Musk’s bets on Tesla: human-like robots and self-driving cars

The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. REUTERS/Alexandria Sage/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Tesla’s (TSLA.O) most important products this year and next will not be cars, Chief Executive Elon Musk said on… Continue reading Musk’s bets on Tesla: human-like robots and self-driving cars

Rivian Plans to Spend $5 Billion on a Second EV Plant in Georgia

Rivian Automotive, an electric vehicle company that had an initial public offering last month, said on Thursday that it planned to spend $5 billion to build its second factory, in Georgia. The announcement, which came on the same day that Rivian said it lost $1.2 billion in the three months ending in September, was the… Continue reading Rivian Plans to Spend $5 Billion on a Second EV Plant in Georgia

Tesla is not working on its $25,000 electric car at the moment, says Elon Musk

Elon Musk confirmed that Tesla is not working on its previously announced $25,000 electric car right now because it has “too much on its plate”. At Tesla Battery Day in 2020, CEO Elon Musk announced that Tesla will be making a $25,000 electric car. The CEO commented in the announcement: Tesla will make a compelling… Continue reading Tesla is not working on its $25,000 electric car at the moment, says Elon Musk

Stellantis says it’ll increase share of China JV to boost Jeep, but partner says it didn’t agree

The maker of Jeep said on Thursday it will take majority ownership in its joint venture with one of its Chinese automaker partners in an effort to boost the SUV brand in a market particularly hungry for them. But Guangzhou Automobile Group Co. Ltd. said it didn’t know about the plans. Stellantis NV says it will increase its share to… Continue reading Stellantis says it’ll increase share of China JV to boost Jeep, but partner says it didn’t agree

Mercedes-Benz to develop solid-state batteries with Taiwan partner

SHANGHAI (Reuters) — Taiwanese battery maker ProLogium Technology Co on Thursday said it has signed a cooperation agreement with Daimler AG’s Mercedes-Benz to build test vehicles equipped with co-developed solid-state batteries in the coming years. ProLogium in a statement said it will receive “high double-digit” million euros in investment from the German luxury car maker… Continue reading Mercedes-Benz to develop solid-state batteries with Taiwan partner

Elon Musk says ‘don’t forget about my robots’ as Roadster, Semi, Cybertruck deadlines slip

What’s more important to Elon Musk? A hugely successful business selling critically lauded electric vehicles or the sci-fi dream of a humanoid robot that doesn’t exist outside of a slide deck? Well, if you’re familiar with Musk’s modus operandi, you won’t be surprised that Musk has declared the latter — a non-existent robot — to… Continue reading Elon Musk says ‘don’t forget about my robots’ as Roadster, Semi, Cybertruck deadlines slip

Musk’s bets on Tesla: no human drivers this year, robots next

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Tesla’s most important products this year and next will not be cars, CEO Elon Musk said on Wednesday, but software that drives… Continue reading Musk’s bets on Tesla: no human drivers this year, robots next

Taiwanese battery maker ProLogium inks investment deal with Mercedes-Benz …

Taiwanese battery maker ProLogium Technology Co on Thursday said it has signed a cooperation agreement with Daimler AG’s Mercedes-Benz to build test vehicles equipped with co-developed solid-state batteries in the coming years. ProLogium in a statement said it will receive “high double-digit” million euros in investment from the German luxury car maker which will also take a seat… Continue reading Taiwanese battery maker ProLogium inks investment deal with Mercedes-Benz …