Investigators look over the scene at a Tesla Collision Center after an individual used incendiary devices to set several vehicles on fire on March 18, 2025 in Las Vegas, Nevada. Ethan Miller | Getty Images A Las Vegas man has been arrested on charges related to the Molotov cocktail arson attack on Tesla vehicles in… Continue reading Man charged in Molotov cocktail attack on Teslas in Las Vegas
Author: CNBC Online news
Trump’s new auto tariffs will likely drive up car prices by thousands of dollars
Chevrolet Silverado trucks at a Chevrolet dealership in Vallejo, California, US, on Monday, March 3, 2025. Bloomberg | Bloomberg | Getty Images President Donald Trump‘s steep new tariffs on imported cars will likely jack up prices for U.S. buyers of both foreign and locally made vehicles, according to Wall Street analysts. Trump on Wednesday said… Continue reading Trump’s new auto tariffs will likely drive up car prices by thousands of dollars
Why GM stock is getting hit the hardest by Trump auto tariffs
The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico, on Feb. 11, 2021. Daniel Becerril | Reuters As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit. Shares of… Continue reading Why GM stock is getting hit the hardest by Trump auto tariffs
Ferrari says it will raise prices by 10% on some models to offset auto tariffs
The Ferrari logo is seen outside the Ferrari headquarters in Maranello, Italy. Ciancaphoto Studio | Getty Images Sport | Getty Images Ferrari said Thursday it will raise prices by 10% on certain models after April 1 in response to new U.S. auto tariffs, adding up to $50,000 to the price of a typical Ferrari. The… Continue reading Ferrari says it will raise prices by 10% on some models to offset auto tariffs
Detroit automaker shares fall after Trump’s tariff announcement
The border wall is shown in a background as a semi-truck carrying Toyota trucks crosses a bridge after clearing U.S. Customs while entering the United States from Mexico along the border in San Diego, California, on March 4, 2025. Mike Blake | Reuters Auto stocks are digesting President Donald Trump’s announcement that he would place… Continue reading Detroit automaker shares fall after Trump’s tariff announcement
Tesla shares drop on plunging European sales, concerns about Trump’s tariffs
White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC. Win McNamee | Getty Images Tesla shares fell almost 6% on Wednesday as data from Europe showed slowing sales last month, and investors grew… Continue reading Tesla shares drop on plunging European sales, concerns about Trump’s tariffs
Waymo will launch Washington, D.C., robotaxi service in 2026
Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025. Smith Collection/gado | Archive Photos | Getty Images Waymo’s officially on its way to the nation’s capital. The Alphabet-owned autonomous driving robotaxi service will be available in Washington, D.C., in 2026, the… Continue reading Waymo will launch Washington, D.C., robotaxi service in 2026
Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
EV cars are pictured inside BYD’s first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. Chalinee Thirasupa | Reuters Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as… Continue reading Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
FBI launches Tesla threats task force: ‘This is domestic terrorism’
Burned Teslas are shown at a Tesla Collision Center after an individual used incendiary devices to set several vehicles on fire on March 18, 2025 in Las Vegas, Nevada. Ethan Miller | Getty Images The FBI said on Monday that it has launched a task force to investigate scores of attacks in recent weeks targeting… Continue reading FBI launches Tesla threats task force: ‘This is domestic terrorism’
Tesla showroom in Texas targeted with ‘incendiary devices’, police say
A Tesla Cybertruck is parked in front of a showroom on March 20, 2025 in Austin, Texas. Brandon Bell | Getty Images Police said Monday that multiple “incendiary” devices had been placed at a Tesla showroom in Austin, Texas. FBI agents responded to the showroom after the Austin Police bomb squad identified the devices on… Continue reading Tesla showroom in Texas targeted with ‘incendiary devices’, police say