When experts want to illustrate the potential safety of self-driving cars, they point to the remarkable safety record of modern aircraft, and rightly so. Globally, only one fatal accident occurs for every 3 million large commercial passenger flights (down by …
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In light of the news, Tesla’s stock fell by nearly three percent in early trading on Thursday. Tesla said in a statement on Thursday that it would invest in the Nevada factory “as needed”. “We will of course continue to make new investments in Gigafactory 1, …
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It has also introduced leasing and made Autopilot standard.Tesla’s $35,000 Model 3 is only available as a special order Tesla has halted online sales of the $35,000 Model 3 and will only sell it by telephone or in its stores. It also made the Autopilot drive…
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Talks between General Motors Co. and electric-vehicle startup Rivian Automotive Inc. about the largest U.S. carmaker buying an equity stake have reached an impasse and may be dead, people familiar with the matter said. GM had negotiated potentially tak…
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Donald Trump once called himself the “king of debt.’’ Hui Ka Yan, China’s richest property mogul, has a much stronger claim to the throne. No one has gotten wealthier on the back of a corporate borrowing binge than Hui. His junk-rated China Evergrande Gr…
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