The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Jan 26 (Reuters) - Elon Musk asked a federal judge to dismiss a proposed class action by voters who said the world's richest person defrauded them into signing a petition to support the U.S ...
Banks that loaned multi-hyphenate billionaire Elon Musk an appreciable $13 billion for his ill-advised $44 billion acquisition of Twitter in late 2022 are getting ready to offload billions of debt ...
The bear case is that CEO Elon Musk is famously overly optimistic and widespread deployment of AI-trained self-driving cars is still years away. “I know people said Elon’s the boy who cried wolf,” ...
That answer may well be true. After all, sales of purely internal combustion vehicles have been in decline globally since ...
Musk noted an autonomous fleet could see vehicles utilized an average of 55 hours per week, vs. the current average for ...
Trump's tariffs will protect the US auto industry just long enough for it to decline into technological obsolescence.
“Chery” is hardly a more familiar name to European car buyers than “Omoda”, and clearly they didn’t think it had much export ...