Auto Industry
Reuters
Dec 30, 2022, 11:03 PM
Twitter has seen advertisers flee amid worries about Musk's approach to policing tweets, hitting revenues and its ability to pay interest on the $13 billion debt that Musk took on to buy the social media company.
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Reuters | Dec 30, 2022Baidu, Pony.ai Start Driverless Robotaxi Tests In BeijingBaidu and Pony.ai said they would begin testing 10 driverless vehicles each in a technology park developed by the Beijing government as a step towards commercial robotaxi services in China’s capital.2 mins read
Reuters | Dec 30, 2022Elon Musk Launches Poll Asking If He Should Quit As Twitter CEOMusk had told a Delaware court last month that he would reduce his time at Twitter and eventually find a new leader to run the company.3 mins read
Reuters | Dec 30, 2022Musk To Step Down As Twitter CEO Once He Finds 'Someone Foolish' Enough As SuccessorMusk's $44 billion takeover of Twitter in October has been marked by chaos and controversy, with some investors questioning if he is too distracted to also properly run his electric-vehicle automaker Tesla2 mins read
Reuters | Dec 30, 2022Biden To Visit Taiwanese Chip Manufacturer TSMC's Arizona PlantTSMC, Asia's most valuable listed company, has said it was building on a site for a potential second plant in Arizona. The company began construction in mid-2021.2 mins read
Reuters | Dec 30, 2022Honda To Begin Selling Mini-Commercial Electric Vans In Spring 2024Honda's electric van has a target cruising range of 200km (125 miles) and is seeking to set the price at around 1 million yen ($7,270).1 min read
Reuters | Dec 30, 2022Volkswagen Expects Difficult 2023 For Financial Services UnitThe financial unit is still benefiting from high prices for used cars and lower costs for credit and residual value risks in the current year.1 min read
Reuters | Dec 30, 2022Volkswagen And Italy's Enel Launch Joint Venture For High-Speed ChargingVolkswagen operates partnerships in Europe with BP and Spain's Iberdrola and is a shareholder in fast-charging venture Ionity with rival carmakers BMW, Mercedes-Benz, Ford and Hyundai.2 mins read
Reuters | Dec 30, 2022Indonesia To Offer $5,000 Subsidy On Electric Car SalesA subsidy of around 80 million rupiah ($5,131) will be offered on every sale of an electric car, 40 million rupiah on hybrid cars and 8 million rupiah on fully electric motorbikes1 min read
