A drug-related revelation revealed Elon Musk's extremely tight personal and financial links to Tesla board members, lowering the carmaker's shares.
Automotive
VinFast Opens Its EV Manufacturing Plant In India To Create 3,500 Jobs
Vietnamese electric vehicle manufacturer VinFast expands its global footprint by inaugurating its first integrated manufacturing facility in Tamil Nadu, India, with an investment of $500 million, aiming to create 3,500 jobs.
China Expects Tesla to Update 8,700 Vehicles Over Camera Issues
Tesla is set to issue a software update to address rear camera issues affecting 8,700 vehicles in China amid ongoing regulatory scrutiny.
Elon Musk's Tesla Plans to Expand Gigafactory in Germany Hit a Roadblock — Here's Why Locals Vote It Down
Residents of the Grünheide town in Brandenburg, Germany, have rejected plans by Elon Musk's electric carmaker, Tesla, to expand its factory in the municipality just outside Berlin in a non-binding vote.
XPeng Considers Investing in 4,000 More Employees and AI as CEO Warns Tough EV Competition
Chinese EV company, XPeng is pushing all its might to production force after tough competition warning from CEO in its industry.
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Cultural flaws, incompetence, and poor leadership at Cruise caused regulatory difficulties and cover-up suspicions after an October 2023 pedestrian accident.
Tesla CEO Elon Musk told investors a cheaper EV will be produced later this year. Tesla CEO Elon Musk informed investors on Wednesday, January 24, that a more affordable variant of the electric vehicle (EV) would be released later this year.
Kia has unveiled its Platform Beyond Vehicle (PBV) future strategy at the CES 2024 in Las Vegas. Kia has unveiled its Platform Beyond Vehicle (PBV) future strategy at the 2024 Consumer Electronics Show (CES) in Las Vegas.
Several electric vehicle (EV) models, including the Nissan Leaf, Chevrolet Blazer EV, Tesla Cybertruck All-Wheel Drive, and some Tesla Model 3s, are no longer eligible for tax credits of up to $7,500.
Chinese tech giant Xiaomi unveiled its first EV model, the SU7, on Thursday, when it detailed plans to enter the competitive electric vehicle (EV) market.
The European Commission has proposed a three-year delay in implementing tariffs on electric vehicles (EVs) traded between the United Kingdom (UK) and the European Union (EU).
The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).
General Motors (GM) has unveiled a $10 billion accelerated share repurchase program and reinstated its 2023 earnings guidance.
Observing the overall stock markets, a report identified the five stock market sectors best for investment in 2017. Predicted to continue the upward trend and have lots of potential for profits are the automobile industry, building and construction, industrial machinery, toys sector, and water sector.
