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News
Morgan Stanley raises Rivian target
8+ hour, 52+ min ago (671+ words) Rivian just delivered one of its strongest quarters yet, and Wall Street responded by sending the stock lower anyway. Shares of the electric vehicle maker fell more than 9% on Friday, Aug. 1, closing at $15.22 and erasing gains from an after hours…...
AI leader Andrej Karpathy joins Anthropic in strategic move
2+ mon, 2+ week ago (304+ words) The artificial intelligence industry saw a significant shift Tuesday when prominent researcher Andrej Karpathy announced he has joined Anthropic, one of the leading companies advancing large language model technology. The move reunites Karpathy with the AI research frontier after his…...
Sony and Honda just killed their $100,000 dream EV
4+ mon, 1+ week ago (311+ words) Sony and Honda built something genuinely unusual with the Afeela 1. A roughly $100,000 electric sedan loaded with 28 speakers, wraparound screens, an AI assistant and a built-in entertainment system capable of running karaoke and Sony PlayStation games. It was set to launch…...
Tesla climbs 1.6% while a deeper question hangs over it
4+ mon, 1+ week ago (526+ words) Tesla shares rose roughly 1.6% to $387.85 today, a modest but notable gain against a broader market that was pointing lower. The S&P 500 and Nasdaq were both trading in the red, making Tesla’s move stand out. The rebound followed a 3.5% jump on…...
BMW i3 arrives with 469 hp and a bold electric promise
4+ mon, 3+ week ago (443+ words) Rolling Out BMW i3 arrives with 469 hp and a bold electric promise The electric 3 Series takes shape BMW is preparing to pull the wraps off the i3, its electric 3 Series sedan, at a world premiere scheduled for March 18. Ahead of that reveal,…...
Tesla stock slides as California robotaxi dreams hit a wall
5+ mon, 4+ day ago (370+ words) California is far from the only place Tesla could test or deploy autonomous vehicles. The company has pursued approvals in other states and markets. But the absence of any recorded test mileage in the nation’s largest car market, year after…...
Rivian stock soars 15% on surprising earnings beat
5+ mon, 2+ week ago (437+ words) Full-year 2025 revenue climbed 8% to $5.3 billion compared with $4.97 billion in 2024, demonstrating the company’s ability to grow sales despite brutal conditions across the electric vehicle industry. The company delivered 42,247 vehicles throughout the year, though fourth-quarter deliveries of 9,745 units represented a 31% decline from…...
Tesla just proved why its robo-taxi bet will pay off
7+ mon, 1+ week ago (1048+ words) Tesla shares climbed 1.1% in premarket trading Monday after the electric vehicle maker notched two significant victories over the weekend. The company’s autonomous vehicles continued operating normally during a major San Francisco power outage that left a competitor’s fleet stranded, while…...
Uber's bold robotaxi gamble worries Wall Street analysts
7+ mon, 1+ week ago (958+ words) Uber Technologies finds itself navigating treacherous waters as 2025 draws to a close, with shares trading around $79 while the company announces plans that could either cement its future dominance or accelerate its displacement. The ride-hailing giant revealed Monday that it will…...
Tesla stock soars to record as California threatens sales
7+ mon, 2+ week ago (390+ words) The contrast between these two developments captures the complex moment Tesla finds itself in as 2025 draws to a close. On one hand, the company appears to be making tangible progress toward its long-promised vision of self-driving vehicles. On the other,…...