Rivian stock plunges after news of Amazon-Stellantis deal

Stellantis announced on January 5, 2022, a major partnership with Amazon to connect its vehicles, including using the US giant’s AWS servers and its Alexa voice command system. Marco Bertorello | AFP | Getty Images Stellantis, the automaker formerly known as Fiat Chrysler, said Wednesday that Amazon will provide its in-car dashboard software and cloud … Read more

Toyota dethrones GM to become America’s top-selling automaker in 2021

The Toyota Motor Corp. logo in the Toyota City Showcase exhibit at the company’s Mega Web car theme park in Tokyo, Japan, on Monday, Nov. 1, 2021. Kiyoshi Ota | Bloomberg | Getty Images DETROIT – Toyota Motor has dethroned General Motors as America’s top-selling automaker in 2021, marking the first time since 1931 that … Read more

Tesla opened a dealership in Xinjiang, China, despite widespread reports of Uyghur oppression there

Tesla has opened a new sales and service center in the Xinjiang region of China, home to a Muslim population known as the Uyghurs whom the United Nations and rights organizations have identified as a repressed ethnic group. In 2021, the United States, United Kingdom and Canada said China engages in “forced labour, mass detention in internment camps, … Read more

Tesla delivered 936,172 electric vehicles in 2021, with the fourth-quarter setting a new record

Visitors looking at a China-made Tesla Model Y electric vehicle at the Auto Shanghai 2021 show in Shanghai, China, on April 27, 2021. Qilai Shen | Bloomberg | Getty Images Tesla on Sunday said it delivered 308,600 electric vehicles in the fourth quarter of 2021, beating its previous single-quarter record as well as analysts’ expectations. The … Read more

‘Bubblicious’ used car prices are rising faster than bitcoin, market researcher Jim Bianco warns

Your car may be more valuable than what’s in your portfolio. Used auto prices are rising faster than bitcoin and other assets, according to market researcher Jim Bianco. “If you want to know what the best investment you probably had in 2021, it’s that car sitting in your driveway or in that garage,” the Bianco … Read more

Tesla’s German Gigafactory faces local hurdles as it nears completion

SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Electric carmaker Tesla is clearing the final hurdles to get its massive German “Gigafactory” up and running in the new year. The Berlin-Brandenburg plant has … Read more

GM president hints at strategy disagreement with departed Cruise CEO Dan Ammann

Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California.  Source: Noah Berger | General Motors DETROIT – General Motors has been mum about the abrupt departure Thursday of Dan Ammann, the CEO of … Read more

Tesla is replacing faulty Autopilot cameras in some cars, internal documents say

Robotics arms install the front seats to the Tesla Model 3 at the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Mason Trinca | The Washington Post | Getty Images Tesla is replacing repeater cameras in the front fenders of at least several hundred Model S, X and 3 vehicles made in Fremont, … Read more

Elon Musk has strong views on hydrogen. Not everyone agrees

A car is fueled with hydrogen at the Frankfurt Auto Show IAA in Frankfurt am Main, Germany, on September 13, 2017. TOBIAS SCHWARZ | AFP | Getty Images Tesla CEO Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during … Read more

Elon Musk exercises more options, sells Tesla shares worth $1.01 billion

Entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany. Patrick Pleul | AFP | Getty Images Tesla Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01 billion to meet his tax … Read more