Tag: Tesla

Travis Kalanick is trying to buy Pony AI — and Uber might help

Uber founder Travis Kalanick is looking for ways to buy the U.S. arm of Chinese autonomous vehicle company Pony AI, according to The New York Times. Kalanick is reportedly working with investors to finance an acquisition, and Uber may even help make the transaction happen, the Times reports. Pony AI went public last year and… Continue reading Travis Kalanick is trying to buy Pony AI — and Uber might help

Uber has Atlanta’s autonomous ride-hailing and delivery market on lock

Uber Eats customers in Atlanta can now opt in to have their food delivered via sidewalk delivery robots, following partner Serve Robotics’s launch on Thursday. The move comes just two days after Uber and Waymo launched a commercial robotaxi service in the city.  Serve, which spun out of Uber in 2021 before braving the public… Continue reading Uber has Atlanta’s autonomous ride-hailing and delivery market on lock

Tesla head of manufacturing Omead Afshar fired by Elon Musk

Elon Musk, chief executive officer of Tesla Inc., and Omead Afshar, left, leave an event at the site of the company’s manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019. Qilai Shen | Bloomberg | Getty Images Tesla CEO Elon Musk has fired Omead Afshar, the automaker’s vice president of manufacturing and operations, CNBC… Continue reading Tesla head of manufacturing Omead Afshar fired by Elon Musk

May 2025 new car pre-registration figures

SMMT released figures for May pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in May 2025 that were defined as pre-registrations. The Supply of New Cars Order 2000 requires motor manufacturers to publish the number of pre-registered cars supplied and the gross income received… Continue reading May 2025 new car pre-registration figures

Automotive Glass Market Set to Reach USD 28.3 Billion by 2032 – Meticulous Research®

Electric Vehicle Adoption, Smart Glass Innovation, and Rising Safety Standards Drive 8.9% CAGR Growth Across Global Automotive Industry REDDING, Calif., June 26, 2025 /PRNewswire/ — The automotive glass market is experiencing remarkable growth momentum, with market valuation projected to surge from USD 15.2 billion in 2024 to USD 28.3 billion by 2032, representing a robust… Continue reading Automotive Glass Market Set to Reach USD 28.3 Billion by 2032 – Meticulous Research®

Europeans angry with Musk still aren’t buying his cars as Tesla sales drop for fifth month in a row

NEW YORK (AP) — Europeans still aren’t buying Teslas (TSLA) with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now. Tesla sales fell 28% last month in 30 European countries even as the… Continue reading Europeans angry with Musk still aren’t buying his cars as Tesla sales drop for fifth month in a row

Will NIO’s Q2 Sales Volume Rebound Stabilize Its Cash Flow?

NIO Inc.’s NIO cash outflow from operating activities rose to RMB 7.8 billion in 2024, up from RMB 1.38 billion reported in 2023. It experienced a further decline in its cash position in the first quarter of 2025, partly due to seasonal fluctuations in vehicle sales. Sales dropped to 42,000 units in the first quarter… Continue reading Will NIO’s Q2 Sales Volume Rebound Stabilize Its Cash Flow?

Xiaomi launches YU7, undercutting Tesla’s Model Y on price

By Qiaoyi Li, Che Pan and Brenda Goh BEIJING (Reuters) -Chinese EV and smartphone maker Xiaomi on Thursday priced its new electric YU7 SUV from 253,500 yuan ($35,364), almost 4% below Tesla’s Model Y, stepping up the challenge to the U.S. firm in the world’s largest auto market. The YU7’s base model costs 10,000 yuan… Continue reading Xiaomi launches YU7, undercutting Tesla’s Model Y on price

Must-Watch EV and AV Stocks to Supercharge Your Portfolio

An updated edition of the March 13, 2025 article. Electric and autonomous vehicles are no longer just the future—they’re quickly becoming the present. Per BloombergNEF, global electric vehicle (EV) sales are expected to hit nearly 22 million this year, a sharp 25% jump from last year. One in every four cars sold this year will… Continue reading Must-Watch EV and AV Stocks to Supercharge Your Portfolio