Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters With Elon Musk’s xAI planning to build a massive, natural-gas burning power plant in Southaven, Mississippi, the state’s environmental authority has scheduled a board meeting for Tuesday — Election Day…
A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty Images Amazon‘s self-driving unit Zoox plans to start testing its autonomous vehicles in Dallas and Phoenix, the company announced Monday. To start, Zoox will deploy a “small number” of its retrofitted Toyota Highlander SUVs,…
NANJING, CHINA – MARCH 2, 2026 – New energy vehicles parked outside a BYD store in Nanjing, Jiangsu Province, China on March 2, 2026. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images BYD lost ground to its domestic competitors over the first two months of the year,…
Elon Musk looks on as President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Since buying Twitter for around $44 billion in late 2022, Elon Musk has changed the name to X, merged…
State Farm on Thursday announced a historic $5 billion dividend for its car insurance members, the largest in the mutual insurance company’s 103-year history. “This dividend is possible due to State Farm Mutual’s financial strength and a stronger than expected underwriting performance, which has been reported industry wide,” the company said in a statement. Customers…
Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025. Nurphoto | Nurphoto | Getty Images Auto giant Stellantis on Thursday reported its first-ever annual loss after booking substantial write-downs amid a major strategic shift. The multinational conglomerate, which owns household…
A Lucid Gravity coming off the line at the company’s factory in Casa Grande, Arizona. Lucid Group reported mixed fourth-quarter results Tuesday as the electric vehicle maker continues to face challenging market conditions and internal struggles. The company widely missed Wall Street’s quarterly earnings expectations, while beating average revenue estimates by roughly 12%. It also…
Elon Musk, chief executive officer of Tesla Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg | Bloomberg | Getty Images U.S. electric vehicle maker Tesla‘s sales in Europe were down for a 13th consecutive month in January, while its biggest Chinese rival saw another surge. Data published…
An aerial view of the Tesla Fremont Factory in San Rafael, California, Jan. 29, 2026. Justin Sullivan | Getty Images Tesla is suing California’s Department of Motor Vehicles to reverse a ruling that found the automaker violated the law by falsely promoting its cars’ self-driving capabilities. The suit comes two months after the state’s Office…
Uber to acquire SpotHero. Courtesy: Uber Technologies, Inc. Uber said it’s acquiring SpotHero, a company that provides a parking reservation app for crowded downtowns, sporting events and concerts. Terms weren’t disclosed, but Uber said on Monday that it plans to offer a “parking reservation experience, powered by SpotHero” within its own app to help users…
