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Billionaire investor Ron Baron trims Tesla stake, bets on electric truck maker Rivian and autonomous driving start-up Cruise

Disruption in the auto sector remains an investment theme for Baron, as evidenced by new investments the fund manager has made over the past year. CNBC TV A fund managed by billionaire investor Ron Baron trimm.....»»

Category: topSource: businessinsiderMar 4th, 2021

Factbox: Tesla, Detroit, Amazon-backed Rivian race to electrify pickup trucks

Tesla Inc debuted its electric pickup truck Cybertruck on Thursday, joining a list of automakers and start-ups that have been working on electrifying pickup trucks - the heart of the Detroit automakers' profits......»»

Category: topSource: reutersNov 22nd, 2019

CNBC: Tesla Loses Key Engineer To Autonomous Startup

Tesla Inc (NASDAQ: TSLA) has lost a key Autopilot engineer to the self-driving truck start-up Embark, CNBC reported Thursday. read more.....»»

Category: blogSource: benzingaJun 14th, 2019

Ford invests $500 million in Rivian as Tesla-style EV maker gears up downstate

Electric truck startup Rivian, which is op.....»»

Category: topSource: chicagotribuneApr 24th, 2019

Tesla unveils ‘best in the world’ chip for self-driving cars at event

Tesla Inc. stock falls as the company’s investor day, solely focused on its autonomous driving capabilities, gets under way and the car maker unveils hardware dedicated to driverless cars......»»

Category: topSource: marketwatchApr 22nd, 2019

Daimler buys Torc Robotics stake for self-driving trucks

Daimler Trucks has agreed to buy a majority stake in self-driving truck software maker Torc Robotics as part of a broader push to develop autonomous vehicles......»»

Category: topSource: reutersMar 29th, 2019

Daimler buys Torc Robotics stake in self-driving trucks push

Daimler Trucks has agreed to buy a majority stake in autonomous truck software maker Torc Robotics as part of a broader push to develop self-driving vehicles......»»

Category: topSource: reutersMar 29th, 2019

Tesla"s Autopilot engaged during Utah crash

The driver of a Tesla electric car had the vehicle's semi-autonomous Autopilot mode engaged when she slammed into the back of a Utah fire truck over the weekend, in the latest crash involving a car with self-driving features......»»

Category: topSource: moneycentralMay 15th, 2018

Kiss of Death: Soros Buys Tesla Debt

Kiss of Death: Soros Buys Tesla Debt $TSLA Billionaire investor George Soros has invested in electric car maker Tesla at a time when the company is facing stock sell-off am.....»»

Category: topSource: livetradingnewsMay 17th, 2018

Tesla investor takes 11% stake in rival electric-car maker Nio

Baillie Gifford & Co., a major Tesla Inc. shareholder, has taken an 11.44% stake in Chinese electric-car maker Nio Inc. , according to a filing Tuesday. Ba.....»»

Category: topSource: marketwatchOct 9th, 2018

Shares of Nio jump 22% after Tesla investor takes a stake

Shares of Chinese electric car maker Nio jumped 22 percent Tuesday after Tesla investor Baillie Gifford revealed it owns 85.3 million shares in the company in a filing......»»

Category: topSource: moneycentralOct 9th, 2018

Oracle"s Ellison reveals $1 billion stake in Tesla

Oracle founder Larry Ellison has emerged as the second-biggest individual investor in Tesla, with a holding in the electric car maker worth $1 billion......»»

Category: topSource: moneycentralJan 8th, 2019

Oracle"s Ellison reveals $1 billion stake in Tesla

Oracle founder Larry Ellison has emerged as the second-biggest individual investor in Tesla, with a holding in the electric car maker worth $1 billion......»»

Category: topSource: moneycentralJan 8th, 2019

Tesla Tells Regulators Elon Musk"s Tweet Doesn"t "Match Engineering Reality" On Self-Driving Tech

Tesla Inc. (NASDAQ: TSLA) has privately admitted that CEO Elon Musk has been overstating the capability of the electric vehicle maker’s self-driving technology. read more.....»»

Category: blogSource: benzingaMay 10th, 2021

Tesla, Nio Significantly Cut From Baillie Gifford Portfolio, Here"s What The Firm Bought Instead In Q1

Investment management firm Baillie Gifford shed significant stake in electric carmakers Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO) in the first quarter and bought shares in vaccine maker Moderna Inc read more.....»»

Category: blogSource: benzingaMay 7th, 2021

The Ratings Game: GM stock rallies on record first quarter that leaves Ford, Tesla in the dust

General Motors Co. stock rallies toward its best in a month after the car maker reported record first-quarter results, kept its guidance intact, and sounded optimistic about its electric-car and autonomous-vehicle prospects......»»

Category: topSource: marketwatchMay 5th, 2021

Rivian plant gearing up for June launch, the return of automaking to Normal and the dawn of the electric vehicle age

Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon delivery van have captured the auto world’s attention, is launching production in June and plans to employ 2,500 at its plant in downstate Normal by the end of the.....»»

Category: topSource: chicagotribuneApr 17th, 2021

Rivian plant gearing up for June launch in Normal

Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon.....»»

Category: topSource: chicagotribuneApr 16th, 2021

Xpeng Confirms It"s Exploring Making Self-Driving Chips In-House

Chinese electric vehicle maker XPeng Inc. (NYSE: XPEV) has confirmed it is exploring making its own dedicated chips for autonomous driving, CNBC reported Wednesday. read more.....»»

Category: blogSource: benzingaApr 15th, 2021

Xpeng Said To Be Developing Own Chips, With Year-End Rollout Target

Chinese electric vehicle maker XPeng Inc. (NYSE: XPEV) is working on developing dedicated chips for autonomous driving and could launch them by the end of this year or early next year, according to a report by 36kr (via read more.....»»

Category: blogSource: benzingaApr 8th, 2021

Optimus Ride, Polaris developing electric, autonomous shuttles

Manufacturer Polaris Inc. is partnering with Optimus Ride, a Boston-based maker of autonomous vehicle technology, to launch a line of low-speed, electric and self-driving shuttles. The companies, which announced the team-up early Tuesday, said .....»»

Category: topSource: bizjournalsMar 30th, 2021