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News
Tesla recalls nearly 3M vehicles in China over door handle safety risks
12+ hour, 8+ min ago (427+ words) HONG KONG — Tesla and other Chinese carmakers are making a major recall of more than 4 million vehicles over safety concerns mostly related to their door handles, according to Chinese authorities on Friday. The U.S. carmaker is recalling about 2.98 million China-made…...
Luce, Ferrari’s first electric car, sells for $40 million in charity sale
3+ day, 18+ hour ago (330+ words) Luce, the first fully electric car produced by Ferrari, sold for a record $40 million in a charity sale on Saturday, setting a record for the most expensive new vehicle sold at an auction. The sale, conducted by the collector car…...
Ford to partner with Chinese automaker Geely in Spain in new joint venture
4+ week, 1+ day ago (691+ words) Ford and Chinese automotive company Geely Auto announced plans on Thursday to jointly manufacture low- and zero-emission vehicles at Ford's Valencia, Spain factory. The partnership is a bid to reignite Ford's offerings for the European auto market as the legacy…...
Earnings at Musk's car company fall as research spending cuts into profit from selling cars
4+ week, 2+ day ago (712+ words) Tesla said Wednesday that its profits fell last quarter as the car company run by Elon Musk shoveled more money into research and development, cutting into profits from a sharp increase in vehicle sales. The Austin, Texas, company reported second-quarter…...
Elon Musk likely broke the law by giving voters $1 million, Wisconsin board says
1+ mon, 1+ week ago (604+ words) MADISON, Wis. — Billionaire Elon Musk likely broke Wisconsin law when he handed out $1 million checks to voters in the 2025 state Supreme Court election, a bipartisan panel has found. The Wisconsin Elections Commission last week referred two complaints to the Brown…...
Major German carmakers hit by steep China sales plunge as competition heats up
1+ mon, 1+ week ago (481+ words) HONG KONG — Major German carmakers saw sharp quarterly sales declines in China as domestic demand weakened and competition heated up in the world's biggest auto market. At Volkswagen, Mercedes-Benz, BMW and Porsche, China sales for the April-June quarter plummeted between…...
China's Inner Mongolia bets on solar and wind but coal stays close
1+ mon, 2+ week ago (1029+ words) ORDOS, China — Seen from the air, the arrays of more than 3 million solar panels shimmering in the desert sun at the Dalad Banner solar farm are arranged in the shape of a galloping horse – a symbol of Inner Mongolia’s nomadic…...
Agility Robotics heads to Wall Street in a $2.5B bet on staffing warehouses with humanoids
1+ mon, 3+ week ago (573+ words) A maker of humanlike robots that carry totes around warehouses is aiming to go public on Wall Street in a test of whether there is a market for putting AI-powered humanoid machines to work. Agility Robotics, based in Salem, Oregon,…...
Elon Musk could become the world's first trillionaire with SpaceX's IPO
2+ mon, 1+ week ago (430+ words) NEW YORK — Elon Musk may never colonize Mars as promised, but enough investors consider the SpaceX founder to be a sort of miracle man that they'll help him reach another fantastic goal Friday when he takes the rocket company public....
Electric SUV showdown: Edmunds compares the revamped Toyota bZ to the Tesla Model Y
2+ mon, 2+ week ago (387+ words) 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 version, but other tested Model…...