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Tag: electric vehicles

A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City. REUTERS/Caitlin Ochs/File Photo

Wall St rises in first trading session of 2025; Tesla slides

Wall Street’s main indexes rose in the first trading session of 2025 as investors pinned their hopes on a fresh political landscape and more interest rate cuts.

Read More Wall St rises in first trading session of 2025; Tesla slides
Police block an area where a Tesla Cybertruck caught fire and exploded outside the lobby of President-elect Donald Trump's hotel, on January 1, 2025, in Las Vegas. At least one person was killed and seven wounded when a Tesla Cybertruck exploded outside a hotel belonging to US President-elect Donald Trump in Las Vegas, police said Wednesday. (Photo by WADE VANDERVORT / AFP) (Photo by WADE VANDERVORT/AFP via Getty Images)

Nevada: 1 Dead, 7 Injured in Tesla Cybertruck Explosion Near Vegas Trump Hotel; Possible Terrorist Attack

One person was killed while seven others were injured after a Tesla Cybertruck exploded in front of President-elect Donald Trump’s Las Vegas Hotel on New Year’s Day.

Read More Nevada: 1 Dead, 7 Injured in Tesla Cybertruck Explosion Near Vegas Trump Hotel; Possible Terrorist Attack
TOKYO, JAPAN - DECEMBER 23: Nissan Motor CEO Makoto Uchida (L), Honda Motor CEO Toshihiro Mibe (C) and Mitsubishi Motors President Takao Kato (R) attend a joint press conference on December 23, 2024, in Tokyo, Japan. Nissan and Honda announced they have begun merger negotiations, aiming to create the world's third-largest automotive group to compete with rival EV manufacturers such as China's BYD and the US-based Tesla. (Photo by Tomohiro Ohsumi/Getty Images)

Nissan And Honda To Merge, Forming World’s Third-Largest Automaker

A massive move in the auto industry has taken place as Honda and Nissan have announced plans to merge, forming the world’s third-largest automaker by sales. 

Read More Nissan And Honda To Merge, Forming World’s Third-Largest Automaker
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024. Mandatory credit Kyodo/via REUTERS/File Photo

Honda, Nissan move to deepen ties, sources say, including possible merger

Honda and Nissan are in talks to deepen ties, the clearest sign yet of how Japan’s once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.

Read More Honda, Nissan move to deepen ties, sources say, including possible merger
Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. REUTERS/Benoit Tessier/File photo

Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows

Elon Musk’s net worth crossed $400 billion, boosted by a nearly 71% surge in the automaker’s shares this year and the soaring valuation of his rocket company SpaceX.

Read More Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows
BROWNSTOWN TOWNSHIP, MI - AUGUST 13: A Chevrolet Volt extended-range electric vehicle sits at an event where Fritz Henderson, CEO and President of General Motors, announced that GM will invest $43 million in Brownstown Township, Michigan to manufacture lithium-ion battery packs for the Chevrolet Volt and other extended-range electric vehicles at the GM Brownstown Battery Assembly facility August 13, 2009 in Brownstown Township, Michigan. The facility is the first lithium-ion battery manufacturing plant in the U.S. operated by a major automaker. (Photo by Bill Pugliano/Getty Images)

GM Cuts 1K Jobs In Cost-Cutting Reorganization

General Motors laid off almost 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions. 

Read More GM Cuts 1K Jobs In Cost-Cutting Reorganization

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