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SELF DRIVING VEHICLES
China's WeRide enters Denmark, extending European footprintEurope has emerged as a key growth market for China's autonomous driving companies, following an earlier push into the Gulf region, as th...- Idaho In-N-Out shooting: ‘Disgusting human who doesn’t value...’ president breaks silence as worker killed days after July 25 openingIn-N-Out Burger Idaho shooting: An In-N-Out Burger Idaho worker was killed in the deadly Twin Falls shooting at the chain’s newly opened re...
- Elon Musk loses nearly half of his wealth as SpaceX shares crash 46%. More downside ahead?Musk’s wealth peaked at around $1.33 trillion on June 16, when SpaceX shares soared to a lifetime closing high of nearly $202 apiece. Howev...
- US regulator advances rules for steering wheel-free autonomous carsFederal regulators are allowing robotaxis to operate without steering wheels and potentially brake pedals. Amazon's Zoox vehicles received ...
- Amazon's Zoox wins first US approval for paid robotaxis with no human controlsAmazon's Zoox secured US approval for limited commercial robotaxi deployment. This marks a significant milestone for autonomous vehicle tec...
- MV Electrosystems IPO to open on July 30; sets price band at Rs 400-425 per shareMV Electrosystems has fixed the price band for its Rs 290 crore IPO at Rs 400-425 per share. The issue, opening on July 30, will fund worki...
- Affordability concerns reshape global car buying as EV interest grows: McKinseyAffordability concerns and evolving preferences are reshaping global automotive markets. Consumers are delaying purchases and considering s...
- Waymo explores ending Uber partnership: Financial TimesThe companies have increasingly clashed over operational and commercial issues, according to the report. Waymo has raised concerns about t...
- Elon Musk loses $19 billion after Tesla shares plunge 14%. What’s spooking investors?Tesla shares experienced a significant drop of over 14% on Thursday. This decline followed the company's quarterly earnings report which fa...
- Tesla shares crash 14%, Alphabet falls 6% as AI spending worries hit Wall StreetTesla and Alphabet shares fell after quarterly results as investors overlooked robust revenue growth and focused on weaker margins, missed ...
- Will robotaxi be the next big trigger for Tesla? Here’s what Elon Musk saidTesla is accelerating the rollout of its unsupervised robotaxi service in the US, with CEO Elon Musk outlining ambitious expansion plans wh...
- Chipmaker CXMT debut spotlights China's state-funded path to tech powerChipmaker CXMT's significant IPO showcases China's state-led funding model for strategic technology. Hefei city investors hold a substantia...
- Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investmentChina's largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 bi...
- Travis Kalanick’s Atoms secures $1.7 billion from a16z, Uber, others to expand into industrial AIAtoms, Travis Kalanick's robotics firm, has secured $1.7 billion in funding. This investment, led by Andreessen Horowitz, will fuel industr...
- Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
- Elon Musk's Tesla posts cash burn as capex surges on AI, robotaxi pushTesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries b...
- Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
- US Senate panel advances bill tightening ban on Chinese automakersA US Senate committee approved legislation to ban Chinese automakers from the American market. This bill could affect German automaker Merc...
- Tesla cash burn to test investor faith in AI betsCEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as s...
- Zoox recalls self-driving cars because they may not detect smokeLast week, the top U.S. auto safety official said self-driving car companies must quickly address a "clear pattern" of driverless vehicles...
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