Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car, saying it would be “pointless” unless the car was fully autonomous.
Read More Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers
MSNBC is facing heavy backlash for using Nazi rally clips during its coverage of former President Donald Trump’s historic campaign event at Madison Square Garden on Sunday.
Read More MSNBC Facing Backlash After Comparing Trump Rally To Nazi Propaganda
Tesla CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hailing services to the public in California and Texas next year.
Read More Tesla promises paid robotaxis next year, but significant hurdles remain
Elon Musk’s company Tesla said on Wednesday that it expects to achieve slight growth in vehicle deliveries this year and reported a higher-than-expected profit margin for the third quarter, sending shares up 5% after hours.
Read More Tesla Shares Soar After Company Announces Better-Than-Expected Profit Of $2B
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 slides
Spirit AeroSystems will tell employees that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier’s cash and inventory space
Read More Exclusive: Spirit Aero to furlough 700 workers for 21 days due to Boeing strike