Latest News Updates From Craig Trudell

BusinessTechnologySafetyAutonomous

Tesla Tester Nearly Crashes While Using ‘Full Self-Driving’

A Truist Securities analyst with a hold rating on Tesla’s stock wrote that he narrowly avoided a crash when he test-drove one of the carmaker’s vehicles and used its driver-assistance system.

July 30, 2024
GovernmentBusinessTechnologySafety

Tesla Deploys Fix to 1.85 Million Cars After Hoods Fly Open

Tesla Inc. released a software update to 1.85 million cars in the U.S. to guard against its vehicles’ hoods flying open during driving.

July 30, 2024
BusinessTechnologyEquipment

AutoNation Warns CDK Hack Put a Dent in Quarterly Earnings

AutoNation warned the cyberattack that crippled retailers across the country until early this month cost the company a significant chunk of second-quarter earnings.

July 15, 2024
GovernmentBusinessTechnologySafety

Tesla Recalls Cybertrucks Twice in One Day

Tesla Inc. is recalling its Cybertruck model again over faulty windshield-wiper components and trim pieces that may come loose while driving.

June 25, 2024
BusinessEquipment

Geely to Sell $1.32 Billion of Volvo Truck Shares

Shares of truck maker Volvo AB dropped as much as 5.9% in Stockholm on news that China’s Zhejiang Geely Holding Group had sold the entirety of its Class B shares, worth about $1.3 billion.

April 19, 2024
GovernmentBusinessTechnologySafety

Tesla Recalls 3,900 Cybertrucks to Repair Faulty Pedals

Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.

April 19, 2024
BusinessTechnology

Tesla’s Next Major Growth Phase May Be Years Away

Tesla is likely years away from fully ramping a new lower-cost model, which will take the company longer than Wall Street is assuming, Evercore analysts said.

March 11, 2024
BusinessTechnology

Tesla Rakes In Billions From Selling Regulatory Credits

Tesla continues to cash in on other carmakers needing help to meet emissions standards, keeping up a lucrative business the company thought would fade away: selling regulatory credits.

February 9, 2024
BusinessTechnologyEquipment

Tesla Starts Cybertruck Production Two Years Behind Schedule

Almost four years after Elon Musk first unveiled Tesla Inc.’s debut pickup, the automaker has built its first Cybertruck.

July 17, 2023
BusinessTechnology

EV Startups Confronting Setbacks

Truck manufacturer Nikola Corp. and delivery-van maker Arrival added to a series of misfortunes for electric vehicle startups struggling to make it to mass production.

July 5, 2023