The logos of Google Gemini, ChatGPT, Microsoft Copilot, Claude by Anthropic, Perplexity, and Bing apps are displayed on the screen of a smartphone in Reno, United States, on November 21, 2024. Jaque Silva | Nurphoto | Getty Images Merriam-Webster declared “slop” its 2025 word of the year on Monday, a sign of growing wariness around… Continue reading Merriam-Webster declares ‘slop’ its word of the year in nod to growth of AI
Author: CNBC Online news
Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin
A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. The launch of Tesla Inc.’s driverless taxi service Sunday is set to begin modestly, with a handful of vehicles in limited areas of the city. Photographer: Tim Goessman/Bloomberg via Getty Images Tim Goessman |… Continue reading Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin
Ford to record $19.5 billion in special charges related to EV pullback
watch now DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday. The Detroit automaker said most of those charges will occur during the fourth quarter. That will be followed by $5.5… Continue reading Ford to record $19.5 billion in special charges related to EV pullback
Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain
Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California. Lora Kolodny | CNBC Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric… Continue reading Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain
Rivian announces new AI tech, chip and robotaxi ambitions
Rivian debuted new tech at its first “Autonomy and AI Day” in Palo Alto, California, Dec. 11, 2025. Credit: Rivian PALO ALTO, Calif. – Shares of Rivian Automotive declined 6.1% Thursday after the electric vehicle maker held its first “Autonomy and AI Day,” with plans to eventually launch self-driving EVs. Rivian CEO RJ Scaringe and… Continue reading Rivian announces new AI tech, chip and robotaxi ambitions
Rivian turns to AI, autonomy to woo investors as EV sales stall
Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters DETROIT — Rivian Automotive will let artificial intelligence take the wheel to try to convince investors that its future can be more lucrative than its past. The all-electric vehicle… Continue reading Rivian turns to AI, autonomy to woo investors as EV sales stall
Stellantis to bring tiny Fiat car to U.S. following Trump remarks
Stellantis plans to offer the Fiat Topolino, an all-electric quadricycle vehicle, in the U.S. Stellantis DETROIT – Chrysler parent Stellantis on Monday announced it will offer an all-electric small “car” called the Fiat Topolino in the U.S. The automaker did not announce timing for the vehicle, but Fiat CEO Olivier François confirmed plans to bring… Continue reading Stellantis to bring tiny Fiat car to U.S. following Trump remarks
Waymo crosses 450,000 weekly paid rides as Alphabet robotaxi unit widens lead on Tesla
Waymo driverless taxi parks in lower Manhattan in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters Waymo, the robotaxi unit owned by Alphabet, has crossed 450,000 weekly paid rides, according to a letter from investor Tiger Global viewed by CNBC. That’s almost double the milestone it hit in April, when Waymo reported… Continue reading Waymo crosses 450,000 weekly paid rides as Alphabet robotaxi unit widens lead on Tesla
SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports
Dado Ruvic | Reuters Elon Musk’s SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 billion, The Wall Street Journal reported Friday. SpaceX is also telling some investors it will consider going public possibly around the end of next year, the report said. At the elevated… Continue reading SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports
Tesla gains in 2026 Consumer Reports’ auto brand rankings
Refreshed versions of the Tesla Model Y are shown outside a Tesla store in San Diego, California, U.S. October 21, 2025. Mike Blake | Reuters DETROIT — U.S. electric vehicle sales leader Tesla made notable strides in Consumer Reports’ influential annual auto brand rankings, cracking the top 10 overall for the U.S. The EV manufacturer… Continue reading Tesla gains in 2026 Consumer Reports’ auto brand rankings