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Author Articles
Tesla Cut From S&P 500 ESG Index, And Elon Musk Tweets His Fury
S&P Dow Jones Indices has removed electric carmaker Tesla from the widely followed S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles.
Startup Gatik Says It Will Put Self-Driving Trucks On The Road In Kansas
Gatik said it will be putting its box trucks on the road in Kansas after state officials gave it and its partner and customer Walmart Inc the go-ahead.
Britishvolt, Scorpio Group To Research Maritime EV Batteries, Storage
Britishvolt said that Monaco-based Scorpio Group had made a strategic investment in the electric vehicle (EV) battery startup and the two companies will research battery power and storage options for maritime shipping.
Sri Lanka Down To Last Day Of Petrol, PM Tells Crisis-Hit Nation
Sri Lanka's new prime minister said the crisis-hit nation was down to its last day of petrol, as the country's power minister told citizens not to join the lengthy fuel queues that have galvanised weeks of anti-government protests.
Self-Driving Car Startup Wayve Taps Microsoft For 'Supercomputer Muscle'
Wayve will use supercomputer infrastructure designed for the firm by its investor Microsoft to process vast amounts of data as it develops machine learning-based models for self-driving cars.
Nigerian Entrepreneur Builds Electric Mini-Buses In Clean Energy Push
Nigerian entrepreneur Mustapha Gajibo is now building solar battery-powered buses from scratch in a push to promote clean energy and curb pollution.
Uber Launches Robot Food Delivery In California
Uber launched pilot food delivery services with autonomous vehicles in two California cities.
China Regulator Says Tesla Recalling 107,293 China-Made Model 3, Model Y Vehicles
Tesla is recalling 107,293 China-made Model 3 and Model Y vehicles due to overheating that may cause the centre touchscreen display to malfunction.
Volkswagen, Mahindra Explore Partnership For Electric Vehicle Components
Volkswagen AG is exploring a partnership to supply electric components to Mahindra and Mahindra.
Hyundai Motor Group Plans To Invest $16.5 Billion In S.Korea EV Business
Hyundai plans to invest a total of 21 trillion won ($16.54 billion) through 2030 for the expansion of its EV business in South Korea.
Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
Oil prices fell 2.5%, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
REE Automotive To Build Commercial EV Plant In UK's Coventry
REE Automotive - which develops rolling chassis for commercial electric vehicles - will build an assembly plant in the British city of Coventry to supply customers in Europe.
Musk Denies He Sexually Harassed Flight Attendant; Tesla Shares Sink
Elon Musk has denounced as "utterly untrue" claims in a news report that he sexually harassed a flight attendant on a private jet in 2016.
Stellantis Sees India As Profitable Auto Market Amid Challenges In China, Russia
Stellantis chief Carlos Tavares expects India to be a profitable market and a bigger growth opportunity than the carmaker previously expected as it faces challenges in countries such as China and Russia.
First Electric Scooter Series On Mission To Push Safer Micromobility
Organisers of the world's first electric scooter series say they are on a mission to promote and develop micromobility as a safe and integrated element of city life after a race debut in London.
China In Talks With Automakers On EV Subsidy Extension - Report
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022.
Analysis - Tesla Brand Threatened By Musk Harassment Claim, Criticism Of Democrats
Elon Musk has made a name for himself and Tesla by breaking the rules, but the billionaire's latest comments on politics and a claim of sexual harassment against him that he said is untrue may hurt the brand in the eyes of some car owners and employees.
Oil Falls 2% On Powell Comments, Hopes For Venezuela Supply
Prices fell after Federal Reserve Chairman Jerome Powell warned the economy could be hurt by attempts to reduce inflation.
Analysis - Musk's ESG Attack Spotlights $35 Trillion Industry Confusion
Elon Musk's rejection of environmental, social and corporate governance (ESG) scores as a "scam" highlights how Wall Street's hottest investment trend that encompasses some $35 trillion in assets means different things to different people.
Musk Says 'Tesla Is On My Mind 24/7' Amid Concerns About Twitter Distraction
Elon Musk said "Tesla is on my mind 24/7," trying to soothe investor worries about him being distracted by a Twitter deal that has depressed stocks at the electric car company.
