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Twitter-Musk Takeover Dispute Heading for an October Trial

Tesla CEO Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on July 19 set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it.

July 19, 2022

Cruise Faces Scrutiny After Snafus

General Motors Co.-backed self-driving startup Cruise is facing scrutiny from U.S. regulators and its own board of directors after a pair of on-road incidents raised questions about how ready the company is to expand its services.

July 15, 2022

Alphabet’s Wing Develops Fleet of New Drone Prototypes

Alphabet Inc.’s Wing subsidiary has developed a fleet of new drone prototypes designed to more efficiently deliver packages ranging from small pill bottles to items weighing as much as 7 pounds.

July 14, 2022

Tesla Autopilot Chief Karpathy to Depart

Andrej Karpathy, Tesla Inc.’s top artificial intelligence executive and the director of its Autopilot self-driving system, is planning to depart the automaker.

July 13, 2022

June Class 8 Sales Highest of the Year

U.S. Class 8 retail sales in June were the highest of the year and improved 12.7% compared with the previous June, Wards Intelligence reported.

July 13, 2022

Tesla Stock Teeters as Elon Musk Girds for Another Legal Battle

Tesla bulls rejoiced when Elon Musk sought to terminate his agreement to buy Twitter. That initial relief has given way to realization the hangover from this ordeal won’t lift anytime soon.

July 13, 2022

Twitter Sues to Force Musk to Consummate $44 Billion Buyout

Twitter Inc. sued billionaire Tesla CEO Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer.

July 12, 2022

Walmart Orders 4,500 Canoo Electric Vans

Canoo Inc. shares doubled in value after the struggling electric vehicle startup won an order for 4,500 vans from Walmart Inc.

July 12, 2022

The Next Frontier for Drones: Out of Sight

REMINGTON, Va. — For years, there’s been a cardinal rule for flying civilian drones: Keep them within your line of sight. Not just because it’s a good idea — it’s also the law.

July 6, 2022