Carl Hahn Dies at 96; Made the VW Beetle Ubiquitous

“Without him, there would likely not have been the ads, which did indeed change the whole story for VW outside of Germany and did indeed result in a lot of needed healing, as well as revenue,” Andrea Hiott, the author of “Thinking Small: The Long, Strange Trip of the Volkswagen Beetle” (2012), said in an… Continue reading Carl Hahn Dies at 96; Made the VW Beetle Ubiquitous

Elon Musk’s Appetite for Destruction

I wanted to ask Musk to elaborate on his philosophy of risk, but he didn’t reply to my interview requests. So instead I spoke with Peter Singer, a prominent utilitarian philosopher, to sort through some of the ethical issues involved. Was Musk right when he claimed that anything that delays the development and adoption of… Continue reading Elon Musk’s Appetite for Destruction

Elon Musk Goes to Trial Over His 2018 Plan to Take Tesla Private

More than four years after he said he had secured the funding to take Tesla off the stock market, Elon Musk will try to defend that statement in a trial that began on Tuesday in a federal court in San Francisco. The case is brought by investors who claim Mr. Musk, the electric automaker’s chief… Continue reading Elon Musk Goes to Trial Over His 2018 Plan to Take Tesla Private

Tesla Cuts Prices Sharply as It Moves to Bolster Demand

New competitors are on the way, too. This year, General Motors is supposed to start making electric versions of its Chevrolet Silverado pickup and Chevrolet Blazer and Equinox sport utility vehicles. Tesla has also had trouble in China, its largest market, where a local manufacturer, BYD, is now the No. 1 electric vehicle brand. Tesla… Continue reading Tesla Cuts Prices Sharply as It Moves to Bolster Demand

Uber Drivers Say They Are Struggling: ‘This Is Not Sustainable’

When Lamin Jatta began driving a yellow cab in 2012, competition was stiff to procure a taxi for his shifts from a busy garage in Queens. Along with other drivers, he would have to slip up to $25 to a dispatcher to make sure he got a car. This cost, though unofficial, was on top… Continue reading Uber Drivers Say They Are Struggling: ‘This Is Not Sustainable’

Ford warned some F-150 Lightning owners about separate EV battery issue before this month’s fire

Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – A defective battery that caused a Ford F-150 Lightning in the company’s possession to catch fire earlier this month isn’t the only problem the Detroit automaker has recently… Continue reading Ford warned some F-150 Lightning owners about separate EV battery issue before this month’s fire

CNBC Daily Open: Markets fall on hot economy — and chance of 0.5% interest rate hikes

James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, delivers a speech in London, U.K., on Tuesday, Oct. 15, 2019. Luke MacGregor | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on… Continue reading CNBC Daily Open: Markets fall on hot economy — and chance of 0.5% interest rate hikes

CNBC Daily Open: Markets drop on hot economy — and chance of 0.5% interest rate hikes

James Bullard, president of Federal Reserve Bank of St. Louis, at the Jackson Hole economic symposium, in Moran, Wyoming, U.S., on Thursday, Aug. 22, 2019. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on… Continue reading CNBC Daily Open: Markets drop on hot economy — and chance of 0.5% interest rate hikes

How years of sensitive talks sealed Ford’s deal with a Chinese battery maker

This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading How years of sensitive talks sealed Ford’s deal with a Chinese battery maker

GM digs into mining business to lead race for EV metals

This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading GM digs into mining business to lead race for EV metals