Auto Industry News

Musk's Tesla Stock Sale Windfall Dwarfs Twitter Loss
Elon Musk's attempt to scrap his purchase of Twitter Inc may leave the world's wealthiest person in a stronger financial position than before he unveiled the $44 billion deal, with billions of dollars in cash from selling Tesla shares now sitting in the bank.

Walmart To Electrify Its Delivery Fleet With Canoo EVs
Jul 30, 2022 04:08 AM
Walmart Inc has struck a deal with Canoo Inc to buy 4,500 electric vehicles as part of the U.S. retailer's goal to achieve net-zero emissions by 2040.

VW Begins U.S. Production Of EV Compact SUV In Tennessee
Jul 30, 2022 04:05 AM
Volkswagen AG has begun U.S assembly of its electric compact SUV ID.4 at its plant in Chattanooga, Tennessee.

Planning To Buy A Used Datsun GO Hatchback? Here Are Things You Need To Consider
Jul 30, 2022 04:03 AM
Planning to buy a used Datsun GO hatchback? Well, before you start looking for one, here are some pros and cons you must consider first.

Tesla Supplier Panasonic Eyes 20% Jump In Battery Density By 2030
Jul 30, 2022 04:03 AM
Panasonic Energy Co, a major Tesla supplier, is working on new technology to increase battery energy density by a fifth by 2030, the Japanese company's chief technology officer told Reuters.

Musk's Tesla Stock Sale Windfall Dwarfs Twitter Loss
Jul 30, 2022 03:34 AM
Elon Musk's attempt to scrap his purchase of Twitter Inc may leave the world's wealthiest person in a stronger financial position than before he unveiled the $44 billion deal, with billions of dollars in cash from selling Tesla shares now sitting in the bank.

Neuralink Co-Founder Departs Musk-Backed Startup - Report
Jul 30, 2022 03:26 AM
A founding member of Elon Musk's Neuralink left the company in recent weeks, according to two people familiar with the matter, the latest in a string of departures at the brain implant startup.

Biden Will Push For Greater Oil Output On Mideast Trip - Report
Jul 30, 2022 03:14 AM
U.S. President Joe Biden will make the case for greater oil production from OPEC nations to bring down gasoline prices when he meets Gulf leaders in Saudi Arabia this week, White House national security adviser Jake Sullivan said.

Ola Denies Merger With Uber Technologies
Jul 30, 2022 03:49 AM
According to ET’s latest news report, Ola Chief Executive Bhavish Aggarwal recently organised a meeting with top Uber executives in San Francisco, United States.

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