Bird’s first-quarter earnings show a company struggling to maintain ridership and revenue, two legs of the profitability stool for the… Read More »Bird’s weak stock performance affects the entire e-scooter industry
Porsche has partnered with Mobileye, the autonomous driving unit that Intel became a public company last year, to bring hands-free… Read More »Porsche turns to Mobileye for automated driving features in future models
Tesla officially broke ground on a lithium refinery in Texas on Monday, becoming the only US automaker to refine its… Read More »Tesla’s new lithium refinery in Texas will support 1 million electric vehicles by 2025
VW Group has changed leadership at Cariad once again, just three years since the automaker created the software unit. On… Read More »Volkswagen shakes up Cariad software arm, again
Lyft shares were down sharply this morning, falling nearly 20% in early trading. The company’s capital is being sold on… Read More »Tepid investor reaction clouds Lyft’s new strategy
Driverless cars are it is often marketed as a safe and convenient means of travel that allows customers to watch… Read More »Why Halo bets on a remote car sharing service
Lyft shares plunged as much as 12% moments after the company reported first-quarter earnings as investors gave more weight to… Read More »Lyft shares tumble as investors react to gloomy outlook
After a nearly nine-month hiatus, Tesla has reopened orders for its long-range Model 3. The vehicle reappeared at the automaker… Read More »Tesla brings back the long-range Model 3 at 18% off
Baillie Gifford is buying nearly 44 million newly issued shares in Joby Aviation, a purchase that will provide a $180… Read More »Joby Aviation secures $180 million equity investment from returning sponsor Baillie Gifford
The Boring Company, Elon Musk’s project to build underground highways to ease traffic congestion, received approval Wednesday to expand its… Read More »Musk’s The Boring Company to expand Vegas Loop to 18 new stations