Driving (FSD) available its customers in China, according to local media reports, citing a company insider. Delivering FSD is one of Tesla’s key goals. While the feature is […]
Cruise CEO Kyle Vogt resigns after company suspends driverless operations
Kyle Vogt, founder and CEO of Cruise, General Motors’ autonomous driving unit, has resigned. The departure follows a series of incidents that led Cruise to suspend all self-driving operations across the US, including a high-profile […]
Volvo announces the EM90 electric minivan
Volvo has officially announced the electric EM90 minivan. The EM90 will only be available in China at launch, and is expected to come with a driving range of up to 450 miles (724km) using the […]
Tesla Increases R&D in 2023, Exceeding Capex Spending of $9B
Tesla has increased spending on research and development (R&D) in 2023. The company reported that its capex spending will exceed $9 billion. Tesla expects to spend between $7 billion to $9 billion in each of […]
Tesla argues in court Autopilot not connected to fatal crash
Tesla has argued that its Autopilot system was not responsible for the fatal crash in which it is facing its first trial on its autonomous driving offering. Instead, Tesla’s legal team says the accident was caused by “classic […]
Morgan Stanley predicts Tesla’s Dojo supercomputer could add $500 billion to market value
Tesla’s Dojo supercomputer could become a game-changer for the company, potentially adding as much as $500 billion to their market value, according to Morgan Stanley. This prediction is rooted in the belief that Dojo’s capabilities […]
Tesla (TSLA) Should Be Traded Like Tech Stocks, Says Cathie Wood
Tesla (TSLA) should be valued like a tech company, and in trading it, treat the stock accordingly, says the founder and CEO of ARK Invest. Cathie Wood points out that Tesla robotaxis could be “the […]
Tesla New-Gen FSD Chip (HW5) May Be Supplied by Samsung: Report
Samsung is Tesla’s favorite to supply the next-generation chip (HW5) for autonomous driving, according to a report. The head of the company met with Elon Musk in late spring to discuss expanding cooperation in various […]
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