Elon Musk told investors in late January that Tesla would roll out “autonomous ride-hailing for money” by June in Austin, Texas.
Read More Tesla robotaxis by June? Musk turns to Texas for hands-off regulationTag: general motors
Consumers boosted 2024 U.S. new-car sales to five-year high
New-car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories and higher incentives.
Read More Consumers boosted 2024 U.S. new-car sales to five-year highUS EPA approves California plan to ban gas-only cars starting in 2035
The U.S. Environmental Protection Agency said on Wednesday it has approved California’s landmark plan to end the sale of gasoline-only vehicles by 2035.
Read More US EPA approves California plan to ban gas-only cars starting in 2035GM 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 ReorganizationWall Street tumbles as yields jump; Verizon slides
U.S. stock indexes sagged on Tuesday as rising Treasury yields impacted rate-sensitive sectors, while investors evaluated earnings to assess the health of American companies.
Read More Wall Street tumbles as yields jump; Verizon slidesTesla CEO Elon Musk unveils ‘Cybercab’ robotaxi
Tesla CEO Elon Musk showcased on Thursday a long-awaited robotaxi with two gull-wing doors and no steering wheel or pedals and surprised with robovan.
Read More Tesla CEO Elon Musk unveils ‘Cybercab’ robotaxi