September 19, 2022 Uber, a ride-hailing service, said there was no evidence that users' personal information was exposed in a breach of its internal computer system discovered late Thursday. It also mentioned that it had returned all internal more...
August 23, 2022 Ford Motor has announced plans to cut 3,000 payroll and contract jobs, mainly in North America and India, as the company moves to develop software-driven electric vehicles. Ford's workforce primarily supports a traditional range of more...
August 22, 2022 The U.K. government has announced a planned effort to ensure widespread adoption of self-driving cars by 2025, a roadmap that will help the U.K. government tap into the burgeoning market for autonomous vehicles. To achieve more...
August 18, 2022 A test by the Swedish automotive magazine Vi Bilägare shows that safety-wise, physical buttons outperform touchscreens in new cars. After a thorough test of the HMI system (Human-Machine Interface) in a total of twelve cars more...
August 5, 2022 Ride-hailing company Lyft on Thursday forecast an adjusted operating profit of US$1 billion for 2024, and the company is also targeting US$700 million in free cash flow in 2024. The forecast follows a sales report more...
July 22, 2022 Tesla announced in its second quarter earnings report that it shed about 75% of its Bitcoin between April 1 and the end of June. Musk explained that the decision to convert Tesla's Bitcoin holdings was more...
July 7, 2022 A technology called Intelligent speed assistance (ISA) is now compulsory for all new car models and types of vehicles in the EU beginning July 6. This will also be required for all new cars sold more...
July 6, 2022 Tesla has announced an 18% drop in car deliveries for the second quarter of 2022. The automaker announced that between April and June, the company produced only 258,580 electric vehicles and delivered only 254,695. Compared more...
June 30, 2022 Tesla has closed its office in San Mateo, California, and about 200 employees working on the Autopilot driver assistance system have been laid off, with most of the laid-off workers classified as hourly workers. The more...
June 23, 2022 In an interview with Tesla Owners of Silicon Valley, Musk said the company's new car factories in Texas and Berlin are "losing billions of dollars." According to Musk, supply chain problems and COVID-19 restrictions have more...
