The parent company of Mercedes-Benz is in talks to build electric versions of its tiny Smart branded cars in China with a local partner, Bloomberg reported Monday, citing anonymous sources.
Author: CNBC Online news
Alphabet tests a new use for self-driving cars: to get you to the bus stop
Alphabet-owned Waymo is piloting a new use for its self-driving cars: dropping people off at the bus station.
Ford’s Bullitt Mustang rides again. Can McQueen’s car restore shine to faded blue oval?
When Ford unveiled the car at the Detroit Auto Show in January, the automaker pulled out all the stops, including having McQueen’s granddaughter Molly ride on stage in one of the original models used to make the movie. “I got emotional when I saw Molly McQueen talk about that car because it is the idea… Continue reading Ford’s Bullitt Mustang rides again. Can McQueen’s car
restore shine to faded blue oval?
Analyst: Hopefully Elon Musk won’t ‘rant’ again and overshadow Tesla earnings
Another “rant” by Tesla CEO Elon Musk could eclipse what is expected to be a great quarter for the electric car maker, one analyst told CNBC on Tuesday.
Trump trade war will add $3,000 to price of some popular pickup trucks, minivans, Toyota says
The Trump administration’s trade war will make Toyota pickup trucks and minivans more expensive, adding about $3,000 to the sticker price of some of its best-selling automobiles, Toyota executives said after reporting record profits Friday.
Tesla had its best day in over 4 years after promises of a profitable second half
Shares of Tesla closed more than 16 percent up Thursday, a day after CEO Elon Musk and the automaker promised a profitable second half of 2018 during its second-quarter earnings report.
Fiat-Chrysler shares jump nearly 4% as Magneti Marelli spinoff appears more likely
Fiat-Chrysler Automobiles has rebuffed buyers interested in its automotive parts unit Magneti Marelli and is holding fast to its plan to spin off the business, reported Bloomberg Thursday, citing sources.
Tesla shorts lose more than $1 billion on post-earnings surge
Investors betting against Tesla lost more than $1 billion Thursday as the company’s shares rallied the most in over two years, according to estimates from financial technology firm S3 Partners.
Elon Musk’s apology ‘sounded like someone was ripping his spleen out,’ NYU’s Scott Galloway says
Tesla CEO Elon Musk may have apologized to his stakeholders on this week’s earnings call for his erratic behavior three months ago, but New York University professor Scott Galloway wasn’t impressed.
Highlights of Elon Musk on Tesla’s earnings call: ‘I would like to apologize’
I would like to apologize for being impolite on the prior call. Obviously I think there’s really no excuse for bad manners and I was violating my own rule in that regard. There are reasons for it, I got no sleep, 120 hour weeks, but nonetheless, there is still no excuse, so my apologies for… Continue reading Highlights of Elon Musk on Tesla’s earnings call: ‘I would
like to apologize’