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Tesla HQ officially moves to Texas

Tesla has moved its corporate headquarters from California to Texas, as promised by Elon Musk during the company's shareholder meeting this year.

Carmakers get inventive as global chip crisis bites

Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get creative to cope with the global shortage of semiconductors.

GM eyes electric boats in new investment

General Motors has acquired a 25% stake in Pure Watercraft, a Seattle-based company specializing in electric boats and outboard motors, at a $600 million valuation.