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Business, Technology, Autonomous

SAF-Holland to Supply Air Suspension for VW E-Delivery Truck in Brazil

VW e-vehicle SAF-Holland

SAF-Holland announced it has been selected to supply the rear-drive air suspensions for the new VW electric delivery truck in Brazil.

August 3, 2020
Business, Technology, Fuel, Autonomous

Tesla’s ‘Mind-Boggling’ Value Leads Bernstein to Downgrade

The Tesla Gigafactory in Shanghai, China, stands illuminated at night. The Tesla Gigafactory in Shanghai, China, stands illuminated at night. (Qilai Shen/Bloomberg News)

Tesla Inc.’s soaring valuation led to a downgrade by Sanford C. Bernstein analyst Toni Sacconaghi on July 28, who said it is difficult to justify the market capitalization even using best-case scenarios.

Esha Dey | Bloomberg News
July 28, 2020
Business, Technology, Fuel, Autonomous

VW CEO Herbert Diess Lauds Elon Musk Over Tesla’s Earnings

Elon Musk waves during the Satellite 2020 Conference in Washington on March 9. Elon Musk waves during the Satellite 2020 Conference in Washington on March 9. (Andrew Harrer/Bloomberg News)

Volkswagen AG’s CEO again praised Tesla Inc.’s Elon Musk, this time for showing it’s possible to profit off electric cars even in the midst of a global pandemic.

Christoph Rauwald | Bloomberg News
July 24, 2020
Business, Technology, Autonomous

Tesla to Build Factory in Austin, Texas, for Semi Production

Tesla electric vehicles charge at the Tesla Supercharger station in Fremont, Calif., on July 20. Tesla electric vehicles charge at the Tesla Supercharger station in Fremont, Calif., on July 20. (Nina Riggio/Bloomberg News)

Tesla Inc. managed to stay profitable even in the midst of a global pandemic, but something is still nagging at Elon Musk: the electric-car maker isn’t growing fast enough.

Dana Hull and Ed Ludlow | Bloomberg News
July 23, 2020
Business, Technology, Autonomous, TCA

FCA, Waymo Extend Autonomous Partnership

Waymo vehicle Four years ago, FCA began providing its Chrysler Pacifica Hybrid minivans to Waymo to test self-driving technology. (Waymo)

Fiat Chrysler Automobiles and Google affiliate Waymo said July 22 they are extending their partnership in the development and testing of autonomous vehicles for commercial delivery and for future FCA products.

Breana Noble | The Detroit News
July 22, 2020
Government, Business, Technology, Fuel, Autonomous

Tesla Slashes Deposit for China Customers to Just $143

The Tesla logo is seen outside one of the company's showrooms in Beijing, China. The Tesla logo is seen outside one of the company's showrooms in Beijing, China. (Giulia Marchi/Bloomberg News)

Tesla Inc. lowered the deposit that buyers in China have to put down on its cars, seeking to keep sales momentum in the face of intensifying competition and reductions in the government’s electric-vehicle subsidies.

July 22, 2020
Business, Technology, Autonomous

Class 8 Trucks to Be Part of Aurora’s Autonomous Testing in Texas

Aurora Peterbilt Aurora via YouTube

Autonomous vehicle technology developer Aurora plans to launch testing of self-driving Peterbilt Class 8 trucks and smaller vehicles that can be used for package delivery in the Dallas-Fort Worth area this year.

Jerry Hirsch | Contributing Writer
July 20, 2020
Government, Business, Technology, Fuel, Autonomous, TCA

Texas County Gives Thumbs Up to Tesla Factory Tax Break

The Tesla company logo is seen on teh rear deck of an unsold 2020 Model X at a dealership in Colorado on April 26. The Tesla company logo is seen on the rear deck of an unsold 2020 Model X at a dealership in Colorado on April 26. (David Zalubowski/Associated Press)

The prospect of a Tesla Inc. factory in the Austin, Texas, area has moved a big step closer to reality, after Travis County commissioners on July 14 approved tax breaks the electric vehicle maker requested.

Bob Sechler | Austin American-Statesman
July 15, 2020
Business, Technology, Autonomous

Navistar, TuSimple Partner to Launch Self-Driving Trucks in 2024

TuSimple  truck TuSimple

Truck and engine maker Navistar International Corp., and TuSimple, a global self-driving technology company, announced July 15 a strategic partnership to co-develop SAE Level 4 self-driving trucks targeted for production by 2024.

Roger Gilroy | Senior Reporter
July 15, 2020
Business, Technology, Fuel, Autonomous

Tesla Shares Take a Breather After Historic Run

A man walks past a Tesla Model X electric vehicle on display at a showroom in Hong Kong. A man walks past a Tesla Model X electric vehicle on display at a showroom in Hong Kong. (Justin Chin/Bloomberg News)

After a torrid rally that saw shares more than double since early May, Tesla Inc. is taking a pause on July 15, even as the broader market rises on the hopes for a coronavirus vaccine.

Esha Dey | Bloomberg News
July 15, 2020

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