Latest Electric vehicles News
Texas Instruments, Mattel rise; General Dynamics, Teledyne fall, Wednesday, 4/24/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Tesla Inc., up $17.45 to $162.13. The electric vehicle maker plans to accelerate production of new, more affordable vehicles. Visa Inc., up 91 cents to $275.02. ...
Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot
SEATTLE (AP) — A Tesla that may have been operating on the company's Autopilot driving system hit and killed a motorcyclist near Seattle, raising questions about whether a recent recall went far enough to ensure Tesla drivers using Autopilot pay attention to the road. After the...
Volkswagen revamps its approach in China in bid to overtake upstart EV makers
BEIJING (AP) — As auto giant Volkswagen AG races to catch up with upstart Chinese competitors, it has drivers like 26-year-old Ren Yiling in mind. She is young and wants to play video games in her car. The digital features of her Zeekr 001, a European-designed electric car from...
Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.13 billion from January through March compared...
Jeep maker Stellantis to lay off an unspecified number of factory workers in the coming months
DETROIT (AP) — Jeep maker Stellantis is planning to lay off an unspecified number of workers at its U.S. factories in the coming months to deal with a rapidly changing global auto market, the company said Tuesday. The statement comes as the company faces increased capital spending...
General Motors reports strong first-quarter profits as prices help offset small US sales dip
DETROIT (AP) — Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles. The automaker said that while its average sales price per vehicle was down slightly from...
Tensions between Beijing and Washington are the biggest worry for US companies in China, report says
Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the American Chamber of Commerce in China released Tuesday. The survey of U.S. companies said inconsistent and unclear policies and enforcement,...
Stock market today: Asian stocks track Wall Street gains ahead of earnings reports
HONG KONG (AP) — Asian benchmarks extended gains Tuesday after U.S. stocks clawed back a chunk of their losses from last week, which was the worst for the S&P 500 in more than a year, while the yen weakened further to fresh 34-year lows. U.S. futures were mixed and oil prices...
US advances review of Nevada lithium mine amid concerns over endangered wildflower
RENO, Nev. (AP) — The Biden administration has taken a significant step in its expedited environmental review of what could become the third lithium mine in the U.S., amid anticipated legal challenges from conservationists over the threat they say it poses to an endangered Nevada wildflower. ...
Vista Outdoor, Salesforce rise; Tesla, Cardinal Health fall, Monday, 4/22/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Tesla Inc., down $5 to $142.05. The electric vehicle maker cut the price of its so-called “Full Self Driving” system by about a third. Salesforce Inc., up $3.44...
