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News
Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
4+ hour, 40+ min ago (363+ words) SpaceX pulled off a successful launch last Friday evening at its Starbase facility in South Texas, sending its Starship rocket into orbit. It hasn’t stopped Elon Musk’s fortune from falling back to Earth. The world’s first trillionaire is now poorer…...
Some robotaxis approved to operate without steering wheels and losing the brake pedal could be next
2+ day, 1+ hour ago (500+ words) Federal regulators are clearing the way for robotaxis to operate without manual controls like steering wheels or eventually even brake pedals as the rules start to catch up to the evolving technology. The National Highway Traffic Safety Administration also proposed…...
Need backup power? Automakers want you to look no further than their vehicles in your driveway
1+ week, 3+ day ago (814+ words) So when Kovar, 64, bought a Ford F-150 last fall, his hope was to be better prepared for any new crisis. “I was interested in trying to find some sort of power backup situation,” he said. Now, Kovar has a setup from…...
Demand for critical minerals fuels conflict but could help resource-rich nations, WTO says
1+ week, 3+ day ago (375+ words) By EDITH M. LEDERER WTO Director-General Ngozi Okonjo-Iweala warned the U.N. Security Council that “critical minerals are increasingly viewed as strategic assets, not just commodities, and a major source of interstate competition.” Major economies are racing to get supplies of the minerals…...
Save on gas with these five Edmunds-recommended used plug-in hybrid vehicles
1+ mon, 5+ day ago (117+ words) By CHRISTIAN WARDLAW of Edmunds 2023 Prius Prime estimated price: $30,000 Average 2022 Tucson Plug-in Hybrid estimated price: $29,000 2022 Kia Sorento Plug-in Hybrid estimated price: $30,000 2021 X5 plug-in hybrid estimated price: $35,000 2018 Porsche Panamera plug-in hybrid estimated price: $44,000 Plug-in hybrids may come in all shapes and sizes,…...
2026 Cadillac VISTIQ is the all-electric baby Escalade
1+ mon, 1+ week ago (104+ words) Boston Herald Let’s examine the Cadillac VISTIQ – a new nameplate to its EV fleet packed with 300 miles of fully electric range. A smaller model of the successful Escalade IQ, our tester, a 2026 Cadillac VISTIQ AWD Sport showed off its sportiness....
Edmunds compares the revamped Toyota bZ to the Tesla Model Y
1+ mon, 2+ week ago (392+ words) By BRADLEY IGER of Edmunds As with the bZ, different versions of the Model Y have varying range estimates. The longest comes from the Premium Rear-Wheel Drive, which can go an EPA-estimated 357 miles. Edmunds hasn’t range tested that Model Y…...
Elon Musk could become the world’s first trillionaire with SpaceX’s IPO
1+ mon, 2+ week ago (399+ words) By BERNARD CONDON, AP Business Writer The world’s richest man is set to become its first trillionaire. Known for his brilliant technology breakthroughs, as well as wild claims and missed deadlines, Musk is expected to break that trillion dollar mark…...
A look at the SpaceX IPO by the numbers
1+ mon, 2+ week ago (586+ words) Elon Musk is all about big numbers — millions, billions, even trillions — and there are plenty of them associated with SpaceX and Musk’s plans to take the rocket maker public. The prospectus for the SpaceX stock debut shows spending at a…...
SpaceX’s IPO is set to be the biggest ever and could make Elon Musk a trillionaire
1+ mon, 3+ week ago (485+ words) By ALEX VEIGA and BERNARD CONDON, AP Business Writers Even as it makes a bid for a blockbuster market debut, SpaceX is currently losing billions of dollars a year. The filing shows that the company lost $2.6 billion from operations last…...