Automobile
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Tesla criticised in the US after opening a showroom in China’s controversial Xinjiang region
Jan 4, 2022Electric car maker Tesla has been criticised in the US after opening a showroom in China’s controversial Xinjiang region. The company, headed by billionaire Elon Musk, opened the showroom in the city of Urumqi on New... -
Tesla to make changes to its Passenger Play feature while the car is in motion
Dec 28, 2021Tesla has agreed to make changes to its Passenger Play feature that allowed games to be played on its touchscreen while the car is in motion. It follows an investigation launched by the US National Highway... -
Amazon.com Inc now owns about a fifth of Rivian Automotive
Oct 31, 2021Amazon.com Inc, an early backer of Rivian Automotive, now owns about a fifth of the electric-truck maker, the e-commerce giant disclosed in a quarterly filing on Friday. Ford Motor Co, which has a strategic relationship with... -
Volvo is valued at more than $22bn after its shares jumped in the first hours of trading of its market debut
Oct 31, 2021Swedish car company Volvo is now valued at more than $22bn (£16bn) after its shares jumped in the first hours of trading of its market debut. Volvo, majority-owned by Chinese firm Geely, offered up shares in... -
Renault to cut output by 500,000 cars this year due to a crippling global semiconductor shortage
Oct 24, 2021Renault said on Friday it would cut output by 500,000 cars this year, more than double its previous forecast due to a crippling global semiconductor shortage, but maintained its profit outlook helped by higher car prices... -
Tesla Inc increased the price of its Model X Long Range and Model S Long Range variants by $5,000
Oct 24, 2021Tesla Inc has increased the price of its Model X Long Range and Model S Long Range variants by $5,000, the electric-car maker’s website showed on Saturday. The Model X Long Range and Model S Long... -
Tesla brushed off supply chain issues and the global microchip shortage to report record quarterly sales and profits
Oct 24, 2021Electric car maker Tesla has brushed off supply chain issues and the global microchip shortage to report record quarterly sales and profits. Revenues rose to $13.76bn in the third quarter of the year, up from $8.77bn... -
Tesla is moving its headquarters from Silicon Valley to Texas, Elon Musk said
Oct 8, 2021Tesla chief Elon Musk told investors on Thursday that the leading electric vehicle maker is moving its headquarters from Silicon Valley to Texas, where it is building a plant. “I’m excited to announce that we’re moving... -
Toyota outsold General Motors Co in the United States for the first nine months of 2021
Oct 3, 2021Japanese automaker Toyota Motor Corp outsold General Motors Co in the United States for the first nine months of 2021 as the Detroit automaker grappled with production problems stemming from the semiconductor chip shortage. Toyota during... -
Tesla Inc delivered a record electric cars in Q3
Oct 3, 2021Tesla Inc said on Saturday it had delivered a record electric cars in the third quarter, beating Wall Street estimates after Chief Executive Elon Musk asked staff to “go super hardcore” to make a quarter-end delivery...
