Browsing: automotive
VinFast’s revenue growth is fast, but the electric-vehicle maker’s costs grow faster. Vietnam’s Tesla challenger is building a $2 billion…
Elon Musk says Rivian needs to ‘cut costs massively’ and its execs should ‘live in the factory’ or the Tesla rival will die
Elon Musk is not surprised by the bad news hitting Tesla rival Rivian. He’s been warning about it for some…
Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Elon Musk’s Tesla
One major problem for automakers as they transition to electric vehicles is that traditional cars still generally cost less. That…
Elon Musk said it was ‘time to move on’ from hybrids years ago—but a windfall from them will help Japanese carmakers challenge Tesla in EVs
Timing matters. When it comes to timing the transition to electric vehicles, several Japanese automakers may be getting it just…
Qualcomm beat consensus estimates in its latest earnings release, delivering top-line revenue of nearly $10 billion. While most of Qualcomm’s…
Germany set for 14% drop in electric-vehicle sales as carmakers scale back ambitions and demand ‘does not look good’
Standing at the front of the room at an auto industry association’s new year reception in Berlin this week, BMW CEO Oliver Zipse had…
Warren Buffett said Ferrari was ‘in a special place’ 8 months ago. Now it’s nearing a $100B market value
Warren Buffett isn’t big on automakers. As the Berkshire Hathaway CEO said at the conglomerate’s shareholder meeting last May: “The…
Apple veteran instrumental to iPhone development leaves for electric-vehicle maker Rivian: ‘Now is the time for me to move on’
An Apple Inc. veteran who led work on home devices and helped start efforts to develop an electric vehicle is leaving for Rivian…
GM admits to ‘numerous’ failings in Cruise robotaxi debacle that saw CEO embarrassed and a pedestrian dragged 20 feet
General Motors Co. blamed poor leadership for mishandling its Cruise robotaxi crisis, an admission the company is hoping will help get its…
As Tesla-beating BYD and other Chinese EV makers rise, German auto suppliers struggle: ‘Who is the winner and who is the loser is changing’
China’s BYD, which recently passed Tesla in global sales of electric vehicles, is exporting its cars around the world, from…












