In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi. Sopa Images | Lightrocket | Getty Images Tesla has a lot going on. A significant slump in sales, stoking concerns among investors and industry
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Open Extended Reactions Ferrari has completed a test of two different tyre guard concepts aimed at reducing spray from Formula One cars in wet conditions. On Thursday at its Fiorano test facility the Italian team tested solutions which covered the front and rear tyres. One concept was solid, blocking the view of the tyres underneath
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford’s Chief Financial Officer John Lawler and Linda Zhang, chief engineer for the company’s All Electric F-150 Lightning, participate in the opening bell ceremony at the New York Stock Exchange, April 28, 2022. Brendan Mcdermid | Reuters Ford Motor on Friday named the former chief
Associated Press May 11, 2024, 06:21 PM ET Open Extended Reactions INDIANAPOLIS — Alex Palou won a three-car battle among the leaders on his final pit stop and then Will Power into the first turn on the Indianapolis Grand Prix’s only restart Saturday before pulling away for his second straight win in the race. Palou,
Lower pricing due to softening demand helped April electric vehicle sales at Ford more than double, even as the automaker was shifting resources away from the money-losing unit. Despite the reasons behind the pricing, Freedom Capital Markets auto analyst Michael Ward said Ford’s nearly 130% jump in battery electric vehicle (BEV) sales last month should
Associated Press May 9, 2024, 03:56 PM ET Open Extended Reactions INDIANAPOLIS — Arrow McLaren named reigning F2 champion Théo Pourchaire as the permanent replacement driver for the injured David Malukas on Thursday. Pourchaire takes over the No. 6 Chevrolet for Saturday’s Indianapolis Grand Prix and will compete in all remaining IndyCar Series races with
In this article GM .FKRX300 Follow your favorite stocksCREATE FREE ACCOUNT American automakers and their non-Chinese counterparts are fighting an existential battle, as local rivals in China outpace them. Chinese companies flush with government investments and subsidies have leapfrogged the competition in electric vehicle technology and software. U.S. automaker sales have fallen dramatically since their
Associated Press May 10, 2024, 06:13 PM ET Open Extended Reactions Two-time IndyCar champion Álex Palou became the fourth different pole winner through four IndyCar races this season with his Friday run at Indianapolis Motor Speedway. It was Palou’s first pole on the Indy road course and the first this season for Chip Ganassi Racing.
Tesla CEO Elon Musk Omar Marques | Getty Images A federal judge in California dismissed a lawsuit filed by Elon Musk’s X against Israel’s Bright Data, in a case that involved the scraping of public online data and its appropriate uses. X, formerly Twitter, sued Bright Data, alleging the company “scrapes data from X” and sells it “using
Associated Press May 9, 2024, 05:49 PM ET Open Extended Reactions INDIANAPOLIS — Marcus Armstrong‘s No. 11 Honda-powered car will come with all the usual trimmings for this weekend’s Indianapolis Grand Prix — speed, sponsors and a shiny new paint job. The second-year driver also will be carrying a message of hope. Chip Ganassi Racing
A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. Aly Song | Reuters Chinese electric vehicle maker Zeekr priced its initial public offering at $21 a share Thursday, at the top end of its
Austin Lindberg, Senior EditorMay 9, 2024, 09:33 AM ET Open Extended Reactions Jorge Martín sent the internet abuzz in September with his shoulder-dragging exploits at Catalunya. DAX Images/NurPhoto via Getty Images Fifty-two years ago, Kenny Roberts changed the course of motorcycle racing. The three-time MotoGP world champion from Modesto, California, is widely considered the first to
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images Tesla is being accused of taking steps to
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT GM President Mark Reuss announces a $2.2 billion investment in the automaker’s Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020. Michael Wayland / CNBC DETROIT – General Motors believes it can regain market share in China after
Niamh Lewis May 7, 2024, 02:49 AM ET Open Extended Reactions Adrian Newey has made headlines in Formula One in recent days following the announcement that he will leave Red Bull after almost 20 years in 2025. The decision opens the door to the possibility of joining a new team ahead of F1’s regulation shake-up
Robyn Denholm, chairman of Tesla Inc., speaks during an American Chamber of Commerce in Australia event in Sydney, Australia, on Wednesday, March 27, 2019. Brendon Thorne | Bloomberg | Getty Images Tesla Chairwoman Robyn Denholm has just sold $17.3 million worth of her shares in the electric vehicle maker, according to a filing Monday, bringing
Associated Press May 7, 2024, 09:16 AM ET Open Extended Reactions Roger Penske on Tuesday said he has suspended the president of Team Penske along with three others for two races for their roles in the cheating scandal that has rocked IndyCar ahead of the Indianapolis 500. Penske said in an interview with The Associated
Tesla vehicles sit on the lot at a Tesla dealership in Austin, Texas, on April 15, 2024. Brandon Bell | Getty Images The National Highway Traffic Safety Administration is pressing Tesla for answers about changes the company made to its Autopilot driver assistance system following a voluntary software recall in December that affected about 2
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