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 on Tuesday announced it is expanding its service to include another 27 square miles of coverage around the San Francisco Bay Area. With… Continue reading Waymo expands its robotaxi service again, this time to parts of Silicon Valley
Author: CNBC Online news
How Elon Musk’s Trump support could hurt — or help — Tesla
Elon Musk has become, in some people’s words, President Donald Trump’s ‘first buddy.’ But the Trump administration’s moves to strip away a lot of EV-friendly policies have led some Tesla investors, analysts, and EV researchers to insist this will all be disastrous for the company, the largest U.S. EV maker by far. More bullish analysts… Continue reading How Elon Musk’s Trump support could hurt — or help — Tesla
Trump calls Tesla boycott ‘illegal’ and says he’s buying one to support Elon Musk
U.S. President-elect Donald Trump walks with Elon Musk before attending a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, U.S., November 19, 2024. Brandon Bell | Via Reuters President Donald Trump shared his intent to purchase a Tesla on Tuesday to support Elon Musk as the… Continue reading Trump calls Tesla boycott ‘illegal’ and says he’s buying one to support Elon Musk
Nissan CEO Makoto Uchida to step down on April 1, planning officer Espinosa named successor
Nissan Motor CEO Makoto Uchida attends a press conference on February 13, 2025, in Yokohama, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Nissan CEO Makoto Uchida will step down from his position on April 1, the company said in a release Tuesday. He will be replaced by current Chief Planning Officer Ivan Espinosa.… Continue reading Nissan CEO Makoto Uchida to step down on April 1, planning officer Espinosa named successor
Volkswagen expects revenue to grow in 2025, says it feels ‘all-American’ as tariffs loom
The new Volkswagen ID. EVERY1 is displayed during the presentation during the presentation of the Volkswagen ID. EVERY1 on March 5, 2025 in Dusseldorf, Germany. Andreas Rentz | Getty Images German autos giant Volkswagen reported a 15% year-on-year drop in annual operating profit on Tuesday, citing increasing costs and “extraordinary expenses” associated with its restructuring… Continue reading Volkswagen expects revenue to grow in 2025, says it feels ‘all-American’ as tariffs loom
DOGE chief Musk says he’s running his businesses ‘with great difficulty,’ as Tesla shares tank
White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump (not pictured) on March 9, 2025 in Washington, DC. Samuel Corum | Getty Images DOGE chief Elon Musk said Monday that he is running his businesses “with great difficulty,” as… Continue reading DOGE chief Musk says he’s running his businesses ‘with great difficulty,’ as Tesla shares tank
Trump finds unexpected ally in auto union leader over tariffs
United Automobile Workers (UAW) President Shawn Fain speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Mandel Ngan | AFP | Getty Images DETROIT — The head of the United Auto Workers has become an unexpected ally for President Donald Trump‘s plans… Continue reading Trump finds unexpected ally in auto union leader over tariffs
Tesla shares plunge 15%, suffering steepest drop in five years
People gather in a protest outside a Tesla dealership in Lisbon against Tesla and SpaceX CEO Elon Musk on March 9, 2025. Patricia De Melo Moreira | Afp | Getty Images Tesla’s sell-off on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since… Continue reading Tesla shares plunge 15%, suffering steepest drop in five years
Volkswagen and Stellantis evade Trump’s 25% tariffs, while BMW braces for impact
Volkswagen ID.7 electric cars are seen at the Volkswagen (VW) electric fleet lead plant in Emden, Germany, Feb. 18, 2025. Carmen Jaspersen | Reuters Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S. President Donald Trump‘s newly rolled out 25% tariffs, while BMW says it will… Continue reading Volkswagen and Stellantis evade Trump’s 25% tariffs, while BMW braces for impact
Goodyear Tire’s transformation plan is underway — in the sky and on the ground
A Goodyear blimp flies Goodyear AKRON, Ohio — Does the Goodyear blimp sell tires? That was one question veteran auto executive Mark Stewart had when he started as CEO of Goodyear Tire & Rubber Co. a little more than a year ago, seeking to lead a transformation plan for the quintessential American company. For a… Continue reading Goodyear Tire’s transformation plan is underway — in the sky and on the ground