Tesla’s June launch of its long-awaited “robotaxi” requires a lot of qualifiers: it was supervised, open only to a few invitees and included somewhere between 10-20 vehicles. The stock jumped 8% the day after the launch, and some participants and observers called it a success. The shares have largely given back that gain since then.… Continue reading We checked out Tesla’s supervised, invite-only robotaxi launch. Here’s what we saw
Author: CNBC Online news
Chinese battery giant and Tesla supplier CATL is expanding globally: Here’s why it matters
Aerial view of the headquarters of Contemporary Amperex Technology Co., Limited (CATL) on February 6, 2025 in Ningde, Fujian Province of China. Vcg | Visual China Group | Getty Images The world’s largest electric vehicle (EV) battery maker is going all-in on international expansion and could shake up the EV market in the process with… Continue reading Chinese battery giant and Tesla supplier CATL is expanding globally: Here’s why it matters
UK auto production for May slumps to lowest level since 1949 as Trump tariffs hit hard
General view of Land Rover cars outside the Jaguar Land Rover factory on April 7, 2025 in Halewood, England. Richard Martin-roberts | Getty Images News | Getty Images U.K. vehicle production fell sharply for a fifth straight month in May, according to new figures, as headwinds including U.S. President Donald Trump‘s trade policy hit the… Continue reading UK auto production for May slumps to lowest level since 1949 as Trump tariffs hit hard
British cars are being stolen and shipped within a day, fueling a multi-billion-pound crime bill
The theft of luxury cars is highly sophisticated and widespread, with Range Rovers just one of a number of targets for organized crime groups. Picture Alliance | Picture Alliance | Getty Images Cars are being stolen and shipped from the U.K. within 24 hours, according to a new report which found thefts are costing British… Continue reading British cars are being stolen and shipped within a day, fueling a multi-billion-pound crime bill
Tesla head of manufacturing Omead Afshar fired by Elon Musk
Elon Musk, chief executive officer of Tesla Inc., and Omead Afshar, left, leave an event at the site of the company’s manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019. Qilai Shen | Bloomberg | Getty Images Tesla CEO Elon Musk has fired Omead Afshar, the automaker’s vice president of manufacturing and operations, CNBC… Continue reading Tesla head of manufacturing Omead Afshar fired by Elon Musk
Tesla’s European car sales nosedive for fifth month as customers switch to Chinese EVs
A photo shows an electric car connected to a Tesla charging station (Tesla Supercharger) in Chasse-sur-Rhone, central France, on June 6, 2025. Alex Martin | Afp | Getty Images Tesla new car sales in Europe fell for a fifth straight month in May, according to data from the European Automobile Manufacturers Association, or ACEA, as… Continue reading Tesla’s European car sales nosedive for fifth month as customers switch to Chinese EVs
Uber, Waymo robotaxi service opens to passengers in Atlanta
Waymo partners with Uber to bring robotaxi service to Atlanta and Austin. Uber Technologies Inc. Uber and Alphabet‘s Waymo are now offering robotaxi rides to the public in Atlanta, as the companies continue expansion of their partnership. The Waymo robotaxis available through the Uber app will cover approximately 65 square miles around Atlanta, but will not yet… Continue reading Uber, Waymo robotaxi service opens to passengers in Atlanta
Getting Trump’s full tax break on car loans may mean buying a $130,000 vehicle
A Rolls-Royce Spectre all electric luxury coupe is displayed at Rolls-Royce Motor Cars dealership showroom in London. John Keeble | Getty Images News | Getty Images Republicans are trying to make good on President Donald Trump’s campaign promise to give Americans a tax break on their car loan interest. However, as structured, most households wouldn’t… Continue reading Getting Trump’s full tax break on car loans may mean buying a $130,000 vehicle
Tesla robotaxi incidents caught on camera in Austin draw regulators’ attention
A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, on June 22, 2025 Joel Angel Juarez | Reuters Tesla was contacted by the National Highway Traffic Safety Administration on Monday after videos posted on social media showed the company’s robotaxis driving in a chaotic manner on public roads in Austin,… Continue reading Tesla robotaxi incidents caught on camera in Austin draw regulators’ attention
Tesla stock pops 8% as Musk touts ‘successful’ robotaxi Austin launch
A Tesla Inc. robotaxi on Oltorf Street in Austin, Texas, on June 22, 2025. Tim Goessman | Bloomberg | Getty Images Tesla‘s Model Y robotaxi finally hit the road this weekend, sending shares of the electric vehicle maker up 8% on Monday. The EV giant debuted autonomous rides in Austin, Texas, on Sunday, opening the… Continue reading Tesla stock pops 8% as Musk touts ‘successful’ robotaxi Austin launch