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Elon Musk says ‘China rocks’ while the U.S. is full of ‘complacency and entitlement’
CNBC – For more and to sign up click here Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. Aly Song | Reuters Tesla and SpaceX CEO Elon Musk lamented the “entitled” and “complacent” character of people......
Ford beats Wall Street earnings expectations after coronavirus shuttered factories
CNBC – For more and to sign up click here Ford (F) earnings Q2 2020 SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
Ford Bronco reservations far exceed expectations, say executives
CNBC – For more and to sign up click here The new Ford Bronco SUV is already exceeding company expectations ahead of arriving in dealer showrooms next year. More than 150,000 reservations have been made for the upcoming two- or four-door SUV, far surpassing Ford Motor’s initial expectations, according to......
GM swings to an $800 million loss as coronavirus shuttered factories and devastated sales in the second quarter
CNBC – For more and to sign up click here General Motors lost $806 million and burned through billions of dollars of cash in the second quarter in what is expected to be the worst three months of the year for the auto industry as the coronavirus pandemic shuttered factories and......
Why the complete version of Tesla Full Self-Driving will take longer than Elon Musk says it will
CNBC – For more and to sign up click here During Tesla’s 2019 Autonomy Day, Tesla CEO Elon Musk said the company is expected to have one million vehicles on the road by the end of 2020 that could function as robotaxis. Though the semi-autonomous Autopilot and Full Self-Driving, or......
Elon Musk chose ‘freedoms’ Texas offers for new Tesla factory, says state’s GOP governor
CNBC – For more and to sign up click here Gov. Greg Abbott said Friday that Elon Musk chose to build Tesla‘s next U.S. factory in Texas partly because the state offers more “freedom” than places such as California. “He wanted to get into a state where he had more......
Cramer says Tesla CEO Elon Musk is a ‘big thinker’ who makes us look like ‘Lilliputians’
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Thursday praised Tesla CEO Elon Musk for building a company that promises to be much more than just electric vehicles. “This man is selling technology, and he’s talking about fully assisted and then he’s talking about driverless.......
SEC Chair Clayton says he’s worried about short-term trading in stocks like Tesla
CNBC – For more and to sign up click here Jay Clayton, chairman of the SEC. Zach Gibson | Bloomberg | Getty Images The chairman of the Securities and Exchange Commission, Jay Clayton, said on Thursday that he is concerned that individual investors are deploying money for risky, short-term trades......
Tesla could see shares reverse in fourth quarter, says major bear who has a $300 target on the stock
CNBC – For more and to sign up click here Tesla shares could start to see a reversal in the fourth quarter after a huge rally this year, as the “flaws in the growth story” begin to show, according to one major bear. Barclays auto analyst Brian Johnson, who put......
Tesla will build its next Gigafactory near Austin, Texas
CNBC – For more and to sign up click here Tesla will build its newest Gigafactory near Austin, Texas, Chief Executive Elon Musk announced during the company’s earnings call on Wednesday. The area takes up about 2,000 acres and will be roughly 15 minutes from downtown Austin, Musk said. He......
Tesla reports fourth straight quarter of profits
CNBC – For more and to sign up click here This photo of a production version of Tesla’s Model Y was included in the company’s Q4 2019 earnings report. Tesla Tesla just reported its second-quarter results. Shares rose more than 6% after hours as the company beat expectations and reported......
Tesla, Porsche and Dodge create the most joy for owners, says J.D. Power
CNBC – For more and to sign up click here Tesla, Porsche and Dodge create the most joy for owners, says J.D. Power SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
Fiat Chrysler and Waymo sign exclusive deal on self-driving commercial vehicles
CNBC – For more and to sign up click here Fiat Chrysler and Waymo sign deal on self-driving commercial vehicles SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
Ford unveils electric Mustang Mach-E race car with 1,400 horsepower
CNBC – For more and to sign up click here Ford introduced the all-electric Mustang Mach-E 1400 – a one-of-a-kind prototype –to demonstrate the performance possibilities of all-electric vehicles. Ford Ford Motor has developed a racing version of its upcoming all-electric Mustang Mach-E crossover with 1,400 horsepower and a top speed......
Intel’s Mobileye and Ford ink deal on next-generation driving technology
CNBC – For more and to sign up click here Ford says its Active Drive Assist system will allow for hands-free driving on more than 100,000 miles of divided highways in the U.S. and Canada. Ford Ford Motor has reached a deal with Mobileye, an auto tech subsidiary of Intel, to support......
Chinese Tesla rival Xpeng Motors raises $500 million as it begins deliveries of new sedan
CNBC – For more and to sign up click here Xpeng Motors latest electric car is called the P7. Xpeng Motors Chinese electric car company Xpeng Motors has raised fresh funding as competition continues to heat up in China’s so-called new energy vehicle market. The $500 million funding came from......
Lyft to provide drivers with partition shields as coronavirus protection
CNBC – For more and to sign up click here Close-up of vertical sign with logos for ride-hailing companies Uber and Lyft. Smith Collection | Gado | Getty Images Lyft said on Friday it would distribute some 60,000 vehicle partition shields to its most-active drivers as a protection against the......