Harley-Davidson Stock Drops Amid Talks of Moving Production out of U.S.
Harley-Davidson stock drops! President Donald Trump has been focused on “fixing” various policies throughout his presidency, but the one he’s taken the most action on thus far is trade and tariffs. Bloomberg reported this morning that ... [Read]
Telsa CEO Claims Employee Sabotaged Operations
Tesla employee sabotage: Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has not started off the week very well after he alleged that an employee of the company sabotaged operations. According to a recent article from Reuters, Musk had ... [Read]
Tesla Job Cuts to Come in Restructuring Attempt
Tesla Job Cuts. California-based electric car company Tesla (NASDAQ:TSLA) will be cutting nine percent of its workforce in an attempt to restructure the company. The ‘Difficult’ Decision In an email to employees, Tesla CEO Elon ... [Read]
Tesla Cars to Be Fully Autonomous By August
Tesla fully autonomous cars: In a Twitter (NYSE:TWTR) reply posted on Sunday, Tesla (NASDAQ:TSLA) CEO, Elon Musk, suggested that the company’s electric cars will be fully self-driving by August 2018. That issue is better ... [Read]
Tesla Shares on the Rise After Shareholder Meeting
Shares of the electric automotive maker Tesla (NASDAQ:TSLA) have not been doing very well due to doubts from investors and shareholders on whether the company would be able to pull through with its target for ... [Read]
Volkswagon to Partner With Blockchain Start-up carVertical
The vehicle history-checking blockchain company carVertical has been invited to Volkswagen’s (OTC:VLKAY) Future Mobility Incubator in Dresden, Germany. The automotive blockchain company posted the announcement to its Twitter on Monday after the company had presented at ... [Read]
Softbank Invests in GM’s Self-Driving Car Project
The US-based automotive company General Motors (NYSE:GM) announced on Thursday that the Softbank Vision Fund would be investing into its automotive driving project, GM Cruise Holdings LLC. The Softbank Vision Fund will be investing a total of $2.25 ... [Read]
Consumer Reports Recommends Tesla Model 3
Tesla Model 3 Recommended: Consumer Reports has updated its review of the Tesla (NASDAQ:TSLA) Model 3 and officially recommends it to consumers. The fully electric Model 3 had previously been put through tests conducted by ... [Read]
BMW Announces Expansion of Battery Factory
German-based automotive company Bayerische Motoren Werke AG (SG:BMW) announced on Monday that the company’s most recent BMW battery factory, which opened nearly seven months ago in China, will be expanding its facilities. The expansion is part of ... [Read]
Fiat Chrysler Recalls 4.8 Million Vehicles
Fiat Chrysler Recall: The European-based automotive company Fiat Chrysler Automobiles NV (NYSE:FCAU) said on Friday that they are recalling 4.8 million vehicles in the US. The recall affects up to 14 Jeep, Ram, Chrysler and Dodge ... [Read]