Amazon enters $2 trillion club
Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, …
Rivian Automotive Inc
Rivian investment a ‘catch-up move’ for Volkswagen, advisory firm says
Rivian electric vehicles sit in a lot at a Rivian facility in February 22, 2024 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Volkswagen’s $5 billion …
Volkswagen takes $1 billion stake in EV maker
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Volkswagen plans to invest up to …
GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO
DETROIT – General Motors’ Cruise autonomous vehicle unit on Tuesday announced former Amazon and Microsoft executive Marc Whitten as its new CEO. Whitten was a founding engineer at Microsoft’s Xbox …
Tesla recalls Cybertruck to fix faulty windshield wipers, loose trim
The Tesla Cybertruck is unveiled at Tesla’s design studio on Nov. 21, 2019, in Hawthorne, Calif. Ringo H.W. Chiu | AP Tesla has issued two more recalls for its Cybertruck …
Rivian R1 pickup and SUV redesigned with Nvidia chips
Rivian Automotive has redesigned its all-electric R1 pickup and SUV models to improve range, performance and computing power with the help of Nvidia chips, the company said Thursday. While the …
Tesla Shareholders Urged To Reject Elon Musk’s $56 Billion Pay
Good morning! It’s Tuesday, May 28, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …
Mercedes-Benz workers in Alabama vote against union
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg …
Why the future is uncertain for Tesla’s Supercharging network
The future of Tesla Supercharging is uncertain following CEO Elon Musk’s disbanding of the Supercharging team as part of a broader restructuring. The roughly 500 layoffs included senior director of …
EV startups Rivian, Lucid, Nikola attempt to shore up cash
R1T trucks on the assembly line at the Rivian electric vehicle plant in Normal on April 11, 2022. Brian Cassella | Tribune News Service | Getty Images Once-hot electric vehicle …