For Elon Musk and Tesla, the blows from Wall Street came one after another this week – a relentless barrage that left the stock so beaten up that some now wonder if it can ever regain its status as the ultimate 21st century disrupter.
Browsing: Motoring
A fleet of driverless cars working together to keep traffic moving smoothly can improve overall vehicle flow by at least 35%, a study has suggested.
The world’s first all-electric vertical takeoff and landing passenger jet has been unveiled after completing its first flight.
Vehicles that appeal to swathes of consumers remain few and far between, and those on the road are still too expensive.
Done in by a broad stock market selloff and a weak earnings report posted by its primary rival, Uber plunged immediately at the opening of trading.
China’s electric vehicle market is so overcrowded it’s starting to resemble the dot-com bubble that burst at the turn of the century, the industry’s top producer warned.
Uber Technologies raised $8.1-billion in its initial public offering after pricing shares near the bottom of their marketed range.
Remember this moment. Early 2019 may have showed us the ceiling for the business of selling car rides at the tap of a smartphone.
Uber Technologies is seeking to raise as much as $9-billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84-billion.
Tesla expects to have full self-driving cars in which humans will not have to touch the steering wheel by around the second quarter of next year.