Adam Jonas, Morgan Stanley auto analyst. CNBC Noted Morgan Stanley auto research analyst Adam Jonas will be stepping into a new role at the firm. Save for a brief stint as a researcher at a European competitor, Jonas has been with Morgan Stanley (and predecessor firm Dean Witter) since graduating from college, eventually working his…
Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images China’s largest EV maker BYD posted its first monthly delivery decline this year, amid stiff competition from a price war that has attracted attention from policymakers in Beijing. While other major Chinese electric…
A jury in Miami has determined that Tesla should be held partly liable for a fatal 2019 Autopilot crash, and must compensate the family of the deceased and an injured survivor a portion of $329 million in damages. Tesla’s payout is based on $129 million in compensatory damages, and $200 million in punitive damages against the…
A Tesla vehicle passes the Wilkie D. Ferguson Jr. U.S. Courthouse as jury selection began in connection with allegations regarding the safety of Tesla’s autopilot system on July 14, 2025 in Miami, Florida. Joe Raedle | Getty Images Tesla is facing a crucial verdict in a personal injury trial over a fatal Autopilot crash in…
Elon Musk has expanded a number of his companies within Texas, including Tesla, SpaceX, the Boring Co. and Neuralink. Tesla broke ground on a lithium refinery in Texas earlier this year with Governor Greg Abbott in attendance. Christophe Gateau | Picture Alliance | Getty Images Elon Musk’s tunneling venture, The Boring Company, announced plans earlier…
Ford Motor reported second-quarter revenue that beat expectations Wednesday, and reinstated its full-year guidance, which includes an estimated net $2 billion hit from tariffs. The automaker suspended its full-year guidance in May due to President Donald Trump’s auto tariffs. At that time, Ford predicted a $2.5 billion impact from tariffs this year but said it…
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images Auto giant Stellantis on Tuesday reinstated its financial guidance and touted a gradual recovery over the coming months. Stellantis, which owns household…
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Alphabet’s Waymo unit plans on bringing its robotaxi service to Dallas next year, adding to a growing list of prospective U.S. markets for 2026, including Miami and Washington, D.C. Rental car company Avis…
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images At Tesla, vehicle sales are slumping, profits are thinning and revenue from regulatory credit sales are poised to dry up due to Republican-led…
A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. Tim Goessman | Bloomberg | Getty Images In an earnings call this week, Tesla CEO Elon Musk teased an expansion of his company’s fledgling robotaxi service to the San Francisco Bay Area and other…
