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Tesla (NYSE;TSLA) is well on its way to becoming the next Wall Street darling as it continues to upend the auto industry, said Social Capital CEO Chamath Palihapitiya at Monday’s Sohn Conference in New York City.

Citigroup listed seven companies as potential takeover targets for Apple, including Netflix, Walt Disney and Tesla, as a way to put its cash hoard of more than $250 billion to work.

Federal prosecutors have begun a criminal investigation into Uber Technologies Inc.’s use of software as part of a company program known as 'Greyball' that helped drivers avoid local regulators.

Sportscar maker Porsche is opening a digital technology center with 100 staff in Silicon Valley.

With the Model 3 due to arrive this year, Tesla plans to open nearly 100 new retail, delivery and service locations worldwide.

Truck makers anticipate that federal spending on infrastructure could translate into strong sales.

Connecticut's Department of Motor Vehicles says electric car maker Tesla Motors has operated its Greenwich "gallery" like a new car dealership, but without the proper state license.

German luxury automaker BMW says net earnings rose 31 percent in the first three months of the year as sales increased in Europe, the U.S. and Asia, led by profitable SUVs and the 7-Series large sedan.

German luxury automaker BMW says net earnings rose 31 percent in the first three months of the year as sales increased in Europe, the U.S. and Asia, led by profitable SUVs and the 7-Series large sedan.

Tesla's first-quarter loss widened as the Silicon Valley company cranked up spending before it attempts the critical shift from a niche luxury brand to a mainstream auto maker.

The Kia Sorento adds connectivity and safety features for 2017 while remaining one of the most affordable SUVs of its size.

The Kia Sorento adds connectivity and safety features for 2017 while remaining one of the most affordable SUVs of its size.

Automotive parts and electronics maker Delphi Corp. plans to spin off its vehicle powertrain operations into a separate publicly traded company.

Volkswagen confirmed its outlook for the full year and reported a sharp rise in first-quarter profit despite the ongoing fallout from its emissions-cheating scandal.

Volkswagen confirmed its outlook for the full year and reported a sharp rise in first-quarter profit despite the ongoing fallout from its emissions-cheating scandal.

German automaker Volkswagen is reporting that first-quarter profit jumped 44 percent as the company works past its scandal over diesel cars rigged to cheat on emissions tests.

Self-driving software company nuTonomy is teaming up with French automaker Groupe PSA.

U.S. stock indexes are little changed Tuesday morning as weak auto sales drag down car makers even as other companies report strong earnings.