(Bloomberg) — Xiaomi Corp. reported quarterly profit from its electric vehicle business for the first time, a major milestone for the smartphone maker’s ambitious foray into the crowded market. Most Read from Bloomberg The company’s EV division, which sold its first car last year, posted a profit of 700 million yuan ($98 million) in the… Continue reading Xiaomi’s EV Arm Makes a Profit for the First Time
Tag: Tesla
Tesla Robotaxi had 3 more crashes, now 7 total
Tesla reported three more crashes involving its Robotaxis in Austin, Texas – now bringing the total to 7 incidents despite low mileage and in-car supervisors preventing more accidents. Since the launch of the ‘Robotaxi’ service in Austin, Texas, where Tesla moved the supervisor from the driver’s seat to the passenger seat, it now has to… Continue reading Tesla Robotaxi had 3 more crashes, now 7 total
Clean Technica: US EV Sales — Forecasts for 2026 & 2030004254
Support CleanTechnica’s work through a Substack subscription or on Stripe. In the video below, Jose Pontes, Larry Evans, Steve Hanley, and I discuss the US electric vehicle market, EV policies in the country, and what we expect for EV share of the US auto market in 2026 and in 2030. Naturally, this includes talk about… Continue reading Clean Technica: US EV Sales — Forecasts for 2026 & 2030004254
Clean Technica: Musk’s Compensation Dream Is A Reality — So What Comes Next?004253
Support CleanTechnica’s work through a Substack subscription or on Stripe. Tesla CEO Elon Musk’s compensation package is a done deal, and now we are immersed in the waiting game. Was it only two years ago in which Master Plan 3 was released, with its laser focus on sustainable energy? Not anymore. Now Musk is pushing… Continue reading Clean Technica: Musk’s Compensation Dream Is A Reality — So What Comes Next?004253
Taking a ride in London’s first autonomous taxi
The Moia programme will move to the US in 2026 using 10,000 ID Buzz vans operated by Uber. Currently the manufacturer operates a trial scheme in Hamburg, Germany. Next year it hopes to reach the point when it can tell regulators “we’re better than a human”, according to Senger. Moia is banking on winning around regulators not just… Continue reading Taking a ride in London’s first autonomous taxi
Luminar is fighting with its biggest customer as bankruptcy threat looms
Swedish automaker Volvo has canceled a five-year-old contract with Luminar, the latest escalation in an increasingly ugly brawl between the lidar sensor company and its biggest customer. The fight is happening during an existential moment for Luminar. The company recently defaulted on several of its loans. While it’s working with those lenders on a resolution,… Continue reading Luminar is fighting with its biggest customer as bankruptcy threat looms
Tesla settles another lawsuit over Autopilot crash, 4th since losing first trial
Tesla has settled another lawsuit involving its Autopilot driver-assist system, which is alleged to have caused a crash. This time, a 2020 Model Y on Autopilot crashed into a stationary police vehicle in Texas. This is Tesla’s fourth known settlement in lawsuits involving Autopilot crashes since losing its first trial earlier this year. The case,… Continue reading Tesla settles another lawsuit over Autopilot crash, 4th since losing first trial
Tesla pushing suppliers to cut all China-made parts for US cars
Tesla is reportedly telling its suppliers to remove all China-made components from parts bound for its US-based factories, a significant acceleration of its effort to decouple its US supply chain from China. The move, first reported by the Wall Street Journal, is a fresh example of the fallout from the deepening trade and geopolitical tensions… Continue reading Tesla pushing suppliers to cut all China-made parts for US cars
Peter Thiel slashes Tesla (TSLA) stake as Elon Musk warns shorts
Billionaire investor Peter Thiel’s fund, Thiel Macro LLC, has significantly cut its position in Tesla (TSLA), according to a new Q3 2025 13F filing. Thiel, who is close to Musk, is retreating from his Tesla investment at a time when the CEO told shareholders to “hold on” to their stocks and warned TSLA shorts. The… Continue reading Peter Thiel slashes Tesla (TSLA) stake as Elon Musk warns shorts
AI Startups Sakana, Turing Get Funds as Japan’s Attraction Grows
(Bloomberg) — Two of Japan’s most promising tech firms together secured more than ¥35 billion ($230 million) of financing this week, underscoring growing investor interest in the country’s burgeoning AI scene. Japanese self-driving tech startup Turing Inc. said Monday it raised about ¥15.3 billion from investors including Toyota Motor Corp. supplier Denso Corp. Separately, Sakana… Continue reading AI Startups Sakana, Turing Get Funds as Japan’s Attraction Grows