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News
Tesla rolls out robotaxis in Dallas and Houston
4+ mon, 3+ week ago (103+ words) rolling out self-driving taxis in Texas cities of Dallas and Houston. "Try Tesla Robotaxi in Dallas & Houston!" CEO Elon Musk said in an...Shah in Bengalu... Tesla rolls out robotaxis in Dallas and Houston April 18 (Reuters) â Tesla âsaid......
Musk’s robotaxi plans for San Francisco alarmed, confused regulators, emails show
11+ mon, 3+ week ago (654+ words) (Reuters) -Tesla CEO Elon Musk tantalized investors in July with a robotaxi update: After a small-scale test in Austin, Texas, Tesla would rapidly expand driverless cabs to markets including the San Francisco Bay Area, where it was “getting the regulatory…...
Explainer-What is Radiant World and why is it in the news?
2+ week, 2+ day ago (575+ words) counterparties have stopped doing business with it following news that authorities are investigating a report it provided...RADIANT WORLD MADE HEADLINES? In late July, Bloomberg News reported that global trading houses Vitol Group...other lenders have suspended credit lines, Bloomberg…...
Musk denies WSJ report that SpaceX showed AI handset prototype before IPO
2+ mon, 1+ week ago (269+ words) July 1 (Reuters) – Elon Musk on Wednesday denied a Wall Street Journal report that SpaceX showed investors and other stakeholders a prototype of an AI-focused device ahead of its blockbuster IPO. “Utterly false,” Musk said in a post on X, without…...
Growth at a cost: Tesla’s cheaper EVs might revive sales but squeeze profit
10+ mon, 3+ week ago (441+ words) By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -The profitability of Tesla’s so-called affordable new cars will be in focus when the electric vehicle maker reports quarterly results on Wednesday, and analysts think that thousands of dollars in cost…...
SpaceX says Terafab to be built in Texas with initial investment of $16.8 billion
1+ mon, 1+ week ago (125+ words) Aug 6 (Reuters) – SpaceX and Tesla will initially invest $16.8 billion to build Terafab, Elon Musk’s planned advanced AI chip manufacturing complex in Grimes County, Texas, the aerospace company said on Thursday. Terafab is intended to narrow the gap between existing global…...
Factbox-Biggest job cuts by global automakers
2+ mon, 2+ week ago (279+ words) June 26 (Reuters) – Auto giant Volkswagen’s potential plan to shutter four German factories and ramp up job cuts to as many as 100,000 could be the biggest ever overhaul in the industry. The carmaker faces mounting pressure from Chinese rivals, stiff tariffs…...
Factbox-Shein reveals financials, valuation in Hong Kong IPO filings
1+ mon, 2+ week ago (544+ words) prospectus filed with the Hong Kong stock exchange on Sunday as part of the company’s much-awaited initial...
Volkswagen teases new SUVs, pickups for North American market
1+ week, 3+ day ago (254+ words) DETROIT, Sept 3 (Reuters) – Volkswagen announced on Thursday it was exploring new SUV and pickup offerings for North America, the latest example of how automakers are increasingly relying on region-specific strategies to confront trade tensions and varying consumer appetites. • The German…...
Waymo goes fully autonomous in Nashville
7+ mon, 3+ day ago (174+ words) Feb 9 (Reuters) – Alphabet unit Waymo said on Monday it has gone fully autonomous in Nashville, Tennessee, ramping up operations as the robotaxi race heats up in the United States. In September, the company and Lyft announced plans to start offering…...