For Tesla Inc., the 9% tariff is relatively welcome news, as it’s lower than what other manufacturers face.
August 20, 2024Search
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GM to Cut More Than 1,000 Software Engineers, Mostly in US
General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.
August 19, 2024WeRide May Seek Up to $400 Million in US IPO, Placement
China’s WeRide Inc. is seeking as much as $400 million in a U.S. initial public offering and concurrent private placement, people familiar with the matter said.
August 9, 2024Uber Beats Expectations as Rideshare Demand Remains Strong
Uber Technologies Inc. reported better-than-expected orders in the second quarter, underscoring the continued strength in demand for rideshare and delivery services.
August 6, 2024Aurora Raises $483 Million From Public Offering
Aurora Innovation raised $483 million in a public stock offering this week as the autonomous trucking company looks to fund operations beyond its commercial launch later this year.
August 5, 2024US Reportedly Moves to Ban China Software in Autonomous Cars
The U.S. may propose barring Chinese software in autonomous vehicles in coming weeks amid security concerns, according to Reuters.
August 5, 2024Tesla in Fatal Washington Crash Was Using Self-Driving System
DETROIT — Authorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating on the company’s “Full Self Driving†system.
July 31, 2024Tesla 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, 2024Aurora, Waymo Seek Alternative to Roadside Warning Triangles
Drivers whose trucks are sidelined along a busy highway with service issues have for decades been required to place warning triangles behind the trailer to alert oncoming traffic.
July 29, 2024GM’s Cruise Targets Resumption of Driverless Rides This Year
Cruise is targeting a return to running fully autonomous rides later this year and possibly charging fares by early 2025, said people familiar with the matter.
July 25, 2024