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Walmart Tests Drone Delivery Amid Escalating Competition With Amazon

Walmart Inc. is entering the drone delivery wars, its latest move to counter Amazon.com Inc.’s dominance in e-commerce as more Americans choose to shop from home.

September 9, 2020

Tesla Shares Plunge After GM’s Nikola Stake, S&P Omission

Tesla Inc. shares slid on Sept. 8 after the electric-vehicle maker missed out on being included in the S&P 500 Index, taking investors who had bet on its entry to the benchmark by surprise.

September 8, 2020

Nikola, GM Strike Deal for Pickup Trucks, Batteries

General Motors Co. and Nikola Corp. on Sept. 8 announced a strategic partnership under which GM will build Nikola’s Badger pickup truck and also serve as a key supplier of fuel cell-electric technology for Nikola’s Class 7 and Class 8 trucks.

September 8, 2020

Yandex, Uber to Spin Off Self-Driving Cars Into New Company

Yandex NV and Uber Technologies Inc. will spin off the self-driving car unit of their joint venture into a separate company, giving Yandex more control over the businesses and paving the way for new investors.

September 4, 2020

Musk Test-Drives VW Electric Car in Meeting With CEO Diess

Before Tesla Inc. CEO Elon Musk returned to the U.S. after a three-day visit to Germany, he made a final stopover to meet with one of his biggest competitors — Volkswagen AG CEO Herbert Diess.

September 4, 2020

Tesla Rout Extends to Fourth Day, Longest Streak Since March

Tesla Inc. fell as much as 4.2% in early Sept. 4 trading, heading for its first four-day losing streak since pandemic fears were at their height in mid-March.

September 4, 2020

Tesla’s Three-Day Correction Approaches Bear Market

Tesla Inc. shares are now officially in correction territory, in a week that saw the electric-vehicle maker announce a share sale that could dilute its value and a top holder say it would cut its stake nearly in half.

September 3, 2020

Daimler, °®¶¹´«Ã½ See Path to Autonomous Trucking as Marathon

One year after Daimler Trucks purchased a majority share in U.S.-based °®¶¹´«Ã½ to develop Level 4 autonomous trucks, efforts have accelerated to bring out highly automated trucks within the decade, company executives said.

September 3, 2020

DOT Launches Tracking Tool for AV TEST Initiative

U.S. Department of Transportation officials unveiled an online tracking tool for the agency’s Automated Vehicle Transparency and Engagement for Safe Testing (AV TEST) Initiative on Sept. 2.

September 2, 2020