Auto Industry
car&bike Team
Dec 26, 2022, 6:29 PM
Tesla Chief Executive Elon Musk said it was "generally wise" to avoid using margin loans on any company when there are macroeconomic risks involved, in response to a question on Twitter about the electric-vehicle maker's stock performance.
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Reuters | Dec 26, 2022Europe's Car Repairers Call For Competition Rules RewriteThe European Commission has recommended extending 2010's Motor Vehicle Block Exemption Regulation (MVBER) for five years when it expires in 2023, with some supplementary guidelines.1 min read
Reuters | Dec 26, 2022Tesla Driver In Multi-Car Crash Told Police Self-Driving Software MalfunctionedThe police report said the vehicle made an unsafe lane change and was slowing to a stop, which led to another vehicle hitting the Tesla and a chain reaction of additional crashes.2 mins read
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Reuters | Dec 26, 2022Israeli Startup Makes Inroads With Personal Flying VehicleThe test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky.1 min read
Reuters | Dec 25, 2022Investor In Musk's Twitter Buyout Expects To Make Up To Five Times Its MoneyOne of the biggest investors in Musk's acquisition of Twitter, Aliya Capital Partners LLC, said it expects to make up to five times its money despite the social media company's problems.2 mins read
Reuters | Dec 25, 2022TuSimple Plans To Layoff Half Its Workforce Next Week - ReportSelf driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week.1 min read
