“We expect a green light after Tesla’s response but the big focus is on more widespread launches in the U.S. after the Austin pilot kicks off,” said Wedbush Securities stock analyst Dan Ives. “It’s a pivotal time for Musk.” On that same call, Musk said he was stepping back from his work as President Donald […]

Saudi-U.S. Investment Forum U.S. President Donald Trump used the Saudi-U.S. Investment Forum this week as a springboard for announcing allegedly the single largest arms deal in history, according to MSNBC reporting, as he agreed to sell $142 Billion worth of American drones, manned aircraft, missiles, and “advanced

Tesla CEO Elon Musk confirmed during the Saudi-U.S. Investment Forum on Tuesday that the company’s Robotaxi platform would eventually land in the Kingdom of Saudi Arabia, essentially confirming the intention to grow a driverless fleet of vehicles outside of the United States. This is the first time Musk has specifically confirmed Tesla’s intention to expand

Executive orders and increased living costs have challenged growth, military and business executives say. (Bethany Baker | The Salt Lake Tribune) The South Gate entrance at Hill Air Force Base near Layton on Saturday, Feb. 22, 2025. The base’s workforce is expected to grow 30% over the next 20 years, a deputy commander said Tuesday.

Nio Inc, which includes the Nio, Onvo and Firefly brands, had 6,060 insurance registrations in China last week, up 18.82 percent from the previous week. Tesla‘s insurance registrations in China last week were down 57.89 percent from the previous week’s 7,290 units. Major electric vehicle (EV) makers saw a mixed performance in insurance registrations in

In the wake of a social media disagreement, OpenAI CEO Sam Altman has made a peace offering to Tesla Inc.’s chief Elon Musk. What Happened: Altman underscored the importance of their mutual interest in artificial general intelligence (AGI), suggesting it should take precedence over their personal dispute. On Saturday in a post on X, Altman

The Federal Railroad Administration, the nation’s railroad agency, has brought in the Boring Company, the tunneling firm founded by Elon Musk, to see if it could help with a multibillion-dollar Amtrak project, according to three people familiar with the discussions. Federal Railroad Administration officials have talked with employees at the Boring Company about assessing the

GM announced that it has hired Sterling Anderson, who is known for being the early head of Tesla Autopilot and co-founder of self-driving startup Aurora. Anderson joined Tesla in 2014 to lead the Model X program, but he is better known for being the early leader of the Autopilot program at Tesla from 2015 to

U.S. auto safety investigators asked Tesla to answer questions on the automaker’s plans to launch a paid robotaxi service in Austin, Texas, in June to assess how it will perform in poor weather.