amazon Amazon's Zoox Reveals Custom Autonomous Vehicle for Ride-Hailing Plans Zoox, the autonomous vehicle startup acquired by Amazon, unveils a purpose-built robotaxi designed specifically for its future ride-hailing service. The bidirectional vehicle carries up to four passengers and features a unique carriage-style seating layout.
tesla Leaked Tesla Self-Driving Settings Reveal Hidden Features And Quirky Options A leaked developer mode for Tesla's Full Self-Driving Beta exposes numerous hidden settings, including a surprising "California Stop" feature. The access provides a deeper look at the system's extensive capabilities ahead of a wider release.
tesla Leaked Tesla Self-Driving Settings Reveal Humorous Developer Options A recent leak of Tesla's Full Self-Driving developer mode exposes a wide array of hidden settings, including amusing options like "California Stop." The company continues testing the software with a select group of drivers before a wider rollout.
tesla Tesla Surpasses Toyota, GM, and Ford Combined in Historic Market Cap Milestone Tesla reaches a $526 billion market valuation, overtaking traditional automakers Toyota, GM, and Ford as its upcoming S&P 500 inclusion drives massive investor momentum.
polestar Polestar Issues Second Recall in October for Faulty Inverters and Heaters Polestar voluntarily recalls thousands of its newest electric vehicles due to defective inverters and coolant heaters. The company assures that North American vehicles remain unaffected by this latest service action.
ford Ford Prepares November Reveal for All-Electric Transit Cargo Van Ford confirms an upcoming virtual event to unveil its all-electric Transit cargo van for global markets. The vehicle represents a major part of the automaker's $11.5 billion investment in commercial electric vehicles.
tesla Tesla Promises Affordable $25,000 EV and Bold Delivery Growth at Battery Day Tesla CEO Elon Musk announces a 30% to 40% increase in vehicle deliveries for 2020 alongside a new battery design aimed at cutting production costs. The company also sets a three-year goal to produce a fully autonomous, $25,000 electric car.
quantumscape Solid-State Battery Startup QuantumScape Merges With SPAC in $3.3 Billion Deal QuantumScape, a Volkswagen-backed solid-state battery startup, agrees to a $3.3 billion merger with Kensington Capital Acquisition Corp. The deal aims to help the decade-old company commercialize safer, higher-energy batteries for electric vehicles.
tesla Tesla Thwarts Ransomware While Xpeng Raises $1.5 Billion in US Debut Today's top tech news includes Elon Musk confirming a foiled cyberattack on Tesla and Chinese electric vehicle startup Xpeng Motors raising $1.5 billion. Other major stories cover Walmart teaming up with Microsoft to pursue TikTok and Facebook's ongoing battle with Apple over ad tracking.
tesla Tesla Approves Five-For-One Stock Split Ahead of August Trading Tesla announces a five-for-one stock split that takes effect on August 31, causing shares to jump over 6% in after-hours trading. The move comes as the automaker's stock more than triples year-to-date following its recent S&P 500 qualification.
tesla Tesla Posts Fourth Consecutive Profit, Paves Way for S&P 500 Inclusion Tesla surprises Wall Street with a second-quarter profit, achieving a full year of positive earnings that qualifies the electric vehicle maker for S&P 500 inclusion. The milestone drives the stock higher and puts massive pressure on short-sellers.
covid-19 COVID-19 Vaccine Trials Show Promise While Tech Giants Roll Out New Features Researchers at Oxford and in Wuhan report promising early results for COVID-19 vaccines, though experts caution more study is needed. Meanwhile, Google Maps adds end-to-end bikeshare directions and Roblox launches a virtual event space.
tesla Tesla Overtakes Toyota to Claim Title of World's Most Valuable Automaker Tesla surpasses Toyota with a market capitalization of $208 billion, a massive milestone for the electric vehicle pioneer. Investors treat the company as a tech stock rather than a traditional car manufacturer, driving its valuation despite a huge gap in actual vehicle production.
tesla Tesla Overtakes Toyota to Become World's Most Valuable Automaker Tesla surpasses Toyota in market capitalization despite producing a fraction of the vehicles, highlighting a massive shift in how investors value the future of electric transportation.
tesla Tesla Wins Legal Battle to Reopen California Factory After Standoff Tesla emerges victorious in its fight against Alameda County to resume operations at its Fremont manufacturing plant. The factory receives approval to fully reopen next week after implementing new safety guidelines.