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.....»»
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......»»
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.....»»
Ford invests $500 million in Rivian as Tesla-style EV maker gears up downstate
Electric truck startup Rivian, which is op.....»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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......»»
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.....»»
Rivian plant gearing up for June launch in Normal
Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon.....»»
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.....»»
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.....»»
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 .....»»