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Automotive
Tesla is cutting about 200 Autopilot jobs and closing office in San Mateo, California
Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan.Rebecca Cook | ReutersTesla is closing its office in San Mateo, California, and eliminating an estimated 200 jobs there, CNBC has confirmed, as part of a...
Chinese electric vehicle maker Li Auto to raise $2B from U.S. investors in a new stock offering
The Li One electric car from Li Auto is displayed at the Moonstar Global Harbor shopping mall in Shanghai, China, May 10, 2021.Costfoto | Barcroft Media | Getty ImagesChinese electric vehicle maker Li Auto said Tuesday that it plans to raise $2 billion from...
Toyota issues recall for its flagship electric SUV following concerns about wheels coming off
Toyota's bZ4X electric sport utility vehicle photographed in Chiba Prefecture, Japan, on Feb. 24, 2022. The Japanese automotive giant has issued a safety recall related to the bZ4X's wheels.Kiyoshi Ota | Bloomberg | Getty ImagesJapanese automotive giant Toyota...
Tech leaders react to Roe v. Wade reversal
Salesforce CEO Marc Benioff, Microsoft co-founder Bill Gates, and departing Meta COO Sheryl Sandberg were among noteworthy tech executives speaking out publicly on Friday's Supreme Court ruling which overturned Roe v. Wade. The ruling ends constitutional right...
Polestar becomes latest electric vehicle maker to go public via SPAC merger
Shares of Polestar made their public-market debut under the ticker "PSNY" on Friday, making it the latest electric vehicle maker to go public via a merger with a special purpose acquisition company, or SPAC.Polestar's stock began trading on the Nasdaq exchange...