Volvo’s New CEO Says Carmaker Must Smarten Up on Software
Volvo Car AB needs to be more in control of the software it develops and deploys in its vehicles, the automaker’s new CEO said.
Tesla Raises Prices Across Lineup
Tesla Inc. raised prices on all its vehicles after CEO Elon Musk said costs were increasing at the companies he runs.
BMW Recalls Almost 1 Million Cars Over Engine-Fire Risk
BMW AG recalled more than 917,000 cars in the U.S. — most of them for a second time — over an engine ventilation system that could overheat and increase the risk of fire.
Milton Has Sold $284 Million of Nikola Stock Since Fraud Charges
Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he has disposed of since August to $284 million.
Tesla Reportedly Delays Cybertruck by a Year to Late 2022
Tesla Inc.’s Cybertruck pickup has fallen about a year behind schedule, blog Electrek reported, citing remarks CEO Elon Musk made on a companywide call with employees.
EV Startups Lose More Than $40 Billion After Taking SPAC Route Public
At their highs, five electric vehicle startups that went public through mergers with special purpose acquisition companies were worth $60 billion. The corrections that followed have been brutal.
Musk Emerges as Loud Reopen Proponent With Tesla Threats
Tesla Inc. asserts that restarting its operations in the midst of the coronavirus pandemic doesn’t make the company an outlier, nor is it going against the grain.
Elon Musk Schedules ‘Blade Runner’-Inspired Pickup Truck Unveiling for Nov. 21
Tesla Inc. Chief Executive Officer Elon Musk set a date for the debut of the electric-car maker’s first pickup and further tied the truck to the famous sci-fi movie that inspired its design.
Infiniti Will Market Cars That Still Fill Up on Gas as Electric
Infiniti bills itself as being a convention challenger, but the Nissan Motor Co. luxury-car division still sees the future of electrification much like the era of internal combustion.
Tesla Loses More Executives in Midst of Musk’s Deliveries Push
Tesla Inc. executive departures are apparently picking up speed again, with reports saying the electric car maker has lost its head of Europe and a top engineering manager.