Tesla shares spike as price cuts boost record car deliveries
Tesla reported a record number of deliveries in the second quarter as the leading U.S. electric vehicle maker made good on CEO Elon Musk's aggressive discounting strategy.
World's first fully electric flying car approved by FAA; company now accepting preorders
Alef Aero, a sustainable mobility company in California, has been given a special airworthiness certification by the FAA for its flying electric car — and it's taking preorders.
Ed Cofrancesco on banking industry: 'There's probably going to be a lot more consolidation' this year
International Assets Advisory CEO Ed Cofrancesco discusses the FOMC's stress test for big banks and his stock picks to short.
Oil analyst talks gas prices, summer travel
GasBuddy head of petroleum analysis Patrick De Haan discusses national average gas prices being a dollar below what they were last year.
Threatened by shortages, electric car makers race for supplies of lithium for batteries
Ford has signed contracts stretching up to 11 years into the future with lithium suppliers on two continents. Volkswagen and Honda are trying to reduce their need for freshly mined ore.
Ford donates customized Bronco 'firefighting command rig' to National Park Service
Ford Motor Co. has built a custom Bronco specially outfitted to help firefighters during wildfire season and is donating it to the National Park Service.
Tesla on Autopilot rear-ends work truck along Pennsylvania interstate, police say
Pennsylvania State Police said an 18-year-old was operating his Tesla on Autopilot when the car lost control and rear-ended a work truck along a busy interstate.
Tesla charging technology put on fast track to become US industry standard
GM and Ford have said they would embrace Tesla's NACS, shunning earlier efforts by the White House to make the Combined Charging System the dominant charging standard in the U.S.
Buffett's Berkshire continues to sell shares of Chinese electric automaker
Warren Buffett's company once again sold shares in the Chinese Electric automaker BYD. This time selling another 2.5 million shares worth $86.3 million.
US opens probe into Ford Explorer recall repairs
Safety regulators have opened an investigation into a prior recall of 710,000 Ford Explorer SUVs and the fix issued to resolve the problem.
States weigh charging by the mile as fuel taxes plummet
States are experimenting with charging drivers by the mile instead of relying on declining gas tax revenue as electric vehicle sales rise.
Ford preparing for another round of layoffs: report
Ford Motor Co. is reportedly preparing to put another round of layoffs into motion in a continued attempt to streamline its operations and reduce costs.
Former Nissan CEO Carlos Ghosn sues auto giant over ‘massive PR campaign to denigrate’ his behavior
Former Nissan Chairman and CEO Carlos Ghosn says his defamation lawsuit against the automaker aims to end "a massive PR campaign" to "defraud" him after 20 years at the helm.
Carlos Ghosn feels 'confident' in 'facts, evidence' to be presented in $1B Nissan lawsuit
'Broken Alliances' author and former Nissan Chairman and CEO Carlos Ghosn details his defamation lawsuit against his former employer.
Used car prices soar as demand for limited inventory grows, report says
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Rivian, Tesla reach deal for using EV supercharger network
A deal recently inked by Rivian Automotive and Tesla will open up the Elon Musk-run company's Supercharger network in North America to the EV startup.
Former Nissan chief Carlos Ghosn files $1B lawsuit against carmaker over Japan imprisonment
Former Nissan exec Carlos Ghosn filed a $1 billion lawsuit against Nissan and roughly a dozen unnamed individuals in Beirut after spending time in a Japanese prison.
Ford recall affects 1 million trucks that are missing something
Ford has issued a recall notice affecting nearly 1 million trucks and SUVs because their owner's manuals are missing information that is required by law.
Safety agency reports power problems in Hyundai Ioniq 5 SUVs
A series of complaints about a loss of power in Hyundai's popular electric SUV has begun a preliminary investigation into 2022 models of the Ioniq 5.
Musk says Tesla close to reaching vehicle autonomy
Billionaire Elon Musk told a crowd in France on Friday that Tesla is close to achieving fully autonomous vehicles, saying that autonomy was the "main driver" of its market value.



















