[ad_1] SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023. Alain Jocard | Afp | Getty Images Tesla reported earnings after the bell, showing a … Read more
[ad_1] CNBC’s Jim Cramer on Monday analyzed Ford Motor‘s move to slash prices for its electric F-150 Lightning pickup truck. Cramer said he thinks the price cuts are due at least in part to the novelty of EVs wearing off for many Americans. Ford announced on Monday it would cut prices for all versions of … Read more
[ad_1] Aigen founders: Rich Wurden (CTO) and Kenny Lee (CEO) Courtesy: Aigen The Aigen Element looks like a drafting table on rugged tires. It drives itself continuously at around two miles per hour over farmland, using an advanced computer vision system to identify crops and unwanted botanical invaders. With two-axis robotic arms positioned close the … Read more
[ad_1] Nio co-founder William Li poses inside a Nio EC7 at the Shanghai auto show on April 19, 2023. Hector Retamal | Afp | Getty Images BEIJING — Chinese electric car brand Nio said Monday it is cutting prices for its cars by the equivalent of $4,200 effective immediately, and ending free battery swaps for … Read more
[ad_1] The Tesla factory in Tilburg, Netherlands. Jasper Juinen | Bloomberg | Getty Images German authorities have serious indications of possible data protection violations by Tesla, Handelsblatt newspaper reported on Thursday, citing the data protection office in the state where the carmaker has its European gigafactory. Handelsblatt’s report said the U.S. electric car manufacturer has failed to adequately protect data from customers, employees and business partners, citing 100 gigabytes of confidential data leaked to … Read more
[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Fed decision day Sit tight on Estee Lauder Earnings roundup: AMD, SBUX, F 1. Fed decision day Equities were mixed Wednesday morning ahead of the Federal Reserve’s announcement on … Read more
[ad_1] A Ford F-150 Lightning Platinum electric truck during the 2022 New York International Auto Show (NYIAS) in New York, U.S., on Thursday, April 14, 2022. The NYIAS returns after being cancelled for two years due to the Covid-19 pandemic. Michael Nagle | Bloomberg | Getty Images DETROIT — Ford Motor on Tuesday reported first-quarter … Read more
[ad_1] Electric vehicles from Tesla photographed in China. The world’s second largest economy is a major player when it comes to the sale of electric vehicles. Vcg | Visual China Group | Getty Images Electric car sales jumped to more than 10 million last year, with China accounting for roughly 60% of the market, according … Read more