Elon Musk takes stage at Tesla Cybertruck deliveries event in Austin

Tesla CEO Elon Musk took the stage to reveal details about the company’s new and unconventional Cybertruck pickup on Thursday in Austin, Texas, one day after he appeared in a bizarre interview at the DealBook Summit in New York. At that earlier event, Musk boasted, “It will be the biggest product launch of anything by … Read more

Ford is testing drone deliveries at the derelict train station in Detroit it’s rehabbing

Detroit’s Michigan Central Station, the once beautiful but now abandoned train station that Ford is rehabilitating into an innovation and technology hub, is about to be swarmed by drones. The Ford subsidiary that operates the train station, Michigan Central, announced today that it’s teaming up with the state’s Department of Transportation (MDOT) to test out … Read more

Luxury EV maker Lucid misses the mark on deliveries

Lucid said Tuesday it delivered 1,457 of its luxury all-electric Air sedans in the third quarter, missing Wall Street expectations by about 500 vehicles. Perhaps more troubling is the year-over-year comparison. Lucid delivered 1,398 vehicles in the third quarter of 2022, meaning growth over the past year is nearly flat. It was the same story … Read more

Tesla cuts Model 3, Model Y prices in the U.S. after deliveries fall

A Tesla dealership in Colma, California, U.S., on Wednesday, Jan. 26, 2022. David Paul Morris | Bloomberg | Getty Images Tesla cut the price of some Model 3 and Model Y versions in the U.S. after the company reported third-quarter deliveries that missed market expectations. The starting price for the Model 3 is listed at … Read more

Xpeng (XPEV) shares leap as Chinese language EV maker sees deliveries rise

A XPeng Inc. G6 electrical sport utility automobile (SUV). The corporate is hoping the discharge of the brand new automotive will enhance gross sales which plunged within the first quarter. Qilai Shen | Bloomberg | Getty Photos Shares of Xpeng had been increased Monday within the U.S. after the Chinese language electrical automobile maker reported … Read more

Boeing warns new defect on 787 Dreamliners will gradual deliveries

An worker works on the tail of a Boeing Co. Dreamliner 787 airplane on the manufacturing line on the firm’s closing meeting facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Pictures Boeing on Tuesday warned a couple of new defect on its 787 Dreamliner planes and that it’s going to delay … Read more