News
Ford Says Electric Vehicle Losses Will Continue for Three More Years
3+ hour, 1+ min ago (450+ words) A few years ago, Ford Motor jumped out ahead of other established automakers by quickly rolling out three electric vehicles that it hoped would help it sell more cars and increase profits. Instead, the company is paying a high price…...
Trump’s tariffs take a bit out of Honda with 42% drop in profits for past 9 months
11+ hour, 36+ min ago (375+ words) Honda reported Tuesday a 42% drop in profit for the nine months through December, compared to a year earlier, as U.S. President Donald Trump's tariffs hurt the Japanese automaker's earnings. Tokyo-based Honda Motor Co.'s profit over the three quarters totaled 465.4 billion…...
The guy who designed the iPhone helped craft the interior of Ferrari’s first EV — and it’s full of physical button
12+ hour, 49+ min ago (736+ words) Jony Ive designed the iPhone, which famously ditched most of a phone's physical buttons for virtual ones. His take on the new Ferrari interior shows a very different approach. Ferrari has spent five years working with LoveFrom, the design studio…...
What to know about Elon Musk’s merger of SpaceX with his AI company
13+ hour, 35+ min ago (1118+ words) Elon Musk recently announced what seemed like an odd pairing of his companies: SpaceX was acquiring xAI, the artificial intelligence firm that also owns the social media platform X. The merger combines a highly profitable rocket company with an AI startup…...
Elon Musk’s xAI loses another cofounder
17+ hour, 34+ min ago (355+ words) One of xAI's cofounders, Tony Wu, has left Elon Musk's AI company. Wu said in a post on X on Tuesday that he has resigned from the company. "It's time for my next chapter," Wu wrote. "It is an era…...
Photo Shows Elon Musk at Jeffrey Epstein Dinner
23+ hour, 44+ min ago (261+ words) The picture, which appears to have been taken by Epstein himself, was contained in the latest tranche of documents released by the Department of Justice, and adds to the growing pile of evidence showing that Musk had much deeper ties…...
Tesla loses another sales executive
1+ day, 2+ hour ago (336+ words) Raj Jegannathan, who was once tasked with managing Tesla's sales and service team in North America, announced his departure from the company on Monday. Jegannathan, Tesla's vice president of IT, took over the sales organization shortly after Troy Jones, the…...
Plug-in hybrids were supposed to be Americans’ bridge to EVs. Now they’re fading from showrooms.
1+ day, 15+ hour ago (814+ words) US automakers are still building electric vehicles and rolling out gas-powered trucks. But plug-in hybrids " once pitched as a compromise between gasoline cars and fully electric vehicles " are quickly disappearing from American showrooms. Plug-in hybrids combine a cord-chargeable battery with…...
Waymo got grilled on Capitol Hill as lawmakers accused it of relying too much on Chinese cars and overseas labor
5+ day, 11+ hour ago (690+ words) What started as a policy hearing on self-driving cars turned tense for Waymo. Lawmakers on Wednesday accused the robotaxi company of relying too heavily on Chinese vehicles and offshore labor, leading to a tense back-and-forth during a two-hour Senate hearing....
World’s Richest Man Wants You to Know How Tough He Has It
5+ day, 13+ hour ago (780+ words) The man on track to become the world's first trillionaire is complaining that his material success hasn't brought any joy into his life. "Whoever said "money can't buy happiness' really knew what they were talking about," Elon Musk wrote on…...