Tesla shares dropped more than 5% on Thursday after the company’s deliveries and production report for the first quarter showed a drop from the prior period, with mild growth from a year earlier. Tesla has recorded annual declines in the past two years. Here are the key numbers: Total Q1 vehicle deliveries: 358,023 Total Q1…
JINHUA, CHINA – JULY 16: Employees work on the assembly line of new energy vehicles at an intelligent factory of Leapmotor on July 16, 2025 in Jinhua, Zhejiang Province of China. (Photo by Jin Sicheng, Zheng Yali, Shi Kuanbing/Zhejiang Daily Press Group/VCG via Getty Images) Vcg | Visual China Group | Getty Images A Hong…
An electric vehicle (EV) is left to charge at a charging station in Tehran on February 23, 2026. Atta Kenare | Afp | Getty Images The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this will…
SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s SpaceX has confidentially filed for an IPO with the Securities and Exchange Commission, sources told CNBC’s David Faber, bringing Elon Musk’s rocket company one step closer to what’s expected to be a record public offering. Bloomberg was first…
Mercedes-Benz USA CEO Adam Chamberlain said Tuesday that 2026 is shaping up to be more challenging than expected. “If you look at the market in the first couple of months of the year, the market environment is definitely a little tougher than we anticipated,” Chamberlain told CNBC at the company’s manufacturing plant in Vance,…
Elon Musk looks on as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Judge Kathaleen McCormick of Delaware said Monday that she’s reassigning cases involving Elon Musk after the Tesla CEO accused…
A modified Tesla Model X drives in the tunnel entrance before an unveiling event for the Boring Co. Hawthorne test tunnel in Hawthorne, California, December 18, 2018. Robyn Beck | Pool | Reuters When Elon Musk’s Boring Company announced plans in July to build 20 miles of tunnels in Nashville to carry passengers to and from downtown…
The 2027 Infiniti QX65. Courtesy: Infiniti Japanese brand Infiniti on Thursday unveiled a new midsize luxury SUV, called the QX65, as it tries to mount a comeback in the U.S. The vehicle will have a 268-horsepower VC-Turbo engine with 286 foot-pounds of torque, as well as dual 12.3-inch displays. The QX65 “accelerates INFINITI into its…
SpaceX CEO Elon Musk during the World Economic Forum in Davos, Switzerland, Jan. 22, 2026. Bloomberg | Bloomberg | Getty Images Elon Musk’s legal team is demanding that a judge in the Delaware Court of Chancery, Kathaleen McCormick, recuse herself from two Tesla lawsuits, alleging she showed bias in supporting a LinkedIn post that was…
Production of the Toyota Camry at the automaker’s plant in Georgetown, Kentucky. Courtesy Toyota Toyota Motor on Monday announced it would spend $1 billion at two U.S. plants as part of a plan to invest up to $10 billion domestically over the next five years. The new investments include $800 million at a plant in…
