Tag: Tesla

New Proposed Legislation Would Let Self-Driving Cars Operate in New York State

As self-driving car services from Alphabet’s Waymo, Amazon’s Zoox, and Tesla have slowly, quietly expanded across the US, one big, important state has mostly stayed mum: New York. The union’s fourth most populous state has some of the tightest laws governing autonomous vehicles, requiring companies approved to test in the state to only do so… Continue reading New Proposed Legislation Would Let Self-Driving Cars Operate in New York State

China takes big chunk of UK’s new car market

In December, almost one in five new cars registered in the UK came from Chinese brands. For professional or armchair industry watchers, that is a staggering statistic. Never have we seen disruption on this scale. The Japanese, the Koreans and even Tesla took years to gain a significant toehold here, and the Chinese have blown right past… Continue reading China takes big chunk of UK’s new car market

China says it has deal with EU on steps to resolve their dispute over EV imports

The value of battery-powered cars imported to Europe skyrocketed from $1.6 billion in 2020 to $11.5 billion in 2023. China said Monday it has reached a deal with the European Union on exports of Chinese made electric vehicles to the bloc. The Commerce Ministry in Beijing said the EU will be issuing guidelines on minimum… Continue reading China says it has deal with EU on steps to resolve their dispute over EV imports

Europe’s unloved auto sector may surprise investors in 2026: Klement

Finally, I assume that companies will continue to buy back their shares at roughly the same rate as they did last year. After two years of significant underperformance, the European automotive sector is finally showing signs ‍of a turnaround. Could this much-hated sector become an outperformer in 2026? Europe’s car manufacturers are in a terrible… Continue reading Europe’s unloved auto sector may surprise investors in 2026: Klement

Tesla Opens First Pop-Up Experience in Bengaluru

Tesla has announced the opening of its first pop-up experience center in Bengaluru, marking the electric vehicle manufacturer’s debut in the southern Indian city. The temporary facility will operate from January 15 to 31, 2026, at the ACKO Drive Service Centre in Kudlu Gate. The pop-up will feature four Tesla Model Y vehicles, allowing visitors… Continue reading Tesla Opens First Pop-Up Experience in Bengaluru

Elon’s xAI Is Losing Staggering Amounts of Money

BRENDAN SMIALOWSKI/AFP via Getty Images Elon Musk constructed his personal mythology around a pair of weighty accomplishments: building actual, stable businesses around both rockets and electric cars. So far, he has yet to accomplish the same thing around his AI business. According to documents obtained by Bloomberg, xAI recorded a net loss of $1.46 billion… Continue reading Elon’s xAI Is Losing Staggering Amounts of Money