By Medha Singh (Reuters) – U.S. stock futures fell on Wednesday, as investors eyed Federal Reserve Chairman Jerome Powell’s remarks later in the day for clues on the central bank’s interest rate policy direction. Powell begins his two-day semi-annual moneta…
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Nio’s stock keeps rising toward its best-ever 6-day run
Shares of Nio Inc. soared in active trading Tuesday as the China-based electric car maker sped toward its biggest six-day rally since going public. The stock NIO, +5.73% shot up 6.2% in afternoon trading toward a sixth-straight gain, and the highest close…
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Elon Musk ‘unhappy’ with Tesla’s Autopilot team, report says
Tesla Inc. Chief Executive Elon Musk is unhappy with his companys progress in developing fully autonomous vehicles, and at least 11 members of the software team have left in the past few months, according to a Tuesday report on The Information that cited one …
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BMW Is Playing It Safe With Electric Cars, and Its Development Chief Makes No Apologies For That
BMWs CEO Harald Krüger is stepping down from his job after just four years, in part for coming under fire for the companys slow transition to electric vehicles. Though BMW got an early head start on electrification with cars like the i3 and i8, it didnt capit…
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This Tesla-Powered Honda Is The Raw, Funky Future Of Hot-Rodding
The future arrives in moments like this: a beige Honda vaporizing its drag radials, the car squirming against line-locked front wheels like a rottweiler on a rope. Smoke spills across the asphalt. Pellets of hot rubber fling from the tires, then rain from abo…
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