Three months after billionaire U.S. businessman Jeff Bezos soared into space aboard a rocketship built by his Blue Origin company, the craft is set on Wednesday to take another all-civilian crew on a suborbital ride, this time with "Star Trek" actor William Shatner in the lead role.
China's auto sales slumped 19.6% in September from a year earlier, industry data showed on Tuesday, falling for a fifth consecutive month as a prolonged global shortage of semiconductors disrupts production.
China's export growth likely slowed in September as electricity rationing hit production at home, while a shift in consumption towards services as developed economies reopened likely reduced global appetite for Chinese goods, a Reuters polll showed on Tuesday.
Contemporary Amperex Technology Co Ltd plans to build a battery material recycling facility in the central Chinese province of Hubei with an investment of up to 32 billion yuan ($4.96 billion), the electric-vehicle battery maker said on Tuesday.
U.S. electric vehicle (EV) maker Tesla Inc sold 56,006 China-made vehicles in September, the highest since it started production in Shanghai about two years ago, data from the China Passenger Car Association (CPCA) showed on Tuesday.
(RTTNews) - The rift between the two of the richest men on earth continues to grow after SpaceX and Tesla Inc (TSLA) founder Elon Musk again took to Twitter and remind Jeff Bezos that the gap between the two of them is growing.
Musk's wealth increased rapidly over the last f
What happened
Shares of Tesla (NASDAQ: TSLA) edged higher on Monday. The electric-car maker's stock climbed as much as 2% at one point during the trading day.
U.S. stock indexes rose on Monday as growth and financial stocks gained, shrugging off inflation worries in the run up to third-quarter earnings reports from later this week.
What happened
Shares of hybrid-truck powertrain maker Hyliion Holdings (NYSE: HYLN) opened sharply lower on Monday, after a Wall Street analyst cut his bank's rating on the stock.
U.S. stock indexes rose on Monday as growth stocks gained, shrugging off inflation worries in the run up to third-quarter earnings reports from later this week.
Canada's Rock Tech Lithium plans to build a converter plant in Brandenburg, the German state surrounding Berlin, to make battery-grade lithium hydroxide for electric vehicles, the state's energy ministry and the company said on Monday.
Austin prides itself on "keeping it weird," but the city's success at luring more big companies such as Tesla Inc has some residents wary of getting priced out of their unique culture.
Investors using the Robinhood platform generally love strong near-term gains. So many of their favorite stocks are those that have delivered in a period of days or weeks. But that doesn't mean the most popular stocks on Robinhood are short-term winners only. In fact, several of t
Tesla (NASDAQ: TSLA) published a solid set of delivery numbers for Q3 2021 late last week, noting that it had delivered a record 241,300 vehicles for the quarter, a sequential increase of 20% and a year-over-year increase of almost 73%. The impressive numbers indicate that Tesl
China, the world's biggest auto market, said on Monday it will roll out assessment measures to regulate data sent abroad by vehicles, as the country steps up efforts to protect data and privacy.
What happened
Shares of UiPath (NYSE: PATH) fell 16.8% in September, according to data from S&P Global Market Intelligence. The business process automation software company just hit the public markets back in April.
Flashing lights, booming speakers, sprawling stages and a Ferris wheel have transformed Tesla's car factory near Berlin into a county fair for a one-day festival on Saturday to be hosted by CEO Elon Musk.
From flashing lights and booming speakers to sprawling stages and a Ferris wheel, Tesla's factory near Berlin has been transformed into a festival site for a one-day county fair on Saturday, hosted by CEO Elon Musk.
Tesla Inc's decision to move its headquarters to Austin, Texas, from Palo Alto, California, accelerates the shift of electric vehicle industry jobs to Southern and Western U.S. states that offer lower taxes, lighter regulation and less unionization than the coastal Blue states where most electric vehicles are sold.